OpenAir to Present at Canaccord Adams On-Demand Software Conference 2008


BOSTON, MA--(Marketwire - May 14, 2008) - OpenAir, the world's leading provider of on-demand project management software, announced today that CEO Morris Panner will present at Canaccord Adams's "On-Demand Software Conference 2008," on May 15 in New York City.

"OpenAir represents the leading edge in on-demand innovation and success," said Panner. "We're pleased to have been asked to present to such a prestigious group."

The invitation only conference will be held Thursday, May 15 at the Waldorf-Astoria hotel in New York. For more information, please visit: http://www.canaccordadams.com/aboutus/events.htm.

ABOUT CANACCORD ADAMS:

Canaccord Adams is a leading independent financial services firm committed to fostering the entrepreneurial economy by bringing corporate and institutional clients a unique perspective on global investment opportunities. With operations in research, sales and trading, and investment banking, our 225 professionals seek out emerging opportunities in our key sectors -- Mining and Metals, Energy, Technology, Life Sciences, Consumer, Real Estate, and Industrial Growth. Located in ten offices internationally, our experienced team generates focused, actionable ideas that identify opportunity and facilitate growth. Canaccord Adams, the international capital markets division of Canaccord Capital Inc., has operations in Toronto, London, Boston, Vancouver, New York, Calgary, Montreal, San Francisco, and Houston.

More information is available at www.canaccordadams.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 42,000 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: Buckley White 650.980.0677 bwhite@openair.com


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