Skire Delivers Packaged Solution for Helping
Agencies Accelerate Recovery Act Readiness

MENLO PARK, Calif., March 23, 2009 - Skire, Inc. (www.skire.com), the leading provider of capital program, integrated workplace and project portfolio management software, today announced RapidStart STARR™, a comprehensive solution for helping public-sector agencies quickly implement standardized, automated processes for complying with reporting requirements of the American Recovery and Reinvestment Act (ARRA) of 2009. The solution is a key component of the Skire Transparency, Accountability, Recovery and Reinvestment (STARR) initiative, which was announced earlier this month, to provide agencies with ARRA updates, information-sharing opportunities and pre-packaged software and services.

RapidStart STARR is built on Skire’s flagship Unifier™ platform and is part of a series of packaged solutions that will be introduced throughout the year to help customers quickly implement best practices-based project management for capital program, real estate and IT portfolios. Unifier incorporates comprehensive funding and grants management tools that provide control and visibility into project and program fund allocations and consumption, with fund segregation meeting ARRA requirements.

“ARRA's accelerated timeframes and extensive requirements are driving demand for solutions that get organizations up and running quickly," said Paul Verveniotis, Skire’s vice president of industry solutions. “RapidStart STARR, in combination with our experience in capital project management and the collective knowledge of our public-sector customers, enables us to help customers accelerate their readiness, control and track their infrastructure projects, and more effectively capitalize on funding opportunities.”

RapidStart STARR includes Software as a Service (SaaS), professional services and maintenance at a fixed price. The solution is designed to enable customers to meet ARRA accountability requirements within 10 days, and establish reporting for public transparency according to guidelines. RapidStart STARR combines best-in-class capital project and program management capabilities with integrated funding and grant management to provide agencies the ability to execute projects efficiently with visibility across all phases of the project lifecycle, and automate reporting with ARRA-compliant data feeds. RapidStart STARR includes:

• Pre-configured business processes for:
• Program cost management and funding use by project
• Managing formula block grant allocations
• Construction management and document control
• Communication exchange among sub-agencies, and integrated data feed for use with Recovery.gov or other public web sites
• Skire professional implementation and training services
• 10-day implementation and deployment plan
• All-in-one, fixed pricing
• Preferred-pricing promotion for new customers

“The American Recovery and Reinvestment Act (ARRA) presents new opportunities for public agencies to advance their capital project initiatives,” said Bruce Richardson, chief research officer at AMR Research.  “Skire is building on its experience and successful track record to quickly deliver a new packaged solution that gives public sector customers the transparency and accountability they need for meeting ARRA guidelines.”

Skire is listed on the GSA schedule to simplify the procurement process.  For more information or details on the preferred pricing promotion, contact info@skire.com, or  Skire at 866-GoSkire (866-467-5473). Additional information about the Skire STARR initiative can be found at www.skire.com/recovery.

As part of its efforts to help public agencies meet the requirements of the new stimulus package, Skire will also host a webinar entitled "The New Era of Transparency and Accountability: Are You Ready for the American Recovery and Reinvestment Act?" at 11 a.m. PDT on March 26.  The webinar will feature Sandy Oliver, assistant director of the City of Fort Worth Project Management Office, Roy Block, president of Roy W. Block Consulting and an industry specialist in public sector funding practices and capital improvement programs, and Paul Verveniotis, vice president of industry solutions for Skire. Information about signing up for this webinar is available on Skire’s home page at www.skire.com.

About Skire Unifier

Skire Unifier is a powerful business process automation platform for managing programs, projects, resources, and assets. The platform centralizes comprehensive management capabilities and makes them available to everyone who needs them through a standard Web browser. With robust cost management and project controls capabilities, Skire's Unifier delivers the best combination of pre-defined workflows, best practices, ease-of-use, and adaptability.

About Skire

Skire, Inc. is the leading provider of capital program, integrated workplace, and project portfolio management software. The company's flagship Unifier platform leverages the company's deep industry experience, giving customers unprecedented visibility and control over major programs and projects. Skire's solutions are used by global Fortune 1000 companies, government agencies, and educational institutions for managing billions of dollars in capital programs, real estate, and IT portfolios. The company is privately held and headquartered in Menlo Park, California. For more information, visit http://www.skire.com

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Unifier and uDesigner are trademarks of Skire, Inc. All other products and services mentioned herein are trademarks of their respective companies.