e-Builder Enterprise Wins Best of SaaS Showplace Award

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Integrated Software-as-a-Service Capital And Project Management Solution Suite Helps Organizations Manage Construction Projects

We are pleased to have the SaaS Showplace recognize the business benefits our SaaS-based capital program and project management suite delivers to our customers

e-Builder, the leading provider of capital program and project management software, announced today that THINKstrategies, Inc., the leading strategic consulting company focused on the business implications of the on-demand services market, has named e-Builder the latest winner of the Best of SaaS Showplace (BoSS) Awards program, which is aimed at promoting the measurable business benefits being delivered by today's Software-as-a-Service (SaaS) solutions.

The BoSS Awards program was announced in January 2009 as the latest initiative by THINKstrategies to bring attention to SaaS and cloud computing companies which are producing tangible business benefits for specific user organizations. These benefits include increased sales, lower costs, higher customer satisfaction, faster operations, and greater profitability.

e-Builder provides a web-based, fully integrated capital program and project management software suite for organizations managing facility planning, construction, and operations. North America's leading facility owners use e-Builder to improve project execution, resulting in increased productivity and quality, reduced cost, and faster project delivery. The system is modular in nature and can be deployed in phases. The primary modules include: Cost, Schedule, Business Process, Document Management, Reports, and Dashboards.

An example of the business value of the e-Builder Enterprise solution is at Memorial Hermann, one of the largest healthcare systems in Houston with 11 hospitals, numerous specialty and outpatient centers, and 19,000 employees serving over 1 million patients each year. Memorial Hermann is currently executing a $500 million capital program. The size and complexity of this construction effort created a lack of project cost visibility which resulted in project cost overruns. In addition, complex approval processes (e.g., vendor payment approval) affected productivity and contributed to the cost overruns (e.g., late fee payments). As a result of using e-Builder, the potential for cost overruns is greatly reduced. In addition, the use of e-Builder to automate certain construction processes has improved productivity and reduced project costs. For example, the vendor payment approval process has been reduced from 2 weeks to 2 days on average, which has improved vendor relations and eliminated late fees.

As a result of these measurable business benefits, E-Builder Enterprise has been named the latest BoSS Award winner. A full description of the company's winning BoSS Award submission can be found at http://www.saas-showplace.com/awardSummary.php?key=1190.

"We are pleased to have the SaaS Showplace recognize the business benefits our SaaS-based capital program and project management suite delivers to our customers," saidJonathan N. Antevy, Founder and CEO of e-Builder.

"In today's difficult economic climate it is imperative for organizations to tightly manage and control their capital projects," stated Jeffrey M. Kaplan, the founder of the SaaS Showplace and Managing Director of THINKstrategies, the strategic consulting firm which conceived and administers the Showplace. "The e-Builder Enterprise SaaS solution enables businesses to automate the capital and construction management process so they can satisfy their internal financial requirements and external vendor relationships."

About THINKstrategies, Inc.:
THINKstrategies, Inc. is the only strategic consulting services company formed specifically to address the unprecedented business challenges facing IT managers, solutions providers and investors today as the technology industry shifts toward a services orientation.

THINKstrategies' mission is to help our clients re-THINK their corporate strategies, and refocus their limited resources to achieve their business objectives. THINKstrategies helps enterprise decision-makers with their sourcing strategies, IT solutions providers with their marketing strategies, and VCs with their investment strategies.

In addition to the Software-as-a-Service Showplace, THINKstrategies is also the founder of the Managed Services Showplace, a vendor-independent, online directory and information resource center of managed service solutions. For more information regarding THINKstrategies' unique consulting services, visit http://www.thinkstrategies.com, or contact us at info@thinkstrategies.com.

About e-Builder
e-Builder is the leading provider of fully integrated capital program and project management software for top facility owners and companies that act on their behalf. The company's flagship product, e-Builder Enterprise, improves capital project execution resulting in increased productivity and quality, reduced cost, and faster project delivery. Since 1995, e-Builder's technology leadership and construction industry focus has provided thousands of global companies, government agencies, healthcare and educational institutions managing billions of dollars in capital programs with solutions to improve the plan, build and operate lifecycle. The company is privately held and headquartered in Fort Lauderdale, Florida. For more information, visit http://www.e-Builder.net. 

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