ProSight Expands Intellectual Property With New Patent
8/15/2006

Canadian patent acknowledges software’s uniqueness and business value.

ProSight® Inc., the leader in Enterprise Investment Management, today announced that the Canadian Patent Office has issued another patent for the methods and apparatus used in ProSight's portfolio management software, ProSight® Portfolios.        
The new Canadian patent 2,407,144, issued April 4, 2006, is titled, "Method and apparatus for facilitating management of information technology investments." Implementations of the patented invention include both methods and software to manage and analyze groups of investments, using graphical representations such as those developed by the company, including the following:

  • Storage and display of IT portfolio performance metrics
  • Scorecards that display groups of IT projects by portfolio, computing and displaying portfolio summaries and roll ups
  • Delivering Dashboards to track IT performance metrics of particular investments within the IT portfolio
  • Facilitating the navigation between scorecards and drill down dashboards

This latest patent expands ProSight's patent portfolio, which also includes other granted patents in the United States, Canada, and Australia as well as compliments other pending domestic and international patent applications and awards.

In 2002, we chose ProSight for their clear leadership in portfolio management and are now leveraging ProSight solutions for both IT project investment management as well as other enterprise investment areas beyond IT projects, said Walter Weir, CIO, University of Nebraska. This newest patent reaffirms what we have known to be true of ProSight and their solutions, but even more important we are realizing the business results to prove it.”

"We are extremely pleased to be granted this patent for our enterprise investment management methods and technology," said Mark Lawler, CTO and head of Product Management of ProSight. "Dating back to 1998 as pioneers in portfolio management software, we were convinced of the value that our approach and solutions would deliver to the market. Although filed several years ago, acquiring this patent further ensures that the techniques, methods and software that built the portfolio management market will continue to offer protection and provide value to our customers and partners."

About ProSight
ProSight offers world-class Enterprise Investment Management solutions for government and business.  These solutions drive the planning and control for all types of business or technology investments, deploying objective, auditable processes and metrics, while facilitating collaboration among all stakeholders.  ProSight's customers get rapid results, including rationalization of current spending, optimization of support for the business, and active governance to obtain the highest possible return on investment.  For more information on ProSight and our customers’ success, visit www.prosight.com

Media and Analyst Contact
For media and analyst inquiries, please contact Steve Hall, Marketing Manager, ProSight, Inc., 503.889.4887, steve.hall@prosight.com.




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