On-Demand Project Management Solution Reports More than 220 Percent Growth Year-Over-Year

San Mateo, CALIF. – April 28, 2009 – Clarizen, a leading provider of on-demand, online project management software, today reports that its Q1 2009 results exceeded initial estimates because of the industry need for user-friendly Software as a Service (SaaS) solutions that align projects and teams.  Clarizen’s sales saw a growth of more than 220 percent year-over-year, and signed over 107 new customers in Q1 alone.

Companies are investing in solutions that save time, resources and money.  By leveraging the on-demand, collaborative format of SaaS, Clarizen offers companies, of all sizes, including NECEdwards Life Sciences,Phillips and Bombardier, with a new alternative to traditional project management solutions.  Clarizen keeps the schedules, tasks, documents, decisions and activities of project members and small to large teams aligned, automatically updating internal and external project participants.

“Clarizen’s success is not surprising considering that companies like ours are always searching for easy ways to save money and reduce unnecessary cycles of communication between colleagues, partners, customers and others,” said Amanda Roberts, CEO of Stone Cobra.  “Clarizen enables our team to always be on the same page, ensuring that our project members can easily and successfully complete our most critical ventures in a timely manner.”

Clarizen’s recent momentum is marked by continued regional partnerships such as IAAP in South America,Highpoint in Asia, Beteo in Switzerland and Pentagon Solutions in Ireland, to bring its project management solution to a wide, global audience.  Additionally, the company received various prestigious industry awards including Red Herring Top 100, SIIA CODiE Awards FinalistWebware 100 Finalist and the Best of SaaS(BoSS) Showcase Award.

“The current economic turmoil has forced companies to recognize the need to work leaner and more efficiently,” said Avinoam Nowogrodski, CEO and founder of Clarizen.  “Clarizen provides companies with an immediate ROI by enabling collaboration and simplifying operations to make teams more productive and effective during every step of a project, and at every level of the company’s operations.”

About Clarizen

Clarizen is a collaborative work management solution designed for people who value their time, and for organizations that value cross-company engagement. Built on a secure, scalable platform, Clarizen brings together project management, configurable workflow automation and in-context collaboration to create a meaningful engagement experience that allows everyone to work the way they work best. Everyone involved can track projects, communicate effortlessly and participate on their terms. When employees can connect to a larger and more meaningful purpose, progress is not only clear, it’s accelerated. Organizations of all sizes, across 79 countries already rely on Clarizen to help engage their people and move their business forward. The company is privately held with office locations including San Mateo (California), Tel Aviv and London.