Press Releases

Tenrox Reports Significant Global Expansion in 2006

Pasadena, California – January 17, 2007

Tenrox—the leading provider of workflow-driven Project Workforce Management Solutions—announces another year of record-breaking revenues and rapid global expansion in 2006. The company's sales force has increased by 40% with the addition of sales representatives and consultants in North America, Australasia and Europe to further accelerate and support growth in these regions, as well as to better serve its growing international client base. Tenrox also expanded its executive team with the addition of a Chief Technology Officer, Vice President of Professional Services and a Vice President of Sales, West Coast.

"Our strategy in 2006 was to establish a broader sales force in the U.S., as well as to build a strong and direct regional presence in the Australasian and European markets," said Rudolf Melik, CEO. "There is a tremendous opportunity in these regions where we’re seeing an acceleration in the demand for project workforce management solutions.  With a direct presence in these markets, we’re in a better position to further develop our customer relationships with localized service and support, as well as broadened partner engagement.”

To support its explosive growth in North America, Tenrox expanded its U.S. sales team with the addition of representatives based in Chicago and Los Angeles. Tenrox also appointed Kevin Charbonneau as VP of Sales West Coast to head and build the sales force across the West Coast and Mid West.  Ludwig Melik, VP of Sales East Cost and Canada, will continue to focus on the Canadian market and Eastern regions of the U.S., as well as oversee the company's U.K. and Australasian sales teams.  Other appointments in 2006 include Michael McRae as VP of Professional Services, and Sammy Wahab as CTO.

“2006 was a high growth and profitable year for Tenrox and our customers,” adds Mr. Melik. “Our new executive team members bring years of software industry experience, demonstrate our commitment to customer satisfaction and innovation, and share our passion for the project and workforce management industry. We continue to invest heavily in building a multinational organization that can better serve our growing international customer base.”

The company's global expansion activities into Australasia and Europe in 2006 included the addition of sales and consulting representatives in Australia, as well as in the U.K. to service the European market.

About Tenrox

Tenrox cloud-based project management software solutions empower our users to meet the challenges of globalization, enterprise fragmentation, and increased regulatory scrutiny. Available on-demand or on-premise, Tenrox solutions are both ISO 27001 and SAS 70 certified serving more than 800 organisations in 50 countries, maximizing project and resource management efficiency, data security, and reliability.  Since 1995, Tenrox has been offering its project management software tools to clients such as GE Infrastructure-GE Fanuc, Rio Tinto Alcan, E*TRADE Financial Corp, Blue Cross Blue Shield NC. Alstom, IBM, SNC Lavalin, Hydro Quebec, Pioneer Natural Resources, Westinghouse Rail Systems, SAS, Thales, US Army, The Pentagon, Talisman Energy, Oxfam, Thermo Fisher Scientific, Estee Lauder, and Wyeth. Tenrox project management 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
450-686-7365
publicrelations@tenrox.com

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