DaimlerChrysler Services Purchases Evolve 5

EMERYVILLE, Calif., April 29 /PRNewswire-FirstCall/ -- Evolve(R)(NASDAQ:EVLV), a leading provider of service delivery solutions that optimize the way organizations drive revenue and value through people and projects, announced that DaimlerChrysler Services North America LLC, a leading financial services company providing brand-specific financing for automotive dealer inventories and retail consumers, has purchased Evolve 5 to optimize project management within its IT organization. By rapidly deploying Evolve 5, a suite of Web-based and enterprise scalable applications built to drive the business value of corporate IT, DaimlerChrysler Services aims to reduce costs while enhancing project collaboration throughout the organization.

"At DaimlerChrysler Services, it is important that our IT professionals collaborate with each other and our customers across the organization for improved service delivery and efficient investment of corporate dollars," said Pauline Kelly, Vice President of Information Technology Management for DaimlerChrysler Services. "Evolve 5 will allow us to accomplish this while establishing greater managerial control and consistent best practices to ensure our professionals are working on projects aligned with corporate objectives and, at the same time, keeping the customer happy."

With more than 5,000 employees managing a portfolio of $82 billion with nearly four million contracts for a myriad of vehicle-related services from financing and leasing to fleet management, DaimlerChrysler Services is continuously striving to improve visibility and collaboration across its IT organization. Evolve 5 will replace two current electronic service request management systems and simplify DaimlerChrysler Services' day-to-day customer interaction by integrating workers and dealers in a shared, collaborative environment. With Evolve 5, the company also plans to introduce standardized business processes in order to drive its Capabilities Maturity Model rating.

"We are proud to have been selected by DaimlerChrysler Services to enable full collaboration across their IT organization," said Linda Zecher, CEO of Evolve. "Evolve has helped many IT organizations align themselves with corporate objectives, improve service delivery and control costs, and we're looking forward to making the same impact at DaimlerChrysler Services."

Evolve's software suite optimizes project planning and prioritization, improves resource utilization and demand forecasting; promotes career planning to develop valuable skills and retain top talent; and rapidly delivers return on investments while minimizing customers' total cost of ownership. Evolve's solution helps service organizations integrate people and projects, and map these to corporate strategy in order to remain competitive in today's changing market.

About DaimlerChrysler Services North America LLC

DaimlerChrysler Services North America LLC provides brand specific financing for automotive dealer inventories and retail consumers and does business as Chrysler Financial and Mercedes-Benz Credit. It also finances commercial vehicles for affiliate products such as Freightliner, Sterling and Western Star. The company serves as the headquarters for the operations in the United States, Canada and Mexico and has over 5,000 employees who manage a portfolio of $82 billion with nearly four million contracts. DaimlerChrysler Services North America is a member of the DaimlerChrysler Services Group, headquartered in Berlin, Germany which operates in 38 countries with an employee base of nearly 10,000 and a global portfolio of EUR 127 billion. DaimlerChrysler Services is one of the leading financial services companies worldwide.

About Evolve

Evolve is a leading provider of service delivery solutions that optimize the way organizations drive revenue and value through people and projects. Global 2000 organizations including American Electric Power, Autodesk, DaimlerChrysler Services, EDS, Ericsson, Fleet Capital Leasing, Novell, Pershing (a CSFB company), Ryder and Siemens rely on Evolve's solutions to automate key business processes that deliver strategic initiatives to internal and external customers. Evolve is headquartered in Emeryville, California, and has offices throughout North America and the UK. 

www.evolve.com

Safe Harbor Statement
This news release contains forward-looking statements, including but not limited to statements regarding Evolve's customers, the benefits of Evolve's solution, and the success of Evolve's products and services in meeting its customers' needs. Actual results could differ and such differences could be material. These statements involve risks and uncertainties, including without limitation the fact that customers may not achieve the benefits anticipated from Evolve's products. Evolve undertakes no obligation to update publicly any forward-looking statements to reflect new information, events or circumstances after the date of this release. Investors are encouraged to review Evolve's filings with the Securities and Exchange Commission for a discussion of additional factors that could affect Evolve's future performance.

 

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