San Jose, California May 30, 2008 -- Project123.com launches its refreshingly practical project management software service, a service without a hefty price tag and enough functionality to assist with predicting, tracking and monitoring project performance -- it's more than collaboration. http://www.project123.com

What Basecamp is to collaboration, Project123.com is to Project Control and Execution.

After years of building great project management software for giant corporations like Fonterra, the world's biggest producer of powdered milk, project123.com have finally been coerced into helping out the 'Rest of the World', who are stuck with cheap collaboration tools that are confusing people to what Project Management software really is.

William Winter, VP Marketing of Project123.com, explains, "We have finally woken up to the fact that there are a lot of tools out there like Basecamp that offer good project solutions. The key thing is they don't go past being 'good' and have ended up with an endless list of unhappy customers."

Many collaboration tools out there are cheap because they are in fact communication tools, not a project management service. For starters Project123 features intelligent dashboards, status reporting, risk management, milestone tracking, issue resolution, workflow and escalation, deliverable and time management, defect and problem solving -- a tool-box for teams that want to successfully deliver their projects. http://www.project123.com/features.htm

Trevor Dance, a Test Manager for Telecom, states, "We have received excellent feedback from the vendors both directly quotable and un-officially as 'much better than the systems we use'." http://www.project123.com/user_community.htm

Project123 is the result of intense research and development. It's a proven user-driven solution that has been thoroughly tested to world standards and continues to outshine the competition. One great difference with Project123 is that it offers an unlimited number of users in its getting-started pack and also an introductory promotion of a 4 month subscription free for a limited time. http://www.project123.com/special_promotion_team.htm

For additional information on the news that is the subject of this release (or to subscribe to the promotional offer), contact William Winter or visit www.project123.com.

About Project123.com:
Project123.com is one of the fastest growing suppliers of project and performance management solutions in Australasia. Started in 2001, they now have over four and a half billion dollars of work being managed through their software.

Contact:
William Winter, Vice President of Marketing
Project123.com
+61 2 9966 7495
http://www.project123.com