Premier Asian Engineering Company Selects Realization's Next Generation Project Management Software
Realization's software will support rapid growth of Larsen & Toubro's Heavy Engineering Division

SILICON VALLEY - October 27, 2003 - Realization Technologies today announced that Larsen & Toubro has begun implementing its next generation of multi-project management software in the company's heavy engineering division. Founded in 1938, Larsen & Toubro Limited (L&T) is one of Asia's largest vertically integrated engineering/construction and cement conglomerates with additional interests in IT and electrical businesses. A strong, customer-focused approach and the constant quest for top-class quality have enabled the company to attain and sustain leadership position for over six decades.

To support its high growth and its premium brand name, it is critical that L&T Heavy Engineering quotes aggressive due-dates to its customers and meets them consistently. Realization's software will help them in meeting these dual goals.

"L&T is not just another company but an institution in India, and it is a privilege to serve them," says Sanjeev Gupta, CEO of Realization. "L &T is experiencing rapid growth and Realization's software will support this growth by ensuring that L&T continues to meet and exceed its customers' expectations."

About Realization Technologies, Inc.
Realization provides the next generation of project management software. Instead of the fifty-year-old critical path approach, Realization's software uses a Critical Chain Engine™. Already at work in a wide range of institutions, it dramatically enables projects to run faster and finish on time. Realization is headquartered at 2 North First Street, San Jose, CA 95113.
Website is www.realization.com.

For more information, contact:

Shailesh Sood
Realization Technologies
408-271-1712
ssood@realization.com

Tom Brigham
Brigham Scully
818-716-9021
tbrigham@brighamscully.com