SOURCE: OpenAir

May 16, 2008 14:22 ET

OpenAir to Rollout Major New Feature in Upcoming Release

BOSTON, MA--(Marketwire - May 16, 2008) - OpenAir, the world's leading provider of on-demand project management software, today announced that Earned Value Management (EVM) functionality would be included in their May 17 software release.

"As our customers embrace more advanced project management techniques, we happily are responding to their calls for EVM functionality," said Ed Marshall, VP of Sales and Marketing. "Given our solution's market-leading project accounting capacity, this represents a natural evolution of our functionality and increases our appeal to organizations of all sizes."

A long-established industry standard in government-related project management techniques, EVM is seeing increasing adoption in commercial project management organizations as a way to quantify Project Status, allowing an organization to more quickly focus on projects lagging behind in cost and/or schedule.

EVM will be included as a part of a number of enhancements rolled out during OpenAir's bimonthly release on May 17.

About OpenAir

OpenAir is the world's leading provider of Software-as-a-Service (SaaS) project management software. Offering both Professional Services Automation (PSA) and Project Portfolio Management (PPM) solutions, OpenAir provides project-based organizations and firms the tools they need to grow their businesses quickly and profitably. Providing enterprise-level functionality for businesses of all sizes, OpenAir has more than 42,000 active users across 300 world class firms utilizing the software to better capture billable time, manage projects and resources and bill customers. Coupled with a team of highly experienced consultants from some of the world's leading services firms, OpenAir PSA and OpenAir PPM drive higher profits through improved utilization, visibility and data collection. To learn more or schedule a demo, please visit www.openair.com.

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