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R5 Vision and PlanMill to cooperate

Press Release October 10, 2002 - The distinguished e-learning specialist company R5 Vision Ltd and the developer and supplier of user-friendly PSA (Professional Services Automation) solutions PlanMill Ltd—a Finnish subsidiary of TJ Group Plc—will start cooperation in October, 2002.

The cooperation will be started in two stages. During the first stage the companies will install their systems for use in production. During the second stage, the companies will use customer feedback to create service packages that further facilitate the customer companies' efforts to improve the control of their staff, projects and business processes, and thus improve their productivity and profitability.

One objective of the partnership is to ensure the high technical quality of services and software products produced by R5 Vision and PlanMill. Furthermore, as stated in the letter of intent signed by R5 Vision and PlanMill, the companies can still offer each others' services and applications to their customers.

"PlanMill is a valuable partner to us, as the cooperation enables us to further expand our offerings in the fields of information resource management related to learning and working. By joining the offerings by PlanMill and R5 Vision, we'll get interesting new opportunities to develop user-friendly solutions for cost-efficient functional integration of learning and working environments," says Esko Liimatta, the Vice President of Technology at R5 Vision.

"By using the flexible and cost-efficient R5 Generation technology implemented by R5 Vision, we can rapidly bring new customer-oriented service packages to the market. Additionally, we can also see new opportunities for cooperation in the field of e-learning and content production," says Thomas Hood, the CEO of PlanMill Ltd.

For further information, please contact:

CEO Thomas Hood, PlanMill Ltd
Tel. +358 40 558 5138 or e-mail thomas.hood@planmill.com

R5 Vision Ltd
Vice President, Sales & Marketing Jari Kostiainen, R5 Vision Ltd
Tel. +358-40-760 1060 or email jari.kostiainen@r5vision.com     

About PlanMill
PlanMill Ltd is a leading provider of user-friendly PSA (Professional Services Automation) and EPM (Enterprise Project Management) solutions. Web-based 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. More information from: www.planmill.com

About R5 Vision 
R5 Vision Ltd is Finland's leading expert in e-learning. Our solution consists of pedagogical, technological and content production consultation. The company is well-known for its versatile and flexible e-learning platform, R5 Generation. Our customers include Fennia, Tapiola, Training Centre for Insurance Business, POHTO, Pardia, The National Board of Patents and Registration of Finland, Rautaruukki, The Virtual Polytechnic, Sitra, National Defence College and the Virtual University of Poland. More information from: www.r5vision.com

PlanMill Ltd

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Info: info@planmill.com