Skire Unifier Delivers Transparency In New Era of Infrastructure Investment

Solution Helps Government Agencies Track and Report on
Project Funding for Increased Accountability

Menlo Park, CA, January 22, 2009 - With the new administration, a level of infrastructure investment not seen in over seventy years is expected to unfold with heightened emphasis on accountability and transparency. Public sector capital improvement and infrastructure projects are expected to receive additional scrutiny and will require greater focus on managing risk and controlling costs. According to Skire, Inc. (www.skire.com), the leading provider of infrastructure project management software, a public agency that is unable to report the use of funds quickly, accurately and transparently will be left out of funding opportunities.

Recent economic turmoil remains at center stage in public awareness, and taxpayer concerns about stewardship of taxpayer dollars have reached an all-time high. In his inaugural address, President Obama stated, "Those of us who manage the public's dollars will be held to account to spend wisely, reform bad habits, and do our business in the light of day."

Skire Unifier™ provides government agencies with the transparent cost tracking and funding management capabilities required for a new era of accountability. Unifier's Planning Manager capability allows customers to define, plan and prioritize projects to quickly respond to new funding opportunities and execute the funding process with greater transparency. Unifier's Funding Manager supports multiple funding sources for capital projects by linking funds to assigned projects and automating spending tracking and draw-downs against allocated funds. The product's hallmark cost control features help organizations maintain tight control over spend commitments and actual spending for proactive project management. Skire customers have instant visibility into spending status and real-time reconciliation for accurate reporting.

Skire has taken a leading role in helping numerous public-sector organizations plan and execute capital improvement programs, including the State of Ohio, City of Wichita, Michigan State University, the University of Texas System and the City of Fort Worth.  "Skire Unifier is a core system that assists The City of Fort Worth in capital project delivery," said Sandy Oliver, assistant director of the program management office. "The new administration's proposed stimulus package places a premium on project readiness, streamlined execution and accountability. The Unifier platform can assist the city in all of these critical functions."
"The new administration's call to action regarding accountability and transparency resonates very loudly with our customers," said Massy Mehdipour, Skire's chief executive officer. "Skire is positioned at the epicenter of providing technology that assists in responding to this challenge. As our public sector customers receive increased infrastructure investments, our solutions will enable them to accurately report funding utilization to ensure future funds. A new era is upon us: use it right or lose it."

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.