Press Release

July 9, 2002

OpenAir Named a "Cool Tool" by Projects@Work Magazine and featured in Business Finance Magazine article, "Best-of-Breed Software: A New Level of Results and ROI"

Boston, MA (July 9, 2002) — OpenAir, the Professional Services Automation (PSA) solution provider, today announced that Projects@Work, the magazine of business and technology solutions for project management, selected OpenAir for its "Cool Tools" section.

Projects@Work is a publication of I-Mark Communications, which also manages the ProjectWorld conferences. As such it is the leading authority on technologies and services related to project management. Six times each year it combs through its comprehensive list of offerings to identify "the newest products that will help you get better results from your projects." The July/August issue includes OpenAir, describing it as, "a scalable solution for sales force automation, proposal development, resource planning, time and expense tracking, client billing, and knowledge sharing."

OpenAir was also featured in the Business Finance Magazine article, "Best-of-Breed Software: A New Level of Results and ROI," which identified the critical new technologies that executives are adopting to enhance financial management systems.

"We are proud to have these authoritative publications recognize our efforts," said OpenAir CEO Morris Panner. "By combining project bidding, planning, staffing, tracking, management, collaboration, and accounting into an integrated web-based system, OpenAir is far more powerful than any point solution on the market today. OpenAir provides a rapid, compelling Return On Investment that meets financial executives' exacting criteria for investing in new systems in today's economic climate."

About OpenAir
OpenAir is the Web-native professional services automation solution that helps independent software vendors, marketing services companies, consulting firms, and internal corporate service organizations make more money through increasing top-line growth, improving operations and financial controls. OpenAir customers increase profits by capturing additional billable hours, increasing employee utilization, streamlining project management, accelerating revenue, enhancing collaboration, improving revenue recognition and project accounting, and sharing knowledge and best practices throughout the organization. OpenAir has helped over 600 other companies across six continents increase profits through the subscription-based OpenAirŪ Complete solution. For additional information, visit www.openair.com.

Contact
Jeff Hunt
OpenAir
Phone: 617-351-0236
jeffhunt@openair.com