ProcessGenie, Inc. Launches The First Ever Process Marketplace

    BOSTON, MA, August 21, 2009 /24-7PressRelease/ -- ProcessGenie, Inc., www.processgenie.com announced today the launch of their patent pending ProcessGenie Process Marketplace. A forum for individuals and companies who have specific process knowledge to sell those "assets" to the worldwide BPM community.

Says CEO Tom Tyre "We are introducing a new format which is a true business model innovation for Business Process Management and clearly the most exciting innovation to aid in the successful execution of BPM projects since the introduction of software based modeling tools. Now people with process information can sell them to those who need the information and let free market dynamics determine the value of those assets. It's a growing community knowledge base around process assets where everyone gets remunerated."

The ProcessGenie Process Marketplace launched Friday August 14th, 2009 at www.processgenie.com/marketplace/ and has already generated hundreds of paid downloads. Process assets are categorized into three distinct groups the first being high level process flows and KPI parameters to jump start process improvement definition and improvement projects.

"We have just gotten great response from our community and from those submitting processes. In a short time, several have already made a great deal of money and we've seen a fantastic increase in process asset submission. People are telling us they are designing Level 2 and Level 3 process assets already, which just shows you the impact of the ProcessGenie Marketplace on the speed of innovation and which is just fantastic for everyone," says Harley O'Brien, VP of Marketing for ProcessGenie, Inc.

"Hey, if you have the knowledge why not get paid for it?!" says Mr. Tyre.

For more information on the ProcessGenie Process Marketplace, submitting or purchasing process assets please visit www.processgenie.com/about/

About ProcessGenie, Inc.

ProcessGenie, Inc., is a Boston Ma, based company providing the #1 BPM Portal site for BPM professionals and featuring BPM news, discussions, classes, job opportunities and the only BPM Process Marketplace to buy and sell business process assets at www.processgenie.com

# # #