Tenrox named in the top 500 of Worlds Largest Software Companies

Software 500 Magazine ranks Tenrox as one of the Worlds Largest Software Companies

Software Magazine ranks Tenrox as one of the Worlds Largest Software Companies

Tenrox today announced its spot on the Software 500, Software Magazines list of the worlds foremost software and services providers, featured in the publications June/July 2001 issue.

Despite all the dot-com casualties, the Internet continues to change the way we do business and software plays a critical role," says John Desmond, Software Magazines editorial director. "The CIOs, senior IT and e-business managers who read Software Magazine value this yearly benchmark of the standing of their product and service partners. Each year as suppliers consolidate and new markets emerge, the composition of the Software 500 ranking reflects those changes."

Software Magazines annual compendium of software and services suppliers catalogs the ranking, financial performance and growth, and primary business sector for each company as well as trend information for the Software 500 as a whole. The Software 500 is a comprehensive look at the enterprise software landscape, encompassing both public and private companies that develop business software and services. The ranking is based on total worldwide software and services revenue for 2000. Suppliers are not ranked on their total corporate revenue, since many have other lines of business. Software revenue includes license fees, as well as maintenance and support revenue, professional services/consulting, and custom programming. The financial information is based on the calendar year and was gathered from Software Magazines vendor survey, public documents and industry analysts.

We have developed a family of products that help companies address todays hard economic times by automating and streamlining their business processes in order to remain competitive and profitable", says Ludwig Melik, Tenrox VP of Sales and Marketing, Weve come a long way and to be recognized by the industry, as a world-class software development firm, is remarkable and encouraging"

About Tenrox
Tenrox (www.tenrox.com) provides organizations with fully integrated and completely Web based Enterprise Optimization software and services. In collaboration with its partners including ACCPAC, ADP and IBM, Tenrox delivers products and services that are unique in the global market with over 600 organizations in 40 countries using Tenrox solutions. The consensus amongst many of our customers, such as AT&T, EDS, Ericsson, HP, Intel, Mitsubishi, Motorola, Pfizer, SONY, UBS and Visa to name a few, is that Tenrox solutions are simple to set up, functionally rich, quick to deploy, and straightforward to use.

About Software Magazine and Wiesner Publishing LLC
Software Magazine reaches 72,000 CIOs and senior IT managers in mid- to large-size organizations. Editorially the magazine is focused on the top 10 business priorities of its audience as determined by leading industry research firms. The magazine is a field guide to the products and services available to help its readers create a short list of vendors to consider for solving business problems. The BPA-audited magazine has a controlled print circulation of 72,000. Privately held, Wiesner Publishing, Englewood, Colo., publishes 11 magazines