CMCS to strengthen Middle Eastern presence in 2009 as follow up to 50% revenue growth in 2008

The company is preparing the opening of new offices in KSA and Bahrain while broadening new operations in Jordan, Qatar, and Lebanon that it launched in 2008.

This strategically follows a solid 50% revenue growth and a more than 25% increase in the number of employees in 2008 despite challenging regional and global economic conditions. CMCS started off 2009 with the launch of a roadshow plan that will span the entire region throughout the year; it will soon co-organize a major user event with Oracle Primavera as well. The company's goal is to familiarize key sectors throughout the region with the best Project Management practices and their indispensable value amidst the current economic crisis.

In 2008, the company secured partnerships with major companies such as BARWA Real Estate and Al Habtoor Leighton Group, among others. It also conducted 95 public training courses attended by 953 delegates and organized 185 in-house training sessions for 1,707 trainees as part of its certified products and accredited project management & value engineering training programs, reinforcing its commitment to helping organizations maximize the potential of their personnel. CMCS' inclusion of the Hard Dollar project cost management and Synchro 4-dimensional construction simulation software solutions to its product portfolio last year further increased demand for its services.

"Our exceptional performance in 2008 reflects how Project Management (PM) solutions have become essential to the viability of the region's key sectors, which continue to be significantly affected by today's challenging economic conditions. Our products and services enable businesses to significantly reduce operational costs and ensure timely handover. We look forward to another growth period in 2009, as we expect the construction and real estate sectors in particular to seek our assistance in streamlining their projects to adjust to present market realities,"

said Bassam Samman, CEO & Founder, CMCS.

During the Primavera Authorized Representative (PAR) Meeting last January 2009 in London, CMCS was presented the $4m Club award for 2008 for achieving $4m or more in revenues, becoming the first-ever PAR to receive the recognition and the only recipient of the award for the year. The company was also honoured in the Top Performer New License - International category and handed the 2008 Prima Club award for achieving 100% or more of its annual plan. CMCS has thus received a total of 49 awards from Primavera since their partnership started in 1984.