Niku Customers to Showcase Best Practices in IT Management and Governance at Southwest User Group; Ameriquest Data Services to Host and Keynote Niku User Group

For more information, contact info@niku.
The event, to be held on April 16, 2005, at Pitt Community
College, will include workshops on budgeting, banking and savings,
credit and investing and will include a "Real World Event" in which
students are challenged to develop a budget based on varied
educational and employment levels while ensuring everyday needs and
situational crises are met. Providing financial education to students today helps to build
strong communities tomorrow . SERFEC is principled on the Japanese maxim: "Tell me, and
I'll forget.

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The
meeting will provide a venue for customers to discuss best practices
for implementing and achieving results with Clarity , Niku's
market-leading IT-MG solution.
We can tell youth about money; and even show them how money works --
but until we involve them in the practical application of basic
personal finance, we will miss the opportunity for economic growth,
economic empowerment, and economic change in the lives of our youth,
their families, and their communities.

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"We look forward to these sessions each year to
exchange information and ideas, collaborate with other users, and
learn about product updates from Niku. All other trademarks,
trade names, and/or product names are used solely for the purpose of
identification and are the property of their respective owners.

The Citigroup Financial Education Program is a global,
company-wide effort to identify, support and implement initiatives
that help give individuals, families and communities the tools needed
to make sound financial decisions.

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Involve me, and I'll be
changed forever!"
Recently, Citigroup and the Citigroup Foundation announced a
10-year, $200 million global financial education commitment, the
formation of a new Office of Financial Education and a global
initiative designed to encourage its 300,000 employees around the
world to devote time to support financial education and other
charitable causes. CitiFinancial is part of
Citigroup (NYSE: C), the preeminent global financial services company.

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Business Editors/Banking Writers
Financial Literacy Youth Conference

GREENVILLE, N. Citigroup's recently announced
10-year, $200 million global financial education commitment is focused
in three areas: Personal Financial Education, Small Business Financial
Education, and Institutional Financial Education .com

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Niku customer Ameriquest Data Services,
Ameriquest's IT organization, is hosting and keynoting the session."
Discussion topics at the user group will include user experiences
with Clarity, methodologies for accomplishing Sarbanes-Oxley
compliance, and implementation tips. Niku executives will also discuss
the latest in customer care programs and product advancements.

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niku.com

Niku and the Niku logo are registered trademarks and Clarity, Open
Workbench and Project Workbench are trademarks of Niku Corporation in
the United States and certain other countries.----Don Laney ,
Managing Director, CitiFinancial, and Mike Wyatt, Region Manager,
CitiFinancial, announced today that CitiFinancial will sponsor and
participate in a Financial Literacy Youth Conference, hosted by the
Youth Committee and Youth Advisory Council of the Region Q Workforce
Development Board and facilitated by the Southeast Regional Financial
Education Center (SERFEC)."
"You are never too young to start your financial education," said
Mike Wyatt, Region Manager, CitiFinancial.

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"
"This user group will provide a meaningful forum for Niku's
customers to share their experiences with Clarity and discuss IT-MG
best practices," said David Savoca, Vice President of Customer Care at
Niku.

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CitiFinancial employee volunteers will
teach credit workshops."
"We thank CitiFinancial for their participation in this event and
for their commitment to financial education , said Angela Towns, CEO,
SERFEC.

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Additional
information about Citigroup's Financial Education Program, including
Foundation guidelines, links and resources, including the Citigroup
Financial Education Program Curriculum and Facilitator's Guide may be
found at: financialeducation.

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Business Editors/High-Tech Editors

REDWOOD CITY, Calif.

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About Niku

Niku Corporation (Nasdaq:NIKU ) is the leader in IT Management and
Governance (IT-MG) solutions and two-time winner of the Gartner PPM
Summit "Best Vendor" award." With headquarters in Silicon Valley,
Niku serves global customers from more than 20 offices worldwide.com or visit
http://www.C.
CitiFinancial provides community -based lending through more than
1,800 branches in the United States and distributes a wide variety of
consumer loan products and services including real estate, personal
loans and loans to finance consumer goods.

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"
The Southeast Regional Financial Education Center (SERFEC) is a
501(c)(3) nonprofit organization whose mission is to provide K-12 and
college freshmen statewide with a working knowledge of basic personal
finance.

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"Through this program,
CitiFinancial employees will make a big difference in Greenville,
spread the word about the importance of financial education and give
young people a head start on a bright financial future. "Teaching youth basic money management skills is a misnomer . Show me, and I'll remember.citigroup.

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----Niku
Corporation (Nasdaq:NIKU), the global leader in IT Management and
Governance (IT-MG) solutions, today announced its Southwest User
Group, to be held Wednesday, May 18, 2005 in Orange, California. "Niku is committed to 100% customer satisfaction, and we are
delighted to partner with our customers on events such as this that
contribute to successful implementations. More than 400,000 users at industry
leaders such as Avon, BT, Eastman Chemical, HSBC, Manpower, Royal
Caribbean Cruise Lines and Unilever depend on Niku software to
maximize their "Return on IT.

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"As a long-time Niku customer, we are very pleased to host and
present at the user group meeting," said Suzanne Toten, PMO Director
for Ameriquest.
"We are pleased to participate in this Financial Literacy Youth
Conference to inspire and educate young people with the knowledge they
need to take control of their financial futures," said Don Laney,
Managing Director of CitiFinancial . "At Citigroup, helping to make
life better in the communities we serve is the foundation of our
community commitment.

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We are dedicated to providing quality financial
education programs to help people learn how to build their financial
lives.

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CitiFinancial to Sponsor and Participate in Financial Literacy Youth Conference; Employees Volunteer to Teach Youth ''How to Use Credit Wisely''

Under the new initiative, employees may take a day
off from work to volunteer for non-profit organizations in their
communities.