BST Software Wins Second Place in the Microsoft Project 2002 Business Value Challenge

Business Wire, July 19, 2002

Business Editors/High Tech Writers

TAMPA, Fla.--(BUSINESS WIRE)--July 19, 2002

After Three Months of Competition, the BST Microsoft Project Adaptor

is Named an Overall Solutions Winner

BST Software's Microsoft Project Adaptor was awarded the Overall Solutions 2nd Place prize in the Microsoft(R) Project 2002 Business Value Challenge (BVC) - a three-month program that engaged Microsoft partners in learning and building unique business solutions for the enterprise using Microsoft Project Server 2002, Microsoft Project Professional 2002, and Microsoft Project Web-Access Server 2002.

"Winning this prestigious award demonstrates the value and recognizes the hard work that went into the development of our Microsoft Project Adaptor, which provides a comprehensive project, resource and financial management solution for Professional Services Organizations," said Carlos Baldor, Jr., BST Software Executive Vice President of Development. "By integrating the rich functionality of Microsoft Project 2002 and BST Enterprise, we offer a new class of solution for the enterprise that allows PSOs to manage their projects in a more collaborative, efficient and profitable manner."

The BST Microsoft Project Adaptor tightly integrates the enterprise-level project accounting and financial management capabilities of BST Enterprise with the enterprise-level project and resource management capabilities of Microsoft Project 2002. The result is an industry-first, best-of-breed solution, which allows the seamless management of project tasks, resources and finances throughout the project lifecycle. Features of the solution include integrated project creation, streamlined time entry and approval, invoice generation and review, and comprehensive project tracking.

"I'm pleased to announce BST Software as a winner in The Microsoft Project 2002 Business Value Challenge," said Ted Johnson, Corporate Vice President, Microsoft Corporation. "This program, and the diversity of the more than 35 solutions built prior to the official launch of Microsoft Project 2002 prove that the new product-line truly provides enterprise-class project management at its most compelling level."

As part of the BVC prize package, BST Software demonstrated its award-winning Microsoft Project Adaptor in the Microsoft Project 2002 BVC Partner Pavilion during Fusion 2002.

About BST Software

Founded in 1978, BST Software has a heritage of providing unparalleled business software solutions for Professional Service Organizations. Technological advancements have made it possible to expand the scope of the solution set to meet and exceed the expectations of an organization for years to come, taking advantage of pervasive Internet usage. Today more than 70,000 users worldwide rely, with confidence, on innovative BST Software solutions that deliver improved cash flow, increased customer satisfaction, reduced total cost of ownership, and higher shareholder value. BST Software and its alliance partners are globally distributed across the Americas, Australasia, South Africa and Europe.

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