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Press Release

Tenrox And Maximal Form Alliance To Offer Comprehensive Solution For Workforce Optimization
Montreal – November 21, 2000

Tenrox, a leading provider of intuitive Web-based workforce optimization and change management software today announced that it has entered into a strategic partnership with Maximal Innovative Intelligence Ltd. (www.maxsw.com), a leading provider of business intelligence solutions. In a mutually beneficial agreement, Tenrox and Maximal will integrate and co-market their products, Tenrox PSA, an intuitive Web-based workforce optimization and change management software and Max® data analysis tool, to provide a complete solution for the constantly changing needs of businesses.

The agreement has two phases of implementation. In the first phase, Tenrox and Maximal will bundle Tenrox PSA and Max in order to provide a complete package for the full range of workforce optimization and data analysis needs. In phase two, the two companies will work together to create a seamlessly integrated solution that enables any user of Tenrox PSA to use Max to quickly and easily spot problems, trends, and opportunities hidden in the data stored inside Tenrox PSA.

"This partnership with Maximal is an important strategic move for us as it will significantly enhance Tenrox PSA and it will also provide the additional tools and resources needed to market and deliver our products," said Ara Israilian, VP business development for Tenrox. "Partnering with a company that has proven itself as an industry leader in providing data analysis capabilities for the enterprise, will enable Tenrox to be at the forefront of workforce optimization by offering data warehousing and OLAP analysis capabilities within Tenrox PSA."

Added Eran Megiddo, chief technology officer at Maximal: "We are very pleased to work with Tenrox to provide Tenrox PSA users with unprecedented easy access to expenses, project, time, expense, issue, and resource data. This agreement is an excellent result of our commitment to working with leading companies in specific industries and fields to provide best-in-class solutions."

Both Maximal and Tenrox are Certified Microsoft Solutions Providers. Rochelle Coleman, marketing manager, SQL Server 2000, at Microsoft Canada, commented: "Our policy is to encourage our industry partners to develop complete solutions that make the most of Microsoft SQL Server 2000 Analysis Services. We are delighted that Maximal and Tenrox are cooperating to bring comprehensive solutions to the market."

About Maximal

Founded in 1998, privately held Maximal Innovative Intelligence provides powerful, easy-to-use business intelligence solutions that enable organizations to quickly and easily discover the knowledge hidden in their data warehouses and gain the competitive edge. Maximal holds international patents on its core technology and on its MaxView® graphical interface. Maximal is a member of the Microsoft Data Warehouse Alliance 2000 and is a certified Microsoft ISV. The Company is also a founding member of the Analytical Solutions Forum. Maximal is headquartered in Tel Aviv, where it maintains its R&D. Its wholly owned U.S. subsidiary, Maximal Corporation, provides sales, marketing, distribution, training and customer support in North America.

About Max

Max is an easy-to-use data analysis tool. It provides a comprehensive overview in a single screen and enables non-technical business users and expert analysts alike to quickly and easily uncover problems, opportunities and trends, with minimal effort. Since its launch in June 1999, Max has carved a strong niche in the Microsoft-centric business intelligence market. Acclaimed by users, industry analysts, and media reviewers for the ease and speed of use it offers non-technical business users, Max has also been cited as a powerful enabler for expert analysts and database administrators. Max 3.0, due for commercial release in November 2000, supports all the key features of Microsoft SQL Analysis Services. It is deployable over the Intranet and Internet and in corporate portals.

About Tenrox PSA

Tenrox PSA is a completely integrated and totally Web-based project, time, expense, resource and change management application that allows employees to enter information from anywhere using a browser, email or a Windows based user interface. Similarly, managers can track a team's progress using a variety of mechanisms.

Tenrox PSA provides an intuitive, customizable and scalable suite of workforce optimization tools and applications, which facilitate the monitoring of project costs and revenues. The Suite includes the award winning Tenrox Time & Expense, Tenrox Expense Reporting, Tenrox PSA, Office Invoice, Timesheet@, Tenrox Incident Management, Tenrox SDK, and much more.

About Tenrox

Tenrox empowers client companies to meet the challenges of globalization, enterprise fragmentation and increased regulatory scrutiny. Available on-demand or on-premise, Tenrox project workforce management solutions have served more than 800 organizations in 50 countries, maximizing efficiency, data security and reliability. Since 1995, Tenrox has served organizations such as Rio Tinto Alcan, E*TRADE Securities , First National Bank, Visa, Hydro Quebec, Invensys Systems Canada, Major Drilling, Pioneer Natural Resources, US Army, The Pentagon, Talisman Energy, University of Michigan, Northrop Grumman, Oxfam, Thermo Fisher Scientific, Estee Lauder and Wyeth. Tenrox software is available through direct sales channels and a network of worldwide partners. For more information about the company or its award-winning family of products, go to www.tenrox.com.

Media Contact:
Marie Melchiorre
Tenrox Public Relations
877-483-6769 Ext. 4603
publicrelations@tenrox.com


 

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