Contract Management Software company is a finalist for the 2006 Western Economic Diversification Canada’s Export Award of Distinction

EDMONTON, ALBERTA, CANADA—Upside Software, an integrated enterprise contract management software provider, is pleased to announce that the company has been named a finalist for the Western Economic Diversification Canada's Export Award of Distinction which is one of the 2006 Alberta Business Awards of Distinction presented by the Alberta Chambers of Commerce.

The Alberta Business Awards of Distinction recognize excellence in 14 different categories including the Export Award of Distinction. Western Economic Diversification Canada’s Export Award of Distinction is given to the organization that has demonstrated outstanding achievement in exporting products or services outside of Canada’s borders.

The awards are hosted by the Alberta Chambers of Commerce and will be presented at a gala banquet, February 22, 2006, at the Hyatt Regency in Calgary.

“It is an incredible honour to be recognized by the Alberta business community,” says Ashif Mawji, CEO of Upside Software. “Alberta provides the perfect setting for our growing company. With an extraordinary team of talented Albertans, we continue to achieve global success from just one office located in Edmonton.”

Upside Software has been ranked by many industry analysts in their Top 3 list of organizations, globally, in the Enterprise Contract Management Software market and the company boasts an impressive list of customers, including many in the Fortune 500 and Global 2000. Upside Software achieved profitability in its second fiscal year and has seen it grow in triple digit percentage gains year after year. It is one of the only profitable companies in the enterprise contract management software market.

More information about the 2006 Alberta Business Awards of Distinction can be found at http://www.abbusinessawards.ab.ca.

About Upside Software Inc.

Upside Software is the worldwide leader in Contract Lifecycle Management (CLM) solutions. Customers around the globe use UpsideContract and other integrated business solutions to confidently perform Contract Management, Sourcing & Procurement, and Invoice & Billing Management activities throughout their organizations. Upside Software’s products address the needs of Enterprise (e.g. Fortune 500, Global 2000), Public sector (Federal, State/Provincial, Municipal and Health Care), and Small & Medium Enterprise (SME) customers. Customers realize significant cost savings while improving customer and supplier relationships. Upside Software’s solutions are deployed in as little as 3 days and typically provide a full return-on-investment (ROI) in under a year. Founded in 2000, Upside Software is a profitable, growing company with an advanced, yet mature, and comprehensive product suite. The company has extensive experience delivering real value to customers of every size and in most industry verticals. Upside Software is headquartered in Edmonton, Alberta, Canada – for more information visit the company’s website at http://www.upsidesoft.com/

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