Realization's Project Flow Software To Keep Telco Customers Talking
Project Flow Accelerates Infrastructure Development; Enhances Customer Service

SILICON VALLEY - May 6, 2004 - Realization Technologies today announced that eircom Ltd. in Dublin, Ireland, is implementing Project Flow to faster execute new infrastructure programs through its development facilities and deliver improved telecommunications services as a result. eircom, Ireland's No.1 telecommunications company, maintains more than 1.6 million fixed lines and provides a wide range of services including voice, data, Internet, carrier services and home security.

"Telecommunication operators have been under pressure to sustain profitability against cellular competition and regulatory demands. Enhancing customer experience with new products and services is crucial to defending market share. With Project Flow, eircom expects to bring new developments to market much faster and enhance delivery," says Realization Senior Director, Strategic Services Ray Immelman. "This way, the company can actually do more work with its specialized resources, resulting in substantial cost savings to boot."

"Conventional project management is based upon single project thinking, forcing every project to start as soon as possible and requiring precise schedules for tasks and resources at the time of planning itself. That's old faulty thinking as proven by $2 billion of wasted spending on project management software every year. The reality is, if you break the rules of single project thinking, you increase the flow of projects," adds Immelman.

About Realization Technologies, Inc.
Realization is successful by defying conventional wisdom. Its Project Flow software maximizes the flow of projects in multi-project operations by eliminating bottlenecks. Unlike conventional project portfolio management software that produces reams of data, Project Flow helps companies increase project performance; its success lies in defying single project thinking and providing robust multi-project rules. Endorsements include senior officials in the U.S. military and VP's in industry. Realization is headquartered at 2 North First Street, San Jose, Calif. 95113. Website is www.realization.com.

For more information, contact:

Tom Brigham
Brigham Scully
818-716-9021
tbrigham@brighamscully.com