ITERATION AND SAGENT TEAM TO ENABLE REAL-TIME DELIVERY OF BUSINESS INTELLIGENCE

MOUNTAIN VIEW, Calif.-May 21, 2002-Sagent (Nasdaq: SGNT), a leading provider of enterprise business intelligence solutions, today announced an OEM relationship with Iteration Software, a new company focused on real-time reporting and delivery. Under terms of the agreement, Sagent's patented Data Flow Server and select Sagent Analytic Components will be built into Iteration's enterprise-class reporting and delivery platform, to facilitate real-time information delivery, within and beyond the firewall.

"Iteration is building an entirely new platform for real-time reporting and delivery solutions for the enterprise," said Ken Gardner, president, CEO and founder, Iteration Software. "Critical to achieving this is the ability to source data from anywhere in the enterprise and to handle a great deal of analytic complexity. Sagent's Data Flow Server didn't just make sense, it was the obvious choice."

Iteration offers a new breed of innovative software that takes full advantage of the latest in business intelligence and wireless delivery technology. Leveraging significant recent advancements in the realms of wireless connectivity, web services, pen-based computing and decentralized collaboration, the company aims to get the right data to the right person on their device of choice in the most rapid and natural manner possible. Iteration recently closed a $4 million series A round of funding, and expects to ship its first products in Q1 of 2003.

"Sagent has put years into developing a comprehensive business intelligence platform that enables companies to gather, organize and deliver the disparate data driving their businesses," added Larry Scroggins, Senior Vice President of Business Development at Sagent. "That's why we're excited to partner with Iteration - a company that shares our vision, and intends to satisfy the complementary and developing demand for access to business intelligence at any time, via any device."

Sagent provides business users with a complete business intelligence platform and lifecycle methodology that simplifies the steps to business insight, minimizes project costs and risks, and creates new opportunities for rapid business analysis. Sagent's solutions are designed to organize disparate data and support thousands of users as they pursue reduced costs, increased profitability, improved customer retention, and competitive advantage.

About Iteration
Iteration is a privately-held software company focused on developing next generation reporting and information delivery products for the enterprise. Combining the latest in business intelligence and wireless delivery technology, the Company seeks to fuel the growth of the wireless Internet and enable mobile access to corporate systems and information for enhanced reporting anytime, anywhere. Iteration is headquartered in Mountain View, California. To learn more about Iteration, please visit www.iterationsoftware.com.

About Sagent
Sagent provides a complete software platform for business intelligence, enabling companies to reduce operational costs, increase profitability, and improve customer relationships. Sagent employs a unique business intelligence life-cycle process that facilitates the rapid development of custom analytic solutions and helps bridge the gap between business users and IT. Through its technology, services, and business expertise, Sagent simplifies business intelligence for more than 1,500 customers worldwide. Sagent customers include: AT&T, Boeing Employees Credit Union, BP Amoco, Carrefour, Citibank, GPU Energy, Guinness UDV, Heineken, Kawasaki, Kemper National Insurance, La Poste, Novartis, NTT-DoCoMo, Sara Lee, Siemens, and Singapore Telecom.

Sagent technology is also embedded in multiple partner solutions that address the needs of specific vertical and functional application areas; key ISV partners include Advent Software, Hyperion, and HAHT Commerce. Sagent technology has been adopted by leading regional and global systems integrators, such as Cap Gemini Ernst & Young, Satyam, and Unisys, to address customer needs within their business intelligence practices. In addition, Sagent has built alliances with numerous technology vendors to cooperatively market solutions; alliance partners include Microsoft, Business Objects, and Sun Microsystems. Sagent is headquartered in Mountain View, California. For more information about Sagent, visit www.sagent.com.

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