Contact Information: 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
OpenAir Selected by AlwaysOn as a Northeast 100 Top Private Company Award Winner
Recognized for Creating New Business Opportunities in High-Growth Markets Through Game-Changing Technology
| Source: OpenAir
BOSTON, MA--(Marketwire - March 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.