BURLINGTON, Massachusetts, November 16 /PRNewswire-FirstCall/ -- ClickSoftware Technologies Ltd. (NasdaqGS: CKSW), the leading provider of workforce management and service optimization solutions, today announced that it has successfully closed the acquisition of the assets of AiPoint. ClickSoftware acquired the workforce management business of AiPoint in an asset purchase transaction including its technology, customers and employees for total consideration of about $1.5 million paid in cash. This acquisition will expand the functionality of ClickSoftware's existing shift planning solution and significantly increase the spectrum of industry verticals and applications it can address. "The acquisition of AiPoint, along with the two other acquisitions we completed earlier in the year, serves to considerably broaden our total addressable market from a geographic, client size and industry perspective," said Dr. Moshe BenBassat, Chairman and CEO of ClickSoftware. "When you also consider our major new product developments including the release of Version 8, and the productive partnerships we have solidified, our growth platform for 2010 and beyond is well established." About ClickSoftware ClickSoftware is the leading provider of workforce management and service optimization solutions that create business value for service operations through higher levels of productivity, customer satisfaction and cost effectiveness. Combining educational, implementation and support services with best practices and its industry-leading solutions, ClickSoftware drives service decision making across all levels of the organization. From proactive customer demand forecasting and capacity planning to real-time decision making, incorporating scheduling, mobility and location-based services, ClickSoftware helps service organizations get the most out of their resources. With over 150 customers across a variety of industries and geographies, and strong partnerships with leading platform and system integration partners - ClickSoftware is uniquely positioned to deliver superb business performance to any organization. The company is headquartered in Burlington, Mass. and Israel, with offices in Europe, and Asia Pacific. For more information about ClickSoftware, please call (781)-272-5903 or (888)-438-3308, or visit http://www.clicksoftware.com/. This press release contains express or implied forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and other U.S. Federal Securities Laws. These forward-looking statements include, but are not limited to, those statements regarding expected benefits from the acquisition of AiPoint, anticipated market needs and the expected increase in the number of markets ClickSoftware can address. Such "forward-looking statements" involve known and unknown risks, uncertainties and other factors that may cause actual results or performance to differ materially from those projected. Achievement of these results by ClickSoftware may be affected by many factors, including, but not limited to, risks and uncertainties regarding the general economic outlook, ClickSoftware's ability to close sales to potential customers in a timely manner and maintain or strengthen relationships with strategic partners, ClickSoftware's ability to retain AiPoint's customers and employees, the ability of ClickSoftware to integrate AiPoint's technology with its existing offerings and ClickSoftware'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 the "Risk Factors" section and elsewhere in ClickSoftware's annual report on Form 20-F for the year ended December 31, 2008 and in subsequent filings with the Securities and Exchange Commission. Except as otherwise required by law, ClickSoftware 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. Contacts: Shmuel Arvatz Chief Financial Officer +972-3-765-9400 Noa Schuman Investor Relations +972-3-7659-467 DATASOURCE: ClickSoftware Technologies Ltd CONTACT: Contacts: Shmuel Arvatz, Chief Financial Officer, +972-3-765-9400, . Noa Schuman, Investor Relations, +972-3-7659-467, .

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