Projectmates® releases Version 10.0 with Enhanced Financial Reporting Capabilities and Improved Performance and Profitability

Dallas, Texas, [December 16, 2009] – Systemates, Inc. released its latest version of their Construction Management Software - Projectmates V10.0 that comes with a fully-loaded financial module and an effective project progression tracker tool – Earned Value Management. With a cache of offerings concentrated in the financial module, this new version is set to ‘wow’ users, especially those with a soft spot for financial reporting. Projectmates make-over includes enhanced navigational tools, redesigned dashboards in portfolio management and a better ordered and tabbed budget that facilitates an enhanced user-experience and better visibility over budget. Like its predecessors, V10 is a product of company initiative for continuous improvement and valuable customer feedback, and provides many upgrades for customers to enjoy in 2010.

Customers have already begun to rave about the layout, ease-of-use and monitoring capabilities of the software. “Our customers play a vital role in our growth and we incorporate a lot of their ideas and needs when we develop our new releases.” says Hemant Bhave, Vice President of Systemates, adding that the new Earned Value Analysis tool in V10 helps project managers avert problems ahead of time, rather than letting the problem snowball into an unmanageable issue. With large government contracts now requiring the use of Earned Value Management to compare expected against actual at given checkpoints, Systemates takes lead in offering this important tool to its users in Projectmates V10.0.

The major upgrades that Projectmates users can look forward to in Version 10.0 are:
• Revamped Budget Tracking Management – Easy grouping and ordered tabs allow for effortless navigation, and editing only requires half the number of clicks now.
• New Earned Value Analysis – Additional financial tool to calculate cost against schedule, aides in tracking project progress.
• Improved Portfolio Management – One portfolio can arrange unlimited reports to share with other team members.
• New Issue Tracking (Risk Management) – Tag and track all issues and contingencies so nothing falls through the cracks.

About Systemates, Inc.
Founded in 1995 by leading architects and software engineers, Systemates developed Projectmates to equip owners and owner’s representatives with a secure, sophisticated Web-based construction management software solution. Projectmates’ collaborative platform dramatically improves project execution and cuts costs and delays, increase accountability and reduces risks. With its cutting edge technology, Projectmates creates one seamless platform for managing the complete lifecycle of a building, from planning, bidding, and building to maintaining the facilities. Over 25,000 users from organizations such as Retailers, Real Estate developers, Educational and Government agencies rely on Projectmates to manage billions of dollars in capital construction programs. Systemates is privately held and headquartered in Dallas, Texas. To learn more about Projectmates by Systemates visit www.projectmates.com. To learn more about Projectmates by Systemates visit www.projectmates.com.

For more information contact:
Hemant Bhave
Systemates, Inc.
Dallas 214-217-4100
www.Projectmates.com

Systemates and Projectmates are trademarks or registered trademarks of Systemates, Inc.

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