Time Is Money Network Announces New Fully Web-based Time Billing and Project Management System for Software Developers and Service Providers – Free During Extended Trial Period

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TimeIsMoney.net is being offered at no cost for a limited time to anyone who wishes to try this new fully on-line, web-based time sheet management, time billing and project management system. TimeIsMoney.net was designed to serve the needs of large and small organizations with teams managing project resources locally or remotely.

Time Is Money Network, Inc., a provider of time billing and project management solutions for large service provider and software development organizations since 1998, today announced the public launch and free trial of TimeIsMoney.net – a new fully web-based project management and time billing application that enables organizations of any size to manage large and small projects with teams of staff members operating both locally and remotely using only web browsers – no servers or software to install or maintain.

TimeIsMoney.net was designed with ease of use and flexibility in mind. The system is fully web-based – the only software needed is a web browser. It takes less than fifteen minutes to be up and running after setting up an account. Project managers can choose the level of detail to track, the level of security and access for each user and the level of detail available to management, staff and even customers or clients.

TimeIsMoney.net is the result of almost ten years focus on enhancing the management, productivity and efficiency of project teams in the software and accounting industries.

TimeIsMoney.net was developed for leading service provider and software development organizations. "TimeIsMoney.net allows our global work teams to operate as one unit and provided up-to-the-second results, while supporting the highest standards of practice and billing integrity," said a lead client partner at Deloitte.

TimeIsMoney.net helps teams stay within budgets. "Before TimeIsMoney.net, our staff would work beyond authorized billing amounts or on closed project; and we lost time and money. Now our managers assign staff to project, our staff assigns hours to projects and our partners have the data to grow the business and the productivity," said Manoj Kumar, Director Operations, Flex Enterprise Software, Bangalore, India.

TimeIsMoney.net is especially well-suited for teams managing offshore development projects. "TimeIsMoney.net is the most effective way for us to manage our remote development teams' work. Our customers log on and see progress on their work. Our managers see our margins in real time and can make the necessary adjustments on the fly. Contractors, employees, executives and customers all use the same system," said Corey Neal, general manager for North American operations at PowerShore Technology, Inc.

The free trial is designed to provide users with the opportunity to test-drive the system while helping the TimeIsMoney.net team collect valuable user feedback regarding likes/dislikes and possible feature enhancements. Anyone interested in participating in the trial should go to http://www.timeismoney.net, select "Sign Up" and enter promotion code A97DA.

The free trial period will continue until the most important user feedback has been incorporated and the system has been updated. Once the trail is over, TimeIsMoney.net will be offered in two versions on a per user subscription basis -- a basic version for $9.95 per user per month and a complete enterprise suite for $14.95 per user per month. Users can be added or removed at any time as project needs require. Corporate bulk licenses for large groups of users are also available.

TimeIsMoney.net is a registered trademark of Time Is Money Network, Inc.

About Time Is Money Network

Time Is Money Network, Inc. is a leading provider of billing and project management solutions for large service provider and software development organizations globally. Time Is Money Network provides solutions designed to meet the needs of both simple and complex projects. Time is Money Network is headquarted in southern California. For more information please visit http://www.timeismoney.net.

Contact:

Fred Thiel

TimeIsMoney Network, Inc.

949-480-8007

fred@timeismoney.net

http://www.timeismoney.net

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