Account4.com Joins Forces with Microsoft to Capture the PSA Market; Account4's Web-Based Software Will Utilize Microsoft Technology to Enhance Knowledge Management Features.

NEWTON, Mass.--(BUSINESS WIRE)--Dec. 15, 1999--

Account4.com today announced that it has recently joined forces with Microsoft Corp. to effectively capitalize on Account4.com's 12 years of experience in the workforce management arena and Microsoft's state-of-the-art back office tools. The Account4(TM) product will use Microsoft's development tools to further enhance its features that address the rapidly growing Knowledge Management (KM) and Professional Services Automation (PSA) marketplaces.

"Account4.com will benefit from early adoption of Microsoft's emerging back office technologies," explains Dick Artus, Vice President, Marketing at Account4.com. "We will now further incorporate Microsoft technology in our Account4 PSA software to more quickly provide solutions that address the issues IT managers are facing."

As part of a joint marketing campaign, the two companies will sponsor a series of value-added seminars with a focus on the challenges and solutions involving PSA and KM for IT professionals. The seminar series kicks off February 15, 2000 with keynote speaker David Hofferberth, Practice Leader, Professional Services Automation for The Aberdeen Group.

The PSA market is hot. In a recent study published by The Aberdeen Group, David Hofferberth explains, "The worldwide market potential for PSA solutions in 1998 was valued at approximately $1.6 billion, and it should ramp up by approximately 20% annually over the next five years. Sales of PSA software solutions will have an annual growth rate of over 85% during this same period." Account4.com, with Microsoft, seeks to capture the PSA market with a premier PSA Web-based thin-client solution.

"A paramount reason Microsoft chose to work with Account4.com is the company's wealth of experience in understanding how companies manage work and resources. Being able to incorporate its in-depth understanding and apply it to innovative, high-tech solutions is where Account4.com excels," explained Stan Julien, Microsoft Knowledge Management Solutions Group manager, from Microsoft's corporate offices in Redmond, WA.

About Account4(TM):

Account4 is a thin-client (browser only) system focused on meeting the needs of Professional Services Organizations. It provides real-time access to a central repository (SQL Server) containing time and expense information, work and staff assignments, client and account profiles, other source documents, work requirements and progress reports.

About Account4.com:

Account4.com (www.account4.com) is a division of Work Management Solutions, Inc. (WMS) dedicated to Web-based business software. Established in 1987, WMS is the recognized innovator of enterprise-wide work management software. Together they provide software and services to 200,000 users in many prominent companies including Boston Edison, Keane, Inc., Mellon Bank, Omnipoint Technologies, Hitachi America, SGI, Hartford Technology Services Co., and the U.S. Department of Veterans Affairs. Account4.com has its headquarters in Newton, MA with offices in California and Florida.

Account4 is a trademark of Work Management Solutions, Inc. All other product and company names may or may not be trademarks or registered trademarks of their respective companies.