Deltek Wins Financial Management Software Shootout Second Year in a Row
Deltek's Advantage and ET Enterprise Products Rated Number 1 for Professional Services Firms
McLean, Virgina - May 4, 2000 - Deltek Systems, Inc. (NASDAQ: DLTK). For the second consecutive year, leading professional services organizations from the architecture, engineering (A&E) and design industry overwhelmingly voted Deltek's Advantage with ET Enterprise™ the clear winner of PSMJ Resource's 2000 Financial Management Software Shootout. For more information on the results of the shootout, go to Deltek's Web site at www.deltek.com.
Advantage is Deltek's highly interactive project control and financial management system, specifically designed to automate the critical business functions and back office operations for professional services and other project-based organizations.
ET Enterprise, which integrates seamlessly with Advantage, is the company's automated timekeeping and reporting system for tracking labor, hours, payroll, billing activities and employee expense processing by project and other categories.
Over 110 representatives from 67 design firms attended this year's event in Orlando, Florida on April 11-12, 2000. The shootout was hosted and sponsored by PSMJ Resources, a publishing and consulting firm specializing in A&E and design firm management. The firm began the competition in 1999 to provide A&E and design firms with a better way to learn about and compare the different vendors and the financial software applications they offer.
The Director of Research for PSMJ Resources, Bill Fanning, said, "This one-of-kind event helps firms get the essential information and insight they need for evaluating and comparing each vendor's product line. Once the in-depth company presentations and product demonstrations are complete, all participants complete a questionnaire in which they rank the companies and their products on a scale of 1 to 5 in 11 categories. The individual and overall rankings are also a reflection of how successfully a vendor specifically addressed each attendee's product needs, questions and concerns."
The A&E and design firms attending the shootout voted Deltek's Advantage with ET Enterprise the number 1 product in 10 out of the 11 categories below:
· Customer Support
· Flexibility in Custom Reporting
· Flexibility in Project Budgeting
· Flexibility in Financial Billing
· Overall Ease of Use
· Ease of Electronic Timesheets
· Ease of Exchanging Data w/other programs
· Backlog/Reporting & Forecasting (2)
· Project Manager Access to Project Information
· Product Pricing Comparison
· Software Best Fits the Firm
In PSMJ's 1999 Shootout held in Chicago, Illinois, Deltek placed first overall by ranking #1 in 7 of 11 categories for flexibility in custom reporting, project budgeting, and financial billing. Deltek also finished number 1 in overall ease of use; ease of electronic timesheets; project manager access to project information; and software best fits the firm.
Deltek's Vice President of Business Development, Rick Lowrey, emphasized "By responding directly to attendees' questions and concerns, and by persuasively demonstrating the exceptional performance and functionality of Advantage and ET Enterprise, we repeated as the overwhelming software vendor of choice. Our customers were ably represented by Tom Kelso, PBS&J's Vice President and Business Manager, and Pam Mead of Niles Bolton Associates, and each played a key role in shaping Deltek's presentations and highlighting our core competencies and capabilities. Winning for the second year in a row," Lowrey concluded, "convincingly affirms Deltek's leading position and clearly demonstrates our continuing commitment to the software needs of professional services firms in the A&E and design industries."
Product Shootout Results:
Ranking based on collected data: Axium BST Deltek Sema4 Wind2
Customer Support 5 3 1 2 4
Flex in Custom Reporting 5 3 1 4 2
Flex in Project Budgeting 5 3 1 2 4
Flex in Financial Billing 5 3 1 2 4
Overall Ease of Use 5 2 1 3 4
Ease of Electronic Timesheets 5 3 1 2 4
Ease of Exchanging Data w/other programs 5 3 1 2 4
Backlog/Reporting & Forecasting 5 3 2 1 4
Project Manager Access to Project Information 5 3 1 2 4
Product Pricing Comparison 4 5 1 2 3
Software Best Fits the Firm 5 3 1 2 4
2000 Placing: 5 3 1 2 4
1999 Placing: 3 4 1 3 4
About Deltek Systems, Inc.
Deltek® is a leading provider of business software and solutions to companies in professional services and project-based industries. The company's solutions encompass project and financial accounting, customer relationship management, time and expense reporting, proposal automation, project and resource management, human resources and payroll, business intelligence, and e-business for service firms. Deltek supports over 5,000 businesses worldwide with a dedicated staff of 700 professionals, each contributing unique knowledge and experience in all areas of professional services automation.
The company's integrated services offerings include premium-level customer support and software maintenance for all registered customers, implementation and practice management consulting, and classroom training. For more information, visit Deltek at www.deltek.com, or call 800/456-2009 in the U.S., and +44-07000-335835 in the U.K.
About PSMJ Resources, Inc.
PSMJ Resources, Inc., the organizer of this educational event, offers management consulting services, training, and published information for design professionals worldwide. The firm conducts more than 200 educational programs each year, published PSMJ Best Practices newsletter and has over 150 titles in book, audio, and video formats focusing on the management of professional firms. All PSMJ Resources, Inc. educational programs are registered with AIA/CES for Learning Hours/Units. More information about the shootout is available at our Web site at www.psmj.com.
Deltek Media and Investor Relations Contacts:
K. Allen Farber, Press Officer
Deltek Systems, Inc.
8280 Greensboro Drive
McLean, VA 22102
Voice: 800/456-2009 x4544
Babette J. Aller, Investor Relations Manager
Voice: 800/456-2009, x4444