Company on Track to Achieve Previously Increased Revenue Projection BURLINGTON, Massachusetts, September 27 /PRNewswire-FirstCall/ -- ClickSoftware Technologies, Ltd. (NasdaqSC: CKSW), a leading provider of workforce and service optimization solutions, today announced an agreement to provide products and related services to a leading global organization in the document management and office equipment industry. The organization has purchased ClickSoftware's ClickSchedule solution for optimized scheduling and daily service delivery execution. Revenues from the transaction are expected to be recognized beginning in the fourth quarter and will be spread over several subsequent quarters. "We are proud to welcome another leading service organization to our rapidly growing customer community," said Dr Moshe BenBassat, Chairman and CEO of ClickSoftware. "World class customer service is increasingly being recognized as both a strategic differentiator and contributor to the positive financial performance that is critical for a company's success. ClickSoftware is committed to leading service businesses to excellence by offering products and solutions to improve customer service as well as productivity and overall cost savings. On a broader basis, as we approach the end of the third quarter, we are pleased to report that we are on target to achieve the increased revenue levels that we projected for 2006 in the guidance we gave at the end of the second quarter," he added. On August 26th, the company raised its full-year revenue growth projection to 25% from 15%, based on increasing levels of deferred revenues, current backlog of firm commitments and visibility into the sales pipeline. About ClickSoftware ClickSoftware is the leading provider of workforce and service optimization solutions that maximize workforce productivity and customer satisfaction while minimizing operations costs. ClickSoftware's ServiceOptimization Suite provides an integrated, intelligent solution for automatic, efficient, and effective decisions over the entire service decision-making chain. It includes reliable customer demand and workload forecasting, strategic and tactical capacity planning, optimized shift planning, daily service scheduling, troubleshooting and repair support, wireless workforce management, location based services and business analytics, connecting all organizational levels and functions. The company is headquartered in Burlington, Mass. and Israel, with offices in Europe, and Asia Pacific. For more information about ClickSoftware, please call +1(781)-272-5903 or +1(888)-438-3308, or visit http://www.clicksoftware.com/. This press release contains express or implied forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Exchange Act. These forward-looking statements include, but are not limited to, those regarding future results of operations, visibility into future periods, continued growth and rate of growth, and expectations regarding future closing of contracts and receipt of orders, recognition of revenues and deferred revenues. Such "forward-looking statements" involve known and unknown risks, uncertainties and other factors, which may cause actual results or performance to be materially different from those projected. Achievement of these results by Clicksoftware and its subsidiaries may be affected by many factors, including among others, the following: risks and uncertainties regarding the general economic outlook; the length of or change in the Company's sales cycle; the Company's ability to close sales to potential customers in a timely manner; the Company's ability to maintain or increase relationships with strategic partners; timing of revenue recognition; and the Company's ability to maintain or increase its sales pipeline. The forward-looking statements contained in this press release are subject to other risks and uncertainties, including those discussed in ClickSoftware's annual report on Form 20F for the year ended December 31, 2005 and subsequent filings with the Securities and Exchange Commission. The Company is under no obligation to (and expressly disclaims any such obligation to) update or alter its forward-looking statements whether as a result of new information, future events or otherwise. DATASOURCE: ClickSoftware Technologies Ltd CONTACT: Contacts: Simon Morris, ClickSoftware, Inc., +44-(0)1753-503302,

Copyright