Upside Software Cited as a Leader in the Latest Contract Management Lifecycle Report by an Independent Research Firm

    EDMONTON, AB, June 30, 2011 /24-7PressRelease/ -- Upside Software Inc. announced it has been recognized as a leader amongst Contract Lifecycle Management (CLM) software providers in the report "The Forrester Wave: Contract Life-Cycle Management, Q2 2011" Forrester Research, Inc., June 2011. Vendors were evaluated on 113 criteria that examined each step of the contract life cycle and measured how each vendor performed against key determining factors.

The report states "Upside Software provides an all-around excellent solution. Upside Software had the highest overall score in the evaluation with deep functionality and intuitive usability - a hard to find combination. Upside has very strong functionality in key areas including Microsoft Word integration, buy-side contracts, complex approval workflow, and routing rules support." The report goes on to say, "Upside is a leading option for large companies with complex requirements looking for a licensed, standalone CLM solution." - "The Forrester Wave : Contract Life-Cycle Management, Q2 2011" Forrester Research, Inc., June 2011.

"Upside Software leads the pack. Upside was able to pull ahead of a very competitive field with advanced functionality across the board, very good growth momentum in the market, and extremely positive reference results." - "The Forrester Wave : Contract Life-Cycle Management, Q2 2011" Forrester Research, Inc., June 2011.

Upside Software scored the highest of all vendors in both the current offering and strategy. As well, it had or was among the top marks in the following: Existing and 3rd Party Contract Support, Contract Approval, Contract Process Management, Integration, Globalization, Technology, Product Strategy and References. In the areas which didn't affect the scores, it also had the highest rankings in Install Base and Revenue Growth.

"Upside Software is proud to be named as a leader in this influential report," said Ashif Mawji, President and CEO, Upside Software. "Upside prides itself on listening to what our customers are saying and working with their feedback to constantly evolve our product suite to be the best in class. We believe the solutions that we develop are efficient and innovative at every level and help streamline processes to maximize the bottom line - making them applicable to various business models and industries across the board."

For more information about the "The Forrester Wave : Contract Life-Cycle Management, Q2 2011" report, please visit
http://www.forrester.com/rb/Research/wave%26trade%3B_contract_life-cycle_management%2C_q2_2011/q/id/57760/t/2

About Upside Software

Upside Software is the worldwide leader in Contract Management Software solutions around the globe. Upside Software's products address the needs of Enterprise (e.g. Fortune 500, Global 2000), Public sector (Federal, State/Provincial, Municipal and Health Care), and Small & Medium Enterprise (SME) customers. Customers realize significant cost savings while improving customer and supplier relationships. Upside Software's solutions typically provide a full return-on-investment (ROI) in under a year. Founded in 2000, Upside Software is a profitable, growing company with an advanced, yet mature, and comprehensive product suite. The company has extensive experience delivering real value to about 300 customers of every size and in most industry verticals globally. For more information visit the company's website at http://www.upsidesoft.com/.

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