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Rally Software Development Named Finalist in Two Categories for the 16th Annual Jolt Product Excellence and Productivity Awards

Software development magazine recognizes Rally among industry leaders

BOULDER, Colo., Jan 24, 2006 - Rally Software Development Corp., the leading on-demand provider of Agile software lifecycle management solutions, today announced it has been selected as a finalist for Software Development magazine's 16th Annual Jolt Product Excellence and Productivity Awards. Rally is a finalist for awards in both the Enterprise Project Management and Quality Project Management categories.

For the past 16 years, Software Development magazine's Jolt Product Excellence and Productivity Awards have been presented annually to products that have "jolted" the industry with their significance and made the task of creating software faster, easier and more efficient. This year, finalists were selected from hundreds of nominations in 14 categories, by a team of twenty judges who themselves are leaders in the software development industry.

"The number of nominations we received this year was unprecedented and the process of narrowing down the finalists was a massive, albeit exciting, task, with many more products contending in each category," commented Software Development Technical Editor Rosalyn Lum. These products represent a cross section of the most ground-breaking tools for every phase of the software development lifecycle -- a testament that the spirit of innovation is alive and well in the software development sector."

"We are very excited to have Rally selected as one of the most innovative and impactful solutions in two Jolt award categories," said Tim Miller CEO of Rally Software Development. "Rally offers software organizations of all sizes an entirely new way to define, plan and manage the software lifecycle using Agile development practices. Plus, Rally's on demand platform starts faster and offers dramatically lowers costs and risks than ALM tools provided by the traditional vendors. It is very rewarding to know that the Jolt award judges and development community recognize Rally's contribution."

Jolt award winners will be announced at a ceremony at the Software Development West Conference and Exhibition, Wednesday March 15, 2005 at the Santa Clara Convention Center in Santa Clara, CA, which attracts more than 3,000 software developers, renowned industry speakers, and press annually. Winners will also be featured in the June 2006 issue of Software Development magazine.

About Rally

Based in Boulder, Colo., Rally Software Development is helping change the way companies around the globe define, develop and deliver software. Rally's family of on-demand solutions for Agile software lifecycle management support the mainstream adoption of Agile development practices, a fast-growing trend that helps software organizations respond faster to changing customer needs by building software incrementally using short, fully-tested iterations. The company's customers include thousands of subscribers from leading software vendors, Internet companies and corporate development teams who are committed to delivering high-value software that adapts quickly to new business realities. Rally's world-renown coaches and expert partners complement its on-demand applications with training, mentoring and consulting services for creating the Agile organization. The company is privately held and backed by Mobius Venture Capital and Boulder Ventures. For more information about Rally, visit the company's Web site at www.rallydev.com

Press Contact: Anne Greenhaw
303-565-2832
anne@rallydev.com


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