Actuate Corporation (NASDAQ:ACTU), The people behind BIRT® and the leader in open source Business Intelligence (BI), today announced that The Nasdaq Stock Market has approved a change in the Company's ticker symbol. Effective November 3, 2010, Actuate Corporation will trade on the Nasdaq Global Markets under the ticker "BIRT".

"This change underscores the momentum Actuate has seen with BIRT,” said Pete Cittadini, President and Chief Executive Officer of Actuate. “Success across BIRT-based revenue, BIRT technology, BIRT’s impact on BI and the growth of the BIRT community signal the undeniable power base that we’ve created in the market as a result of our strategy. It is time to ensure that it is apparent to all that we are the people behind BIRT.”

Actuate – The people behind BIRT

Actuate founded and co-leads the Eclipse BIRT open source project. ActuateOne is a unified suite of products for rapidly developing and deploying BIRT-based custom Business Intelligence applications and information applications. Applications built with ActuateOne provide one user experience regardless of task or skill level; are supported by one server for any deployment including cloud and are built with one BIRT design that can access and integrate any data source - including high volume print streams. ActuateOne adds rich data visualizations, including interactivity, dashboards, analytics, and deployment options to web and mobile BIRT applications, helping organizations drive revenue through higher customer satisfaction and improved operational performance.

Actuate has over 4,600 customers globally in a diverse range of business areas including financial services and the public sector. Founded in 1993, Actuate is headquartered in San Mateo, California, with offices worldwide. Actuate is listed on NASDAQ under the symbol ACTU. For more information, visit the company’s web site at www.actuate.com or visit the BIRT community at www.birt-exchange.com.

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