Niku Expands Presence in Western Europe with Addition of Brussels Office

Niku Corporation (Nasdaq:NIKU), the global leader in IT
Management and Governance (IT-MG) solutions, today announced the
expansion of the company's European presence with its recently
established Brussels office. The office will serve customers and
partners throughout the Benelux region, addressing the growing demand
for IT Management and Governance solutions. Niku has already seen
solid uptake of its leading IT-MG solution, Clarity(TM), in the
Benelux region, with more than ten customers including the ministry of
the Brussels district and the financial institution Banque Generale du
Luxembourg.
   "With IT spending in recovery, a growing trend toward outsourcing
complex IT projects, and increasing regulatory and compliance
concerns, there is a growing need for IT Management and Governance
solutions in the Benelux region," said Colin Pittham, Vice President
of EMEA at Niku. "Our Brussels office enables us to serve customers
directly in this important region to help them maximize the return on
their IT investments. I am delighted with our seasoned and expert
team, and expect to see solid traction in the Benelux market with a
growing base of successful customers."
   Clarity enables organizations to drive IT-MG, beginning with
investment selection and extending through project execution and
results assessment, all within a single integrated enterprise
application. Clarity 7.5, introduced in fall 2004, extends the IT-MG
footprint through powerful enhancements that support global governance
and local management. Of particular interest in multi-lingual
countries such as Belgium and Luxembourg, Clarity allows different
users within an organization to operate simultaneously in their native
languages, including Dutch, French, German and English.

   About Niku

   Niku Corporation (Nasdaq:NIKU) is the leader in IT Management and
Governance (IT-MG) and New Product Development (NPD) solutions, and
two-time winner of the Gartner PPM Summit "Best Vendor" award. More
than 400,000 users at industry leaders such as Avon, BT, Eastman
Chemical, HSBC, Manpower, Royal Caribbean Cruise Lines and Unilever
depend on Niku software to maximize their "Return on IT." With
headquarters in Silicon Valley, Niku serves global customers from more
than 20 offices worldwide.
   For more information, contact [e-mail] or visit
http://www.niku.com.

   Niku and the Niku logo are registered trademarks and Clarity, Open
Workbench and Project Workbench are trademarks of Niku Corporation in
the United States and certain other countries. All other trademarks,
trade names, and/or product names are used solely for the purpose of
identification and are the property of their respective owners.