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Tenrox Workforce Project Management Named a CRN Emerging Technology

Innovative Software Provider Recognized by Industry's Top Channel Publisher CMP, Continues Strategic Channel Push

Pasadena, California - June 19, 2007

Tenrox, the leading provider of workflow-driven Project Workforce Management Solutions, announced it has been selected by CRN, part of CMP's family of Channel Solutions, as a CRN Emerging Tech vendor due to the company's innovative and successful Tenrox Referral Partner Program. CRN's Emerging Tech list captures companies that are delivering high margins for solution providers with innovative and easy-to-use technology that undercuts industry giants.

Tenrox software solutions combine project management and workforce management with financials for cost and revenue planning, tracking and management reporting. With its built-in integration to accounting applications (Great Plains, Navision, Sage ACCPAC, SAP Business One, QuickBooks), payroll (ADP, Ceridian, Paychex), ERP (SAP, Oracle, PeopleSoft), project management (Microsoft Project), CRM (Salesforce.com and Microsoft CRM), HR, etc., Tenrox makes it easier to enforce best practices and work policies, comply with regulations, and generate reports in real-time. The benefits are instant visibility, better decision-making, fast adaptability to changing business conditions, and more effective execution of projects.

“This validation from CRN underscores our commitment to providing world-class technology solutions and the critical financial incentives that lay the foundation for successful partnerships that ultimately benefit end user customers,” said Marie Melchiorre, Director of Partner Programs, Tenrox.

Tenrox was selected to CRN Emerging Tech list on the strength of the company's established solution provider program and its defined guidelines for recruiting channel partners. The Tenrox Referral Partner program demonstrates a clear “channel positive” strategy for driving sales of Tenrox products and expanding the company's base of channel partners.

The Tenrox Referral Partner Program offers a multi-tiered remuneration package that includes Instant Referral Cash bonuses, a generous sales commission package, and the opportunity to become a long-term Tenrox channel partner. The program is open to anyone, including resellers, systems integrators or IT consultants, able to refer prospects to Tenrox. This partnership model offers referred customers the combined expertise from both Tenrox and the referral partner along with flexible, well-rounded solutions that integrate project and workforce management with financial software and customer relationship management (CRM) solutions.

About the Emerging Tech Survey

According to the 2007 CRN Emerging Tech Survey, the top reasons solution providers add emerging technologies include, the technology is superior to other products in the market segment; the technology complements a solution providers' existing practice areas; emerging vendors provide better services opportunities; emerging vendors pay better attention to partners; emerging vendors offer higher margins, customers want alternative product choices; and emerging vendors have better joint marketing programs. In addition, 61 percent of solution providers surveyed plan to increase the number of emerging technology vendors they partner with in the next 12 months.

"Successful Solution Providers are always looking for new and innovative partners, and the CRN Emerging Tech list provides a way for them to discover a large number of potential new partners who offer a wide range of emerging technologies," said Heather Clancy, vice president and editor of CRN.

Vendors who make the CRN Emerging Tech list must have an established solution provider program and formal guidelines for recruiting channel partners. They must demonstrate that its direct sales mix is trending down as evidenced by the company's revenue history, a channel positive or channel neutral strategy for internal sales compensation, and not be a dominant market share player. Final selection to the Emerging Technology list was made at the discretion of the CRN editorial team after a review of the submitted information and conversations with current or targeted partners.

About CRN

CRN provides solution providers and technology integrators with the crucial information and analysis they need to drive their company's sales. As an advocate for and voice of the IT channel, solution providers turn to CRN first for immediate information. Celebrating its 25th year, CRN is the most trusted source for channel professionals. CRN can be found on the web at www.channelweb.com.

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

Product or service names mentioned herein are the trademarks of their respective owners.

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"Tenrox is the most robust and forward -thinking project workforce management product I have seen for addressing our project workforce management, billing and cost accounting needs. We expect a full return on our investment in less than six months, just for the first phase of implementation."

Russ H.
EVP and Co-founder
Synteract

Tenrox web based enterprise project management software is a modular solution that helps simplify your, project planning, project tracking, project accounting, expense tracking, enterprise resource / capacity planning, and time and billing.

Traditional project planning and project management software tools put the burden of creating and updating project plans on the managers shoulders. Tenrox makes your project planning and management quicker and easier by using simple and effective workflow tools to help you get the job done quicker and easier.

Our online business project planning and project accounting system is workflow-driven and replaces the spreadsheets and band-aid applications that leave your project-driven work force and processes disconnected. With work breakdown structures to mirror the way you do business, Tenrox allows you to easily map your projects to your corporate structures: Capture and track project data at any level of detail, mirror every business operation area with distinct functional and approval hierarchies, and summarize or drill down into your project workforce financials. Tenrox is the perfect online enterprise project management software solution to align your projects and workforce with your business goals.

With online project management tools by Tenrox, you obtain real-time information on costs, expenses, revenue, profits, project status, schedules and issues, ensuring successful project management planning and delivery. Tenrox Project Workforce Management Software meets the needs of both service organizations for professional services automation and for internal project management offices so you can manage and view both process and financial impact in real time.

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