|   Launched 
                    in 1992 as a result of a joint venture with SHL Systemhouse® 
                    - Systemcorp® is a privately held, for-profit corporation 
                    that designs, develops, markets and supports real-time web-centric 
                    Enterprise Project-portfolio Management (EPM) software solutions. 
                  Systemcorp's world class product development 
                    team has continuously advanced their solution. They have made 
                    substantial industry contributions by instating best practices 
                    right in the application logic helping clients all over the 
                    world automate project and portfolio management processes 
                    and prevent common causes of project failure.  
                     
                    Following a strategic alliance with the Project Management 
                    Institute, the release of PMOffice 2.5 in September 1996 helped 
                    define the project portfolio management sector by integrating 
                    document control management, change, issue, risk and workflow 
                    management with classic project activity tracking functions. 
                    Other vendors soon followed, integrating these and other features 
                    that today comprise the common definition of a PPM solution. 
                  Systemcorp® has consistently championed 
                    both excellence and leadership in the Enterprise Project and 
                    Portfolio Management software industry through the continued 
                    extension and ongoing design improvements of their flagship 
                    product - PMOffice™. This vision, dedication and thought-leadership 
                    continues to assist organizations in their maintaining of 
                    a strong symmetry between the specialized requirements of 
                    a Project and Portfolio Management Information system, and 
                    the benefits of evolving technologies.  
                  The latest release, PMOffice™ Enterprise, 
                    is the result of 3 years of research and development by some 
                    of the best software development analysts and programming 
                    minds in the industry. This joint development effort between 
                    Systemcorp® and IBM® has led to a revolutionary 'state-of-the-art' 
                    solution that sets new performance standards in Enterprise 
                    Project and Portfolio Management. As a result, Systemcorp® 
                    is poised to lead the rapidly changing EPM market place, providing 
                    their clients with a significant competitive advantage.  
                  Systemcorp® and IBM® Global Services, along 
                    with a network of affiliated business partners, continue to 
                    provide sales and support services to medium and large corporation 
                    - on a global basis. 
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