PNMsoft Expands European Presence to Support Additional Western European Markets Added New Subsidiary and Office in Lisbon, Portugal for Sales and Support Services

London, UK , July 27, 2010, PNMsoft announced today their plans to expand their European presence to support additional western European markets. The new subsidiary called PNMsoft Portugal - Sociedade Unipessoal, LDA was launched earlier this month in Lisbon, Portugal. This reflects the firm's continuing goals to expand and maintain its growing customer base in Europe and to take advantage of the growing opportunities in the BPM Market in Portugal and Spain. PNMsoft's currently has offices in Israel, USA and the United Kingdom.

"The Portuguese business process management market is expected grow with a CAGR of 15.2% over the 2007-2013 period. The Portuguese financial services vertical accounted for a 21% share of the total BPM market. The Spanish business process management market is expected grow with a CAGR of 15.1% over the 2007-2013 period. Spanish financial services vertical accounted for a 21% share of the total BPM market. (European BPM Market, Datamonitor, 2009)

"Physical presence in the regions where our customers operate is essential ," said Gal Horvitz, CEO of PNMsoft. "This is why we will continue to enhance our infrastructure and expand our international presence in key markets. Our vertical focus is on Central and Local Government agencies, financial services, travel and other vertical markets; we have proven and fast ROI for our existing clients in other parts of the world in these key industries."

About PNMSoft:

PNMsoft was founded in 1996 by experts in human workflow processes and specializes in Business Process Management (BPM) and Workflow Automation solutions for business users. The company is a multi-national enterprise with its headquarters in the UK and a global network of business partners and associated offices. PNMSoft offers the best and quickest ROI for Enterprise and High-end midmarket organizations seeking a high-end BPMS based on the Microsoft stack.

PNMsoft is noted for looking beyond pure software issues, towards concerns such as customization and fast ROI. The company has forged close and long-standing partner relationships, particularly with Microsoft, which has appointed it a Microsoft Gold Certified Partner and the Partner of the year 2009 award finalist. PNMsoft is also a member of the Microsoft Business Process Alliance. PNMsoft was awarded Gartner's 2010 BPM Cool Vendors Award and Deloitte's Fast50 List.

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