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Prince George's County Integrates PARAGON Program Management System™ From ViaNovus® Into Department Of Housing And Community Development Operations

Oakland, CA - ViaNovus, a leading provider of program management solutions for the construction industry, today announced that PARAGON Program Management System has been selected by Prince George's County in Maryland for use in the Department of Housing and Community Development (DHCD). The DHCD staff has begun using PARAGON to manage cost and budget allocations for the state and federal housing grant and rehabilitation loan programs under its jurisdiction. PARAGON is the only owner-focused program management tool to integrate all facets of program management into a unified Web-based system for immediate access to cost, schedule and communications information.

"Our division of 20 employees is primarily responsible for administering two large-scale entitlement programs, which differ significantly in the way funds are allocated,"
explained James Lyons, who heads the DHCD's Housing Development Division. "One program consists of a single funding source which provides capitalization for multiple housing projects, while the other is a single-family-dwelling rehabilitation program that derives its financial support from many funding sources. Consequently, we needed a program management tool that would enable the entire department to track the monies our department has to allocate and to ensure those dollars are being spent according to plan. PARAGON was the perfect choice for us: it's a cost-effective, off-the-shelf solution that performs all of the cost administration and reporting functions we require," he said.

About ViaNovus
ViaNovus is a leading provider of Web-based program management software and services that introduce the concept of project intelligence into the traditional management process. Its premier product, PARAGON Program Management System, starts at the program level and delivers owner-focused project intelligence on an unlimited number of projects and their related contracts. Hosted on the ViaNovus 24/7 network, PARAGON provides clear solutions to cost management, schedule adherence and communications accountability by linking all such information about the program in an integrated environment. PARAGON is being used nationwide in construction programs worth more than $85 billion.

ViaNovus is headquartered in Alameda, CA, and is venture-funded by Polestar Capital Partners and New Vista Capital. For additional information, please visit the Web site at www.vianovus.com.

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ViaNovus and PARAGON Program Management System are trademarks of ViaNovus, Inc.