Press Release

For Immediate Release

PSVillage Releases OpenAir-sponsored Compensation Study

January 30, 2008 (BOSTON) — OpenAir, the world's leading provider of Professional Services Automation (PSA) and Project Portfolio Management (PPM) software is pleased to announce the release of PSVillage's recent compensation survey.

"Accurate and timely compensation data is a key part of corporate planning," said Morris Panner, OpenAir CEO. "PSVillage's study adds great depth and insight to that area, which befits PSVillage's important role as a forum for thought leadership in the industry."

The study looks at trends in compensation among services businesses. Position-based pay scales, types of compensation and compensation-impacting factors such as travel requirements, are profiled based on responses from professional services organizations in software companies ranging from $5 million to $1.2 billion in annual revenues.

"Our community's active participation in the development of the PSVillage Compensation study illustrates how extremely valuable this benchmark information is to the technology professional services industry," said Terry Jansen, founder and president of PSVillage. "We are delighted to have the ongoing support of our sponsors, such as OpenAir, to develop these types of offerings for our industry."

The study is available for purchase from PSVillage. For more information, please visit www.psvillage.com.

About PSVillage
PSVillage is an industry-leading, global community of nearly 1,000 technology professional services leaders representing over 450 companies. The only networking forum of its kind, PSVillage was founded in 2004 to provide a collaborative forum for professional services leaders to share research, best practices, resources and more. The site hosts a moderated discussion forum, an on-line magazine, a professional services compensation survey, job board, benchmarks, a spotlight of members and a variety of free or low-cost services including webinars, white papers, workshops, research and networking events. To learn more, go to www.psvillage.com.

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(TM) Services Program. Relying on a highly experienced team of former Bain, Accenture, Deloitte, 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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