LoadSpring Expands Channel Program, Signs PM tec as First White Label Partner

LAWRENCE, MA -- (MARKET WIRE) -- April 10, 2007 -- LoadSpring Solutions today announced it has signed an agreement with PM tec, a leading project management solutions provider, whereby PM tec will be the first channel partner to sell a "white label" version of LoadSpring's CAM Console™ application hosting and management system as part of PM tec's own branded service offerings to Primavera customers.

The CAM Console allows local and dispersed project teams to securely and reliably access Primavera's market-leading project and portfolio management applications from any Internet connection in the world. In addition to providing a secure, scalable hosting infrastructure, the CAM Console features a front-end system management dashboard, which provides an intuitive user interface and powerful, easy-to-use system management capabilities for project teams.

"As the only Primavera Authorized Representative (PAR) in Arizona and New Mexico, PM tec was already the primary resource for the region's construction, engineering, government and commercial project managers looking for Primavera software, training, consulting and implementation support," said Jeff Berman, Vice President, PM tec. "This partnership with LoadSpring further extends the value we offer to our customers by enabling a faster implementation of Primavera and easier access to the software through a web-based and secured hosted environment."

This agreement further strengthens LoadSpring's reseller sales program, which already includes PARs like Cashman Associates, Critical Business Analysis, ETRACSolutions, PMC, LaborLogix, PL Logic and The Simplex Group.

"Until now, customers that want a hosted version of their Primavera software had to establish separate contracts with Primavera or a PAR and LoadSpring. By offering a 'white label' version of the CAM Console, we are providing customers with a more complete, yet simple Primavera solution, all through a single vendor," stated LoadSpring's President and CEO, D. Eric Leighton.

About PM tec

PM tec is a leading Project Management Solutions provider serving the Construction, Engineering, Government and Commercial Industries since 1991. We specialize in providing: project management training, consulting and implementation support for Primavera solutions as well as advanced project management. We are a Registered Education Provider (REP) for the Project Management Institute (PMI) and the only Primavera Authorized Sales Representative in Arizona & New Mexico. What makes PM tec different is our deep industry expertise and our ability to bring together the people, processes and tools, such as the Primavera software, to achieve measurable project results. For more information, please visit http://www.pmtec.com.

About LoadSpring Solutions

LoadSpring Solutions delivers application hosting services that provide reliable access for project teams through its sophisticated security, proactive support and intuitive user interface known as the CAM Console™. Founded in 1999, LoadSpring supports Fortune 500 companies and Engineering News-Record (ENR) top firms in the fields of construction, heavy equipment manufacturing, real estate services, engineering and energy/utilities. For more information, please visit http://www.loadspring.com.

Contact Information: Contact: Jesse Ciccone Matter Communications 978-499-9250 x230 Email Contact