AtTask Announces Record Q4 2008 Revenues With 141% Year-Over-Year Increase

OREM, Utah––January 14, 2009 –AtTask, the world’s most popular project and portfolio management (PPM) software, announces record Q4 2008 revenues, up 141% year-over-year. In Q4 AtTask acquired over 223 new customers bringing AtTask’s total number of customers to over 1600.

“2008 has been a breakout year for AtTask,” says Scott Johnson, CEO of AtTask. “Customers are turning to us because our solution has an immediate impact on improving their business in these recessionary times. AtTask helps our customers increase productivity and reduce costs by providing transparency, visibility, and accountability on critical business projects across the enterprise.”

“PPM applications can enhance team performance,” writes Laurie F. Wurster, et al, Analysts for Gartner Research in the October 2008 paper Market Trends: Project and Portfolio Management Software, Worldwide, 2007-2012. Moreover, “the careful control of projects, both IT-related and non-IT projects, is becoming increasingly important in an economic climate that demands the avoidance of unnecessary overhead spending.”

Organizations including Disney Theatrical Group, Farmers Insurance, BASF, Interpol, First Interstate Bank, Google, Houghton Mifflin, The Outdoor Channel, Formula 1, Procter & Gamble, Regence Blue Cross Blue Shield, and Nike contributed to AtTask’s record revenues for 2008.

“AtTask has helped our business to accelerate the speed, accuracy, and accountability of change management on our website,” says Eric Kratzer, Website Manger for Disney Theatrical Group. “When we adopted AtTask last year for managing DisneyOnBroadway.com we became faster and more efficient at our jobs. For us it has quickly become a mission-critical application for planning our work and measuring our success.”

“I’m delighted with the traction we are seeing in multiple industries around the world, including media and entertainment, healthcare, financial services, manufacturing, the public sector, consulting and service, and marketing,” says Johnson. “Managers and executives in any industry can see what’s happening on the frontline with real-time, reliable data and can actually forecast when projects will be completed—there isn’t another PPM solution that is offering this kind of functionality.”