AberdeenGroup, Account4.com, and Microsoft Host First Professional Services Automation -PSA- Seminar; Educational focus and solid content makes seminar a huge success.

Business/Technology Editors

NEEDHAM, Mass.--(BUSINESS WIRE)--Feb. 17, 2000

The growing momentum of the Professional Services Automation (PSA) market was further heightened by Tuesday's highly successful seminar hosted by the AberdeenGroup, Account4.com, and Microsoft. This first-of-its-kind seminar explored the nature of the quickly growing PSA market, and discussed the industry's top-tier PSA providers. The half-day event brought together leading PSA analyst David Hofferberth of Aberdeen, David Young from Microsoft, and John Lucas, President and CEO of Account4.com. The event was well attended by senior IT professionals throughout Boston, who came to learn more about a new breed of software that is generating a lot of interest among Professional Services Organizations (PSOs).

The PSA seminar created a forum for leading industry experts to share their knowledge and ideas with top executive players in today's premier professional services organizations and IT consulting firms. &uot;Because the seminar was based on objective content from three highly regarded speakers, Dave Hofferberth, David Young, and John Lucas, the meeting had a distinct educational focus,&uot; said Dick Artus, Vice President of Marketing at Account4.com. &uot;We believe that before a person invests in enterprise-wide software, education on the marketplace is extremely valuable. The goal of this seminar was to explore new thinking for the management and delivery of professional services and to demonstrate how PSOs can benefit from the tools that are available,&uot; continued Artus.

With the demand for consulting services rising 20% on an annual basis, PSOs are realizing the need to embrace PSA or be left behind as competitors automate core business processes. The attendees walked away from the half-day event with an enriched knowledge of the benefits that can be realized from PSA, such as increased resource utilization, reduced cost of engagements, a shorter billing cycle, and the ability to forecast business opportunities - allowing for better internal operations and significant bottom-line savings for both the PSO and its clients.

About Account4(TM):

Account4 is Web-based, thin-client (browser only) software focused on meeting the business needs of Professional Services Organizations and large IT shops. Account4 is designed to organize, track, and manage opportunities, committed work, resources, assets, time, and expenses for workgroups.

About Account4.com:

Account4.com (www.account4.com) is a division of Work Management Solutions, Inc. (WMS) dedicated to Web-based business software. The company has provided enterprise-wide software solutions for Professional Services Automation and IT Management for over 13 years. Account4.com is headquartered in Newton, MA with offices in California and Florida.