Lucent Technologies Extends Realization's Project Flow Solution to Mobility Solutions Group
Expansion Follows Sister Division Realizing Quantum Improvements in Speed and Throughput Using Project Flow

SILICON VALLEY - October 21, 2004 - Realization Technologies today announced that Lucent's Mobility Solutions Group has just gone live with the company's Project Flow solution. For four years, Lucent's Convergent Solutions Division, which designs, develops and upgrades telecommunications switches, has been using Project Flow to help manage approximately 300 active projects with 30-plus deliveries per month. Employing Project Flow, their cycle times fell ten to 25 percent while throughput per person increased 45 percent.

"Wanting to generate new revenues and growth by delivering 3G high-speed data services to mobile professionals, the Mobility Solutions Group likewise wants to achieve commitments without slippage, reduce project intervals and do more projects," reports Realization Technologies' Craig Homann. "They compete in an industry in which technology evolves very quickly. For new product development-oriented organizations such as the Mobility Solutions Group, shrinking life cycles require more projects done quicker with the same resources."

Realization helps such project-oriented organizations by eliminating bottlenecks and time-traps, and increasing the flow of projects. Based on the theory of constraints/ critical chain, Project Flow identifies the most limited resources across all projects and helps executives select the most profitable project/product mix, given those constraints. In addition, it dynamically prioritizes resources during execution so that overall, the project keeps moving despite local delays.

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 gives more reports faster, Project Flow helps companies do more projects faster.

For instance, the Switching Solutions Group of a major telecomm company has reduced project duration by one-third for over 95 percent of their projects. Their internal productivity metrics indicate a 45 percent improvement, and on-time delivery has sustained at 90+ percent over three years. 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