OpenAir CEO to Speak at Pacific Crest On-Demand Conference


SAN FRANCISCO, CA--(Marketwire - February 27, 2008) - Morris Panner, CEO of on-demand project management pioneer OpenAir, will be speaking at the 3rd Annual Pacific Crest On-Demand Conference, taking place here on February 28.

Morris will discuss OpenAir's highly successful models of on-demand growth and success before an invite-only audience that includes thought leaders from across the software, high technology, venture capital and investment banking world.

"OpenAir has been on the forefront of a dramatic sea change in the software world, and I'm looking forward to discussing our successes with such an accomplished crowd," said Panner.

The conference features keynotes by Marc Benioff, Chairman & CEO of Salesforce.com and Zach Nelson, President & CEO of NetSuite. Other participating companies include SAP, Salary.com, and EMC.

About Pacific Crest

Pacific Crest Securities is an investment banking firm that focuses exclusively on technology and conducts equity research, institutional sales and trading, M&A advisory, and public and private financings. The firm's highly focused and collaborative approach gives it an unparalleled depth of knowledge and unique ability to identify the key emerging technology trends for North America's and Europe's largest institutional investors, venture capitalists, and technology companies. Pacific Crest has received numerous awards for its expertise, including Institutional Investor's "Best of the Boutiques" award for its technology research in each of the past six years and Greenwich Associates' #1 technology sales group ranking for each of the past three years. Headquartered in Portland, Ore., Pacific Crest also has offices in San Francisco, Calif., Stamford, Conn. and Boston, Mass. More information about Pacific Crest can be found on the firm's Web site at www.pacific-crest.com.

About OpenAir

OpenAir is the world's leading provider of on-demand project management software. Offering both Professional Services Automation (PSA) and Project Portfolio Management (PPM) solutions, OpenAir provides project-based organizations and firms the tools they need to grow their businesses quickly and profitably. Providing enterprise-level functionality for businesses of all sizes, OpenAir has more than 40,000 active users across 300 world class firms utilizing the software to better capture billable time, manage projects and resources and bill customers. Coupled with a team of highly experienced consultants from some of the world's leading services firms, OpenAir PSA and OpenAir PPM drive higher profits through improved utilization, visibility and data collection. To learn more or schedule a demo, please visit www.openair.com.

Contact Information: Press Contact: Victor Cruz 508-655-4397 vcruz@mediapr.net