Press Release

Instantis EnterpriseTrack™ PMO Edition Receives High Marks in Project Management Software Vendor Evaluation

May 20, 2009 -- Santa Clara, CA — Instantis, a leading provider of project portfolio management software used by business process and IT leaders to improve strategy execution and financial performance, announced today findings of the most recent Project Management Software Systems Report published by Prof. Dr. Frederik Ahlemann of the Institute of Research on Information Systems (IRIS) at the European Business School (EBS). The report provides a complete guide to a successful project management software selection program and includes an exhaustive and rigorous study of 34 project and portfolio management software vendors which are evaluated on over 100 criteria.

The report highlighted particular competitive strengths of the EnterpriseTrack™ PMO Edition on-demand project portfolio management solution in the areas of:

Programme planning and portfolio control
Resource management including the handling of resource requests and assignments
Reporting and dashboard flexibility and configurability based on user and role-based needs
Security management including ability to set access right assignments based on roles at the project level
Quality and process improvement management

In addition, EnterpriseTrack™ PMO Edition achieved high numerical scores (among the top 5 vendors) in scope management, resource management, knowledge management and cost management. The report concludes that "the company’s above-average growth in revenues and the ground it has gained on leading [IT PPM] companies, which is confirmed by its customers, highlight this company’s dynamic development."

About Instantis

Instantis is a leading provider of project portfolio management software used by business process and IT leaders to improve strategy execution and financial performance. Leading global corporations like Abbott, BP, DuPont, France Telecom, Lilly, Lenovo, Motorola and Xerox rely on a single system called EnterpriseTrack to fulfill the distinctive requirements of their strategic project portfolios such as PMO, IT PPM, New Product Development and Lean Six Sigma.

About EBS IRIS

For more than 20 years, the Institute of Research on Information Systems (IRIS) at the European Business School (EBS) investigates models and methods of designing and effectively applying information technology (IT) and information systems (IS). The IRIS has helped to apply scientific findings to practical settings in many large organisations. As Germany’s sole think tank on information systems at a private business school, IRIS also applies its approach of combining theory and practice to provide excellent IT management education to the students of the EBS.