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Department Of Labor Streamlines $10B Grant Application Process With Handysoft's BizFlow

DOL Expects to Reduce Grant Turn-Around Time by 20 Percent

Vienna, VA - March 20, 2007 -

HandySoft Global Corp., a leading provider of business process management (BPM) solutions, announced that the U.S. Department of Labor (DOL) has deployed HandySoft's award-winning BPM platform BizFlow® as a part of its department-wide E-Grants initiative. DOL is leveraging BizFlow to streamline and automate its annual grant application funds process with the goal of reducing grant turn-around time by 20 percent.

The E-Grants solution was mandated by the President's Management Agenda (PMA) and is sponsored and developed by the Employment and Training Administration (ETA). The ETA accounts for about 90 percent of all grants administered by DOL. The ETA is the first of the nine agencies within DOL to use the E-Grants solution. The ETA site went live in November 2006, and sites for the other agencies will be deployed within the next several months.

The E-Grants system interfaces with Grants.gov, the federal portal facilitating online grant advertising and public submission of electronic grant applications. The site is the single access point for more than 1,000 grant programs offered by federal agencies. Together, the E-Grants system and Grants.gov allow DOL to electronically issue grant announcements and process grants while providing potential grantees an electronic means to apply for grants and track their application as it is processed.

Leveraging BizFlow, DOL expects to meet the standards set forth by PMA and the Office of Management and Budget (OMB) by significantly reducing grants turnaround time and accelerating the distribution of awards to qualified organizations. Previously, the ETA was using manual, paper-driven steps which were not as efficient or reliable.

"HandySoft was selected for this project based on our track record of successful deployments within the federal sector," said Jim Worley, chief operating officer at HandySoft. "Government agencies at every level are increasingly challenged to update and transform IT systems in order to deliver superior service to taxpayers. By shortening the time required to issue grants to applicants, the DOL is an excellent example of improved taxpayer service."

The ETA chose BizFlow after a thorough vendor selection process. A project team then developed the E-Grants system and configured HandySoft's flexible BPM platform to address DOL's specific requirements.

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About HandySoft Global Corp.
HandySoft Global Corporation is a leading global provider of Business Process Management (BPM) solutions. By orchestrating people, information and processes, HandySoft delivers innovative enterprise BPM solutions that automate and simplify processes, enforce best practices, improve quality and productivity, and foster collaboration. HandySoft takes a unique approach to BPM by providing a framework for both structured and dynamic work.

BizFlow®, HandySoft's award-winning platform for structured BPM, includes tools for designing, automating and monitoring business processes, presenting and accessing work, integrating existing IT systems and administering the platform itself.

HandySoft also offers OfficeEngine™, the industry’s first solution to combine the power of traditional BPM with the flexibility of e-mail. OfficeEngine enables knowledge workers to create, assign, sub-delegate, track and execute mission critical work in real time. By providing executives with increased visibility and control and driving knowledge worker productivity, this dynamic BPM offering allows organizations to benefit from greater accountability and insight into business operations.

As a global solutions provider, HandySoft Global is headquartered in Vienna, VA, USA, with a subsidiary in London, UK, and with strategic partner representation throughout the world. HandySoft has implemented process management solutions at hundreds of sites worldwide. For more information call +1-703-442-5600, email info@handysoft.com or visit http://www.handysoft.com.

HandySoft, the HandySoft logo, OfficeEngine, BizFlow and BizFlow Accelerator Suites are trademarks of HandySoft Global Corp. All other trademarks are the property of their respective owners.