Delphi Grundig Selects Business Engine to Run the Business of IT; Alignment and Transparency is Key Driver for Mobile Infotainment Organization

LONDON--May 2, 20055, 2005--Business Engine, a leader in application software solutions for running the business of IT, today announced that Delphi Grundig has joined its expanding roster of Blue Chip customers in implementing its flagship product, the Business Engine Network(TM) (BEN(TM)). Delphi Grundig will use the BEN to align IT projects with strategic business objectives, increase cost transparency and deliver value to internal business sponsors.

"The number one concern of CIOs today is alignment with the business - managing competing demands against scarce supply of budget and resources," said Mark Strauch, chief operating officer of Business Engine. "Business Engine will directly address this concern at Delphi Grundig, allowing IT leaders to align, monitor, and adjust the technology portfolio to achieve a greater return on investment, and meet strategic business objectives."

"The BEN will help us to achieve business and IT alignment while ensuring that important new projects are given the visibility they deserve. By agreeing with business unit partners on strategic objectives, we will be able to deliver a structured process for program control and increase our technology return on investment (ROI)," explained Udo R. Krauss, CEO of Delphi Grundig.

The BEN is the premier industry choice for organizations looking to 'Run the Business of IT'. By integrating the entire IT portfolio within a single, Web-based enterprise solution, the BEN provides organizations with the visibility and control they need to make informed decisions, align corporate objectives with IT investments, and measure business results.

Over 400 global IT organizations, including Deutsche Bank, Merrill Lynch, and ING, rely on Business Engine to improve business performance, manage regulatory compliance initiatives, and ensure IT governance. With the BEN, they can efficiently manage IT strategy, financial governance and operational execution, creating enterprise transparency that dramatically improves IT investment decisions, business alignment and delivery results.

The BEN application incorporates customer-driven functionality including: financial management (forecasting, budgeting, charge-backs), multi-currency support, time capture, complex labor rate support, project management, resource management, document management, automatic PowerPoint reports, as well as integration with existing platforms including Microsoft Project, HR and General Ledger systems including SAP and PeopleSoft. The BEN supports multiple user types through role-based security features and customizable portal dashboard views, meeting the diverse needs of executives, managers, team members, and business sponsors alike.

Business Engine's strategic Channel Alliance Partner in Germany is Applisoft AG. Applisoft AG specializes in the financial services, automotive, engineering and R&D-driven markets and sells the BEN direct to large enterprises in the German market.

About Delphi Grundig

Delphi Grundig, with its headquarters in Nuremberg, development centres in Bad Salzdetfurth and in Nuremberg and the production site in Braga, Portugal, forms the European infotainment core within the global Delphi structure. Grundig Car InterMedia System, and its mobile multimedia product line, was acquired by Delphi - one of the world's largest suppliers of vehicle electronics - in November 2003. In terms of technology, Delphi Grundig concentrates on the wireless connection of home, office entertainment and productivity applications within the automobile. Delphi Grundig currently employs around 1100 staff at its three European locations. Visit www.delphigrundig.com for more information.

About Applisoft AG

Applisoft AG is a provider of software development, IT-Consulting and management consulting services to enterprises across Europe. Its mission is to enhance company value through their knowledge and to help organizations to achieve their business objectives. Applisoft AG's primary territory is the Federal Republic of Germany with emphasis in Rhine-Main and Rhineland, Switzerland, and Austria. Please visit www.applisoft-ag.com (English language site) for more information.

About Business Engine

Established in 1985, Business Engine is a leading provider of enterprise software for 'running the business of IT'. The Business Engine Network allows global IT organizations to manage IT strategy, financial governance and operational execution within a single Web-based solution, creating enterprise transparency that dramatically improves IT investment decisions, business alignment and delivery results. Business Engine serves over 80,000 end-users at global organizations including Boeing, Deutsche Bank, ING, Merrill Lynch, Pfizer, Siemens and Tesco. Visit www.businessengine.com for more information.