The U.S. Department of the Interior Rolls Out PRISM-Grants-Rapid Implementation has First Bureau in Production within Six Months

Dulles, VA, March 16, 2010 - Compusearch announced today that the U.S. Department of the Interior (DOI) has gone live with PRISM-Grants, less than six months after contract award, and is now actively using PRISM to manage Interior's portfolio of financial assistance programs.  The first DOI Bureau to transition was the Minerals Management Service (MMS).  The Bureau of Land Management (BLM) and the Office of Surface Mining (OSM) will migrate to PRISM-Grants within weeks, and the U.S. Geological Survey (USGS) is scheduled to transition by November 2010.  The remaining bureaus will begin using PRISM to manage their grants programs based on the deployment schedule of the DOI's enterprise-wide Financial and Business Management System (FBMS).

DOI made the decision to move from their existing grants management system to PRISM after a thorough analysis of the incumbent legacy system, a market analysis of various COTS (Commercial-Off-The-Shelf) products, as well the option to commit to one of the three Grants Management Line of Business (GMLoB) service providers.

DOI joins the U.S. Department of Energy (DOE), the United States Agency for International Development (USAID), and the Small Business Administration (SBA), all of whom are using PRISM to manage their grants programs.

"The expediency of the PRISM-Grants implementation supports DOI's conviction that Compusearch is a low risk, cost-effective solution that really works," said Reid Jackson, President, Compusearch.  "The case for adopting PRISM Grants is clear cut given the embrace by the federal market "we hope that other grant-making agencies would consider Compusearch's PRISM and make pragmatic decisions about achieving visibility, control, and transparency in their grant-making processes."

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About PRISM-Grants
Designed from the ground up to meet the needs of the assistance community, PRISM simplifies and standardizes all aspects of grants management.  PRISM is fully configurable to the nuanced requirements of an agency's financial assistance program, enabling business rule creation, organizational hierarchy, funds tracking, workflow, approval processes, posting of funding opportunities, application review, awards, and more.  Already interfaced with CCR and Grants.gov, PRISM also supports seamless integration with any financial management system.

About Compusearch
Founded in 1983, Compusearch is the leading provider of enterprise software and services that automate mandated business rules for public sector organizations with authority to spend, grant, or move funds. Compusearch's PRISM suite provides federal and defense agencies with the visibility, control, and transparency necessary to improve productivity and performance while also meeting increasingly stringent reporting requirements.  Compusearch's PRISM suite has been developed specifically for agencies of the U.S. Federal Government, and is the most widely adopted acquisition and grants management system with more than 34,000 authorized users representing 80 organizations across the civilian, intelligence, and defense sectors.

Compusearch is a privately held business owned by Carlyle Venture and Growth Partners.  For more information, visit www.compusearch.com

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