Press ReleaseSource: OpenAir

OpenAir Selected by AlwaysOn as a Northeast 100 Top Private Company Award Winner
Monday March 31, 7:06 pm ET

Recognized for Creating New Business Opportunities in High-Growth Markets Through Game-Changing Technology

BOSTON, MA--(MARKET WIRE)--Mar 31, 2008 -- OpenAir, the world's leading provider of on-demand project management software, today announced that it has been chosen by AlwaysOn as one of the Northeast 100 Top Private Companies. The first-annual Northeast 100 list was compiled by the AlwaysOn editorial panel. In order to be eligible for the list, companies in the Northeastern United States had to be creating new business opportunities in high-growth markets, demonstrating significant market traction and pursuing game-changing technology in a key sector. AlwaysOn received hundreds of nominations for this year's list.

OpenAir and the Northeast 100 Top Companies for 2008 will be honored at the AlwaysOn Venture Summit East to be held April 7 - April 9, 2008, at the Four Seasons Hotel in Boston, MA. Venture Summit East is a two-day gathering that highlights the significant economic, political and technology trends impacting the global growth investor. Venture Summit East features the most influential institutional investors, venture capitalists, corporate buyers, investment bankers and research analysts in the Eastern US in keynote presentations and panel debates. The idea behind the Northeast 100 companies list is to identify the most promising entrepreneurial opportunities and investments in the Northeast region's technology industry.

"For the first annual elite Northeast 100 list we surveyed more than 500 venture investors, investment bankers, and technology insiders, who nominated hundreds of companies to determine the Northeast 100 winners," said Tony Perkins, Founder and Editor, AlwaysOn Network. "Each of the Northeast 100 winners had to demonstrate leadership among their peers in the following areas: innovation, market opportunity, commercialization, media buzz, and stakeholder value creation. We congratulate them all on this great honor!"

Along with AlwaysOn, OpenAir's award-winning software has been recognized by Deloitte, the Boston Business Journal, and ASPnews as a market leader in the software-as-a-service (SaaS) industry. Their innovative solutions help leading software, consulting, and creative firms around the world gain valuable insight and visibility into their businesses.

"We are truly honored to be recognized as a business leader in the Northeast region," said OpenAir CEO Morris Panner. "We strive to develop unique opportunities through creative business strategies, and it's a thrill to have our efforts recognized by leading authorities such as AlwaysOn."

About OpenAir

OpenAir is the world's leading provider of Software-as-a-Service (SaaS) project management software. Offering both Professional Services Automation (PSA) and Project Portfolio Management (PPM) solutions, OpenAir provides project-based organizations and firms the tools they need to grow their businesses quickly and profitably. Providing enterprise-level functionality for businesses of all sizes, OpenAir has more than 40,000 active users across 300 world class firms utilizing the software to better capture billable time, manage projects and resources and bill customers. Coupled with a team of highly experienced consultants from some of the world's leading services firms, OpenAir PSA and OpenAir PPM drive higher profits through improved utilization, visibility and data collection. To learn more or schedule a demo, please visit www.openair.com.


Contact:
     For OpenAir
     Buckley White
     650.980.0677
     bwhite@openair.com
      
     For AlwaysOn Venture Summit East
     Lois Paul & Partners
     Michael Parker
     Ph: 781-782-5714
     alwayson@lpp.com
      

Source: OpenAir


Mail to Friend Email Story
Alerts Set News Alert
Printer
Version  Print Story 


Copyright © 2008 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service
Copyright © 2008 Marketwire. All rights reserved. All the news releases provided by Marketwire are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.