Press Releases

IT Week Magazine Selects Tenrox Project Workforce Management for 2008 Editor’s Choice Award

Product is singled out for its comprehensive capabilities to streamline project
and resource management

Pasadena, California - February 19, 2008

Project Workforce Management from Tenrox, the industry’s premier provider of project workforce applications, has been chosen by IT Week magazine to receive its Editor’s Choice Award for 2008. The editors’ selection was based on Tenrox’s ability to address all aspects of tracking project status and resource availability within a single, comprehensive, well designed application.

Rudolf Melik, Tenrox CEO, said, “As workforces have become more widely-dispersed, the software applications that attempt to manage work and associated functions like billing and payroll have failed to keep pace in this complex global environment. The award from IT Week validates our efforts to create a solution that focuses on the growing portion of an organization’s work that is formed around collaborative projects and differentiated costs.”

The IT Week article highlighted Tenrox’s versatility and flexibility, including:

• Integration with payroll and billing modules
• Ability to import data from other applications, such as Microsoft Project
• Extensive selection of reporting options and report templates
• Ease of designing custom reports
• Drill-down architecture that allows varying levels of detail, from tracking specific milestones and resource availability to forecasting project completion
• Local or web-hosted platform options

Editors called the Tenrox solution a “rich project management system” that overcomes the shortcomings of combining multiple software packages—a common scenario for attempting to track business activities that cross departments and geographic regions. They characterized this practice as being “somewhat lacking” when comprehensive reporting capabilities and reliable information are needed for making key decisions.

Full review can be found at: www.tenrox.com/en/newsevents/news/reviews/ITW_tenrox.pdf

About Project Workforce Management

Tenrox Project Workforce Management streamlines project management, optimizes resource utilization and precisely accounts for costs and revenue across projects and resource groups. By leveraging existing software investments and adapting to in-place structures and processes, the Tenrox system automates time and expense tracking, cost and revenue accounting, project and workforce planning.

About IT Week

IT Week covers the latest product, technology and business news in the fast-paced world of connected networks. The online publication reaches an audience of more than 100,000 high-level IT professionals. For more information, go to
www.gmmediaworldwideinc.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

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