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R&D P&L Commercial Launch.

December 2004 — R&D P&L complements R&D Manage and supports the calculation, formatting, viewing (including drill-down) and direct download to Excel of a Company's Profit & Loss Statement. The module also automates allocations (Facility, G&A, &D, Cost of Goods Sold, etc.) required to produce a complete P&L statement.

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R&D P&L 2.0 Release Launch.

December 2004 — R&D P&L has been enhanced with additional flexibility for defining financial reporting criteria as well as new publishing features for easy distribution. There are currently seven different companies that have purchased this application and are successfully using it for producing and distributing monthly and pro-forma financials.

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R&D Time 1.0.

February 2004 — R&D Time 1.0 release has been commercially launched to two sites. The response from customers has been overwhelmingly positive and enthusiastic.

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