Changepoint and the Hay Group Form Alliance to Help Organizations Enhance IT Effectiveness by Linking Technology, People Strategies

Business Wire, April 21, 1999

SAN FRANCISCO--(BUSINESS WIRE)--April 21, 1999--

Partnership to provide "internal consulting" solutions for

IT management through the integration of

people, processes, and technology

Changepoint Corporation, the world's leading provider of enterprise front office software for IT businesses, and the Hay Group, a preeminent management consulting firm specializing in performance-enhancing people strategies and processes, today announced the creation of a strategic partnership.

Changepoint and Hay's IT Effectiveness Practice will team up to help organizations improve their internal IT operations through enriched access to intellectual property, streamlined business processes and better management of their people.

"This partnership is an exciting development for both organizations," said Gerry Smith, President and CEO of Changepoint. "Our common vision of running IT operations like a legitimate business is fast becoming a popular theme in IT departments across North America. Changepoint offers clients powerful business management technology through which to achieve their IT effectiveness strategies, while the Hay Group provides the critical people processes."

Michael McKay, who heads Hay's IT Effectiveness Practice agreed: "Organizations today have to consider the enormous impact of technology on their business and employees. Hay has long helped organizations understand and manage the key human aspects of corporate initiatives. By combining Changepoint's superior IT business management technology with our unsurpassed knowledge of people, we can far more effectively help organizations maximize the value of their IT shops."

About The Hay Group

The Hay Group is a worldwide management consulting firm that helps organizations effectively assess, develop, motivate and reward their people. Hay's worldwide and North American headquarters are located in Philadelphia, where Hay was established in 1943. An internationally recognized leader with more than 2,000 consultants and 8,000 clients worldwide, Hay has 71 offices in 34 countries, including 25 in North America. Further information can be obtained from the company's Web site: http://www.haygroup.com.

About Changepoint Corporation

Founded in 1992, Changepoint Corporation is the leading software provider in the high growth category of IT business management software for IT consulting organizations, software companies and corporate IT departments. Changepoint is the only supplier of a comprehensive software suite for managing the complete business of IT. It enables organizations to refine, control, and build closer relationships with customers. Changepoint is headquartered in Toronto, Canada. Further information can be obtained from the company's Web site: http://www.changepoint.com.

EDITOR'S NOTE: All Changepoint news releases are available on the Internet, via the Changepoint Corporation Home Page at http://www.changepoint.com. Screenshots and an on-line ScreenCam movie of Changepoint, The Front Office for IT, are also available on Changepoint's Web site. Additional information on Changepoint can be accessed on-line, and by sending email to sales@changepoint.com or calling 1-905-886-7000.