Press Room
Journyx Announces 2007 Excellence in Project Accounting Philosophy Scholarship Winner

AUSTIN, TEXAS (June 25, 2007) — Journyx – the creator of the Web-based time tracking industry – today announced the winner of its 2007 Excellence In Project Accounting Philosophy Essay Scholarship: Rocco Costa, a graduate student at the Monterey Institute of International Studies in Monterey, California.

The competition, which was designed to improve the philosophy and the technology of project accounting, asked applicants to write an essay persuading someone who does not want to track time on a per-product per-activity basis why it is in his or her best interest to do so. The award is a $500 scholarship for outstanding students enrolled in a graduate level masters or doctoral level degree program at a university in the United States. Rocco Costa is the first recipient of the Journyx Excellence in Project Accounting Philosophy Scholarship.

"We are pleased to award this scholarship to someone with such an enterprising mind and thorough grasp of time tracking and its effect on profitability," said Curt Finch, CEO of Journyx. "Our company is committed to eradicating cost ignorance from our knowledge worker society and leading organizations to the highest levels of profitability through innovation."

About Journyx Timesheet

Journyx Timesheet™ is a timesheet and expense management solution for the entire enterprise. Organizations can automate management of employee timesheets and expenses for project control, customer invoicing, and payroll processing with Journyx Timesheet. Journyx offers patented technological solutions – not just generic tools – that are flexible and adaptable across five platforms and multiple projects, in order to help companies identify profit opportunities along the per-person, per-project continuum.

About Journyx, Inc.

As the creator of the Web-based time tracking industry, Journyx carves out its own path, while guiding customers to their goals and destinations. Journyx helps customers reach the highest levels of profitability by automating labor-intensive, paper-based processes with a superior, Web-based solution. Founded in 1996, Journyx is the first and only company to establish Per Person/Per Project Profitability (P5), a proprietary process that enables customers to gather and analyze information to discover profit opportunities. Journyx has thousands of customers worldwide, including American Airlines, Bayer, BlueCross BlueShield, AC Nielsen, L'Oreal, Symantec, The Discovery Channel, Schlumberger, Capstone Turbine and many others. Journyx solutions are available both on an application service provider (ASP) and a standard license basis. For more information, go to http://pr.journyx.com or contact Journyx at (512) 834-8888 or info@journyx.com.