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Projectplace and the SBL Group partner to make project collaboration an
affordable option

London, August 9, 2001 - Projectplace Ltd, the leading Internet Business
Service for project collaboration in Europe, has today announced a strategic
alliance with SBL Group Ltd. Under the terms of the agreement the SBL
Group, leading Web related improvements providers to the SME and property
owner markets, will include the Projectplace web-based collaboration service
within its portfolio of advanced services to SME businesses, usually only
available to much larger organisations.

"By providing a centralised, pay-as-you-go corporate infrastructure, we
allow our SME clientele to concentrate on core-processes whilst benefiting
from the significant advantages of being perceived to have 200 times their
actual spending power," said Dan Shorer, CEO of SBL Group. "We elected to
partner with Projectplace because they suited our business model and matched
the needs we identified within our client base. Projectplace is an
easy-to-use, functional service which allows people to communicate and
collaborate instantly and effectively."

"Projectplace's design, functionality and payment model means that it is
well suited for small-to-medium sized businesses as well as large
corporates," said Dak Liyanearachchi, managing director of Projectplace UK.
"Through using SBL Group's specialisation we can target this growing sector
of business very economically, gain maximum exposure and increase the
awareness and usage of the Projectplace service."

SBL Group provides instant benefits to SMEs and property owners through
incorporating different companies' overlapping processes and supply needs
into a centralised pay-as-you-go corporate E-infrastructure. This enables
SME's to experience significant cost savings through centralised buying,
outsourcing non-core processes, and availing outstanding non-rent related
income to property owners.

The business concept of Projectplace is to provide a global pay-per-use
web-based service for professional project collaboration. lets the project members share documents and files,
schedule meetings, carry out project scheduling with to-do items and time
charts, hold online discussions, etc. The service makes it possible to
create virtual teams, communicate securely, independent of geographic
distance and enables the project member to constantly be updated of project

About Projectplace.

Projectplace is a fast-growing ASP founded in Sweden in 1998. The business
idea is to develop and operate specialised web services that enable people
involved in projects to collaborate and communicate efficiently and
effectively. A Projectplace is a secure area on the Internet with numerous
services and features for project collaboration and document management
gathered in one place. It only takes a minute to set up a functional
projectplace, and this is available 24/7 to project members. Projectplace
has more than 66,000 users in 25 countries.

For more information visit:

Press contacts:

Dak Liyanearachchi, Managing Director,
Projectplace ltd
Tel: 0207 569 3128

Chris Netto/Nicola Alvey,
éclat Marketing
Tel: 0118 989 5600

About SBL
Established in 2001, SBL Group provides instant benefits to SMEs and
property owners. Through identifying needs, and hosting solutions on a
dedicated smart WEB platform, SBL achieves up to 60% improvement and savings
to SME and up to 50% increase in R.O.I. for property owners.

For more information visit:

Press contacts:

Dan Shorer, SBL Group
Chief Executive Officer
Tel: 020 7569 3074

This press release was distributed by ResponseSource Press Release Wire on behalf of eclat Marketing in the following categories: Consumer Technology, Personal Finance, Business & Finance, Computing & Telecoms, for more information visit