Apptio Recognized as Best Company to Work For

Seattle Business Magazine Names Apptio one of Washington State's 100 Best Companies to Work For

Seattle, WA - June 17, 2011 - Apptio, the leading provider of on-demand Technology Business Management (TBM) solutions, today announced that the company has been recognized by Seattle Business magazine as one of Washington's 'Best Companies to Work For' in 2011. According to the award organizers, Bellevue-based Apptio was recognized for successfully creating a winning corporate atmosphere, their outstanding commitment to employees, and their unique incentives program. Apptio was ranked third in the mid-sized company category, out of over 400 applicants. Other companies featured on the mid-sized list include Rhapsody International, BDA, and ING Direct.

This recognition marks the fifth business award for the company in the past two months, as Apptio was honored as the Eastside Emerging Business of the Year, appointed to the prestigious TiE50 list, and the company's CEO, Sunny Gupta, was named the Seattle 2.0 Startup CEO of the Year and an Ernst & Young Entrepreneur of the Year Pacific Northwest finalist.

"Apptio is passionate about fostering one of the region's best workplaces, and I credit our tremendous success over the last few years to our highly talented team," said Sunny Gupta, co-founder, president and CEO of Apptio. "Attracting and retaining top talent is foundational to our goal of building Apptio into one of the Northwest's largest enterprise software companies. Our core values, including a focus on developing leaders and rewarding superstars, empower our employees and set us on the right path towards accomplishing this goal."

Backed by Andreessen Horowitz, Cisco, Greylock Partners and others, Apptio has pioneered the Technology Business Management category, and is focused on making every IT organization a more efficient and effective partner with the business. Apptio's TBM solution gives IT and finance leaders the insight needed to minimize IT costs, make ROI-optimized decisions, align IT resources around business needs and ensure business leaders clearly understand the value of IT. The company has achieved 300 bookings growth over the past year and more than doubled its stable of customers which boasts some of the world's largest companies including Bank of America, Boeing, Cisco, Clorox, Facebook and Microsoft.

Seattle Business magazine's '100 Best Companies to Work For' award program recognizes companies in Washington state that are setting the standard for leadership, benefits, work environment, innovative training programs and employee satisfaction, and are positively impacting the state of Washington through their employees.

Apptio and the other winners were given special recognition at the annual awards banquet on June 16. The full list of winners will be announced in the July issue of Seattle Business magazine and online at http://www.seattlebusinessmag.com/article/nice-work.

About Apptio

Apptio is the leading provider of SaaS-based Technology Business Management (TBM) solutions for managing the business of IT. Apptio enables IT leaders to manage the cost, quality and value of IT Services by providing deep visibility into the total cost of IT services, communicating the value of IT to the business through an interactive "Bill of IT," and strategically aligning the planning, budgeting and forecasting processes. Apptio's TBM solutions play a critical role in helping companies understand and drive chargeback, virtualization, cloud and other key technology initiatives. Global enterprise customers including Bank of America, Boeing, Cisco, Clorox, Facebook, JPMorgan Chase, Microsoft, Northrop Grumman, St. Luke's Health System, and Swiss Re rely on Apptio to manage more than $50 billion in annual IT spending. For more information on Apptio, please visit http://www.apptio.com or the Lean IT blog at http://leanit.apptio.com/.

About Seattle Business magazine

Seattle Business is a monthly magazine that is read by more than 100,000 business executives across the state. Annual events tied to its editorial coverage include Leaders in Health, Washington Manufacturing Awards, Best Companies, Green Washington Awards, Top Innovators and Family Business Awards. Seattle Business is owned by Minneapolis-based Tiger Oak Publications, which also publishes Seattle, Seattle Bride magazines as well as more than 20 other leading regional magazines. Visit Seattle Business online at www.seattlebusinessmag.com.

Contact:

Karli Overmier
Barokas PR for Apptio
apptio@barokas.com
206-264-8220