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Chordiant Celebrates 10 Year Anniversary Record Revenues and Profits Mark Company’s 10 Year Milestone CUPERTINO, CALIF. - May 10, 2007—Chordiant Software, Inc. (Nasdaq: CHRD), the leading provider of Customer Experience (Cx™) software and services, today announced the celebration of its 10 year anniversary as a provider of enterprise software solutions. Chordiant’s continued success through the industry downturns of the late 1990’s and early 2000’s can be attributed to innovative technology, an ability to successfully deploy large-scale high value solutions, and a strong customer focus. Perhaps more than anything, Chordiant’s customer focus has enabled the company to evolve into the Cx industry leader, achieving record revenues and profitability its quarter ending March 31, 2007. Targeting top-tier global brands in the financial services, insurance, and telecommunications verticals with its Cx solutions, Chordiant’s durable success is underscored by its recent quarter results of completing four customer transactions worth over $1 million each; achieving record deferred revenues, backlog, and GAAP EPS, in addition to record revenues for its second quarter; receiving two patents, one for user interface design and the other for predictive decisioning technology; and continuing its technology leadership with a number of new product releases, as well as cutting edge enhancements to its 6th generation Cx Enterprise Foundation. "Over the past 10 years, Chordiant has gone through a number of changes and challenges, but we have grown and prospered largely because of our focus on our customers," said Steven R. Springsteel, chairman, president, and CEO, Chordiant Software. "At both the individual and marketplace level, Chordiant has always worked to make sure we provide consistent delivery of the leading-edge solutions our customers need to be successful in their markets. Because of this mindset, we saw that ‘customer experience’ would become a key differentiator for the global brands we serve. And now, as a leader in our chosen markets, we’re delighted to be at the forefront of this trend. In addition to our Cx focus and strong customer relationships, we owe a lot of our success to dedicated employees and significant industry partnerships." About Chordiant Software, Inc.Chordiant helps leading global brands such as HSBC, Barclay’s, CIBC and Capital One deliver the best possible customer experience. Unlike traditional business applications, Chordiant Customer Experience (Cx) solutions blend insight with predictive desktop decisioning to uniquely understand the customer’s behavior. This deeper understanding cultivates a lasting, one-to-one relationship that aligns the most appropriate value proposition to each consumer. With Chordiant Cx solutions, customer loyalty, operational productivity and profitability reach new levels of return. For more information, visit Chordiant at www.chordiant.com. Safe Harbor Statement This news release includes "forward-looking statements" that are subject to risks, uncertainties and other factors that could cause actual results or outcomes to differ materially from those contemplated by the forward-looking statements. Forward-looking statements in this release are generally identified by words, such as "believes," "anticipates," "plans," "expects," "will," "would," "guidance," "projects" and similar expressions which are intended to identify forward-looking statements. There are a number of important factors that could cause the results of Chordiant to differ materially from those indicated by these forward-looking statements. Other risks relating to Chordiant's products are detailed under "Risk Factors" in Chordiant's Annual Report on Form 10-K for the fiscal year ended September 30, 2006, and Chordiant’s Quarterly Report on Form 10-Q for the fiscal quarter ended March 31, 2007, each as filed with the Securities and Exchange Commission. These filings are available on a Web site maintained by the Securities and Exchange Commission at http://www.sec.gov. Chordiant does not undertake an obligation to update forward-looking or other statements in this release. Chordiant and the Chordiant logo are trademarks of Chordiant Software, Inc. The Customer Experience Company and Cx are trademarks of Chordiant Software, Inc. All other trademarks and registered trademarks are the properties of their respective owners. Chordiant Media Relations Contacts: Mo Mahmoud Eastwick Communications +1 (650) 480-4058 Chordiant@eastwick.com Chordiant Investor Relations Contact: Karen Haus Market Street Partners +1 (415) 445-3238 chrd@marketstreetpartners.com
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