Mantis is an issue tracker that is implemented in PHP. The main features include:
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Easy to Install (both internally and in hosted environments).
Easy to evaluate
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InstantMantis - Be up and running in 2 minutes (not recommended for production use)
Mantis2Go - Try MantisBT on Windows (not for production use)
Simple User Experience
Web Based
Supports any platform that runs PHP (Windows, Linux, Mac, Solaris, AS400/i5, etc)
Available in 68 localizations.
Customizable Issue Pages
Multiple Projects per instance
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Users can have a different access level per project
Changelog Support
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My View Page
Search and Filter
Built-in Reporting (reports / graphs)
Custom Fields
Email notifications
Users can monitor specific issues
Attachments (can be saved on webserver or in database - can also backup to an
FTP account)
Issue Change History
RSS Feeds (news, issues matching saved filters, issues matching a specific project)
Customizable issue workflow
Sponsorships Support - users are able to place bounties or sponsorships for specific issues, also developers can track such sponsorships / payments.
Anonymous Access
Signup with Captcha and Email Confirmation.
Self-Service Reset Password Support
Export to csv, Microsoft Excel, Microsoft Word
Ability to extended functionality through hook (custom) functions.
Ability to extended functionality through plugins.
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Reporting Issues via a custom form on your website (
Anonymantis).
Source Control Integration (GIT, SVN and HG).
No limit on the number of users, issues, or projects.
Wiki Integration (optional)
Time Tracking
Ability to send messages to messages to other users in regards to a specific issue.
Public / Private Projects - Public project accessible to all users, private are only accessible to those explicitly added.
Public / Private Notes - Private notes are accessible to users with a specific access level to the relevant project.
Public / Private Issues - Private issues are accessible to users with a specific access level to the relevant project.
Issue Relationships
Issue Relationship Graphs (uses “dot” library).
Attachment Auto-Preview
Public / Private News (news can be associated with a specific project, or with all projects).
Sticky Issues (always appear on the top of the issues list).
Group Actions: actions can be applied on multiple issues.
Easy hyperlinks to issues and issue notes (e.g. #123 hyper links to issue number 123).
Ability to view recently visited issues (the last 5 visited issues are visible by default at the top right corner).
Authentication
Default Mantis Authentication (recommended)
LDAP Integration
HTTP Basic Authentication Support
Active Directory Integration (patches available)
Chat Integration (optional)
Multi-DBMS Support - Mantis uses ADODB as an abstraction library to support multiple DBMSes.
MySQL
MS SQL
PostgreSQL
Oracle (experimental)
DB2 (in progress)
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There are community projects that integrate it with content management and project management too

Twitter Integration allowing users to monitor updates (Added in release 1.1.0a4)