Artifact Introduces Completely Free System For Managing Software Projects

Media Contact:
Ananta Hejeebu
VP of Sales & Marketing
(888) 245-9168
ananta@artifactsoftware.com

Baltimore, MD—February 8, 2007 – Artifact Software, Inc., today introduced the first completely free, fully functional system for managing software development projects. In a market besieged by increasing demands to reduce costs through offshoring, eliminate security vulnerabilities that have become a daily threat, and assimilate the latest technologies at light speeds to deliver more value faster, a free professional management system that reduces development risks is long overdue.  For the first time, a real software development management system, previously only available to very large companies with large budgets, is now available to the broader software market for free.

Artifact’s Lighthouse brings all software project data into a single system so software teams can quickly and easily discover the hidden and obscure issues, bugs and mistakes that frequently doom software projects. Lighthouse replaces disconnected silos of information with a single unified system, so critical issues like schedules, budgets, quality, scope, productivity, and resource utilization can be managed, monitored and measured in real-time.

The real-time data and metrics that Lighthouse produces are critical to keeping projects on track.  According to Larry Fiorino, CEO of G1440 Technology Consulting, “Lighthouse provides me real-time data to manage my software organization.  Running a business without that information is like flying an airplane without gauges – you can do it, but it’s a lot more risky.

 “Software is perhaps the single most pervasive medium in the world today,” remarked Artifact CEO, Mark Wesker. “Yet, despite our dependency on software, we still see alarmingly high rates of software projects failing to meet budget, schedule, scope and quality goals. If we’re going to accelerate speed and quality in the software industry while keeping costs in check, we need more professional management tools and systems, similar to those used in sales, finance, and HR.”

Artifact’s free version, Lighthouse Pro, includes all of the key capabilities needed to manage, monitor and measure software projects.  It includes task management; requirements management, resource management, project planning, time sheets, test management, defect tracking, issue tracking, change requests, document management, workflow, alerts, role-based security, reports and dashboards and much more.  And, all of this is free.  Artifact offers a fully customizable and extensible version of its product called Lighthouse Premium, available as a paid subscription service.

One of the biggest benefits of Lighthouse is its ability to facilitate reliable and accurate communication amongst increasingly distributed and outsourced teams.  RDA Corporation, a Microsoft Gold Certified Partner with offices across the US, is using Lighthouse to improve client satisfaction.  Tom Cole, President of RDA said, “there is always a variance among the people involved in building software.  Until communication is clear, building software is risky to both the client and service provider.  Lighthouse provides the objective clarity and consistency I need to make business decisions.”

Lighthouse delivers an immediate return on investment – it is free.  With software development, each day of delay, each bug, each feature mistake has huge financial and credibility implications.  Wesker said, “so many problems in software development are avoidable, but those charged with managing the process have been stuck using disconnected and outdated tools.  Compiling the information needed to identify cost, schedule, quality, scope, productivity and utilization risks is virtually impossible. Lighthouse eliminates that bottleneck.  By taking disconnected tools, and fusing them into a single application, with a single database, executives and managers can easily identify troublesome trends, and make the course corrections necessary to achieve their project goals.”

Read more about Lighthouse or start using for free now at the company’s web site www.artifactsoftware.com.

About Artifact Software

Artifact provides the market leading software development management system Lighthouse, enabling companies to effectively manage, monitor and measure software development projects.  Whether outsourcing, dual-shoring or managing distributed teams, Lighthouse enables organizations to achieve total visibility and control over the software development process.   Artifact is a private company based in Baltimore, Maryland.  Investors and Board members include Intersouth Partners, New Markets Growth Fund, Draper Atlantic, Ray Oglethorpe, former President of America Online and John Burris, Senior VP of Sales & Services, Citrix.  For more information, please visit www.artifactsoftware.com.