SAFRAN NORTH AMERICA RELEASES PROTEUS ENVISION ® ANALYTICAL TOOL

Application based on new Department of Defense UN/CEFACT XML transfer file. First Application to Provide Seamless Earned Value, Schedule and Financial Integration.

ALBUQUERQUE, NM, June 23, 2010 – Safran North America (SNA), one of the world’s leading manufacturers and distributors of project management applications, announced today that it has successfully completed the development and release of a new product named Proteus Envision®, focused on the requirements of the Department of Defense and Federal project management markets.

Based on its highly popular Proteus project management integration, intelligence and management application, Envision® provides an integrated earned value, schedule and financial management workspace based on the new UN/CEFACT XML standard sponsored by the National Defense Industrial Association (NDIA) Program Management Systems Committee (PMSC) and the U.S. Defense Contract Management Agency (DCMA). Based on open source principles, the new XML standard will normalize essential project management data, breaking down proprietary barriers that prevent data from being effectively used by both government contractors and federal agencies. Envision® has the ability to both import and export the new XML file, providing companies and federal agencies with a complete analytical and management solution.

“Combined with the Proteus environment’s existing capabilities to access databases using Open OLE DB, the addition of the UN/CEFACT XML and analytical and management environment will provide federal contractors and agencies with unparalleled insight into project and program performance,” said Safran North America CEO, Nicholas Pisano. “The ability to integrate earned value, scheduling, financial and risk information regardless of the underlying system and to aggregate that data and turn it into actionable information based on the user’s role has been a goal of the industry for many years.”

Proteus is used by some of the world's largest corporations to integrate data across a range of otherwise stove-piped systems, improving data fidelity and accuracy in reconciling work planning, scheduling and performance management systems. It's advantage against traditional custom coded and data mining systems is its COT/NDI approach, which allows for rapid configuration and deployment.

Matt Pitstick, Safran North America’s Chief Technology Officer (CTO), concluded: “Proteus Envision will revolutionize the day-to-day activities of caretakers, performers and consumers of project management information in the manner in which they interact and report on their underlying data. Built on the latest technologies within .NET, Proteus Envision has capabilities found in no other application to integrate, visualize, distribute, collaborate and report on project management data. A lot of effort went into the user experience, ease of deployment and ability to tailor Proteus Envision to accommodate changes in business requirements and reporting needs so organizations can achieve an immediate return on investment and continue those returns far into the future.”

The Proteus solution allows companies and agencies in the federal marketplace to treat all data regardless of source (including the wealth of compartmentalized data found in Excel spreadsheets and one-off applications) as a corporate resource. Thus, executives can view corporate information derived and validated against their primary underlying systems while managers in the field can have access to those portions of the overall plan at the level of detail needed across best-of-breed systems that allows them to optimize their management decision-making.