Account4.com and SkillsVillage.com Form Alliance;Agreement Provides Account4 Users With a...

Business/Technology Editors

NEWTON, Mass.--(BUSINESS WIRE)--July 13, 2000

Account4.com, a leader in Internet-based professional services automation (PSA), has entered into an agreement with SkillsVillage.com, a leading Web-based B2B skills procurement solution.

Under

the agreement, Account4(R) users such as project and resource managers will be able to easily access SkillsVillage.com's vast network of skilled professionals from within Account4 to identify and procure skilled resources. New resources may then be added to Account4's central Human Resource Directory, which allows managers to view all work by resource, rather than just by project or department. This perspective enables organizations to more effectively utilize resources.

In addition, the two companies will execute joint marketing programs as a result of the partnership.

"SkillsVillage is in the business of helping companies manage the full procurement lifecycle of contract workers, including finding, hiring, and managing them," stated Kevin Kennedy, Vice President of Business Development at SkillsVillage.com. "The private marketplace exists to consolidate a company's existing supply of talent, and the public marketplace of independent contractors and staffing firms can augment that existing talent supply. Our relationship with Account4.com will allow companies to manage the entire project management process including the procurement of contract resources."

"Today's IT staffing crisis is a very real issue for many IT departments and professional services organizations" said Rick Stenquist, Vice President of Business Development at Account4.com. "SkillsVillage.com provides a direct way to identify and procure the skilled external contract professionals necessary to complete work. We are pleased to add this efficient, cost effective staffing solution to our PSA offering."

About SkillsVillage.com

SkillsVillage.com (www.skillsvillage.com) is a leading Internet-based skills procurement solution for the contingent workforce. The SkillsVillage Skills Procurement Solution provides a blended model of applications and services across the entire procurement lifecycle for finding, hiring, and managing contract workers. This enables companies to deploy workers quickly and efficiently, aggregate their staffing suppliers, and optimize business processes. SkillsVillage.com is a privately held company located in Santa Clara, CA.

About Account4.com:

Account4.com develops Internet-based software products and services that are designed to enable PSOs and corporate IT departments to successfully manage projects and increase the utilization, productivity, effectiveness, and retention of their workforces. Over the past 13 years, Account4.com has provided solutions to a premier customer base of over 150 companies representing over 265,000 licensed users.