Global Program Helps Accelerate the Success of Innovative Startups Committed to Microsoft's Platform Technologies

Houston, Texas - July 7th 2008:  ActionBase, a pioneering solution for Collaborative Human Process Management, today announced it has been selected to join the Microsoft Startup Accelerator Program.  Stewarded by the Emerging Business Team (EBT) at Microsoft Corp., the program is designed to connect high-potential startups committed to the Microsoft platform to an extensive support network that provides access to Microsoft people and programs, guidance on future directions, and support to accelerate their success.

“We are very proud to have been selected to this program. Microsoft is a valued partner in helping us develop our unique Human Process Management offering assisting enterprises effectively manage collaborative processes across the enterprise within their Office environment” says Eyal Maor ActionBase’s CEO.

Microsoft is committed to serving as a valuable technology and business partner for emerging startups and their investors. Companies are selected to join the program based on innovation, marketability, growth potential, funding, platform decision and strategic importance to Microsoft. These companies receive customized engagement plans designed to support their software development and increase market visibility.

“We find ActionBase to have an appealing offering when it comes to managing collaborative human processes with an intriguing concept for Microsoft Office users,” says Lynda Ting, Director, Business Development, Emerging Business Team at Microsoft Corp. “The combination of ActionBase and Office will provide a valuable new solution to help meet the needs of our mutual customers,” added Ting.

The Microsoft Emerging Business Team evaluates hundreds of technology startups each year to identify those with the strongest potential to succeed in the market, shape the industry’s future, and enhance the overall value of Microsoft products and services for customers. The Microsoft Startup Accelerator Program shines the spotlight on some of the most promising startups and provides good examples of how startups can work successfully with Microsoft. To learn more, visit the Microsoft Startup Zone at www.microsoftstartupzone.com

About ActionBase

ActionBase is a leading provider of Human Process Management Solutions. ActionBase addresses business’ ongoing need to follow-up and track to completion the execution of multipart human centric processes. ActionBase provides full visibility and control over dynamic and unstructured processes that were otherwise managed via plain documents and email correspondence.

ActionBase is used by Fortune 500 organizations worldwide - more than 150 large organizations like Orange, Texas Instruments, Amdocs, and many more are using ActionBase to manage their business critical processes, where follow up is essential. ActionBase specializes in complex industries such as Oil & Gas, Utility and Telecom. The company is headquartered in Israel with Offices in the US and the UK.

The names of actual companies and products mentioned herein may be the trademarks of their respective owners.