Digital Fuel Continues IT Financial Management Leadership, Logging 45% Increase in Committed Monthly Recurring Revenues in Q1

Long List of New Customers Accompanies Follow-On Increase; Companies Drawn To Solution for IT Cost and Value Planning, Charging, Optimization and Compliance

SAN MATEO, CA - (June 1, 2010) - Digital Fuel, the leader in SaaS IT Financial Management solutions, today announced record business results for the first quarter of 2010, fueled by surging demand for its flagship IT Financial Management SaaS solution.

"Business conditions are ripe for the kind of solutions Digital Fuel offers," stated Yisrael Dancziger, President and CEO of Digital Fuel. "The rapid rise in cloud computing and IT virtualization, combined with the continuing need for technology cost containment in organizations everywhere, has created incredible demand for our IT Financial Management solutions. We believe this situation will only grow stronger throughout the rest of 2010."

In Q1, Digital Fuel experienced a 45% increase in Committed Monthly Recurring Revenue (CMRR) for its Software-as-a-Service (SaaS) offering, and a renewal rate that stands at an all-time high of 97%. The company continued its string of quarterly growth records, which followed its largest-ever pipeline for new business at the end of 2009.

Digital Fuel's revenue growth has been strong across all industry verticals including financial services, insurance, health care, manufacturing, consumer products, entertainment, communications, high technology, energy and many others. The firm has amassed an impressive amount of business from both new and existing customers, including such leading global 2000 companies as Amasol, BASF, BT, Capgemini, Cisco, Communisis, First Horizon, Hospira, IBM, O2, Open Tech, PWC, Seapass Solutions, SITA, Telus, TPI, and Xerox.

"Our recent internal market studies with CIO-level executives corroborate what all the experts are saying-that despite the rebound in IT spending that's expected to occur this year, enterprise IT organizations will continue to look for ways to control costs and deliver more value to the business from IT spending," noted Dancziger. "Digital Fuel solutions are helping hundreds of companies manage the business of IT-and in many cases those companies are savings tens of millions of dollars each year while increasing value significantly."

Digital Fuel's IT Financial Management solution is built specifically to manage IT from a business and IT services perspective. The solution automates the key processes necessary to accurately control IT spending including IT demand management, IT Budgeting and planning, IT cost modeling and allocation, proactive IT cost control, IT cost optimization, as well as billing, show back and chargeback for IT services consumed by business units.

To learn more about how Digital Fuel IT Financial Managementcan help dramatically improve services and reduce service costs, view the online demos at www.digitalfuel.com or sign up for a free trial.

About Digital Fuel:

Digital Fuel Technologies, Inc., is the leading provider of SaaS IT Business Management solutions including IT Cost Management and Service Level Management (SLM) applications used by enterprises and cloud service providers. The company's SaaS applications manage billions in IT, telco and other business services at companies and governments around the world including BBC, BT, Capital One, Cisco, Computacenter, CSC, Cummins, Dell, Deutsche Bank, General Electric, Global Crossing, IBM, Nationwide, Nestle, Procter & Gamble, Siemens, SITA, Sprint, Steria, Telefonica, Telus, VW and Wipro. Digital Fuel is headquartered in San Mateo, California, USA, with offices across North America and Europe. Learn more at www.DigitalFuel.com.

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Tony Keller
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