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The John Hardy Group Teams with CMiC to Develop First-Ever Web-Based Hospitality Capital Expenditure Solution

Press Release: The John Hardy Group (JHG)
October 23, 2002
ATLANTA, GA -- John R. Hardy, president and CEO of The John Hardy Group Inc. (JHG), announced a strategic partnership with Computer Methods international Corp. (CMiC) to develop the first-ever capital expenditure planning, cost management and project monitoring software tailored to the complex needs of the hospitality industry.

Delivered via the Internet, the software will be the first of its kind to address hospitality project management from the ownership perspective. The initial release of the application is expected during the first quarter of 2003.

According to John Hardy, "For the first time ever, owners, asset managers and hotel companies will be able to access a simple, intuitive solution enabling them to plan, monitor, and control the capital investment and expenditure process. This system could be utilized for controlling new development, renovations, redevelopment projects and for all types of on-going capital related programs."

The JHG Solution is underpinned by CMiC's mPOWER enterprise financial and project management software. CMiC delivered this fully integrated enterprise solution to many of the Top Engineering News-Record organizations for over 15 years. Entirely developed using Oracle's advanced technology platform, mPOWER delivers an enterprise-wide, real-time decision support and executive information solution.

"Our strategic partnership with The John Hardy Group is a natural evolution of our proven heritage in delivering enterprise project oriented software solutions to the AEC sector. JHG is the recognized domain expert in providing development services to the hospitality industry. Our combined industry expertise and leading edge technology will delivery a robust and revolutionary project driven solution to the 'Owners' market," says Jeff Weiss, CMiC vice president sales and marketing.

About The John Hardy Group

The privately-held John Hardy Group, headquartered in Atlanta, Georgia has earned its reputation as the premier hospitality project management company in the world by supervising more than $3.7 billion of capital investment activities since 1992. Its hallmark is a rigorous project discipline, supported by proprietary processes and products. Present market segments include: hotels, resorts, golf clubs conference centers, condominiums, institutions, health care and technology. Please visit their Web site at http://www.jhgi.com

About Computer Methods international Corp.

Founded in 1974, CMiC is an industry leader in providing enterprise-wide project and financial management software solutions to the AEC sector. CMiC develops its Client/Server and Internet product on the Oracle technology platform. By re-investing up to 25% of gross revenues in R&D and new product development, CMiC leverages technology to meet its clients' ever-changing needs. CMiC is located in Toronto, Ontario, Canada. For additional information on CMiC and its industry leading mPOWER Software, please visit their Web site at http://www.cmic.ca

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Contact: 
     The John Hardy Group (JHG)
     Steven Pollak, 404/256-8800, ext 110
     spollak@jhgi.com
      or
     Computer Methods international Corp. (CMiC)
     Jeff Weiss, 416/736-0123
     jeff@cmic.ca


Source: The John Hardy Group (JHG)