Chordiant Software Announces Selected Preliminary Financial Results for the Second Quarter of Fiscal 2007 Ended March 31

Expects to Report Record Revenue and Profits Expects to Achieve Profitability One Quarter Ahead of Internal Plan Substantially Strengthens its Cash Position in Fiscal Q2

The Company said it expects to report record revenue ranging between $31 million to $33 million for the second quarter of fiscal 2007 ending on March 31. This compares to revenue of approximately $26 million reported for the same period of fiscal year 2006.

Chordiant also announced that it expects to achieve profitability under Generally Accepted Accounting Principals (GAAP) one quarter ahead of the Company's internal plan. Chordiant expects to report record GAAP earnings per share of between $0.11 and $0.16 in the second quarter of fiscal 2007 ended March 31st, based on an estimated 33.0 million fully diluted share count. This compares to a GAAP loss per share of $0.03 for the same period of fiscal year 2006, based on a primary share count of 30.9 million shares outstanding.

Chordiant also expects to increase its cash, cash equivalents and restricted cash position to approximately $71 million at March 31, 2007 from the $48 million balance reported at December 31, 2006.

"The record revenue and profits we expect to report this quarter are primarily due to the strong performance in our international business, the acceleration of percentage of completion project implementations in Europe, and greater enablement of our partners resulting in fewer Chordiant resources being required on some project implementations," said Steven R. Springsteel, chairman and chief executive officer. "I am also very pleased that our team was able to achieve profitability one quarter ahead of our internal Company plan," he stated.

All statements relating to Chordiant's second quarter of fiscal 2007 ended March 31 financial performance contained in this news release are preliminary and may change based on the completion of the quarterly closing and review procedures by the Company's management and Chordiant's independent registered public auditing firm.

Alternatively, you may prefer to access Chordiant's website at http://www.chordiant.com, where you will see the event listed on the homepage. Access is also possible from Chordiant's Investor Relations website.

The webcast will be archived on the Chordiant website; in addition, a telephone replay will be available on Monday, April 30, 2007, beginning at approximately 5:00 p.m. (Pacific) for seven days after the live call. The replay can be accessed by dialing 303-590-3000, access code 11087854#.