ST. LOUIS, MO, November 27, 2007 – Butler Group, Europe's leading IT research and analysis organization recently completed a detailed audit of the newly upgraded VPMi Professional for project, portfolio, and resource management.  The VPMi Professional is the latest in Internet Software as a Service (SaaS) tools designed to help manage company work and people thus allowing suppliers, clients, and employees to reach their full potential.  Butler Group subscribers can access the report from their web site and non-subscribers can purchase a copy for a fee.

"The SaaS model, whereby software functionality provided by a third party is accessed over the Internet as opposed to being installed within the user’s organization, has attracted growing interest" states Tim Jennings of the Butler Group.  "Improvements in infrastructure, application design, and business models mean that in contrast to the flawed premise of the Application Service Provider (ASP) movement at the beginning of this decade, SaaS has become a viable choice."

"Although we have seen dramatic growth in our small business VPMi Express solution, our flagship product is still the VPMi Professional" said Jeff Pupillo, co-founder of VCSonline.  "Many people see us as an overnight success but the truth is we started web-based project management nearly 10 years ago.  Still it is validating to have leading industry analysts confirm many of the things our customers have been telling us since 1998.  I believe it is an excellent piece of research and people will be enlightened by this report."

“This is a great day for VCSonline" said Nick Matteucci, co-founder of VCSonline.  "As a company not bankrolled by venture capitalists we can't afford to advertise dollar for dollar with Microsoft, Daptiv, Planview, ChagePoint, or Computer Associates.  For 10 years we have relied on better products and services to gain word of mouth references.  Obviously, with this type of industry recognition our prospects now have another source of quality information from which to leverage in this important decision process."

About VCSonline

VCSonline (www.vcsonline.com) is a St. Louis-based corporation that delivers simple, sensible, and secure web-based project, program, portfolio management solutions that revolutionize client, team and executive communication. With VCSonline products and services, organizations can increase efficiency through the proven power of SaaS at a low total cost of ownership.

About VPMi Professional

VPMi Professional 3.6 is a web-based project portfolio management solution allowing project centric organizations to collaborate with clients, suppliers, and staff in order to improve revenues, decrease expenses, and improve customer satisfaction.  The latest version of the VPMi simplifies project setup, boosts industry leading human resource management, and creates Blackberry® ready reporting.

About Butler Group

Butler Group (www.butlergroup.com) is Europe's leading independent IT Research and Advisory organization. Its mission is to ensure that its clients are the most comprehensively informed IT and business managers on current, emerging, and future technology matters, and their impact on business - in short, 'Analysis without compromise'. Butler Group has established an enviable reputation for the impartiality and incisiveness of its research and opinions. This is evidenced by a client base encompassing over 40% of the top 100 companies in each of Butler Group's key markets.
 

If you'd like more information on this topic, or to schedule an interview with Nick Matteucci, please call Greg Tilley at 636-391-7087 or email Greg at gtilley@vcsonline.com