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Meridian Implements Proliance® Within Real Estate and Retail Markets

Trammell Crow Company and the Westfield Group go live with web-based solution to optimize building, construction and facilities initiatives

FOLSOM, Calif. (July 22, 2004) — Meridian Project Systems®, provider of enterprise solutions for managing large physical infrastructure initiatives, has implemented its Proliance solution with two industry leaders in the real estate services and retail development markets. Trammell Crow Company, a diversified global real estate services firm, and the Westfield Group, one of the world's leading shopping center organizations, have successfully implemented and begun using Proliance.

Proliance optimizes project lifecycles and automates business processes for real estate, construction, and other physical infrastructure initiatives. Proliance uniquely combines complete Project and Portfolio Management functionality, Business Process Management and a Business Intelligence layer in one comprehensive solution. Proliance is designed for large business enterprises that rely on physical infrastructure to deliver their core business, whether that infrastructure is manufacturing facilities, retail outlets, office buildings or transportation systems.

Trammell Crow Company
Trammell Crow Company is currently leveraging the Budget and Contract Management and Vendor Management business applications of Proliance to streamline cost tracking and to manage thousands of clients, contractors and subcontractors across geographies. The company has also rolled out the Office Management business application to automate drawing and correspondence management across all of its projects.

"We currently have users nationwide utilizing the Proliance solution," said Sam Sockwell, assistant vice president of information technology for Trammell Crow Company. "Proliance technology allows our project managers to become both more efficient and more effective, and to provide an even greater level of service consistency to our clients.

"The Proliance workflow engine allows us to automate business processes across every function. As a result, we can reduce the time and effort needed to process information, as well as ensure better enforcement of best practices company wide," finished Sockwell.

Westfield Group
Westfield's initial implementation serves more than 30 users in the United Kingdom (200 US and UK-based users by September 2004) from a single solution hosted in Los Angeles, Calif. The Proliance solution allows Westfield to collaborate and share data more efficiently across six key areas: development, design, construction, architecture, leasing and management functions.

Using the Proliance XML technology format, Westfield employees and partners can easily share and re-use data for several purposes, including job costing and contract management, managing drawing and design documents, and collaborating on construction. The bottom line result is improved visibility into Westfield’s multiple business units, and optimized performance of its retail development portfolio, valued at $5 billion in the near term with longer term identified developments of an additional $3.5 billion.

"Proliance technology brings incredible value to our owner/operator/construction company in a way we had not previously conceived," said Rick Gehringer, global chief information officer of Westfield. "It breaks down barriers, automates building processes, and provides a level of integration that hasn't been seen before," commented Gehringer.

Both Trammell Crow Company and Westfield value that Meridian has adopt open technology standards and aligned with the Microsoft .NET application framework. By leveraging XML and Web services, the Proliance platform provides long-term dividends by supporting their future technology strategies, allowing integration with other core business solutions. Westfield is planning to benefit from this flexibility, by using XML to integrate Proliance with PeopleSoft’s Enterprise One application.

For a complete overview of the Proliance solution, join Meridian President and Cofounder John Bodrozic and the Meridian product management team for a free one-hour webinar on how to optimize project lifecycles. Register before Aug. 11, 2004; visit www.MeridianSystems.com /Proliance or call Meridian at 800.850.2660.

About Trammell Crow Company
Founded in 1948, Trammell Crow Company is one of the largest diversified commercial real estate services companies in the United States. Through its Global Services Group, the company provides building management, brokerage and project management services to both investors in and users of commercial real estate. Development and investment services are provided through the company's Development & Investment Group. In addition to its full service offices located throughout the United States, the company has offices in Canada, Europe, Asia and Latin/South America focused on the delivery of real estate services to corporate customers. The company delivers brokerage services outside the United States through strategic alliances with leading providers - in Europe and Asia, through Savills, plc, a leading property services company based in the United Kingdom; and in Canada, through JJ Barnicke, a leading Canadian real estate services provider. Trammell Crow Company is traded on the New York Stock Exchange under the ticker symbol "TCC" and is located on the World Wide Web at www.trammellcrow.com

About The Westfield Group
The Westfield Group is one of the world's leading shopping center organizations - a vertically integrated group of companies involved in funding, creating and managing a global portfolio of shopping centers. Westfield serves as developer, architect, builder, property manager and funds manager for a US$24 billion (A$34 billion) portfolio of 123 shopping centers in four countries that comprise around 96 million square feet (9 million square meters) of retail space and include 17,600 retail outlets.

About Meridian Project Systems
Meridian Project Systems provides enterprise solutions to industries managing real estate, construction, and other physical infrastructure initiatives. Meridian solutions are used by more than 8,500 of today's large building owners, government agencies, and engineering and construction firms to effectively improve top line revenue growth while reducing their capital construction costs. Meridian uniquely provides both traditional software and hosted ASP solutions, and ranks as a market share leader in project management software among general contractors with over $100 million in revenue*. Meridian has an impressive track record of revenue growth over its 11-year history, and has been repeatedly recognized as a Constructech Magazine Hottest Technology company. Meridian is headquartered in Folsom, Calif., with additional offices in Düsseldorf, Germany; Vancouver, British Columbia; and Sydney, Australia. For more information, call Meridian at 1-800-850-2660, or go to www.MeridianSystems.com.

*Statistics excerpted from CFMA's 2004 Information Technology Survey for the Construction Industry, fourth edition with the permission of the Construction Financial Management Association, Princeton, NJ, 609-452-8000.

Meridian Contact
Sue Watkins, Director of Marketing
swatkins@meridiansystems.com


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