SAFRAN ANNOUNCES “ONE SOLUTION” APPROACH BY ADDING COST MANAGEMENT AND ENHANCED EARNED VALUE INTO CORE PRODUCTS

Safran enhances its project and portfolio management products to counteract industry module-based solutions

ALBUQUERQUE, NM, January 15, 2008 – Safran North America, LLC announced today that Safran Software Solutions, manufacturers of one of the world’s leading project management software solutions, has added “one solution” functionality for cost and earned value management to its core products, Safran Project and Safran for Microsoft Project.   These features will be unveiled at daratechPLANT 2008 in Houston, Texas, January 28-30, 2008.

“The reality of the project management software industry today is that businesses are offered a plethora of modules by certain software providers.  Each of these modules offer specialized functionality and all come, conveniently for the software provider, at a separate price.  Most of these modules were acquired from other companies and so even integration is an afterthought,” said Nicholas Pisano, CEO & President of Safran North America.  “Safran’s goal is to provide an integrated solution in a product that provides the greatest functionality for those capabilities needed by project-focused organizations that is both enterprise-capable and market-ready.  We achieve this goal through the enhancements found in core Safran products. Integration is from the ground up so implementation lead time and cost savings are realized almost immediately compared to alternatives.”

Safran is expected to roll out the enhancements to their existing customer base beginning in January 2008.  Safran software inhabits over 90% of the northern European oil & gas, energy generation, large construction and shipbuilding industries and entered the North American market in 2007 through its exclusive partner, Safran North America, LLC.

Safran Project, the company’s premier project management application, already possesses an industry-wide reputation for being the most powerful solution for project planning, scheduling, performance and project change management, robust reporting and project forecasting on the market today.  It’s compatibility with other scheduling applications mark it as the premier industry product for project execution.  Safran’s extension of Microsoft® Project as the basis for a full project management system available to Microsoft® Project users through the release of Safran for Microsoft Project in 2006 has strengthened that reputation.  Now, with the addition of Cost Management and enhanced Earned Value Management functionality, including features needed under the ANSI/EIA 748 requirement, Safran products are the most effective single solution available today.

About Safran North America LLC
Safran North America is the exclusive North American partner of Safran Software Solutions, AS of Stavanger, Norway of the Proha Group (Helsinki:ART1V), and representative for Safran products.  Safran is recognized as an innovative leading provider of project management and enterprise project solutions.  Market leaders in a wide variety of industries rely on Safran to improve business performance and to manage critical projects, programs and initiatives.  The Safran portfolio of project and program management solutions offers superior functionality, scalability and usability.  For more information on Safran and our customers' successes, visit www.safranna.com.