FUSIONLIVE 150,000 users online now $5m R&D investment crystallizes into world-leading SaaS platform upgrade

Online, April 8, 2010 (Newswire.com) - San Francisco, USA - Sword CTSpace, a global leader in providing document management and collaboration workflow applications for the construction and engineering industry, is releasing today FusionLive. This is the latest addition to the Fusion family of products which provide a unique combination of on premise and cloud based content management solutions to the engineering and construction industries.

Gert-Jan de Kieviet, Sword CTSpace's Global Operations Director, explains: "As a new state-of-the-art Cloud-based engineering collaboration solution, FusionLive stands to revolutionize the content management industry with its combination of easy and quick implementation, advanced yet simple-to-use interface, absolute data security, and an array of outstanding document management, business process management and project collaboration features."

FusionLive helps ensure that even the most complex projects, which can involve geographically dispersed teams of people representing a broad variety of companies and hundreds of different document types, run smoothly. FusionLive includes complete document and process management functions that improve project communication, enhance the ability to manage schedules and risks and ensure regulatory compliance by maintaining an audit trail of the project. As a Cloud computing solution FusionLive can be implemented in a matter of hours, depending on the project complexity, using its predefined templates. This ensures a successful, timely, and cost effective deployment with an immediate ROI.

FusionLive has been developed by Sword CTSpace´s own development team of over 10 years' experience to provide a truly revolutionary user interface unlike any other in the current market. The aim of the new product is to make collaboration on complex projects as easy and simple as possible. Mathieu Pollet, the Product Director, has designed FusionLive with the end users in mind and the many new features of FusionLive reflect this objective very well. He explains "business users have become very web literate and they've come to expect that web applications provide them with the same flexibility and level of personalization as they are used to getting with their traditional desktop-focused applications. With FusionLive we have realized that by combining proven robust enterprise level business logic with state-of-the-art web 2.0 technologies."

Heath Davies, Sword Group CEO, stated, "following two years of development pooling SaaS expertise from San Francisco (USA), Pune (India) and Wales (UK), we have now delivered an outstanding new user experience for our customers and prospects. This new intuitive application allows the solution to be rapidly deployable across multiple sites with limited training. I believe that our combined Fusion product family (cloud and on premises) sets the Group apart from its competitors."

About Sword CTSpace
Sword CTSpace provides document control, cost management and business process automation solutions to companies with capital assets to design, engineer, construct and maintain in any location in the world. More than 145,000 professionals on 13,000 projects in 56 countries benefit through improved collaboration, enhanced ability to manage schedules and risks, and improved regulatory compliance. Sword CTSpace is unique in offering both online 'software as a service' (SaaS) solutions and on premises enterprise solutions, the latter of which leverage an organization's existing investment in leading ECM platforms. Sword CTSpace is part of the Sword Group of companies. For more information, please visit www.sword-ctspace.com

About Sword Group
Sword Group (NYSE Euronext: FR0004180578 SWP) delivers high value business applications to the world's largest companies globally. With operations in 37 countries, Sword today employs around 1,700 people and generates more than $270m in consolidated revenue. An international leader in the delivery of Business Process Improvement solutions, Sword's skills, infrastructure and experience help our customers across regulated industries optimize performance, increase efficiencies and maximize return on investment. With flexible delivery options, including On Demand and On Premises, combined with our extensive industry expertise, Sword provides comprehensive support to customers across insurance & healthcare, energy, banking & finance, telecoms, utilities, engineering & construction and the public sector. For more information, please visit www.sword-group.com

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Media contacts:
• Americas: Tom Pietryga - Business Unit Director Americas, Sword CTSpace - Tel: +1 (714) 325 5420 - [email protected]
• EMEA: Lydie Francart - Marketing Director, Sword CTSpace - Tel: +33 (0)1 4467 2420 - [email protected]