Ford Motor Company Selects Galorath's SEER Software Estimation Model to Support ``Total Cost of Ownership Estimator'' Solution

EL SEGUNDO, Calif.--Sept. 3, 2003--

Automotive Leader Standardizes on SEER-SEM to Help Optimize IT Investments Across the Enterprise

Galorath Incorporated, the leading provider of advanced modeling tools to estimate, plan and control projects, today announced that Ford Motor Company has selected Galorath's SEER-SEM (Software Estimation Model) to be used as Ford's primary estimation tool across the enterprise. Ford will use SEER-SEM to estimate cost, risk, lifecycle and other metrics for software development, enhancement, maintenance, production support, infrastructure, and retirement for the purposes of comparing these programs in a portfolio management process.

"Large organizations like Ford have numerous IT initiatives, they're realizing that funding these programs needs to be more strategic," said Dan Galorath, president, Galorath Incorporated. "By using SEER-SEM, Ford will be able to estimate each program's cost, risk, effort, schedule, lifecycle, scope and return, all within the same framework so programs can be evaluated holistically and prioritized when compared to business goals."

The Total Cost of Ownership Estimator is part of Ford's enterprise-wide portfolio management process. Initiated within the Enterprise Program Management Office in the IT Division, this process is designed to manage and demonstrate Ford IT's value addition to the organization on a program-by-program basis as well as the contribution to the company's financial and long-term business success.

About Ford Motor Company

Ford Motor Company, headquartered in Dearborn, Michigan, is the world's second largest automaker, with approximately 335,000 employees in 200 markets on six continents. Its automotive brands include Aston Martin, Ford, Jaguar, Land Rover, Lincoln, Mazda, Mercury and Volvo. Its automotive-related services include Ford Credit, Quality Care and Hertz. Ford Motor Company observed its 100th anniversary on June 16, 2003.

About Galorath Incorporated

For more than 20 years, engineers, project managers and cost estimators throughout the world have turned to Galorath for the most comprehensive set of decision-support and process management tools. Combined with extensive consulting and support services, Galorath's SEER estimation and analysis tools derive cost, schedule and staffing estimates by assessing the interaction and impact of product, organizational and even operational variables. This parametric methodology, coupled with the industry's most comprehensive knowledge bases, creates a rapid and powerful view of the critical factors driving program decisions and success from early concepts through upgrade and maintenance phases.