SOURCE: OpenAir

April 16, 2007 09:35 ET

OpenAir Honored Among Fastest-Growing Private Companies in New England

BOSTON, MA -- (MARKET WIRE) -- April 16, 2007 -- OpenAir (www.openair.com), the world's leading provider of Professional Services Automation (PSA) software, today announced it was honored as the 26th fastest-growing private company in New England at the BBJ Pacesetters event hosted by the Boston Business Journal.

OpenAir, along with other local companies, was feted this morning at a 600-person breakfast given by the Boston Business Journal at the Park Plaza Hotel.

The breakfast featured a panel on managing high-growth enterprises. OpenAir CEO Morris Panner joined moderator Daniel R. Hutchins, Boston Private Company Services Market Leader, PricewaterhouseCoopers for the presentation, "Setting the Private Company Pace: How to Manage your Growth."

"OpenAir's culture is its most important competitive asset," Panner said. "Our ability to grow our company depends on remaining true to our culture and values. Our customers rely on it as do our employees and other stakeholders."

This morning's event and panel are an annual tradition in Boston. Each year, the panel brings together business leaders from around New England to celebrate the best of the best. Firms with wide ranging businesses in software, construction, healthcare and law were represented among the finalists, highlighting the great diversity of Boston's business community.

"It's truly an honor to be included among such outstanding companies," said Ed Marshall, OpenAir VP of Sales and Marketing. "Having your firm's hard work validated by your peers is something that is immensely gratifying to everyone at OpenAir."

About OpenAir

Based in Boston, OpenAir Professional Services Automation (PSA) software enables professional services firms to gain controls and insight on their financial best practices. OpenAir empowers executives to track projects, teams, and billable hours for improving employee utilization and to streamline project management. OpenAir Consulting provides both expert deployment advice on the OpenAir product as well as Services Best Practices Consulting as part of the OpenAir Optimize™ Services Program. Relying on a highly experienced team of former Bain, Cambridge Technology Partners and Mercer consultants, OpenAir has developed comprehensive programs for both the Software-as-a-Service (SaaS) deployment paradigm as well as for the services vertical industries. OpenAir has helped leading services organizations across six continents increase profits through its subscription-based solution. For additional information, please visit www.openair.com.

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