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Meridian Announces New Management Appointments

Meridian Project Systems appoints Business Development Senior Director and AEC Field Sales Director

FOLSOM, Calif. (February 5, 2004) — Meridian Project Systems® (Meridian), a leading provider of project management software and ASP solutions, announces the appointment of Mark Breunig as its Senior Director of Business Development, and Geene Alhady as its AEC Field Sales Director.

Meridian provides the most comprehensive solution portfolio for today’s diverse marketplace. Its AEC (architecture, engineering and construction) industry standards Prolog® Application Suite and ProjectTalk® were joined last year by Proliance®, the first Business Process Management (BPM) solution for global enterprises who design, procure, construct and maintain large capital construction programs. Meridian' management appointments support its continued expansion into multiple markets.

"With the introduction of Proliance as an enterprise real estate, construction and facility lifecycle solution, the number of opportunities for new partnerships is tremendous," observed John Bodrozic, Meridian president and cofounder. "Mark will lead the development of these relationships with strategic systems integrators, technology partners, and industry alliances. These partnerships will extend Meridian products and brand while providing our customers complete solutions to their business management needs," finished Bodrozic.

Breunig comes to Meridian with a 20-year track record of business development, legal and channel sales experience. Prior to coming to Meridian, Breunig developed extensive skill in relationship-building with PerformanceRetail, a global leader in retail automation software solutions. As the company's general legal counsel and director of partner programs & business development, Breunig negotiated and implemented a number of key strategic alliances with top-tier software and hardware vendors and integrators. As director of business development at Acuity Corporation, Breunig signed and managed more than 14 strategic alliances critical to the company’s successful IPO in 2000. Prior to that, Breunig ran the Worldwide Channel Alliance Program for Objective Systems Integrators, Inc. (NASDAQ: OSII), managing 16 key partnerships responsible for more than $20 million in OSI annual revenue. Breunig obtained a Bachelor of Science degree in Business Administration, Financial Management from California State University, Long Beach, and is licensed to practice law in the state of California.

An Meridian veteran, Geene Alhady will continue seasoned sales leadership in his new position. “The combination of Geene's industry experience with ENR-ranked McCarthy Building Co. has been vital to his success,” said Al Marshall, Meridian vice president of sales. “His proven track record in growing Meridian' customer base will allow him to further expand Meridian' long-standing presence in the AEC industry."

Alhady has managed Meridian sales departments since 1998. He transitioned the direct sales department from regional sales representatives to nationally-focused account managers. Alhady developed relationships with Fluor Corporation and other ENR Top 25 ranked AEC firms, as well as the Dallas Fort Worth Airport. As Meridian Channel Manager, Alhady more than doubled channel revenue from the previous year. Prior to joining the Meridian team, Alhady served McCarthy for nearly a decade as a project engineer and project manager. Alhady holds a Bachelor of Science degree in Construction Management from California State University, Chico.

About Meridian
Meridian Project Systems (Meridian) develops project management solutions that improve financial performance and reduce risk on large corporate real estate projects and other capital-intensive construction initiatives. More than 8,500 of today's leading business enterprises, government agencies, and AEC (architecture, engineering, and construction) firms use Meridian products to accurately plan, budget, and track all aspects of the real estate project life cycle.

Meridian is also unique in providing both self-hosted software and hosted ASP-based solutions, and ranks as the market share leader in project management software and collaboration software used by construction companies with over $250 million in revenue*.

In the Business of Projects since 1993, Meridian appeared on Inc Magazine's INC 500 list of fastest growing companies in the United States in both 2000 and 2001. Meridian is headquartered in Folsom, Calif., with offices in Düsseldorf, Germany; and Vancouver, British Columbia with additional representation through its global channel partner network in locations around the world.

Media Contact
Sue Watkins
Director of Marketing
Meridian Project Systems
swatkins@meridiansystems.com


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