AtTask Momentum Continues Through Q2 with Increased Revenue Growth, Strong Customer Acquisition, and Project Management Software Innovation

July 21, 2009 adambaker

OREM, Utah-July 21, 2009—AtTask, the definitive solution enabling organizations to collaborate and accomplish the work most essential to the enterprise, continued to enjoy year-over-year sales growth in Q2. Strong customer acquisition fueled AtTask's growth as organizations including Driscoll's, Johns Hopkins, National Geographic, Penn State, Simmons Foods, Verizon Wireless, and others choose AtTask’s project management software to align business goals with project execution.

Global successes in Europe, the Middle East and Africa (EMEA) exceeded all projections as international organizations including BELRON, Netcel, and The Oxford Research Group turned to AtTask for real-time global collaboration and project management. Forward-looking, visionary organizations in Japan and China, including PICC Investment, China State Construction Engineering Corporation, and Shanghai Electric Nuclear Power Equipment chose AtTask for innovative PPM technologies to facilitate collaboration and keep project teams focused on those initiatives that provide the greatest business value.

"Our vision to help organizations across the enterprise focus on activities that will make their companies more effective, innovative, and competitive is embraced by industry-leading organizations around the world—and evidenced by our sustained momentum in Q2," said Scott Johnson, CEO of AtTask. "Customers turn to us because our solution has an immediate impact on improving their business in today's economic climate. We help our customers increase productivity and reduce costs by providing transparency, visibility, and accountability on critical business projects across the enterprise."

AtTask was recognized as a visionary in Gartner's Magic Quadrant for IT Project and Portfolio Mangaement1 in 2009. AtTask's placement in the Magic Quadrant was based upon their completeness of vision and ability to execute that vision.*

AtTask received additional analyst recognition in Q2 for market share growth in a Gartner report published in May, titled, Market Share: Project and Portfolio Management Software, Worldwide, 2008.2 According to Gartner, AtTask was the growth leader for 2008, achieving +90.9% share growth, outpacing the overall market by 12x, making them the fastest growing of the 64 vendors cited.

The Software & Information Industry Association (SIIA) named AtTask the Best Project Management Software for the second year in a row at the 24th Annual CODiE Awards—the only peer-reviewed awards within the software and content industries. AtTask was selected from a field of more than 850 CODiE nominations by a panel of expert judges as the software solution that best automates the management of critical business initiatives across the enterprise.

"Now more than ever, information technology is playing a vital role in fostering American innovation and providing a powerful economic engine," said SIIA President Ken Wasch. "These are the products and businesses that will help ensure our country maintains its leadership in the global information economy."

AtTask's commitment to product innovation was demonstrated in Q2 with the April Update, a direct result of customer feedback, AtTask helps organizations better manage project portfolios and resources to achieve corporate objectives. Highlights include:

* Business Case Templates—when creating a project request, sponsors can now use a template for risks and goals when building a business case.
* Enhanced Reporting on Business Goals—New reporting capabilities and views have been added that allow decision-makers to measure initiatives based upon project goals, providing added visibility into project performance.
* Excel-specific Download and Integration Capabilities—Export Capacity Planner information with Exel-specific functionality, completely editable for additional reports and modifications.
* Manage Documents with Clik™—You can view, download, and upload documents with Clik. Each issue, task, and approval task has a section that keeps track of all attached documents. And, uploaded documents are saved in AtTask every time it syncs with Clik.

The Project & Portfolio Management Summit held in Orange County, CA in June brought together senior IT executives from the PPM business community who awarded AtTask the “Project & Portfolio Management Innovation Award” for “Best Product Presentation.” The award recognizes industry leadership and product capability.

"Our presentation at the summit focused on the solutions we believe business leaders require to make their organizations more efficient: Business Case Assessment, Demand Management, Portfolio Optimization, and Best-Fit Capacity Planning," said Johnson. "I am very pleased that our message resonates with the IT executives that attended the summit."

Organizations from all over the world, including BASF, ESPN, Fiserv, INTERPOL, Rawlings, and Whirlpool, enjoyed an exciting program of industry analyst presentations and customer success stories during AtTask’s first ever User Conference held in May. Keynote presentations by featured guests Gartner's Audrey Apfel and PPM author and consultant Harvey Levine kicked off two days of breakout sessions that included customer case studies, presentations by partners, and product training by AtTask Experts.

"Attendees at our first ever user conference came away from the event convinced that AtTask is the company to do business with," said Johnson. "The success of the conference is further evidence that while other PPM solution providers are slashing their organizations and losing market share, we are establishing ourselves as the definitive solution for helping organizations collaborate and accomplish the work most essential to the enterprise."
1 Gartner, Inc. "Magic Quadrant for IT Project and Portfolio Management" by Daniel B. Stang and Michael Hanford, June 2, 2009
2 Gartner, Inc. "Market Share: Project and Portfolio Management Software, Worldwide, 2008" by Laurie F. Wurster et al, May 20, 2009

About the Magic Quadrant

The Gartner Magic Quadrant is copyrighted 2009 by Gartner, Inc., and is reused with permission. The Magic Quadrant is a graphical representation of a marketplace at and for a specific time period. It depicts Gartner's analysis of how certain vendors measure against criteria for that marketplace, as defined by Gartner. Gartner does not endorse any vendor, product, or service depicted in the Magic Quadrant, and does not advise technology users to select only those vendors placed in the "Leaders" quadrant. The Magic Quadrant is intended solely as a research tool, and is not meant to be a specific guide to action. Gartner disclaims all warranties, express or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

About AtTask, Inc.

AtTask (www.attask.com) provides online project management software that focuses all knowledge workers on those activities that make them and their company more effective, innovative, and competitive. Its platform-independent and multilingual solution increases efficiency for small- to medium-sized businesses and Fortune 500 companies across the globe. AtTask's clients include American Airlines, Boeing, CBS, Chevron, Cisco Systems, GE Healthcare, Google, HBO, Johnson & Johnson, Newsweek, Samsung, Toyota, Walt Disney, and Whirlpool.

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