Tenrox

Tenrox

January 17, 2007 09:52 ET

Tenrox Reports Significant Global Expansion in 2006

PASADENA, CALIFORNIA--(CCNMatthews - Jan. 17, 2007) - Tenrox-the leading provider of workflow-driven Project Workforce Management Solutions-announces another year of record-breaking revenues and rapid global expansion in 2006. The company's sales force has increased by 40% with the addition of sales representatives and consultants in North America, Australasia and Europe to further accelerate and support growth in these regions, as well as to better serve its growing international client base. Tenrox also expanded its executive team with the addition of a Chief Technology Officer, Vice President of Professional Services and a Vice President of Sales, West Coast.

"Our strategy in 2006 was to establish a broader sales force in the U.S., as well as to build a strong and direct regional presence in the Australasia and European markets," said Rudolf Melik, CEO. "There is a tremendous opportunity in these regions where we're seeing an acceleration in the demand for project workforce management solutions. With a direct presence in these markets, we're in a better position to further develop our customer relationships with localized service and support, as well as broadened partner engagement."

To support its explosive growth in North America, Tenrox expanded its U.S. sales team with the addition of representatives based in Chicago and Los Angeles. Tenrox also appointed Kevin Charbonneau as VP of Sales West Coast to head and build the sales force across the West Coast and Mid West. Ludwig Melik, VP of Sales East Coast and Canada, will continue to focus on the Canadian market and Eastern regions of the U.S., as well as oversee the company's U.K. and Australasian sales teams. Other appointments in 2006 include Michael McRae as VP of Professional Services, and Sammy Wahab as CTO.

"2006 was a high growth and profitable year for Tenrox and our customers," adds Mr. Melik. "Our new executive team members bring years of software industry experience, demonstrate our commitment to customer satisfaction and innovation, and share our passion for the project and workforce management industry. We continue to invest heavily in building a multi national organization that can better serve our growing international customer base."

The company's global expansion activities into Australasia and Europe in 2006 included the addition of sales and consulting representatives in Australia, as well as in the U.K. to service the European market.

About Tenrox

Tenrox makes it possible to manage today's decentralized project workforce in real-time. Its modular solution combines project/workforce management and financials, to replace the spreadsheets and internally developed systems companies currently use for cost and revenue planning, tracking and management reporting.

The Tenrox system, available on-demand or on-premise, is based on a unique graphical workflow engine, which makes it simple to configure and change. Integration with leading financial systems is built-in. Tenrox's on-demand software has earned an unqualified SAS 70 Type II certification ensuring maximum data security, reliability, and scalability for our hosted customers. Tenrox empowers the project workforce locally and provides total visibility globally.

Since 1995, Tenrox has served over 800 organizations in 50 countries including Blue Cross Blue Shield, Caterpillar, Corning Cable Systems, Wilmington Trust, First National Bank, Hydro Quebec, Invensys, Major Drilling, Pioneer Natural Resources, State of Wyoming, The Pentagon, University of Michigan, Fisher Scientific, and Wyeth. Tenrox software is available through direct sales channels and a network of worldwide resellers and partners

Product or service names mentioned herein are the trademarks of their respective owners.

For more information please visit us at www.tenrox.com, call 877-4TENROX or email us at publicrelations@tenrox.com.

Contact Information

  • Tenrox Media Contact:
    Verrecchia Group Communications
    Marlene Kovac
    514-421-1940 Ext. 148
    marlene@vergroup.com