HERNDON, VA – Deltek Inc. (NASDAQ: PROJ), a provider of enterprise applications software for project-focused businesses, has raised $60 million through a common stock rights offering fully subscribed by its stockholders.

As a result of the rights offering, the Company will issue 20,000,000 new shares of common stock at a price of $3.00 per share.

The company’s largest stockholders, affiliates of New Mountain Capital, fully participated in the rights offering.

Kevin Parker, president and CEO of Deltek, said, “The proceeds from the rights offering, together with our existing cash balance, give us approximately $100 million in cash and provide us with significant additional financial and operating flexibility.”

Online: www.deltek.com

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