~ FOR IMMEDIATE RELEASE ~

 February 4, 2006


Pragmatic Software 2005 Financials – PR-0059
More Information – Contact Lynn Miller at
800-773-7785
No Kill Date!

PRAGMATIC SOFTWARE ANNOUNCES 2005 YEAR-END RESULTS

Pragmatic Software Company (http://www.pragmaticsw.com) announced that FY2005 financial performance was the best in the company’s history.  Revenues grew by 45% over 2004, while obtaining a 21% net profit margin.  Since it’s inception in 1992, Pragmatic Software has posted profitability each year of its existence.  “Last year’s growth is attributed to large adoption of our Enterprise solution from larger clients while also increasing market share for our ASP on-demand solution for smaller and mid-sized clients,” says Steve Miller, President/CEO of Pragmatic Software.  “We expect revenues to grow even more substantially this year, due to a new partner program and additional marketing efforts.”

Pragmatic Software offers several web-based products for project management and team collaboration.  Their flagship product, Software Planner (http://www.SoftwarePlanner.com) provides a simple, intuitive interface for managing all phases of the software development lifecycle, including requirements gathering, project management, defect management, test case management, and calendar management.  

Pragmatic Software also offers web-based office automation and CRM software designed to empower teams to manage projects, collaborate, and track contacts (like vendors, sales leads, and clients).  This solution, Pragmatic Office (http://www.PragmaticOffice.com), provides small and medium sized businesses rich CRM features that would be otherwise costly to implement.  This includes Microsoft Outlook® synchronization, email campaign management, and advanced prospect and customer tracking.

To round out Pragmatic Software’s offerings, their web based reporting software (Web Information Center http://www.WICDirect.com) offers the ability to post reports via the web, allowing employees, vendors and clients to access graphical reports via a secure web connection.  Web Information Center integrates with Crystal Reports® and Data Dynamic’s DynamiCube®, providing robust pivot table reporting within a web browser. 

Pragmatics’ clients include AMD, Acer Computers, TravelEx, Procter and Gamble, and Brookfield Homes.  Brookfield Homes (http://www.BrookfieldSouthland.com) recently won the MAME “Best Builder Website” award.  This award winning site was implemented as a collaborative effort by Brookfield Home’s marketing team, the Westin Group, and Pragmatic Software.  Brookfield’s marketing team provided the vision, the Westin Group provided the graphical content, and Pragmatic Software’s Web Information Center provided the ability to pull all those pieces together to create a dynamic site that was visually stimulating and easily updatable by Brookfield Home’s marketing team.

About Pragmatic Software
Founded in 1992, Pragmatic Software Company, Inc. based in Denver, Colorado is a software development company that provides web-based project management and team collaboration software.  For more information on Pragmatic Software, go to http://www.PragmaticSW.com or contact Lynn Miller at (800) 773-7785. 

To see an on-line copy of this press release, navigate to:
   http://www.PragmaticSW.com/Press Releases/PressRelease-0059.pdf