Sopheon named in Annual Reader's Choice List

SOPHEON PLC

("Sopheon" or the "Company")

Sopheon named "Best in Category" in

Annual Reader's Choice List

For the eighth consecutive year, Sopheon's Accolade software is voted among the top new product development solutions, receiving highest score for the first time

Sopheon, the international provider of software, expertise, and best practices for Enterprise Innovation Performance, has been named in the Consumer Goods Technology Top Providers list for the eighth year in a row. The magazine's readers also recognized Sopheon and its Accolade® Enterprise Innovation Management software with the highest total score in its category.

"Consumer goods organizations understand how critical innovation is in the digital economy to realizing sustainable growth, profitability and competitive differentiation. Yet, many industry leaders are operating with outdated and disconnected twentieth century tools while attempting to compete in the twenty-first century digital era," said Andy Michuda, chief executive officer at Sopheon. "We're grateful to be recognized as one of the leading companies supporting the entire innovation management and new product development lifecycle for consumer goods firms."

Sopheon's Accolade digitalizes enterprise innovation strategy and execution. It captures critical enterprise-wide data for better visibility, connecting all business groups and providing a single source of truth through shared decision-making models and criteria.

"Technology has become a critical driver of business success, and the popularity of our annual Readers' Choice rankings reflects that importance," said Peter Breen, editor-in-chief of Consumer Goods Technology. "The solution providers recognized in our listings are delivering such invaluable support that clients are willing to take the time required to endorse them. That speaks volumes about the level of service they offer."

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About Sopheon. Sopheon (LSE: SPE) partners with customers to provide complete Enterprise Innovation Management solutions including software, expertise, and best practices, that enable them to achieve exceptional long-term revenue growth and profitability. Sopheon's Accolade solution provides unique, fully-integrated coverage for the entire innovation management and new product development lifecycle, including strategic innovation planning, roadmapping, idea and concept development, process and project management, portfolio management and resource planning. Sopheon's solutions have been implemented by over 200 customers with over 60,000 users in over 50 countries. Sopheon is listed on AIM, operated by the London Stock Exchange. For more information, please visit www.sopheon.com.