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Tenrox
80 South Lake Avenue Suite 708 Pasadena, CA 91101
450-688-3444, 626-796-6640 | 450-688-7862 fax
http://www.tenrox.com
info@tenrox.com


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Tenrox Celebrates 10 Successful Years as Leading Provider of Project and Workforce Management Software Solutions

PASADENA, CA (October 5, 2005) -- Today marks Tenrox's tenth year in business as the leader in project governance and compliance software on the Microsoft platform. Founded in 1995, Tenrox launched its first commercial software in late 1997. Today, the Company's award-winning solutions are used by 800 organizations in 50 countries to track budgets, facilitate compliance with corporate governance, labor and industry regulations, and to improve productivity and decision-making. Since its inception, the Company has also expanded its operations to include offices in California, Montreal, Toronto and Melbourne, Australia.

Managed by the same executive team since its inception, Tenrox has over the past 10 years demonstrated consistent profitability with an average revenue growth rate of 40% per year.

"Tenrox has been built 'brick by brick' by very hard working and incredibly loyal employees and by establishing a true spirit of partnership and cooperation with our customers," says Rudolf Melik, President and CEO. "As we look forward to the next ten years, we will continue to adapt, innovate and strive to deliver solutions that are aligned with our customers' changing and evolving business needs. What won't change is our dedication to our employees, our customers, and the passion we all share for our field."

Over the years, Tenrox has been recognized with many corporate awards and industry accolades by such organizations as Deloitte & Touche, Ernst & Young, Profit 100, Microsoft and Branham Group. The Company's cutting-edge software has also received numerous product awards by industry-leading publications such as VARBusiness, CRN Magazine, ComputerWorld, CPA Technology, Channel Business and more.

About Tenrox

Tenrox is the worldwide leader in modular project and workforce management software for mid-sized to large organizations. Tenrox solutions track budgets, facilitate compliance with corporate governance, labor and industry regulations, and improve productivity and decision-making.

Since 1995, Tenrox has served over 800 organizations in 50 countries including Blue Cross Blue Shield, Caterpillar, Corning Cable Systems, Fireman's Fund Insurance, Wilmington Trust, First National Bank, Hydro Quebec, Invensys, Major Drilling, Pioneer Natural Resources, State of Wyoming, University of Michigan, The Pentagon, Workers Compensation Board, Visa, Fisher Scientific, Merck, and Wyeth. Tenrox software is available through direct sales channels and a network of worldwide resellers and partners.

For more information, visit www.tenrox.com, call (626) 796-6640 or email at publicrelations@tenrox.com

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 Page last updated: October 24, 2005 06:41 EST
 
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