Rally Software Development Wins 16th Annual Jolt Product Excellence Award

Upstart Rally recognized for leading the Agile development wave

BOULDER, Colo., March 16, 2006 - Rally Software Development Corp., the leading on-demand provider of Agile software lifecycle management solutions, today announced it has been awarded a Jolt Product Excellence Award in the Quality Project Management category. Less than two years since its public release, Rally has quickly become the preferred choice for software driven organizations looking to adopt and scale Agile development methodologies. Only Rally supports all IT roles and activities involved in the management, definition, development, testing and deployment of an organization’s custom applications in short, fully tested increments.

“With this award, Rally proves itself as an innovative leader in the software development industry and as a tool that delivers outstanding value by maximizing the productivity of software development teams,” said Tim Miller, CEO of Rally. "We have built world-class products by continually incorporating customer feedback into our development efforts. Earning our first Jolt Award further validates this strategy and the importance of Rally to the Agile community.”

The Jolt Product Excellence and Productivity Awards were judged by a respected panel of Software Development Magazine editors, expert advisers and columnists. The awards were presented at Software Development Magazine’s 16th Annual Jolt Product Excellence and Productivity Awards ceremony in Santa Clara, Calif. on March 15, 2006. The Jolt awards are given to products, books and Web sites that have “jolted” the industry by helping to create faster, easier and more efficient software.

This year’s winners will be featured in the June 2006 issue of Software Development Magazine. For more information on the awards visit: www.sdmagazine.com.

About Rally’s On-demand Solutions

From small pilot projects to distributed, multi-team programs, Rally’s family of leading on-demand software lifecycle management solutions give teams the visibility and collaboration needed to formalize and scale Agile development practices that deliver high-value software in rapid iterations. Rally unites Agile project management with tracking of requirements, tests and defects so everyone has a real-time picture of a project’s features and quality, priorities, roadblocks and risks. Its deep support for all roles and activities in the software development lifecycle provides an alternative to expensive and poorly integrated point tools. Rally is delivered through a highly secure, hosted Web service that starts fast and scales easily across platforms and geographies for low-risk, low-cost deployment.

About Rally Software Development

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. The company’s customers include thousands of subscribers from leading software vendors, Internet companies and corporate development teams that 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

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