HERNDON, VA – Deltek Inc. (NASDAQ: PROJ),which sells enterprise applications software for project-focused organizations, has acquired the MPM solution and all related assets from Planview Inc. for $16 million in cash.

MPM is an earned value management (EVM) software application used by government contractors and agencies to meet the complex compliance requirements for their programs issued by the US Federal Government.

On the Web: www.deltek.com

MPM is used by approximately one hundred organizations including 8 of the top 10 aerospace and defense contractors.

Through the acquisition of MPM, Deltek says it extends its position as the largest and most comprehensive provider of earned value management applications in the industry and will expand the earned value product options for Deltek customers.

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