PR91030

MCLEAN, Va., Aug. 6, 2021 /PRNewswire=KYODO JBN/--

-- Lana Labs acquisition positions Appian to take customers from knowing to

doing with the world's most complete Low-Code Automation Suite

Appian (https://c212.net/c/link/?t=0&l=en&o=3249233-1&h=817729025&u=https%3A%2F%2Fappian.com%2F%3Futm_source%3Dreferral%26utm_medium%3Dpress-release%26utm_campaign%3Dprocess-mining%26utm_content%3Dlana-announcement&a=Appian) (NASDAQ: APPN) today announced the acquisition of Lana Labs, developer of the LANA Process Mining Platform. Lana is recognized for its expertise in complex

enterprise processes, powerful AI- and machine learning-driven process

analysis, easy data integration, and ease-of-use. Lana customers spend less

time consolidating data and more time discovering process inefficiencies.

With the addition of native process mining, Appian can now deliver the world's

most complete Low-Code Automation Suite (https://c212.net/c/link/?t=0&l=en&o=3249233-1&h=1893864466&u=https%3A%2F%2Fappian.com%2Fplatform%2Foverview.html%2F%3Futm_source%3Dreferral%26utm_medium%3Dpress-release%26utm_campaign%3Dprocess-mining%26utm_content%3Dlana-announcement&a=Low-Code+Automation+Suite).

The LANA platform has a leading proprietary machine learning algorithm that

automates analysis of the most complex business workflows, making companies

smarter and more efficient. Appian is a leader in low-code process modeling and

automation. The insights gained from process analysis can be used to deploy

mission-critical applications with the Appian platform. The result can be

actionable and continuous process optimization with people, systems, and data

unified in the same workflow.

"Digital transformation and the ability to adapt quickly are critical in

today's business environment," said Markus Rolle, CFO of Telefonica Germany.

"Today we work with Lana to identify inefficient processes and separately with

Appian to automate our workflows. We're really excited to see them come

together to take us from insight to action even faster."

Appian chose Lana Labs because of the shared virtues between the organizations

and products. The LANA platform is recognized as a major contender in the

process mining industry by Everest Group. Lana's AI-supported analysis of

complex business and production processes aligns with the focus Appian brings

to simplifying organizations' most important workflows. Like the Appian

low-code architecture, the LANA platform's product architecture is modern,

container-based, and portable between AWS Cloud and customer managed

environments. Both companies are committed to:

   -- Expertise in complex processes. Combining Lana process mining with Appian

      will enable rapid automation of analysis insights for an organization's

      most complex business workflows.

   -- Flexibility and scalability. Future-proof architectures based on the

      latest technology, the most advanced algorithms, and the high

      extensibility.

   -- Ease-of-use for non-technical users. Extreme ease-of-use and pre-built

      data transformation puts powerful automation in the hands of business

      users.

   -- Happy customers. Lana Labs shares the same commitment as Appian to

      delivering customer value. Appian is Global Enterprise Customer's Choice

      for Enterprise Low-Code Application Platforms (https://c212.net/c/link/?t=0&l=en&o=3249233-1&h=985177148&u=https%3A%2F%2Fappian.com%2Fresources%2Fnewsroom%2Fpress-releases%2F2021%2Fappian-named-a-2021-gartner-peer-insights-customers--choice-for-.html%2F%3Futm_source%3Dreferral%26utm_medium%3Dpress-release%26utm_campaign%3Dprocess-mining%26utm_content%3Dlana-announcement&a=Global+Enterprise+Customer%27s+Choice+for+Enterprise+Low-Code+Application+Platforms), and the LANA platform is loved by customers around the world.

"Lana emerged rapidly as a process mining leader based on our dual-commitment

to industry innovation and delivering customer value," said Dan Wucherpfennig,

CEO of Lana Labs. "This is how Appian built its industry leadership and we are

excited for our future together."

Appian CEO Matt Calkins said, "There is natural synergy between process mining,

process modeling, and automation. We believe that our acquisition of Lana Labs

means that only Appian will be able to take customers from knowing to doing, in

a unified suite."

For more insight regarding today's announcement see our blog (https://c212.net/c/link/?t=0&l=en&o=3249233-1&h=340893549&u=https%3A%2F%2Fappian.com%2Fblog%2F2021%2Fappian-acquires-leading-process-mining-company.html%2F%3Futm_source%3Dreferral%26utm_medium%3Dpress-release%26utm_campaign%3Dprocess-mining%26utm_content%3Dlana-announcement&a=our+blog).

To experience the Appian Low-Code Automation Suite for yourself, get your free

Appian Community Edition environment (https://c212.net/c/link/?t=0&l=en&o=3249233-1&h=855364173&u=https%3A%2F%2Fcommunity.appian.com%2Fp%2Fmy-learning-journey%2F%3Futm_source%3Dreferral%26utm_medium%3Dpress-release%26utm_campaign%3Dprocess-mining%26utm_content%3Dlana-announcement&a=your+free+Appian+Community+Edition+environment).

Forward-Looking Statements

This press release includes forward-looking statements related to Appian, Lana

Labs, and the acquisition of Lana Labs and its LANA Process Mining Platform by

Appian that involves substantial risks, uncertainties and assumptions that

could cause actual results to differ materially from those expressed or implied

by such statements. All statements contained in this press release other than

statements of historical facts, including statements regarding the potential

benefits of the acquisition, the integration of Appian and Lana Labs, Appian's

plans, objectives, expectations and intentions, and the business of Appian, are

forward-looking statements. The words "anticipate," "believe," "continue,"

"estimate," "expect," "intend," "may," "will" and similar expressions are

intended to identify forward-looking statements. Appian has based these

forward-looking statements largely on its current expectations and projections

about future events and financial trends that Appian believes may affect its

financial condition, results of operations, business strategy, short-term and

long-term business operations and objectives and financial needs. Those

forward-looking statements are subject to a number of risks and uncertainties,

including, without limitation, the risks and uncertainties set forth in the

"Risk Factors" section of Appian's Annual Report on Form 10-K for the year

ended December 31, 2020, filed with the Securities and Exchange Commission on

February 18, 2021, and subsequent reports that Appian files with the Securities

and Exchange Commission. Moreover, Appian operates in a very competitive and

rapidly changing environment. New risks emerge from time to time. It is not

possible for Appian's management to predict all risks, nor can Appian assess

the impact of all factors on its business or the extent to which any factor, or

combination of factors, may cause actual results to differ materially from

those contained in any forward-looking statements Appian may make. In light of

these risks, uncertainties and assumptions, Appian cannot guarantee the

successful integration of Lana Labs with Appian, future results, levels of

activity, performance, achievements or events and circumstances reflected in

the forward-looking statements will occur. Appian is under no duty to update

any of these forward-looking statements after the date of this press release to

conform these statements to actual results or revised expectations, except as

required by law.

About Appian

Appian helps organizations build apps and workflows rapidly, with a low-code

automation platform. Combining people, technologies, and data in a single

workflow, Appian can help companies maximize their resources and improve

business results. Many of the world's largest organizations use Appian

applications to improve customer experience, achieve operational excellence,

and simplify global risk management and compliance. To learn more, visit

www.appian.com.

SOURCE: Appian