Graz, March 24, 2009

Onepoint Joins Open Source Business Foundation (OSBF)

Leading project leadership software vendor increases investment in open source product line

Onepoint Software, the leading vendor of commercial open source project leadership software solutions, has joined the Open Source Business Foundation (OSBF). As one of the first software companies who pioneered the dual licensing strategy in Europe, the OSBF's focus fully matches the company’s open source strategy. Onepoint offers its project and portfolio management software "Onepoint Project" in both open source and commercial editions. While the Open Edition allows deploying a project management system at basically zero cost, the commercial Enterprise Edition provides advanced features such as a graphical "Project Pipeline", an interactive work breakdown structure (WBS) or an automatic milestone trend analysis.

The Open Source Business Foundation is a European-wide open source network founded in 2006 in Nuremburg, Germany. In early 2008 the foundation had already more than 120 members that shared a common vision regarding the development and interaction of open source business solutions. The members range from small and medium-sized independent software vendors such as Onepoint to heavyweights like Novell and Deutsche Post. Key topics include interoperability and open source business models.

Onepoint is committed to significantly increase the investment in their open source product and community. Joining the OSBF was just the first of a series of actions around open source that are planned for this year. More details will be revealed after the public release of Onepoint Project 9 that is due in late spring.

"2009 will be a very important year for open source business applications," said Gerald Mesaric, CEO and founder of Onepoint Software. "Worldwide IT spending has decreased considerably within the last couple of months. Having the possibility to experiment, start and learn with an open source application at zero cost will be a critical factor in the IT decision making process."

Onepoint's Open Edition can be downloaded from the leading open source portal Sourceforge.net. More information about Onepoint Project and free 30-day trial versions can be found on Onepoint's corporate website at http://www.onepoint-project.com.

About Onepoint Software

Onepoint Software is the first project and portfolio management vendor offering both an on demand and an installed Web 2.0-based solution for the extended enterprise. Unlike traditional PPM software, Onepoint Project is known to be integrated, real-time, open, easy-to-use and fast to deploy. Onepoint enables project-oriented companies and departments to increase project and portfolio transparency, shorten project lead-times, automate best practices and reduce project risks. The ROI period of Onepoint Project is usually well below 12 months.

The company and product names mentioned are trademarks of their respective owners as long as they are registered.

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