Press Release

Ocotber 10, 2002

OpenAir CEO Morris Panner to Speak at ProjectWorld
What Does PSA Software Do that Project Management Software Does Not?

Boston, MA — OpenAir, the leading professional services automation (PSA) software provider, today announced that CEO Morris Panner will share his expertise at the upcoming ProjectWorld shows in Chicago and Santa Clara. Panner's talk will identify the areas of functionality that set PSA software apart from traditional project management software.

The exact topic is as follows: Traditional project management software admirably handles project planning, tracking and collaborating. In today’s economic climate, however, this simply is not enough! Whether part of a professional services firm or an internal development, IT or other service group, managers must run project teams with rigorous business discipline. PSA software combines traditional PM functions with key financial functions, such as revenue forecasting and recognition, billing and profitability analysis, that enable managers to ensure the financial success of projects. You will leave this presentation with a very solid understanding how PSA software lets you measure and improve the key metrics that drive project profitability.

For more information, visit the ProjectWorld Website.

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 companies across six continents increase profits through the subscription-based OpenAir® Complete solution. For additional information, visit www.openair.com.

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