ARES Corporation Announces Partnership With CPM Solutions

Jun 17, 2010, 11:00 ET from ARES Corporation

BURLINGAME, Calif., June 17 /PRNewswire/ -- ARES Corporation, the makers of the award-winning PRISM project management suite, announced a partnership with CPM Solutions, a provider of project management software solutions and services. This partnership combines the complete PRISM project management suite with CPM's extensive market reach and experience, building on PRISM's project controls to deliver superior solutions in the management of large, complex projects and costs.



In addition to its user-oriented customization offerings, PRISM also provides full integration between ERP Financial and Oracle-Primavera P6 to eliminate data transfer issues while monitoring project progress. Market leaders already rely on these unique capabilities to control costs on the Alberta Tar Sands projects, some of the world's largest oil and gas extraction sites. When combined with sound project management practices, PRISM can also lower overall project costs by up to 20%.

"We understand the importance of flexibility as projects increase in complexity, and PRISM delivers integration capabilities as well as fast customization for all project types," said Dr. William Vantine, President of ARES' Software Solutions Division. "We look forward to partnering with CPM Solutions to deliver a comprehensive, optimal solution for our clients' diverse needs."

About PRISM: PRISM is a Project Management software suite designed to manage capital projects, programs, or project portfolios from conception to completion in virtually any industry. PRISM consists of four packages: Cost & Progress, Engineering Progress, Procurement, and Contracts Administration. With an installed customer base on six continents, PRISM Project Management Suite is currently used to manage multi-billion dollar projects around the world.

About ARES Corporation: PRISM is developed by ARES Corporation, a global technology solutions provider in the Aerospace, Defense, Energy, Construction, Metals and Mining, and Oil and Gas industries. ARES' clients include government agencies, government contractors, and Fortune 1000 companies. ARES has more than 700 employees in more than 20 offices worldwide.

About CPM Solutions: For over 19 years, CPM Solutions has provided software solutions and services, along with training courses, to companies in numerous industries. Their broad experience in providing project management solutions spans across diverse markets, offering project management support encompassing training, implementation, integration, and scheduling services. With a focus on collaborative project management, CPM Solutions empowers clients to solve the problems that are hindering their projects, driving productivity and efficiency.

SOURCE ARES Corporation