SOURCE: Hard Dollar Corporation

Hard Dollar Corporation

February 04, 2010 12:35 ET

Hard Dollar Sees Record Growth in 2009

Year-Over-Year Growth Jumps as Project Cost Management Sales Gain 24% Globally Reaching New Users and Markets

SCOTTSDALE, AZ--(Marketwire - February 4, 2010) - Hard Dollar Corporation announced today that sales of Project Cost Management exceeded year-over-year new sales by 24%. The company's expanded Project Cost Management system gained significant new customers and expanded global market segments. Hard Dollar's new channel expansion both in North America, Europe, AMEA and South America now has over 25 certified partners.

The success of the platform can be measured across the business, with Project Cost Management now considered a mission critical productivity platform including real-time updates to Oracle Primavera P6 and Microsoft Project that enable cost and resource loaded schedules, resulting in timely Earned Value Management data and Cash Flow visibility. Increasing Owner and Contractor desire to gain accurate cost and productivity data while collaborating across projects continues to expand offerings on the platform. The HD Project Cost Management platform provides leading 5D-BIM cost and productivity integration.

"On average it was costing us around 85,000(GBP) ($135K US Dollars) per estimate and we usually had three estimates underway at a time. This was costing us a lot of time and money, we knew there had to be a better way. When we started to evaluate HD for our Project Cost Management solution, we noticed on the HD website, that HD stated they could help improve your productivity by 300%. I really had a good laugh and thought to myself; great marketing, but there is no way this statement could be true. Since our Implementation of HD we have realized an improvement in productivity of around 1000% in our estimating department," states Gareth James, Aiken Group Limited, Aberdeen Scotland.

"We've always been confident that HD's Project Cost Management offers more value than any other platforms on the market, and these latest numbers show that EPC's, CM's, AEC's, and other project driven industries agree," said Ron Babich, Chief Revenue Officer of Hard Dollar. "We expect our growth to continue to accelerate. Our recent V10 release including multi-currency underscores our commitment to bringing cost and productivity accuracy to the Oil and Gas, Mining, Utility, Energy, and Heavy Civil Infrastructure brand globally."

Hard Dollar's Project Cost Management continues to rapidly gain market share as the platform of choice for the industry's top international owners and contractors, generating over 38% in sales internationally in 2009.

About Hard Dollar

Hard Dollar's comprehensive software is designed specifically to manage the rigorous and ever-changing demands of enterprise-scale projects to maximize profits and control costs. The company's patented technology is the only functional, single-view solution on the market offering: real-time, multi-user collaboration through the managed interaction of resources, cost, escalation, cash flow, earned value reporting, and scheduling from either Microsoft or Primavera throughout the entire life of the project.

Hard Dollar systems have been used to construct over $1 trillion in capital projects. For more information, visit

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