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Bedford, MA – April 4, 2006 –Project.net, 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 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. “Savvy organizations are beginning to bet their business on the flexibility and quick turnaround 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, Project.net’s CEO. “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.
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