PRISM and PRISM G2 by ARES Corporation

Sinclair Knight Merz (SKM) Standardizes on ARES PRISM^G2 to Manage Costs for its Global Project Portfolio

BURLINGAME, CA – ARES Software Corporation, a leading project management solutions provider, today announced that Sinclair Knight Merz (SKM) is standardizing on PRISM^G2 to manage their enterprise project cost management and engineering deliverable needs for their global mining and metals projects.  SKM plans to roll-out PRISM^G2 across all of their sectors including Infrastructure, Power and Energy, and Water and Environment.

With PRISM^G2, SKM has the most advanced enterprise cost management solution for time-phased budgeting, forecasting and engineering progress metrics resulting in real-time visibility for their executives.  “SKM selected PRISM^G2 for many reasons, but especially for its proven capability to manage the entire project lifecycle,” said Ken Collins, SKM Global Service Line Leader – Project Controls.  “We will leverage the experience of ARES Software and PRISM^G2 to standardize our project controls business processes providing us with consistent reporting across our global portfolio.”

“We are pleased that SKM selected PRISM^G2,” said Scott Hyman, Vice President of ARES Software. “Given SKM’s rigorous requirements, ARES Software is the only best of breed provider equipped with industry knowledge, proven experience, and capabilities that SKM needs to increase efficiency throughout the project life cycle while optimizing costs across the enterprise.  We are proud of this strategic partnership and we look forward to our continued working relationship.”

About Sinclair Knight Merz (SKM)

Sinclair Knight Merz is a leading projects firm, with global capability in strategic consulting, engineering and project delivery. It operates in three regions: Asia Pacific, the Americas and EMEA (Europe, Middle East & Africa), deploying some 7,000 people from more
than 40 offices while serving the Buildings and Infrastructure, Mining and Metals, Power and Energy and Water and Environment sectors. www.globalskm.com.  Contact: Maria Whaley, SKM  +61 7 3026 7353

ARES Software Corporation

ARES Software, a subsidiary of ARES Holding Company, is a world-class provider of integrated project management solutions.  Organizations in more than 50 countries rely on PRISM to manage the engineering and construction of capital projects and lower cost, mitigate risk and improve project performance.  Our customers include 4 of the 5 top defense agencies, 8 of the top 10 mining companies and countless energy, oil and gas, aerospace and engineering and construction firms from around the world.  With more than 95% repeat business each year,
ARES is a results-oriented business partner with a drive towards 100% customer satisfaction.  www.arescorporation.com/prism. Contact: Nicole Stephano +1 610-662-6145

Standardization and Integration by ARES Software Supports Improved Programme Certainty of the Largest Addition to the London Rail Network

BURLINGAME, CA – ARES Software, a leading project management solutions provider, today announced that Crossrail, the new high frequency railway for London and the South East, implemented PRISM^G2 by ARES Software to integrate and support the project controls processes for this critical, 21-kilometer route through London with estimated project cost at $24 billion USD.

To effectively manage a programme of this size, Crossrail required an easy-to-use solution that integrates standard project controls processes and systems.  Crossrail selected PRISM^G2 for many reasons, but especially for its proven capability to manage construction projects of this magnitude, and ability to integrate with existing management systems.  With PRISM^G2, the Crossrail team has an easy-to-use, enterprise cost reporting solution that provides leading budgeting, forecasting and earned value metrics resulting in instant visibility for their project managers.

“We are very proud that Crossrail, has selected PRISM^G2 as the cost management solution of choice on this high-profile, high-risk, mega project.  By choosing this best of breed solution, Crossrail project managers have immediate access to critical information, allowing them to make informed decisions with accurate data, while reducing their reporting processing time.” said Chris Donohue, Director, European Operations, ARES Software.

“This investment demonstrates Crossrail’s commitment to innovation and validates our vision in delivering solutions that reduce our customer’s risk for on-time, within budget delivery.” said Dr. William Vantine, President, ARES Corporation.  “We are excited to be a team member of this challenging project that will better the lives of millions of people that live, work, and visit the London area.”

ARES Software Corporation

ARES Software, a subsidiary of ARES Holding Company, is a world-class provider of integrated project management solutions.  Organizations in more than 50 countries rely on PRISM to manage the engineering and construction of capital projects and lower cost, mitigate risk and improve project performance.  Our customers include 4 of the 5 top defense agencies, 8 of the top 10 mining companies and countless energy, oil and gas, aerospace and engineering and construction firms from around the world.  With more than 95% repeat business each year, ARES is a results-oriented business partner with a drive towards 100% customer satisfaction. http://www.arescorporation.com/prism/products/prismg2/.

Acumen and ARES Software announced their intentions to deliver cost-based performance measurement and analytics with the integration of Fuse and PRISM^G2 in November 2011.

To learn more visit: http://www.projectacumen.com/assets/Uploads/Acumen-and-ARES.pdf

PRISM^G2 Annual Partner Conference brings together partners representing 34 countries.

BURLINGAME, CA – ARES Software, a leading project management software provider, today announced the expansion of its channel partner network due to the world-wide and growing PRISM ^G2 customer base.  Based on the successful launch and adoption of PRISM^G2, the company has grown its channel to 17 partners worldwide and expects further expansion throughout the 2011.  Most recent additions include the Middle East, Australia, India, China, South Korea, Japan and South Africa.

Scott Hyman, Vice President of Channel Sales said “ARES Software is very excited about our rapid growth.   With channel partners representing ARES and PRISM^G2 in over 34 countries, we are better positioned to support our global clients’ needs and expand into new markets.”

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Thompson Creek Metals Company Inc. is a growing, diversified, North American mining company. Thompson Creek will standardize on PRISM for the Mt. Milligan copper-gold mine construction project in northern British Columbia. Thompson Creek will use PRISM throughout the construction process to procure equipment timely, measure contractor performance, and provide accurate forecasts to ensure on time, within budget delivery. Mt. Milligan is expected to commence production in 2013.

Next generation solution delivers everything required to manage capital projects. End result, project cost savings opportunity of up to 20%.

BURLINGAME, CA – ARES Corporation, a leading project management software provider, today announced the immediate availability of its newly released PRISM^G2, a fully-integrated Project Cost Management solution designed to manage local and multi-national capital projects from conception to completion.  Industry leaders, including the top energy, oil and gas, mining and engineering and construction firms around the world, are selecting PRISM^G2 to standardize project control processes resulting in improved planning, budgeting, earned value management and cost control of their capital projects.

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ARES Corporation, a global technology solutions provider, is Engineering the Future of Project Management with its next generation Project Cost Management solution, PRISM^G2.   ARES Corporation is hitting the road and visiting Calgary, Houston, Huntsville, Washington, D.C. and Johannesburg.  Significant attendance expected. Don’t miss this opportunity, register now.