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Project.net Announces Source Code Availability of its Commercial Open Source Project and Portfolio Management Application.


BEDFORD Bedford, town, England
Bedford, town (1991 pop. 75,632), county seat of Bedfordshire, central England, on the Ouse River. It is an important industrial center; diesel engines, pumps, turbines, agricultural machinery, electrical equipment, and transistors
, Mass. -- RFPs increase by five times and daily web site traffic triples in first six weeks since announcing initiative to introduce the first commercial open source project management product

Project.net Project.net is an open source, open standards, enterprise scale project management application for Microsoft Windows and Unix-like operating systems. Project.net is free to use, but support and training are available from Project.net Inc. , the leading provider of commercial open source project and portfolio management applications (PPM), today announced that the source code for its PPM product is now available for download To receive a file transmitted over a network. In any communications session, "download" means receive, and "upload" means send. The download/upload often implies a big/little scenario, in which data is being downloaded from the "big" server into the "little" user's computer.  at http://www.project.net

In the six weeks since announcing the initiative to open source its enterprise-class PPM offering, Project.net has seen a significant increase in prospect, partner, investor and customer interest. RFPs have increased by five times. Partner opportunities have increased dramatically, and daily web site traffic has tripled.

"Choosing open source software delivers a true competitive advantage," said Jon 'Maddog' Hall, executive director of Linux International Linux International, also known simply as LI, is a worldwide, non-profit association of groups, corporations and others that work towards the promotion of growth of Linux and FOSS. It is headed by Jon "maddog" Hall. External links
  • The website of Linux International
. "Savvy Savvy® Gynecology A contraceptive vaginal gel that ↓ transmission of STDs–eg, HIV, chlamydia, gonorrhea. See Contraceptive.  organizations are beginning to bet their business on the flexibility and quick turnaround Turnaround

A situation where a company that has had poor performance for an extended period of time experiences a positive reversal.

Notes:
A speculator may profit from a turnaround if he or she accurately anticipates the improvement of a poorly performing company.
 on extending open source software like Project.net."

More than 50,000 users in Global 2000 companies currently rely on Project.net's PPM solutions to improve project execution across the enterprise, resulting in dramatic time and cost savings for their organizations. Project.net's open source initiative - the first of its kind based on a commercial PPM product - provides the company with a unique strategic position for capturing a greater share of the growing PPM market. Project.net also aims to stimulate innovation and increase adoption of PPM applications by making its PPM offering more affordable, accessible, and flexible to customize.

"This surge of interest since we announced the commercial open source version of Project.net demonstrates the market growth opportunities we expected, as well as the strong demand for access to robust yet affordable project management solutions," said Peter Winston Peter Jonathan Winston was born on March 18, 1958, in New York City. He was an American chess player. In 1974, he shared first prize in the U.S. Junior Chess Championship.

He is most famous for his mysterious disappearance in early 1978.
, Project.net's CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. . "Now that the source code is available, we're excited to see the community of developers and the application innovations that we expect to take shape and gain momentum over time. Project.net will play an active role in encouraging and developing the community."

About Project.net

Project.net, a commercial project and portfolio management application with more than 50,000 users in Global 2000 companies worldwide, helps companies realize dramatic cost and time savings by enabling them to improve project execution across the enterprise. Project.net is available in both enterprise and commercial open source versions, addressing the needs of a broad range of organizations, from those requiring commercial quality support and services to users seeking free and open access to an enterprise-proven project and portfolio management solution.
COPYRIGHT 2006 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Apr 4, 2006
Words:415
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