Awards to recognize companies with outstanding business results from IT investments.

Nucleus Research, a global provider of return on investment (ROI)-focused research and advisory services, and TechTarget's CIO Decisions, a new monthly magazine focused on helping midmarket CIOs align information technology (IT) with business goals, today announced a call for submissions for the third annual Technology ROI Awards. The awards honor end-user companies whose deployments of specific IT systems have achieved positive bottom-line financial and business results. Past winners include Los Alamos National Laboratory using NetPro, Harrah's Entertainment using Teradata, Halliburton Energy Services Group using Plumtree and the Seattle Public Schools using SAP.

US-based organizations with revenues of at least $50 million are invited to nominate IT projects that have achieved measurable ROI. Eligible projects must have been installed and in operation no later than Jan. 1, 2004. A nomination form and more information about requirements for the Technology ROI Awards can be found at www.roiawards.com.

The deadline for submissions is March 1, 2005. Winners will be honored during a special awards program hosted by Nucleus Research and CIO Decisions at the CIO Decisions Conference, July 26-28 in Pebble Beach, CA.

Ten Winners and One Grand Prize Winner to Be Chosen

A panel of independent judges will select ten winners and one grand prize winner based on Nucleus Research's standard methodology for measuring the ROI of IT deployments. Built on the results of thousands of ROI assessments worldwide, the methodology verifies the costs and benefits of each project and creates a metric representing the project's overall ROI. Nucleus Research is the only research firm registered with the National Association of State Boards of Accountancy (NASBA) to provide training classes to Certified Public Accountants on assessing the ROI from technology.

"In recent years, companies worldwide have become intensely focused on ROI as it pertains to IT investments, so they can make better decisions on selecting, deploying and managing their IT assets," said Ian Campbell, CEO of Nucleus Research. "The Technology ROI Awards recognize companies that have achieved superior business results by taking a disciplined, business-focused approach toward their IT deployments. We have selected TechTarget's CIO Decisions as our partner because of the magazine's commitment to helping IT executives ensure their IT organizations understand the goals and priorities of each line of business and can deploy the IT systems, personnel and processes that drive business success."

"Nucleus Research's methodology enables CIOs to demonstrate to their business colleagues a clear link between technology implementations and bottom-line business benefits," said CIO Decisions Editor-in-Chief Maryfran Johnson. "We're pleased to partner with Nucleus Research on this awards program, which highlights our new magazine's mission to provide CIOs and senior IT executives with a wealth of practical information about aligning IT and business."

About Nucleus Research

Nucleus Research is a global consulting and advisory company that provides CFOs, CIOs and their staffs with the real-world information they need to maximize the business returns from their technology investments. Its analysts blend financial analysis and case-based investigations with comprehensive technology expertise to deliver factual return-on-investment (ROI) data to organizations worldwide. The company uses an uncompromising set of processes and tools to evaluate the financial return on IT assets and is the only firm to gain certification by the National Association of State Boards of Accountancy. Nucleus Research has analyst experts across the entire enterprise software and hardware space and provides clients with ongoing advice to help with both short-term technology decisions and long-term strategic plans. For more information, visit nucleusresearch.com

About CIO Decisions

TechTarget's CIO Decisions is the first monthly magazine designed to serve CIOs and senior IT executives in the 40,000 businesses in the US midmarket. Together, these businesses — companies with approximately 100 to 1000 employees or revenues from $50 million to $2 billion — represent the largest and fastest-growing market for IT products and services. CIO Decisions will launch in April 2005 to a controlled circulation of 60,000 CIOs and senior IT executives involved in setting their organizations' IT budgets and priorities. CIO Decisions is a product of the TechTarget CIO Decisions Media Group, which produces an integrated set of media and events to serve the information needs of midmarket IT executives at every phase of the IT buying and decision-making cycle. More information is available at http://www.techtarget.com/html/faas_markets_sbit.htm#ciodecisions