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PMG set to extend its coverage in UK and Central Europe

14 May 2004 - Hydra Managementplc has appointed 4 new partnerships to support the company's drive to extend its coverage in Mainland Europe and treble indirect sales by 2005.

In response to the growing awareness and increased level of interest in program management within Mainland Europe, PMG is entering into cooperative agreements with resellers, technology partners and implementation service providers. New partners include Ordiges, Pelicam, 2Delta and FSSL. Each partner has passed or is undergoing an extensive training process to assure their ability to sell, implement and support PMG's suite of program and collaborative management software.

“PMG has increased its resources committed to recruiting business partners and supporting its alliance program. We continue to see strong growth for advanced program management solutions and, by careful selection of partners based on their ability to provide comprehensive support and services to customers, we expect to extend this trend into Central Europe.” commented Peter Bondar, CEO for PMG. “We will continue to search for new partners that demonstrate thought leadership and can ensure business value is recognized by our customers.”

“In this present competitive environment, successful companies are turning to innovative project and program management structures necessary to organise, plan and control complex business activities and ensure delivery of fast changing operational strategies. Hydra's new and unique approach to program and portfolio management is an attractive proposition to prospective business partners who want to deliver and support industry leading products and services.” Peter Bondar added.

The founders of PMG developed one of the first ever project management software tool for a microcomputer during the 1970s. Since then PMG has specialised exclusively in the development and support of best-of-class program and collaborative management software across multiple platforms and operating systems. Its patent, intelligent pre-emptive resource scheduling allows organisations to successfully plan and implement multiple simultaneous projects without the limitations of discrete task centric project management tools.