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Proposal Software Acquires Manager Insights, LLC

Incorporating MI's SearchBook™ into Proposal Centric Product Portfolio

WESTPORT, Conn., April 22, 2014 /PRNewswire-iReach/ -- Proposal Software, Inc. ("PSI"), The Leader In Proposal Productivity™ and maker of PMAPS® WebPro (Proposal Management and Production System) has completed the acquisition of Manager Insights, LLC ("MI"); a firm that leverages disruptive technology to make the work life of investment management professionals more efficient.  "MI's focus perfectly complements what PSI has been delivering in the proposal management space for the investment management community since 1994," said John Laurino, PSI's CEO.

"We are excited to launch MI's SearchBook™, which lets you automatically generate thousands of executive summaries on investment products within minutes," said Laurino. Using sophisticated algorithms that imitate the behavior of investment analysts, SearchBook™ analyzes data to explain key findings and trends in simple, plain English, indistinguishable from summaries written by human hands. Vince Bakshani, former Founder & CEO of MI and now a Managing Director at PSI, went on to add that "asset management professionals are overwhelmed by the rising number of investment choices: With each passing quarter, millions of new data points are produced. It takes time to analyze data and interpret charts. If meaning trumps data, why not just get straight to the point? That's the beauty of SearchBook™—it's the CliffsNotes™ of investment products."

"What makes our solution unique is that SearchBook™ is the only automated content software designed and developed for individuals at asset managers, investment consultants, and plan sponsors who want to increase product knowledge without working longer hours or engaging more resources," continued Bakshani.

PSI is the only organization exclusively focused on proposal management needs of any type for any company; globally. It provides the best-in-class enterprise-enabled proposal management platform the world's largest and most successful financial services, asset management, healthcare, legal, business services, manufacturing and technology organizations over five continents. These companies rely on PMAPS daily to run their mission critical B2B new business processes from responses to 'major account' RFP/RFI/RFQ's to everyday product and service sales proposal and sales presentation fulfillment.

Additional information is available at www.proposalsoftware.com.

Media Contact: John Laurino, Proposal Software, Inc., 203-604-6597 x704, [email protected]

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SOURCE Proposal Software, Inc.

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