Cambridge Interactive Changes Name to PowerSteering Software, Inc.; Name Change Reflects New Direction for Cambridge-based Software Company.Business/Technology Editors CAMBRIDGE Cambridge, city, Canada Cambridge (kām`brĭj), city (1991 pop. 92,772), S Ont., Canada, on the Grand River, NW of Hamilton. It was formed in 1973 with the amalgamation of Galt, Hespeler, and Preston, all founded in the early 19th cent. , Mass.--(BUSINESS WIRE)--Oct. 31, 2000 In a move designed to maximize the momentum of its PowerSteering brand, Cambridge Interactive announced today that it has changed its name to PowerSteering Software, Inc. The new company name reflects this privately held company's complete focus on delivering a best-in-class See best-of-class. software platform for managing work on the Web. Its flagship PowerSteering software is available today in both a convenient application service and an open, extensible, enterprise-class software platform. "The PowerSteering name symbolizes the control our software provides to customers who manage mission-critical projects with extended teams," explained Andy Singleton sin·gle·ton n. An offspring born alone. singleton Medtalk One baby. Cf Triplet, Twin. , chief executive officer of PowerSteering Software, Inc. "It communicates the way we help our customers drive success by mobilizing mobilizing, v 1. freeing or making loose and able to move. 2. observing any ongoing movements in a client's body, whether small or large, assisted or not, that identify strengths and weaknesses, as well as the client's physical and teams across departmental and organizational boundaries, providing structure for collaborative col·lab·o·rate intr.v. col·lab·o·rat·ed, col·lab·o·rat·ing, col·lab·o·rates 1. To work together, especially in a joint intellectual effort. 2. work, and focusing on the achievement of important goals with significant financial impacts." PowerSteering Software delivers the key capabilities of on-line collaboration Working together on a project. See collaborative software. , project management, and line-of-sight visibility into work results. Together, these capabilities allow employees, suppliers, customers, and partners to focus on a shared goal, and to work together seamlessly to achieve it. Over 35 global organizations use PowerSteering's products and services to drive the achievement of mission critical goals. About PowerSteering Software, Inc. PowerSteering Software, Inc. is a leading provider of software and application services See ASP and Web services. for managing and coordinating work on the Web. All of PowerSteering Software's products and services aim to bring together teams, departments, and entire companies including outside partners and suppliers to achieve their goals faster, more cost effectively and more efficiently. PowerSteering Software was founded in Cambridge, MA, as Cambridge Interactive in 1994. For more information, visit PowerSteering Software on the web at www.psteering.com. |
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