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Press Release

Tenrox Named In The Top 500 Of World's Largest Software Companies
Montreal – July 23, 2001

Software Magazine Ranks Tenrox as one of the World's Largest Software Companies.

Tenrox today announced its spot on the Software 500, Software Magazine's list of the world's foremost software and services providers, featured in the publication's June/July 2001 issue.

"Despite all the dot-com casualties, the Internet continues to change the way we do business and software plays a critical role," says John Desmond, Software Magazine's editorial director. "The CIOs, senior IT and e-business managers who read Software Magazine value this yearly benchmark of the standing of their product and service partners. Each year as suppliers consolidate and new markets emerge, the composition of the Software 500 ranking reflects those changes."

Software Magazine's annual compendium of software and services suppliers catalogs the ranking, financial performance and growth, and primary business sector for each company as well as trend information for the Software 500 as a whole. The Software 500 is a comprehensive look at the enterprise software landscape, encompassing both public and private companies that develop business software and services. The ranking is based on total worldwide software and services revenue for 2000. Suppliers are not ranked on their total corporate revenue, since many have other lines of business. Software revenue includes license fees, as well as maintenance and support revenue, professional services/consulting, and custom programming. The financial information is based on the calendar year and is gathered from Software Magazine's vendor survey, public documents and industry analysts.

"We have developed a family of products that help companies address today's hard economic times by automating and streamlining their business processes in order to remain competitive and profitable", says Ludwig Melik, Tenrox VP of Sales and Marketing, "We’ve come a long way and to be recognized by the industry, as a world-class software development firm, is remarkable and encouraging"

About Software Magazine and Wiesner Publishing LLC

Software Magazine reaches 72,000 CIOs and senior IT managers in mid- to large-size organizations. Editorially, the magazine focuses on the top 10 business priorities of its audience, as determined by leading industry research firms. The magazine is a field guide to the products and services available to help its readers create a short list of vendors to consider for solving business problems. The BPA-audited magazine has a controlled print circulation of 72,000. Privately held, Wiesner Publishing, Englewood, Colo., publishes 11 magazines.

About Tenrox

Tenrox empowers client companies to meet the challenges of globalization, enterprise fragmentation and increased regulatory scrutiny. Available on-demand or on-premises, Tenrox solutions have served more than 800 organizations in 50 countries, maximizing efficiency, data security and reliability. Since 1995, Tenrox has served organizations such as Rio Tinto Alcan, E*TRADE Securities , First National Bank, Visa, Hydro Quebec, Invensys Systems Canada, Major Drilling, Pioneer Natural Resources, US Army, The Pentagon, Talisman Energy, University of Michigan, Northrop Grumman, Oxfam, Thermo Fisher Scientific, Estee Lauder and Wyeth. Tenrox software is available through direct sales channels and a network of worldwide partners. For more information about the company or its award-winning family of products, go to www.tenrox.com.

Media Contact:
Marie Melchiorre
Tenrox Public Relations
877-483-6769 Ext. 4603
publicrelations@tenrox.com


 

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