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Press Release |
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Miranda Technologies Selects Tenrox Timesheet to Enhance its Billing Process and Project Budgeting System Tenrox, the leading provider of workflow-driven timesheet solutions, today announced that Miranda Technologies Inc. (TSX: MT) has purchased Tenrox Timesheet for Time & Billing to support its R&D and professional services operations. Tenrox was chosen for its advanced functionality such as its ability to capture and structure detailed time and billing information by client and project, and its ability to accommodate Miranda's business processes on an international scale with many business units and foreign currencies, all in a single application. "Tenrox Timesheet for Time & Billing was the best available product that could accommodate all of the business processes we required in a single application," said Richard Bisson, Vice-President, Information Technology at Miranda. "Because this system is specifically designed to meet our growing needs, it is best suited to support our accelerated growth, improve productivity and ensure quality of service." Tenrox Timesheet also constitutes a good tool to evaluate actual project costs. "Data provided by the Tenrox Timesheet system will allow us to increase the accuracy of our forecasts and improve our budgeting process," added Mr. Bisson. About Miranda Technologies Miranda Technologies Inc. (TSX: MT) develops, manufactures, and marketshigh-performance hardware and software for the television broadcast industry.Its solutions are purchased by content creators, broadcasters, specialtychannels, and television service providers to enable and enhance the transition to a complex multi-channel digital and HDTV broadcast environment. This equipment allows customers to generate additional revenue, while reducing costs through the more efficient distribution and management of content, as well as the automation of previously manual processes. Miranda employs over 400 people at its Montreal headquarters and in its offices located in Wallingford (U.K.), Paris (France), Tokyo (Japan), Hong Kong, Beijing (China), and Springfield (New Jersey). Miranda became a public company in December 2005, and is listed on the Toronto Stock Exchange. For more information on Miranda Technologies, please visitwww.miranda.com 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:
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