--(www.USEquityNews.com)-- 09/05/2008 - Business Services industry alert provided by U.S. Equity News. I-many, Inc. (NASDAQ:IMNY), the leading provider of contract management software and services for the enterprise, recently announced that Premier, Inc., a healthcare alliance of more than 2,000 of the nation's leading not-for-profit hospitals and healthcare systems, has implemented CARS(NG)(TM), which is part of I-many's Contract Management Suite for Life Sciences. Premier successfully migrated from CARS(R) Classic to CARS(NG) to benefit from new product modules developed by I-many to help Life Sciences companies manage their contacts more effectively. Premier uses the contract management and rebate features of I-many's CARS(NG) for all its contracts within industry verticals that it conducts business including pharmaceuticals, medical/surgical, food, capital equipment and administrative services. Premier's implementation of CARS(NG) is an integral piece of Premier's contracting business and includes advanced revenue forecasting features jointly developed by I-many and Premier. "I-many's Contract Management Suite for Life Sciences brings an industry vision of an integrated suite of products to fruition for Premier," said Joe Pleasant, CIO, Premier. "CARS(NG) furthers our goals to integrate our systems and derive future benefit from powerful tools like contract analytics and workflow management. I-many's Enterprise Contract Management Framework (ECMF) provides an architecture for the future - it gives us the scale, security and performance that we need to support our very large data volumes and provides our members with industry-leading contract pricing and rebate management."
PLATO Learning, Inc. (NASDAQ: TUTR), a leading provider of K-adult e-learning solutions, recently announced that total orders grew 5% to $27.7 million for the third quarter ended July 31, 2008, compared to $26.3 million for the third quarter of fiscal 2007. Subscription orders for the quarter increased 42% to $17.7 million as orders for the Company's new generation online learning management platform, the PLATO Learning Environment(TM) (PLE(TM)), more than doubled to $14.2 million. Subscription revenues grew by more than 40% to $9.2 million. Total revenue for the quarter was down slightly to $18.6 million, from $19.2 million in the third quarter of 2007, on lower perpetual license fees and maintenance revenues from legacy products. Mike Morache, PLATO Learning President and CEO said, "Achieving total order growth for two consecutive quarters, and for three out of the last four quarters, is a significant indication of progress in our transition from perpetual license sales to subscription sales. We are especially pleased by continued strong growth in orders for subscription products delivered on PLE(TM), which have nearly doubled on a quarter-over-quarter basis since we introduced PLE in 2006.