Actuate Corporation (Actuate) provides software and services to develop and deploy custom Business Intelligence and information applications. The applications built on Actuate’s open source-based platform provide stakeholders inside and outside the firewall, including employees, customers, partners and citizens, with content that they can easily understand, access and manipulate. On February 1, 2010, the Company acquired Xenos Group Inc. (Xenos). During the year ended December 31, 2010, Actuate deployed Business Intelligence Reporting Tools (BIRT) onDemand, Actuate’s Platform as a Service Solution (PaaS) for Business Intelligence (BI), analytics and reporting. BIRT onDemand supports all current versions of BIRT and comes with an intuitive user interface that delivers key features of ActuateOne, including end user configurable dashboards, in-memory analytics, ad-hoc and interactive reports.