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Systemcorp® Reports Over 400,000 PMOffice™ Seats Licensed To Date

Montreal, Canada, April 02, 2003 - Systemcorp®, the leading developer and provider of real-time web-centric solutions for Enterprise Project-portfolio Management (EPM) today announced that the company licensed over 400,000 PMOffice™ seats to date.

Ranked by leading analysts as one of the top 3 IT solutions vendors in the industry*, Systemcorp® maintains its stature as a respected IT Portfolio Management player providing "sophisticated applications for complex projects that span 100s - 1000s of users and require complex coordination of resources across multiple projects"**.

Systemcorp® brings to its customers virtually a decade of experience in developing solutions designed for internal organizations moving towards a project and portfolio based business. As the only IT applications provider that offers a completely integrated Enterprise Resource and Project-portfolio Management application, Systemcorp® provides organizations across all industries with the ability to maintain business alignment, achieve process efficiency and sustain resource effectiveness. According to Ari Kugler, Systemcorp's CEO, "our competitors were born out of the dot.com era, offering opportunity management centric solutions like PSA, ESA or SRM tools. Others sold desktop schedulers. In contrast, Systemcorp® actually redefined the EPM space by bringing workflow, document control and even exception management to project management industry. Unlike our competitors, we bring a decade of experience, specifically in executive project portfolio management".

* (Forrester 2002)
** (AMR Research, 2002)

About Systemcorp®

Systemcorp®, a privately held corporation, is a recognized leading developer and provider of real-time web-centric solutions for Enterprise Project and 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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