SANTA CLARA, CA -- (MARKET WIRE) -- 06/26/07 -- ITM Software, provider of the only integrated IT business management solution designed specifically for the CIO and IT organization, announced that a company executive will be a featured speaker tomorrow at The World of IT Financial Management Conference in Las Vegas.

John Chambers, Principal Consultant for ITM Software, will present at the conference, which is organized by the IT Financial Management Association, on "Innovation in IT Financial Management: Leveraging a System of Record To Gain Improved Visibility, Better Decisions and More Business Value." During the conference, which is designed to address the wide range of responsibilities in the field of IT financial management, Chambers will focus on several themes, including:

--  Improving the speed and fidelity of IT financial planning and analysis
--  Creating a tight connections between IT vendor management in the
    context of managing and analyzing IT spend
--  Creating trust and collaboration with business units via cost
    transparency
--  Translating IT Costs into business benefits
--  Budget management and accommodating business climate changes
--  Reporting and forecasting techniques
--  Isolating budget variances and expediting root cause analysis
    

"The ITFMA Conference is an important show for anyone in the field of IT financial management," said Hank Leingang, ITM Software's CEO. "John Chambers has unique insight into a number of important themes that I'm positive attendees will find of great value."

About John Chambers

Chambers has more than 25 years of experience in a variety of IT and business management disciplines, including: project methodologies, quality management techniques, and technology development. Currently, he is a principal consultant for ITM Software, where he specializes in the impact and benefits of IT on business operations and financial management.

Prior to ITM, Chambers was Corporate Vice President, Information Systems with PAREXEL International, a global enterprise supporting the medical and pharmaceutical industry. In his role, he was responsible for all global operations, system development, data centers, high-end system architectures, and IS quality management, as well as having a leadership role in corporate client relations, crisis management, recovery planning and IT validation.

Prior to PAREXEL, John led global programs and cross-cultural technology implementations with organizations such as GTE, Lockheed Martin, and HP. He received his Bachelor of Science in Computer Science at Boston College and a Master of Science degree in Computer Information Systems from Rivier College.

About ITM Software

ITM Software provides CIOs and IT organizations with software products and services that advance the business management of Information Technology. The ITM Business Suite delivers the visibility and control required to make fact-based decisions regarding IT finance, vendors, people, assets, projects, and compliance. Comprised of former CIOs and IT leaders, the ITM team provides best practice expertise in IT Business Management, enabling clients to drive down costs, better align IT with business objectives, and deliver more business value. Founded in 2001, the company serves IT organizations within Fortune 2000 corporations, government agencies, and universities. ITM Software is privately held and is headquartered in Santa Clara, California.

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Kickstart Consulting, for ITM Software
Maria Krinsky
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