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PowerSteering Software Announces Exceptional 3rd Quarter Results

10/08/2009

Achieves Critical Sales, Contract Renewal and Financial Targets

Cambridge, MA (PRWEB) October 8, 2009 -- PowerSteering Software, the leader in on-demand project & portfolio management (PPM) solutions for managing IT, New Product Development, Six Sigma, Corporate PMOs and other enterprise initiatives, today announced outstanding third quarter results for bookings, revenue, profit and cash objectives.

"We're delighted to see such stellar performance continue uninterrupted amidst the current economic environment," noted Stephen Sharp, PowerSteering's Chief Executive Officer. "PowerSteering's configurability, ease-of-use and high adoption positions us well to meet the business-driven demand for PPM software we're seeing from across the enterprise."

PowerSteering's Q3 accomplishments include:

Added several new customers including Amcor, Associated Hygienic Products, BP Solar, Florida Power and Light, ICOR Partners and United Airlines Released version 7.1 with new Visibility, Reporting and Resource Management capabilities to increase portfolio value Introduced an innovative installed software trade in program - "SaaS for Clunkers" Presented thought leadership webcasts on "Achieving Stimulus and Grant Management Transparency" and "Mercy Medical Center's Lean Prescription"

About PowerSteering Software

PowerSteering Software is the leader in On-Demand Enterprise PPM software for IT, New Product Development, Six Sigma and other enterprise initiatives. Its easy-to-use software provides executives at Best Buy, Clorox, Department of Navy, Ingersoll Rand, Merck, Office of the Secretary of Defense, PolyOne, United Health Group, and over 140 other customers with executive visibility, strategy alignment, and enhanced team productivity to drive strategy and accelerate results across the enterprise. For additional information, please visit www.powersteeringsoftware.com or call 1-866-390-9088.

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Read the full story at http://www.prweb.com/releases/ppm-software/portfolio-management/prweb3011324.htm.