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Proposal Software, Inc. Reports 39 Percent Revenue Growth in 2007

WESTPORT, Conn., Jan. 28, 2008 (PRIME NEWSWIRE) -- Proposal Software, Inc. (PSI), The Leader In Proposal Productivity(tm), has reported 39% revenue growth in 2007 over the same period in 2006.

According to PSI CEO John A. Laurino, "The revenue growth represents the continued validation by many of the global leaders in our four vertical market segments (Healthcare, Financial Services, Commercial, and Law Firms) of PMAPS(r) being the proposal professional's software tool of choice and continued evidence that PMAPS(r) is the leader in proposal productivity." Business-to-Business Strategic Sourcing and Supply Chain Management is dictating an ever-increasing formal and transparent bidding process. The resulting increase in RFP and RFI invitations is driving the demand for sophisticated proposal management tools like PMAPS(r) in order to keep the pace in winning new business opportunities.

PMAPS(r) provides the "best in class" comprehensive proposal management platform in use by over 200 major companies worldwide. Originally developed in 1994 and now in its tenth generation, PMAPS(r) is an "industrial strength" application developed for large-scale organizations who must continually respond to a high volume of complex major account Requests for Proposals (RFPs) and Requests for Information (RFIs) in order to maintain their sales momentum. The 11th generation PMAPS(r) 2008 is scheduled to be released in the 3rd Q of this year.

"Our clients have realized significant business efficiencies and cost savings, as well as enhancements in proposal quality by employing our fully comprehensive proposal software solution PMAPS(r)," Laurino added.

PMAPS(r) is integrated with a number of powerful sales and marketing tools including eASE Exchange, used by asset managers to streamline the burden of updating consultant databases with asset, performance, characteristics, and other requested data; and the powerful and widely used LexisNexis(r) InterAction(r) client relationship management software used by the law firms. It is also integrated with Mimeo, the leading on-demand provider of documents that can be printed, assembled, finished and delivered overnight. The data in PMAPS(r) can be synchronized with most other user software and database platforms including Word, Excel, PowerPoint, XML, SQL, DBF, and ASCII using the internal PMAPS(r) Data Bridge module.

About Proposal Software, Inc.

Proposal Software, Inc. provides the "best in class" comprehensive proposal management platform. Clients include leading financial services, healthcare, investment management and a wide cross-section of Fortune 1000 corporations including Blue Cross Blue Shield of Massachusetts, ING Investment Management, BlackRock, Baring Asset Management, AAM-Investment Management, Fred Alger, and the WellPoint family of healthcare companies. Additional information on PMAPS(r) is available at www.proposalsoftware.com

CONTACT:  Proposal Software, Inc.
          John Laurino 
          (203) 604-6597
          John.Laurino@proposalsoftware.com

          Burns Communications
          Deborah Burns 
          (203) 257-3163 
          deborah@burnscommunications.net