BI Sotware suits project-focused professional services firms.

Press Release Summary:



Utilizing business intelligence capabilities of Microsoft SQL Server, Vision® v5.1 consolidates project and general ledger data into flexible views that can be quickly tailored. Supporting Microsoft SharePoint 2007 and Office 2007, it offers access to Vision CRM data, including contacts, opportunities, and activities from hand-held devices. Milestone Billing option allows users to add billing schedule to billing terms when any project is set up, independent of accounting periods.



Original Press Release:



Deltek Vision® 5.1 Provides Ease and Efficiency of Data Analysis



Latest Release of Deltek Vision Brings Decision Makers an Entirely New Way to Analyze Information Across the Professional Services Firm

HERNDON, VA (December 10, 2007) - Deltek, Inc. (NASDAQ: PROJ), today announced the release of Vision 5.1, the newest version of its industry-leading software solution for project-focused professional services firms. Utilizing the latest business intelligence capabilities of Microsoft SQL Server, Vision 5.1 takes reporting to a whole new level by consolidating project and general ledger data into flexible views that can be quickly tailored. With Vision 5.1, professional services organizations can gain greater insight into financial health and drive operational efficiency.

"We rely on Deltek Vision to help us streamline our projects," said JJ Brantingham, Director of IT for Sebesta Blomberg. "The new business intelligence and reporting capabilities within Vision allow us to take advantage of the vast amount of information we have about our firm. Without having to learn complex report customization or taking the time to compile multiple reports, Vision 5.1 helps us make more informed business decisions."

James Freeman, Chief Financial Officer for Alvine Engineering stated, "Vision 5.1 enables our project management teams to improve the way they look at their projects - and the resources that drive revenue. The blended flexibility of Vision's dashboard with the ability to display their projects using Visualization and 'my projects' data empowers them with the timely, key information they need. The addition of effective dating for billing rates enhances our use and reduces the manual effort and complexity of billing projects across periods where rates have changed."

Vision 5.1 also provides a number of other enhancements that help project-based businesses streamline operations, improve performance and win new business. These enhancements include:
o Access to Vision CRM data, including contacts, opportunities and activities, from hand-held devices adding convenience and reducing the chance of missing important client and prospect follow up activities
o Full support for Microsoft SharePoint 2007 and Office 2007
o Additional flexibility in the General Ledger for enhanced financial and compliance reporting to meet diverse market and customer requirements
o A new Milestone Billing option, which allows users to add a billing schedule to the billing terms when a project is set up, independent of accounting periods
o Integration with CyberRecruiter, allowing applicant data to automatically drive employee records in Vision.

"The Vision 5.1 release demonstrates our continued commitment to release innovative solutions that improve the efficiency of our customer's operations," said Scott DeFusco, Vice President of Product Management for Deltek. "The new functionality in Vision 5.1 will greatly enhance our customer's ability to successfully manage their complex, project-driven businesses." For more information about Deltek Vision, visit www.deltek.com/vision.

About Deltek
Deltek® (NASDAQ: PROJ) is the leading provider of enterprise applications software designed specifically for project-focused businesses. For more than two decades, our software applications have enabled organizations to automate mission-critical business processes around the engagement, execution and delivery of projects. More than 12,000 customers worldwide rely on Deltek to measure business results, optimize performance, streamline operations and win new business. Visit www.deltek.com.

For further information contact:
Warren Brown
VP of Strategic Communications, Deltek
703.885.9746
warrenbrown@deltek.com

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