Privia® Bid Lifecycle Software "Earns Its Stripes" With Five Of The Largest Defense Contractors In The WorldACS, Boeing, CGI-AMS, Lucent and Lockheed Martin Now Using Privia to Win More Government Business; Privia 4.2 Upgrade to Further Boost Synchris Market Share.June 7 2006 – Sterling, VA. –Synchris, Inc. announced today that five of the biggest names in the world of defense contracting are now using the firm's Privia® bid and proposal lifecycle management software for support of capture management and proposal development. A real-time application used by companies to be more successful in pursuing government business, Privia helps such firms improve pipeline management and bid response. The significant new Privia 4.2 upgrade announced on May 1, 2006 positions Synchris to make even deeper inroads into the defense contractor market, according to company officials. Affiliated Computer Services, Inc. (http://www.acs-inc.com/, Boeing (http://www.boeing.com/), CGI-AMS (http://www.cgi.com), Lucent Technologies (http://www.lucent.com), and Lockheed Martin (http://www.lockheedmartin.com) are five of the largest companies currently using Privia software. Defensenews.com ranked Lockheed Martin and Boeing as the first and second largest defense contractors in the world, respectively, in 2004. With $37.2 billion in sales, Lockheed Martin retained its title of largest defense contractor in the world in 2005. Synchris Vice President of Product Marketing, Annie Eissler said: "Privia has really earned its stripes in proving it can support the needs of big government contractors like Lockheed Martin. Privia provides a platform for the largest U.S. defense contractors to work in a cohesive fashion with their sub-contractors, opening up more opportunities. Privia is the only platform in the market that automates three key business processes - fielding opportunities and task orders, managing proposal development, and teaming with smaller companies to win large scale contracts. Defense contractors have even more reason to turn to Synchris now that we are making available the enhanced Privia 4.2 upgrade." How are the world's largest defense contractors using Synchris' Privia? Lockheed Martin installed Privia to support the requirements of proposal developers who needed to find a way to collaborate securely and efficiently with teaming partners. At Lockheed Martin, Privia is used to create workspaces for internal and external participants in a wide range of proposal development efforts, including collaboration on documents, control of commenting and versions, centralization of all content management during the proposal effort, and archiving of all activities and documents for future reference and auditing. The easy-to-use tools within Privia minimize data entry and provide a glass pipeline to executives. Privia is delivered with complete Microsoft desktop integration and includes document management, teaming partner connectivity, communication with presence detection, configurable workflow, reporting, and comprehensive search capabilities through an easy-to-use interface. Privia can support an unlimited number of team members from various companies working together in real-time for efficient bid response and task order management. The software and commercial terms are scalable to accommodate licensing options from five to 5,000 users. On May 1, 2006, Synchris unveiled a Privia 4.2 upgrade which is an enhanced out-of-the-box version of its popular Privia software for enterprise licensees and on-demand subscribers engaged in government contracts, bid proposals, and task order management. One major advance under the Privia 4.2 upgrade is the integration of FSI and INPUT® into the Synchris toolbar, which allows users to download opportunity data identified through these and other leading government opportunity sources, with one click, into a structured format. FSI and INPUT are subscription-based services used to identify new government business opportunities. About SynchrisBased in Sterling, VA, Synchris, Inc. (http://www.synchris.com) is a provider of virtual workspace software that integrates communication, collaboration, document management and workflow features into a unified application that seamlessly integrates with the Microsoft desktop. Synchris' flagship product, Privia® by Synchris™, helps businesses bidding on state, local and federal government contracts reduce proposal costs and improve win rates. Synchris investors include Novak Biddle Venture Partners, Aurora Funds and Inflection Point Ventures. For more information visit http://www.synchris.com or contact us at info@synchris.com or (571) 434-2982, ext. 276. Contact
Patrick Mitchell, |