Rally Software Awarded Affiliate Company of the Year by Entrepreneurs Foundation

EF Recognizes Leading Agile Provider for Outstanding Philanthropic and Community Efforts.

Boulder, CO, November 26, 2008 --(PR.com)-- Rally Software Development Corp.®, the Agile lifecycle management leader, was awarded the 2008 Affiliate Company of the Year by Entrepreneurs Foundation (EF). Rally was selected for this prestigious award for its commitment to philanthropic and community involvement programs, including the company’s involvement in founding the Entrepreneurs Foundation in Colorado.

“Giving back to our local community is very important to our ‘home grown’ Colorado team,” said Ryan Martens, Rally’s founder and CTO. “One of Rally’s core values is that employees stand up and contribute to the local community in whatever manner they choose. I’m very proud that Entrepreneurs Foundation has recognized our efforts to build a socially responsible company here in Boulder.”

The Affiliate Company of the Year Award is given to the company that through its activities and partnerships during the previous calendar year, clearly demonstrates its commitment to philanthropic and community involvement programs as part of their core business values. Rally’s achievements include:

· Rally set aside 1% of its equity when it was founded in a grant to the Community Foundation in Boulder, Colorado. The Community Foundation makes grants to non-profit groups working in the arts, civic engagement, education, the environment, and health and human services.
· Founder Ryan Martens was intricately involved in founding the Entrepreneurs Foundation in Colorado, which currently has 20 member companies.
· Rally employees contribute 1% of their time to volunteer to the organization of their choice. Rally employees volunteered more than 1000 hours in 2008 to organizations such as the Boulder Homeless Shelter and the Humane Society of Boulder Valley.

"Entrepreneurs Foundation is excited to be at the forefront of increasing corporate philanthropy and community involvement among emerging companies,” said Diane Solinger, executive director of Entrepreneurs Foundation. “Rally is well on their way to being one of the leading corporate philanthropists in the Colorado region"

Entrepreneurs Foundation's community involvement awards are given annually to firms, individuals and companies within the network that best represent the mission of the Entrepreneurs Foundation: to engage high growth companies in corporate citizenship and philanthropic efforts so that new and leveraged resources are generated for community benefit.

About Rally
Rally is the Agile lifecycle management leader dedicated to making development organizations leaner and more responsive to customer needs. According to a study by QSM Associates, teams that rely on Rally's Agile lifecycle management products and services are 50% faster to market and 25% more productive with one fourth the defects of plan-based and waterfall projects. Rally’s products were honored with three consecutive Jolt Product Excellence Awards (the industry’s Oscars) in 2006, 2007 and 2008. The company’s end-to-end solutions for Agile development also include Agile University, the largest source for Agile training, and Agile Commons, the largest collaborative Web 2.0 community dedicated to advancing software agility. As of September 30, 2008, Rally supports 900 corporate customers, 26,000 projects and 44,000 users across 50 countries. Visit Rally Software for more information.

About Entrepreneurs Foundation
Entrepreneurs Foundation is a non-profit organization dedicated to engaging high growth companies in corporate citizenship and philanthropic efforts so that new and leveraged resources are generated for community benefit. Since inception, Entrepreneurs Foundation’s 700 participating companies have created corporate philanthropic foundations and community programs that are making a positive impact in the social sector. To date, EF and its participating companies have engaged 25,000 employees who have contributed more than $15.5 million to support 350+ non profit and social benefit organizations, worldwide.

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