OpenAir Debuts Enhanced International Functionality at Major European Conference

BOSTON, MA--(Marketwire - April 9, 2008) - OpenAir, the world's leading provider of on-demand project management applications, announced enhanced multi-currency functionality for expense reports at Technology Services Europe 2008 in Paris.

With the addition of multi-currency capabilities to its expense grid, OpenAir offers the most robust, real-time multi-currency functionality in the industry. Updated nightly, OpenAir exchange rates reflect market values and are historically retained based on transaction date. Companies may also override market rates to represent unique business scenarios.

"OpenAir is the clear choice for multi-national services organizations," said OpenAir CEO Morris Panner. "Now more than ever, organizations are spanning the globe as they expand their business and workforce, and we support them with rich multi-currency, multi-language and multi-tax functionality."

With many successful enterprise deployments to its name, OpenAir can support organizations that span the globe.

"Increasingly, enterprise companies are selecting Software-as-a-Service (SaaS) vendors," said Larry Goldberg, VP of Professional Services at OpenAir. "Our rapid deployments and affordable implementation costs coupled with our depth of functionality are continually winning over large-scale, multi-national firms."

In addition to the Paris event, OpenAir will be showcasing this and other powerful international functionality on May 7 and 8 in London at the Barbican Center during Salesforce.com's Dreamforce Europe.

For more information please contact OpenAir sales at sales@openair.com.

About OpenAir

OpenAir is the world's leading provider of Software-as-a-Service (SaaS) 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: Kevin Gilbert Marketing OpenAir, Inc. Phone: 617.351.0226 Fax: 617.904.1617 kgilbert@openair.com