SM&A Announces Strategic Partnership Between Planview and Its Performance Management Associates Division
Market Wire, April, 2008
SM&A (NASDAQ: WINS), the world's leading provider of business strategy and proposal development services that ensure clients' ability to win competitive procurements, and a leading provider of program management services, announced today that its Performance Management Associates (PMA) Division has entered into a strategy partnership with Planview®, the leading independent provider of enterprise-wide portfolio and performance management solutions. Under the agreement, the companies will offer Planview customers comprehensive Earned Value Management (EVM) services, including compliance with ANSI 748, training, and access to experts in Planview MPM, EVM and scheduling to help run their projects more efficiently.
EVM is a requirement of government agencies and their contractors on all new projects, designed to improve efficiency, reduce costs, enhance productivity and meet complex reporting requirements. Planview and PMA enhanced EVM service offerings are available to customers now.
"The Planview MPM EVMS offering is the market leader, and we are very pleased to be working with this important partner to extend the level of EVM services that we can offer to customers," said Cathy McCarthy, President and Chief Executive Officer of SM&A. "Planview shares our commitment to maximizing our value to our customers by offering a complete, end-to-end, best-of-breed EVM solution. With this agreement, we are able to provide a range of EVM services from initial implementation to staff augmentation to EVM training workshops and seminars. This agreement will help SM&A further expand its Program Services offerings to additional new customers."
About Planview MPM
Planview Micro-Frame Program Manager (MPM) is the industry's leading Earned Value Management solution. Planview MPM is the only complete solution for efficiently managing the entire program lifecycle, from the proposal phase through program completion. Planview MPM is used by hundreds of organizations such as Northrop Grumman, Raytheon, and L-3 Communications, and supports critical programs for the Department of Defense, Department of Energy, and NASA.
About Planview
Since 1989, Planview has been a market leader and trusted partner in providing comprehensive portfolio management solutions. Planview Enterprise®, the company's leading performance management platform, combines project and portfolio management software with adaptive best practices, Planview PRISMS®, to enable better decision making and business accountability. Industry leaders such as Citi, BP, EDF, and the American Red Cross, partner with Planview to achieve their strategic business goals. Headquartered in Austin, Texas, with offices across the U.S., Europe, and Asia-Pacific, Planview supports 550 customers in virtually every industry. Planview is privately held and has been profitable for over a decade. For more information, visit www.planview.com .
About PMA
Performance Management Associates, Inc. (PMA) is a division of SM&A (NASDAQ: WINS). The Company, based in West Palm Beach, Florida, is a leading provider of Earned Value Management Systems (EVMS) implementation, analysis and training for enterprise project management solutions.
About SM&A
SM&A is the world's foremost management consulting firm providing leadership and mentoring solutions to PLAN for business capture, WIN competitive procurements and profitably PERFORM on the projects and programs won. Our proven processes, people and tools have delivered significant top-line and bottom-line growth across markets, products and services. From the largest aerospace and defense contractors, through the major software providers, to healthcare and financial/audit service providers, SM&A is the partner many companies turn to WHEN THEY MUST WIN.
Some statements made in this news release refer to future actions, strategies, or future performance that involves a number of risks and uncertainties. Any one or number of factors could cause actual results to differ materially from expectations, and could include: shift in demand for SM&A's Competition Management and Performance Assurance services; fluctuations in the size, timing, and duration of client engagements; delays, cancellations, or shifts in emphasis for competitive procurement activities; declines in future defense, information technology, homeland security, new systems, and research and development expenditures, and other risk factors listed in SM&A's SEC reports, including the report on Form 10-K for the year ended December 31, 2007. Actual results may differ materially from those expressed or implied. The company expressly does not undertake any duty to update forward-looking statements.
Planview, Planview Enterprise, Planview PRISMS, Micro-Frame and Planview MPM are registered trademarks of Planview, Inc. All other product and company names may or may not be trademarks or registered trademarks of their respective owners.
INVESTOR CONTACT: Jim Eckstaedt Executive Vice President Finance and Chief Financial Officer (949) 975-1550 jim.eckstaedt@smawins.com EVC Group, Inc. Douglas Sherk/Jenifer Kirtland (415) 896-6820 dsherk@evcgroup.com MEDIA CONTACT: EVC Group, Inc. Steve DiMattia (646) 201-5445 sdimattia@evcgroup.com
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