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INTALIO CLOSES ROUND OF FUNDING LED BY CARGILL VENTURES


SAN MATEO, CA - July 1, 2004 - Intalio, The BPMS Company, today announced the final closing of its recently announced $11 million Series C round of financing.

The round was led by new investor, Cargill Ventures, a wholly-owned venture investment group of Cargill, the global provider of agricultural, food and financial products and services with operations in 61 countries and revenues of approximately $60 billion. In addition, Deepak Malik, managing director at Cargill Ventures, will join the Intalio Board of Directors.

Intalio's existing investors, including SAP Ventures, Sippl MacDonald Ventures, 3i, XML Fund, and Woodside Fund also participated in the Series C round. Intalio will target the funds on its next phase of growth, aggressively applying the power of its standards-based, enterprise-grade BPMS to extending the processes offered by large enterprise applications.

About Intalio, Inc.
Intalio is the leading vendor of Open Source BPMS and helps organizations of all sizes get the most return on investment from their Service-Oriented Architecture (SOA) by developing and deploying new business processes without having to write code. Founded in July 1999, Intalio is a privately-held, venture-backed company located in Redwood City, California. For more information on Intalio, please call 650-596-1800 or visit www.intalio.com.

Press Contact:
Heather Johnson
Intalio, Inc.
650-596-1800
pr@intalio.com


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