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Jeff Itscovitch joins Systemcorp's PMOffice™ sales division

Experienced Business Systems Analyst and Implementation Specialist appointed Enterprise Applications Consultant at Systemcorp®

Montreal, Canada, January 15, 2002 - Systemcorp®, a leading developer and provider of real-time web-centric solutions for Enterprise Project-portfolio Management (EPM) Solutions today named Mr. Jeff Itscovitch to the position of Enterprise Applications Consultant. Mr. Itscovitch brings a wealth of experience and expertise as a former business systems analyst and implementation manager. Itscovitch will be responsible for implementing PMOffice™ in global organizations seeking to projectize their core business areas, and strategically align people, projects and priorities.

"With a strong background in business requirements identification and analysis and in the design and implementation of client requested software modifications, we are confident that Jeff will quickly become a valuable asset to Systemcorp®, and by extension to its clients" said Mr. Jaime Benchimol, Systemcorp's President and CTO. "Jeff has negotiated, managed and maintained numerous multi-million dollar operating contracts and accounts, has organized nationwide training sessions, and has serviced and supported numerous clients. Jeff's training, management, development and services and support experience will serve to help the company meet the growing demand for its Internet-based enterprise solutions throughout North America," added Benchimol.

"I am excited to be working with Systemcorp's Sales Professionals; a dynamic and expanding team of professionals committed to ensuring that every client is a satisfied client," said Itscovitch. "With Systemcorp's growing customer base, innovative technology and leading edge vision, I look forward to the opportunity to apply my knowledge of IT environments and contribute my skills and expertise in system implementation. Like my distinguished colleagues, I am committed to helping Systemcorp® customers reach their business goals efficiently, effectively and painlessly," added Itscovitch.

About Jeff Itscovitch
Prior to joining Systemcorp®, Mr. Jeff Itscovitch held the position of Business Systems Analyst at Essentus International Inc. (formerly known as Richter Systems International Inc.). In this capacity, Mr. Itscovitch identified client business requirements, submitted quotes for custom modifications, designed and implemented client requested modifications for a $400 million/year retailer as well as for a branch of the US Military. In this role, he also wrote functional/technical specifications for retail management products, implemented worldwide internal defect tracking solutions, trained over 200 internal staff members and managed groups of developers in the development of product modifications. During his career at Essentus International Inc., Mr. Itscovitch also investigated and created test plans and resolved defects for Retail and Sourcing & Demand management products, and developed procedures for the company's Customer Support Department.

At Hartco Enterprises Inc. Mr. Itscovitch negotiated multi-million dollar operating contracts, managed and maintained $15 million in accounts annually and organized nationwide training sessions. As the company's Vendor Manager, he also developed new pricing strategies and serviced and supported numerous franchisees. At Richter, Usher & Vineberg, Itscovitch tested and analyzed client accounting systems and documented flow of information in client systems.

About Systemcorp®
Systemcorp®, a privately held corporation, is a recognized leading developer and provider of real-time web-centric solutions for Enterprise Project-portfolio Management (EPM). Whether it's New Product Development, Software Development, managing IT or the Project Office, PMOffice™ is the preferred software application to qualify and organize all projects into portfolios and align people, projects, and priorities across all programs.

About PMOffice
Systemcorp's PMOffice™ is the Enterprise Project-portfolio Management solution to automate all your projects, people and methodologies across the entire Organization. Companies can organize all projects into portfolios, and instantly track all project deliverables, budgets, tasks, changes, risks and issues from one central location. The capacity and resource-planning module optimizes skill usage and ensures that all critical resources are productively aligned with high priority projects. By integrating all project areas in one software solution, PMOffice™ enables your globally dispersed teams to communicate, collaborate, report on and track project time, costs, progress and team performance over a secure web connection.

By leveraging PMOffice's powerful Portfolio Viewer, Project Executives and Managers can generate real-time multi-dimensional views, graphs and reports to optimize the performance of their investments. Using PMOffice™, organizations can finally think and run their departments like a successful business.

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