ICS Acquires Project.net

Bedford, MA - February 14, 2006 - Integrated Computer Solutions, Inc. (ICS), today announced the acquisition of Project.net and the launch of a commercial open source version of Project.net's project and portfolio management (PPM) product. Project.net currently helps more than 50,000 users in Global 2000 companies realize dramatic cost and time savings by enabling them to improve project execution across the enterprise.

Project.net's commercial open source initiative will provide the company with a unique strategic position for capturing a greater share of the growing PPM market.


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