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PMG unleash Hydra4

• New web reporting for timesheet status, summary and detail
• New functionality offering dash board reporting, data warehousing, benefits management and advanced resource scheduling

Leeds, England, February 28th 2003 - Program Management Group plc (PMG) have announced the release of the latest version of their program management suite, Hydra4, offering better scheduling and resource utilisation in complex environments when compared to products like Microsoft Project.

Hydra4 advances program management even further with over 50 new features and numerous enhancements to the existing functionalist. Using the latest .NET and Windows XP technologies, Hydra4 is the most sophisticated portfolio / program management tool on the market.

PMG's launch customer, Corporate Express, the world's largest supplier of business-to-business office products this week received their evaluation version.

CE's Greg Shewmaker observed 'as an extensive user of PMG's previous product suite we are impressed with the enhancements that have been made, the ability for non project orientated people to use this product differentiates it markedly from the competition."

For the first time a highly integrated risk management capability has been added which allows an organisation to track and manage critical events which could fundamentally undermine the success of any project or program

Key features of the system include the new web reporting function, enabling communication between all Hydra users, presenting key project information and timesheet status. The new dashboard and Hydra analyser are unique in the industry in allowing management to drill down to key functional areas for instant warnings of potential problems.

Commenting on the launch, Heath Gray, Director of Marketing at PMG said
" With the enhanced remote working functionality its now even easier for project, program, functional and team managers and their team members to freely 'roam' the globe whilst still being up to date on their areas of business as no permanent connection to the internet is required. Scaleablity has been enhanced also to meet the needs of the most demanding of organisations".

"The addition of our new web enabled, process based methodology allows a much more successful implementation of corporate strategy, improving communication, feedback and knowledge throughout an organisation" he concluded.

PMG, based in Yorkshire's "Silicon Dale" designs, develops and markets program management software and services. Founded as Hydra Development Corporation in 1996, the fast-growing company spent over four years developing and refining its revolutionary program management product - Hydra, and has in less than 3 years established a international customer base with thousands of Hydra users worldwide.

PMG's Hydra product is a complete program management suite, offering resource-centric, multi-project, multi-site planning capabilities. 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.