(03/29/2005)

Rivet's Dragon Tag™ XBRL Enabler Application Helps Extend Software AG's Digital Reporting Platform

DARMSTADT, Germany and DENVER, Colo., USA, March 29, 2005 - Software AG and Rivet Software today announced a partnership to offer the first complete Extensible Business Reporting Language (XBRL) solution for implementing a business reporting supply chain. Software AG's Digital Reporting Platform (DRP) and Rivet's Dragon Tag enables financial professionals to create XBRL Financial Statements on their own, eliminating back office overhead. This lets organizations more quickly respond to and adopt XBRL financial reporting in response to increasing regulatory requirements such as Sarbanes-Oxley and Basel II compliancy.

XBRL is rapidly becoming the de facto standard for defining, exchanging and storing financial business information by regulators, stock exchanges, statistical offices, banks, and corporations across the world. Many regulators will be introducing mandatory filing of financial statements in XBRL including the Belgium tax authorities in 2006 and the UK and Dutch tax authorities by 2007. Other regulators such as the SEC in the US will begin accepting voluntary filing of XBRL documents in April 2005.

Reported information in XBRL format can be easily exchanged, extracted and compared without human intervention. This provides for faster, more efficient financial reporting chains with increased transparency and data accuracy and decreased costs related to data re-keying. XBRL information is automatically understandable by computers, facilitating automated analysis.
 
This partnership allows users of Software AG's DRP to easily create XBRL documents based on information that exists within Microsoft Word® and Microsoft Excel® via Rivet's Dragon Tag.  Users can markup, review, validate and export XBRL documents, easily, accurately and correctly.

"Software AG's Digital Reporting Platform is a framework solution that hides the complexities of XBRL. Our partnership with Rivet Software allows Rivet's Dragon Tag application to provide accounting and finance professionals an easy way to turn existing Microsoft Office-based financial information into XBRL," stated Christian Barrios Marchant, member of the Executive Board of Software AG, Senior vice-president of region South Europe and Latin America.

"Rivet's new partnership with Software AG enables organizations to more quickly and cost effectively adopt and comply with emerging XBRL global reporting standards," says Mike Rohan, president of Rivet Software. 

Both Software AG and Rivet Software are active members of XBRL International, an international non-profit consortium of more than 250 companies, organizations and government agencies responsible for developing and maintaining XBRL, and promoting its global adoption. Software AG and Rivet Software will be participating at the 11th XBRL International Conference, April 26-29 in Boston, Mass.  Interested parties are invited to attend and learn more about XBRL from Software AG and Rivet Software representatives. For more information on the conference, and to register, please go to www.XBRL.org.

About Software AG
Software AG provides a real-time single view of strategic business information by integrating applications and systems, in addition to modernizing mainframe and open system IT environments. Its offerings are based on the product families Adabas, Natural, EntireX and Tamino. Around 2,500 employees in 59 countries support the mission-critical systems of 3,000 customers around the world. The company maintains five R&D facilities across three continents. Founded in 1969, Software AG today is Europe's largest and most established systems software provider. It is headquartered in Darmstadt, Germany and is listed on the Frankfurt Stock Exchange (TecDAX, ISIN DE 0003304002 / SOW). In 2004 Software AG posted 411 million euros in total revenue. The Internet address is www.softwareag.com.

About Rivet Software
Rivet Software is an innovator in developing effective and easy-to-use Financial Integrity Management applications.  Based in Denver, Colorado, USA Rivet Software is focused on addressing new worldwide technology requirements for the business reporting and accounting community. All Rivet Software products adhere to the emerging XBRL global reporting standard and work with the de facto standard desktop software, Microsoft Excel and Word.  The company's management team includes industry veterans, founding members of the XBRL community and past advisors to the American Institute of Certified Public Accountants (AICPA).  For additional information, please visit www.rivetsoftware.com