Press release

Smartsheet Acquires 10,000ft to Enhance Resource Management Capabilities

Sponsored by Businesswire

Smartsheet (NYSE: SMAR), a leading cloud-based platform for work
execution, today announced that it has acquired 10,000ft,
a SaaS platform that enables organizations to improve decision making
and forecasting through real-time capacity planning, resource
management, and reporting.

“Effective resource management is a mission critical need for many
organizations today, yet most tools specializing in capacity planning
are overly complex and costly to manage,” said Mark Mader, CEO of
Smartsheet. “10,000ft offers a unique combination of enterprise-grade
functionality with simplicity and ease-of-use, aligning with our vision
to empower everyone to more effectively plan, track, automate, and
report on work.”

Founded in 2012, 10,000ft provides an intuitive, dynamic way for
organizations to plan and manage resources across a portfolio of
projects, track time by initiative, and build accurate forecasts using
real-time insights. 10,000ft has more than 1,000 customers, including
some of the world’s most innovative brands across consulting,
advertising and creative agencies, consumer products, and technology.

“10,000ft was designed to help organizations make more confident
operational decisions across their portfolio of work. Those could be
decisions about who is best suited to work on a specific initiative,
what pipeline projects need staffing or the forecast for hiring,” said
Anne Prins, Vice President of Growth at 10,000ft. “We’re excited to join
the Smartsheet team to empower more users in more industries to leverage
resource management to improve how they work.”

With the integration of 10,000ft, Smartsheet customers will benefit from
the ability to plan and allocate resources across their projects,
optimize resource allocation by function or skill set, track time
against forecast, and gain real-time portfolio level visibility into the
status of budgets and deliverables.

In addition, 10,000ft’s technology significantly strengthens
Smartsheet’s value proposition for customers in the marketing and
professional services segments and complements Smartsheet’s content
collaboration technology (digital asset proofing and mark-up) acquired
via the acquisition of Slope in January 2019.

Additional details regarding the financial impact of the acquisition
will be provided in conjunction with our first quarter of fiscal year
2020 earnings announcement.

About Smartsheet

Smartsheet is a leading cloud-based platform for work execution,
empowering organizations to plan, capture, track, automate, and report
on work at scale, resulting in more efficient processes and better
business outcomes. Smartsheet empowers collaboration, drives better
decision making, and accelerates innovation for over 78,000 customers in
190 countries. Smartsheet complements existing enterprise investments by
deeply integrating with applications from Microsoft, Google, Salesforce,
Atlassian, and many others. Smartsheet has been recognized by 451
for exceptional technology innovation and positioned as a
leader in the Forrester
evaluation of Collaborative Work Management Tools for the

Forward-Looking Statements

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based on our management’s beliefs and assumptions and on information
currently available to management. Forward-looking statements include,
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April 1, 2019. Any forward-looking statements contained in this press
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