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SYSTEMCORP® LAUNCHES FOUR NEW U.S. LOCATIONS

Launching the four new U.S. offices is only part of Systemcorp's worldwide expansion strategy and is designed to provide increased support for its expanding customer base

Montreal, Canada, – May 15, 2003 – Systemcorp®, a leading developer and provider of real-time web-centric solutions for Enterprise Project-portfolio Management (EPM), announced today that the company is extending its marketing reach by adding four new sales and support offices in the USA. Continuing a yearlong expansion, Systemcorp® has opened offices in Louisiana, Utah, Alabama and Oklahoma. With the existing sales and support locations presently in Florida, Colorado and New York, the additional 4 offices bring the total number of U.S. locations to seven.

Company president Jaime Benchimol said he intends to add several more offices in the U.S. before the end of the year. “We anticipate a resurgence of Enterprise Project portfolio Management (EPM)adoption in the U.S. in calendar 2003 and 2004. Launching our new U.S. offices is only part of our worldwide expansion strategy and is designed to provide increased support for all our clients”. Benchimol adds, “In fact, we will continue to expand our worldwide Sales and Marketing support to capitalize on this growth, providing exceptional service to our customers”.

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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