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Meridian Releases New Web Services Platform For Managing Real Estate, Construction, and other Physical Infrastructure Initiatives

Proliance 2.0 uniquely serves building owners, construction and facility professionals who need to optimize project lifecycles and meet corporate governance requirements

FOLSOM, Calif. (July 22, 2004) — Meridian Project Systems® announces the availability of Proliance® 2.0, the next version of its web-based solution for optimizing project lifecycles for real estate, construction, and other physical infrastructure initiatives. Proliance optimizes project lifecycles and automates business processes for real estate, construction, and other physical infrastructure initiatives.

Proliance uniquely combines complete Project and Portfolio Management (PPM) functionality, Business Process Management and a Business Intelligence layer in one comprehensive solution. Proliance is designed for large business enterprises that rely on physical infrastructure to deliver their core business, whether that infrastructure is manufacturing facilities, retail outlets, office buildings or transportation systems.

Meridian enhanced Proliance 2.0 to help corporate real estate, construction, and facility professionals solve key business challenges:

Combining Scope, Budget and Schedule
Companies today rely on several single-purpose applications to answer the basic questions of: 1) what is the scope of a project or program, 2) what will it cost and 3) when will it be complete.

  • Proliance addresses this problem by consolidating all the point applications used by building owners and their construction community and replacing them with one, comprehensive solution, lowering total cost of ownership and training costs.

Improved Visibility Into Corporate Performance
Separately collected and stored operations and cost data make it difficult for corporate managers to get a complete view into the performance of infrastructure projects and programs across an organization.

  • Proliance enables real-time visibility into company performance by tracking project and program scope, budget and schedules in one, comprehensive solution, eliminating disconnected silos of data. Additionally, Proliance provides intelligent document management, facilitating communication between internal project teams and outside suppliers.

Corporate Governance Compliance
Compliance with corporate governance policies is requiring organizations to put new processes in place and verify financial data.

  • Proliance enables standardized business processes through a sophisticated workflow engine and audit trails, improving organizational efficiency and simplifying corporate governance compliance.

Proliance combines a comprehensive suite of project and program management applications with a powerful Service-oriented architecture (SOA) built on Web services and XML technology. This benefits customers by leveraging a common look and feel across all applications, and seamless data sharing between them. Proliance version 2.0 improvements include new program management features, a collaborative scheduling application, and field management capabilities.

The Proliance technology platform allows projects with common configuration requirements and business purpose to be grouped together as a program. This program management capability creates efficiency by globally applying a common workflow, security model, and other profile traits (such as document templates, cost categories, shared views, and custom print layouts). Changes to these configuration items are immediately applied and visible to all projects within the program. And reporting and analysis are quick and simple across all, or a subset of, the projects within a program.

The Proliance Scheduling business application is fully integrated on the Proliance platform, providing customers a single entry point to analyze scope, budget and schedules in a single Web native solution. Proliance Scheduling manages multiple CPM schedules in a single project and within an entire program, providing all project stakeholders a collaborative method of sharing pertinent schedule updates.

Leveraging Microsoft® Office 2003, XML and Web services, Proliance provides end users familiar Microsoft Word and Excel interfaces into project information, while delivering the corporation a controlled and secure, yet flexible method of integrating an enterprise PPM solution over the Internet with local desktops. This integration between Proliance and Office 2003 can reduce the thousands of files stored locally on desktops and never aggregated, analyzed or archived for corporate reference.

"Optimizing project lifecycles is about linking essential infrastructure operations so that companies can manage facility development to improve top line revenues and decrease bottom line spending," said Jim Olsen, Meridian chief executive officer. "Proliance uniquely enables corporate infrastructure professionals to dramatically improve organizational efficiency and simplify corporate governance compliance issues."

For a complete overview of Proliance, join Meridian President and Cofounder John Bodrozic and the Meridian product management team for a free one-hour webinar on how to optimize project lifecycles and meet corporate governance requirements with one, comprehensive solution. R egister before Aug. 11 th; visit www.MeridianSystems.com /Proliance or call 800.850.2660.

About Meridian Project Systems
Meridian Project Systems provides enterprise solutions to industries managing real estate, construction, and other physical infrastructure initiatives. Meridian solutions are used by more than 8,500 of today's large building owners, government agencies, and engineering and construction firms to effectively improve top line revenue growth while reducing their capital construction costs. Meridian uniquely provides both traditional software and hosted ASP solutions, and ranks as a market share leader in project management software among general contractors with over $100 million in revenue*.

Meridian has an impressive track record of revenue growth over its 11-year history, and has been repeatedly recognized as a Constructech Magazine Hottest Technology company. Meridian is headquartered in Folsom, Calif., with additional offices in Düsseldorf, Germany; Vancouver, British Columbia; and Sydney, Australia. For more information, call Meridian at 1-800-850-2660, or go to www.MeridianSystems.com .

*Statistics excerpted from CFMA's 2004 Information Technology Survey for the Construction Industry, fourth edition with the permission of the Construction Financial Management Association, Princeton, NJ, 609-452-8000.

Meridian Contact
Sue Watkins, Director of Marketing
swatkins@meridiansystems.com


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