NEWS

WIRES

OTHER

Business Engine Customer Schering-Plough Wins InfoWorld 100 Most Innovative Corporate IT Solutions Award for 2004

Global Pharmaceutical Giant Recognized for Creative & Cutting-Edge Implementation of Business Engine's Enterprise Technology in Prestigious Award

Business Engine, the leading provider of collaborative project portfolio management (PPM) applications for Running the Business of IT, today announced that its customer, Schering-Plough, was named as a winner of IDG's 2004 InfoWorld 100 Most Innovative Corporate IT Solutions Award. The annual awards honor companies that demonstrate the most creative use of cutting-edge technologies to further their business goals.

Schering-Plough is a global pharmaceutical company dedicated to earning the trust of doctors, patients and customers by providing innovative, science-based medicines and services that improve the health and well-being of people around the world. To serve this mission, the organization is transforming how it does business, changing its focus to global collaboration across multiple sites.

Schering-Plough was recognized for its innovative use of Business Engine's flagship product, the Business Engine Network (BEN), to support its global management of corporate initiatives, including regulatory compliance programs, through collaborative project management practices and an executive dashboard-reporting framework.

"It's terrific to see Schering-Plough independently recognized for its use of the Business Engine Network," said Doug Dickey, CEO and president of Business Engine. "We have worked closely with Schering-Plough to define new business processes, and we are very pleased to meet their compliance needs with the BEN."

"This year, InfoWorld honors a host of innovative projects that highlight the resourcefulness of the IT community," said Eric Knorr, senior features editor. "IT departments have learned hard lessons about business realities and realistic ROI. The InfoWorld 100 provides a forum for IT managers to get the recognition they deserve for smart projects from an audience of their peers."

The Business Engine Network enables large corporate IT groups in pharmaceuticals and other industries to align their projects, resources, and budgets with business objectives to achieve greater return on their technology investments. By integrating the IT and product development investment portfolio within a single collaborative platform, the BEN provides technology and business leaders with the visibility and control to work together to make better business decisions and continuously align business strategy with execution.

Winners were formally announced in the November 15, 2004 edition of InfoWorld, and are also available online at http://infoworld.com/2187.

About Business Engine

Since 1985, Business Engine has been delivering collaborative project portfolio, resource and financial management solutions to project-driven companies throughout North America and Europe. Over 400 Global customers including Boeing, Deutsche Bank, General Electric, Lloyds TSB, Merrill Lynch, Pfizer, Siemens and Tesco Stores rely on Business Engine to accelerate time-to-value, control costs, and be more dynamic in the face of changing market conditions. Visit www.businessengine.com for more information.