Account4 President John Lucas Named to National Advisory Board; Position is Latest Demonstration of Leadership for PSA Visionary.

Business/Technology Editors

NEWTON, Mass.--(BUSINESS WIRE)--May 9, 2001

Account4, Inc., a leading developer of professional services automation solutions, announces that John J. Lucas, President & CEO, has accepted a position on the National Advisory Board for President's Strategies & News magazine, a Hughes Communications publication. This nomination, combined with his recent address to Spring 2001 InformationWeek conference attendees and upcoming speeches at ProjectWorld Boston & Chicago, further demonstrates Mr. Lucas' thought leadership role in the emerging PSA marketplace.

Mr. Lucas joins fellow Advisory Board Members from companies such as AT&T Business, J.D. Edwards, Yankee Group Research, and the National Association of Computer Consultant Businesses. Board members are asked to be available to President's Strategies & News editorial staff as expert sources for articles in their areas of expertise.

Drawing from his extensive background in project & workforce management systems, Mr. Lucas pioneered the concept of Web-based workforce management. This type of system is now commonly known as Professional Services Automation (PSA) by leading business, research, and investment analysts. Mr. Lucas was selected based on his extensive software development management experience and his vision for the future of PSA.

"Given Mr. Lucas' experience and the Company's track record in providing solutions to growing businesses, we believe Mr. Lucas will be a valuable source of information to our readers," said Charlie Plumb, Senior Editor of President's Strategies & News.

Mr. Lucas is a frequent speaker in a variety of forums, including the last three InformationWeek conferences. His most recent engagement was the Spring 2001 InformationWeek presentation "Emerging Professional Services & IT Management Trends: Using the Internet to Automate Professional Services Delivery."

Mr. Lucas will also share his expertise at the upcoming ProjectWorld Conferences in Boston and Chicago by discussing hot PSA related topics. His speeches "Why Traditional Project Management doesn't Work for Today's Professional Workforce" and "Total Economic Impact of PSA" will address new trends and financial benefits of PSA.

About Account4:

Account4(R) software is a complete PSA solution for professional services organizations (PSOs) and corporate information technology (IT) departments. It supports the core business processes associated with Business Development, Service Delivery and Administration, and helps these organizations successfully manage projects and increase the utilization, productivity, effectiveness, and retention of their workforces. Account4 was the first fully integrated, 100% Internet-based PSA solution. It offers a pure HTML user interface with no Java or ActiveX.

For more than 14 years, Account4, Inc. (www.account4.com) has provided software and related consulting services, to over 175 companies and more than 325,000 licensed users. Our premier customer base includes: Verizon, Kmart, SGI, Radio Shack, NSTAR, Mellon Bank, The Hartford, Chase Manhattan, CNA Insurance, INTRIA-HP, ConEdison, Viacom and FileNET.