Pcubed Earns Grand Prize in Microsoft Project 2002 Business Value Challenge; Solution for Professional Services Project Management Earns Top Spot

Business Wire, August 1, 2002

Business Editors

REDMOND, Wash. & ANN ARBOR, Mich.--(BUSINESS WIRE)--Aug. 1, 2002

Program Planning Professionals, Inc. (Pcubed), the world's pre-eminent project-management solutions company, announced that it has earned the Grand Prize in the Professional Services Vertical Solutions category in the Microsoft(R) Project 2002 Business Value Challenge (BVC).

Microsoft recognized Pcubed's award winning solution at Fusion 2002 - Microsoft's premier partner event.

The Pcubed Business Management Solution (BMS) fully leverages the out-of-the-box enterprise collaboration capabilities of the MS Project 2002 Product Family and SharePoint technologies to provide Professional Service Organizations (PSO's) with a single technology environment to efficiently track profitability and resource utilization at the executive, program and project levels. Pcubed's BMS provides PSO's with the opportunity to streamline and dynamically manage core business operations. "In today's competitive environment the burden of delivering multiple parallel projects, faster to the highest quality levels, profitably is breaking traditional database/spreadsheet solutions. A more robust, accurate, timely and affordable solution is required," said Pat Colbeck the solution designer.

The BMS is designed in a modular fashion so that the processes and tools can be rapidly deployed in an incremental fashion. This solution is a low cost alternative to complex ERP systems. The functionality and features of BMS are grouped into core business operational activity modules: Sales Management, Human Resource Management and Finance Management.

Microsoft judges stated that they awarded Pcubed the honor because the solution "demonstrates how the features that make Microsoft Project 2002 the world's leading project management tool could be leveraged into a serious platform for managing a robust spectrum of business operations, including sales, resources and finances."

Pcubed captured the top honor in a competition that pitted the company against 35 project management solutions.

About Pcubed

Pcubed, the world's pre-eminent project-management solutions company, provides a range of products, applications and customized services for Fortune 500 companies and other global leaders. Pcubed's industry-standard Portfolio Dashboard, consulting services and global distribution provide enterprise customers unrivaled productivity, cost-effectiveness and return on investment in all aspects of extended project management.

The company's unique standards-based package of solutions features applications for strategic planning, project and resource management, and portfolio administration, integrated seamlessly on either client-server or Internet platforms. Pcubed, which is the preferred provider for all Microsoft customers and partners, counts among its customers a wide range of global leaders in the Fortune 500. Based in Ann Arbor, MI, Pcubed has offices in four continents. For more information, please visit www.pcubed.com.