Realization's Project Flow Software To Be Implemented by HP's Digital Camera Engineering Unit
Multi-Project Management Software Challenges the Old Rules of Project Management

SILICON VALLEY - June 22, 2004 - Realization Technologies today announced that its software will be implemented by HP's digital camera engineering unit. The software, which helps companies manage resources more efficiently in a multi-project environment, has also been implemented by other leading companies, such as ABB, Bombardier, FMC, Hamilton Beach, Herman Miller, Johnson Controls, Larsen & Toubro, Lucent Technologies, LSI Logic, Medtronic, PPD, P&G Pharmaceuticals, Siemens and Skye Group, among others.

"Realization's Project Flow software is a valuable tool for helping companies increase their new product development output," says C. Sridhar, Director of Strategic Services at Realization. "We are privileged to serve the needs of a world-class organization like HP."

Wide ranges of project-based organizations are using Project Flow software to do more projects faster and finish them on target. Realization has endorsements from vice presidents of engineering and operations in leading companies around the world as well as senior officials in the U.S. military.

About Realization Technologies, Inc.
Realization Technologies defies conventional wisdom, both business- and product-wise. This Silicon Valley company has grown without any VC money or marketing hype, and its Project Flow software breaks old management rules instead of blindly automating them. Unlike conventional project portfolio management software that produces reams of data, Project Flow software helps companies increase project performance. For instance, NASA's Systems Analysis Branch has increased its performance (as measured by external auditors) by 25 percent with Project Flow. Project Flow is used by over 100 leading organizations throughout the world. Realization is headquartered at 2 North First Street, San Jose, Calif. 95113. Website is www.realization.com.

For more information, contact:

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