Blueprint Secures Additional Funding to Expand Presence in U.S. Market

MMV Financial Invests $2.75M to Complete Blueprint's 2007 Strategic Financing Process

November 5, 2007, Toronto: Blueprint™, the global leader in Requirements Lifecycle Acceleration™ (RLA™), today announced that it has raised an additional $2.75 million in financing — bringing Blueprint's cumulative 2007 financing to $9 million.

Blueprint will use the proceeds from the financing to expand its sales and marketing efforts, to promote the flagship Blueprint Requirements Center™ product line in the U.S. marketplace.

"Blueprint has developed an outstanding product, brand, customer base, and management team. We are excited about the company's prospects to substantially grow their business over the next 12 months," said Greg Dimmer, Senior Vice President, MMV Financial. "This additional funding will provide Blueprint with key expansion opportunities in the U.S., and we expect this to generate key new revenue streams and substantially increase Blueprint's shareholder value."

"Requirements Definition is the fundamental link between IT and the business," said David W. Nyland, Blueprint’s President & CEO. "Our solution and return on investment value proposition has resonated well with our existing base of U.S. reference customers. Now is the time to step-up our local presence and market development activities in key geographical areas of the U.S. With year-over-year revenue growth in excess of 100%, Blueprint leads one of the fastest growing categories in Enterprise software."

About Blueprint
Blueprint ignited the Requirements Definition revolution in 2004 with the introduction of its landmark Profesy™ solution for Visual Requirements Definition and Validation. Today, Blueprint offers an expanded solution to support the emerging industry category entitled Requirements Lifecycle Acceleration™ (RLA), Blueprint's approach enables modern IT organizations to substantially eliminate rework, cost and schedule overrun, ensure application quality, and control business risk. Blueprint is a global solution provider with presence in North America and Europe. For more information on Blueprint or Requirements Lifecycle Acceleration™, visit www.blueprintsys.com.

About MMV Financial
MMV Financial is a Toronto-based specialty finance company providing creative debt solutions directly to technology and life sciences companies across North America. MMV is backed by top U.S. and Canadian private equity firms and financial institutions including CCP Equity Partners, Caisse de dépôt et placement du Québec, NewStar Financial Inc., and Wells Fargo Company. For more information please visit www.mmvf.com.

Media Contact:
Blueprint Software Systems Inc.
Robert Nachbar
ZAG Communications
robert@zagcommunications.com
206.427.0389

MMV Financial Inc.
Greg Dimmer
Senior Vice President
gdimmer@mmvf.com
416.977.9718

The Requirements Lifecycle

Blueprint empowers organizations to clearly, accurately, and precisely define business requirements by empowering the business analyst with a complete workbench. With Blueprint Requirements Center 2009, organizations have the ability to automate the processes of requirements elicitation, elaboration, validation, and acceptance. Through Blueprint’s patented transformation algorithms, Business Analysts can deliver final and “ready to be consumed” requirements assets through deep integrations with leading ALM solutions, custom Microsoft Office documents, and intranet portals.

About Blueprint

Blueprint aligns business and IT teams by delivering the industry's leading requirements suite designed specifically for the business analyst. Blueprint solutions empower analyst teams to eliminate requirements misunderstanding by capturing, validating, and delivering precise business requirements to local or distributed IT application project teams. Blueprint's product line functions as a collaborative system for the requirements lifecycle, including requirements elicitation, elaboration, validation, and acceptance. Blueprint is a global provider, with presence in the United States, Canada, and in Europe.