Pharos Systems Named “Cool Vendor” by Leading Analyst Firm

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Pharos Systems, International, the leading provider of enterprise print asset management software solutions, is included in the prestigious list of Gartner Inc.’s "Cool Vendors" in the Cool Vendors in Print Markets and Management 2006” report written by Peter J. Grant, et all and published on March 14, 2006. Gartner’s definition of a “Cool Vendor” is that of a company that offers technologies that are innovative, impactful, and intriguing.

Pharos Systems, International, the leading provider of enterprise print asset management software solutions, is included in the prestigious list of Gartner Inc.’s "Cool Vendors" in the Cool Vendors in Print Markets and Management 2006” report written by Peter J. Grant, et all and published on March 14, 2006. Gartner’s definition of a “Cool Vendor” is that of a company that offers technologies that are innovative, impactful, and intriguing.

According to the report, “Getting the most out of your output fleet investment is becoming easier and easier, thanks to the latest crop of vendors that offer products and services designed to help businesses better utilize and manage printers, copiers and multifunction products.” You can view the Cool Vendors Report at http://www.pharos.com/Documents/News/2006/CoolVendorsReport.pdf.

Pharos Systems’ industry-leading Blueprint Enterprise product combines device meter read data with user print transaction data, to track every page printed by every user from every application in order to calculate real costs based on actual usage. As a result, organizations achieve a true cost-per-page accounting of all users and output devices across the enterprise.

Based on 13 years of Pharos Systems technology innovation, Blueprint Enterprise is next-generation print asset management software designed with the singular goal of helping organizations achieve maximum IT cost savings. Pharos Blueprint Enterprise illuminates your printing environment so you can accurately measure your total enterprise output costs, and manage and significantly reduce those costs by 30% or more.

Kevin Pickhardt, CEO of Pharos Systems, says, “With cost-cutting initiatives so prevalent in businesses today, CIOs and CEOs are especially interested in saving money wherever they can. Deploying Blueprint Enterprise can help them accomplish exactly that, and with a return on investment in as little as three to six months, companies can use the savings to fund other projects within the business.”

About Gartner's Cool Vendors Selection Process

Gartner's listing does not constitute an exhaustive list of vendors in any given technology area, but rather is designed to highlight interesting, new and innovative vendors, products and services. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness of a particular purpose.

Gartner defines a cool vendor as a company that offers technologies or solutions that are: Innovative, enable users to do things they couldn't do before; Impactful, have, or will have, business impact (not just technology for the sake of technology); Intriguing, have caught Gartner's interest or curiosity in approximately the past six months.

About Pharos Systems International, Inc

Pharos Systems International, Inc is the recognized industry leader in providing print asset management and cost-recovery solutions to both corporate office and higher education environments. With over a decade of experience, we help customers track, measure, and control their print assets to reduce waste, optimize performance, guide the purchase of new devices, including multifunction printers, and make the most of existing ones. As a result, over a thousand companies in 22 countries are currently benefiting from optimized printing environments, and are experiencing significant expense reduction. Visit Pharos Systems on the web at http://www.pharos.com.

Media Contact:

Kristi Gaylord

Creative Marketing Manager

Pharos Systems

585-249-8978

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Kristi Gaylord