Press Release May 29, 2002 - Browser-based applications facilitate the management of project documents, knowledge and invoicing process.

The leading provider of user-friendly Professional Services Automation (PSA) solutions, PlanMill Ltd, launches new, browser-based PlanMill Finance Control   and Connector for Microsoft SharePoint Portal Server applications. The new applications intended especially for project-oriented companies are part of PlanMill’s PSA solution that enables profitable project operations and cost-efficient process automatization. Finance Control   has been designed to improve the efficiency of billing management and monitoring of the order backlog portfolio. The Connector for Microsoft SharePoint Portal Server seamlessly integrates PlanMill solution with widespread Microsoft SharePoint technology. The new Connector enables efficient management and flexible sharing of project documents.

- Our new applications offer our clients an opportunity to increase the productivity of their valuable workforce and improve the profitability of their business operations, said Thomas Hood, CEO of PlanMill Ltd.

By using Finance Control, it is possible to speed up the invoicing process, to eliminate unnecessary work stages, and significantly cut back the user error rate. This result in improved cash flow, accelerated invoice processing, and decreased amount of work needed for invoicing.

The Connector for Microsoft SharePoint Portal Server enables very versatile processing and management of documents. Document creation and editing can be accomplished by using, for example, Microsoft Office applications. The strengths of the solution include efficient document template distribution functions and search and version management features that cover the entire body of materials. These features enable more comprehensive project data management, said CEO Hood.

The deliveries of the new applications will start in June, 2002.

For further information, please contact:

PlanMill Ltd
CEO Thomas Hood
Tel. +358 40 558 5138
Fax +358 9 5627 5611
thomas.hood@planmill.com

About PlanMill
PlanMill is a leading provider of user-friendly PSA (Professional Services Automation) and EPM (Enterprise Project Management) solutions. Solutions by PlanMill help project-oriented organizations to improve the control of personnel, projects and business processes, which in turn improves their productivity and profitability. PlanMill was the first PSA software in the world to receive the respected Microsoft Windows 2000 certification. PlanMill solutions have been deployed to more than 60 leading service companies and IT and R&D divisions of companies in more than 12 countries. The customers of PlanMill Ltd. include Digita, Nordea, Raiffeisen, Skandia, Sofia Digital, TJ Group, and Tecnomen. The offices of PlanMill Ltd are located in Helsinki, and the company has established an authorized dealer network to Austria, Switzerland, and Germany.

PlanMill Ltd

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