Press Release

CollabNet expands Business success in Asia

New Vice President of Asia Pacific Taki Katashiba Leverages Experience and Network to Accelerate Growth in Asia

BRISBANE, Calif., May 29, 2007 — CollabNet, the primary sponsor of the Subversion open source project and leading provider of collaborative software development solutions, today announced the appointment of Taki Katashiba as vice president of Asia Pacific. Katashiba brings over 15 years of experience in the software industry and will be influential in steering CollabNet's business to new highs in customer acquisition and revenues. CollabNet currently has a well-established base of over 35 customers in the Asia Pacific region, which includes high profile corporations such as Sharp, SK Telecom, Reuters, and Mitac.

Katashiba has held various management positions, primarily focusing on the Asian market and working with innovative and global Fortune 1000 companies such as Corporate Software/Stream International, Solectron, Fujitsu Systems Business of America and Questra Corporation. The addition of Katashiba exemplifies CollabNet's strategy of building an experienced management team to lead expansion in software development growth regions in China, Japan, Korea, and India, as well as Australia and New Zealand.

“The need to interconnect global development talent is a mandate throughout the world and I'm delighted to join the CollabNet team, which is leading the software industry through the transformation,” said Taki Katashiba, vice president of Asia Pacific, CollabNet. “Businesses are listening to the merits and applying the principles of collaboration and openness. This is evident in Asia, where many companies are growing by connecting distributed software development teams and helping them work together.”

As part of its global expansion strategy, CollabNet continues to develop joint offerings through its Global Business Partner Program, which brings together software change management experts and other leaders in the development of applications, embedded software, and complex systems. Current partner T4U Co., a leading distributed software development systems integrator in Japan, previously announced a Global Distributed Software Development solution, a standardized platform for information system development which will be provided through the CollabNet platform.

“T4U has partnered with innovative companies that deliver superior products and services. The CollabNet Global Partner Program allows us to leverage the technology that will give us a competitive advantage,” said Osamu Nakahashi, President of T4U. “By adding our expertise with CollabNet products, we can support our customers' distributed software development needs by enabling virtual teams to collaborate and communicate on the most important software projects for their enterprise.”

CollabNet's recently acquired SourceForge Enterprise Edition, in addition to the entire product portfolio - CollabNet Enterprise Edition, CollabNet CUBiT™, and Subversion® - will be fully supported and enhanced over time for Asian markets. Customers around the world will benefit from CollabNet's extensive, global support infrastructure, including around the clock support, as well as accelerated innovation due to an increased research and development staff. More information to support users in Japan and China will be available in localized Web sites www.collab.net/jp/ and www.collab.net/cn/, respectively.

CollabNet will also participate in the inaugural Eclipse Forum in India, where the company will announce the general availability of their Eclipse Mylar integration software. CollabNet partnered with TaskTop Technologies to seamlessly integrate Eclipse, Eclipse Mylar, and Subversion. The integration of these popular development tools will result in improved developer productivity, simplification of the developer environment and immediate prioritization of developers' tasks.

About CollabNet

With 1.1 million users, CollabNet® is the most widely used platform for distributed software development and collaborative lifecycle management. Now combined with SourceForge® Enterprise Edition, the company is transforming the way in which software is being developed by enabling companies to leverage global development talents and resources to deliver better products, innovate faster and reduce development infrastructure costs by 50%.

CollabNet is the primary sponsor of Subversion™, a core component in CollabNet’s portfolio of software development products: CollabNet Subversion and CollabNet Enterprise Subversion enable enterprises to safely deploy Subversion by providing governance, advanced security and effective user and project administration around Subversion. CollabNet Enterprise Edition and SourceForge Enterprise Edition deliver an integrated platform for collaborative application lifecycle management that enable project members to work as one team throughout the project lifecycle regardless of their location. CollabNet CUBiT™ provides distributed development organizations with a ground-breaking virtualization solution to centrally and dynamically provision build and test environments.

OpenCollabNet®(www.open.collab.net) is an online extension to CollabNet; this Web 2.0 community for developers and users of Subversion and CollabNet products offers interactive discussion forums, technical information, product enhancements and development solutions from partners, free software downloads and more.

More than 300 industry leading companies use CollabNet’s solutions today, including Reuters, Philips Medical Systems, Capgemini, and Barclays Global Investors among others. Visit CollabNet at http://www.collab.net or get more information about Subversion at http://www.collab.net/subversion.