Severa CEO & CTO Win Young Entrepreneur Award

CEO Ari-Pekka Salovaara and CTO Jari Kärkkäinen both honored.

Helsinki, Finland (PRWEB) May 15, 2009 -- Severa Corporation, a leading provider of SaaS-based professional services automation, today announced its executive team CEO Ari-Pekka Salovaara and its CTO Jari Kärkkäinen, were both selected winners of the Young Entrepreneur Award 2009 presented by the Federation of Finnish Enterprises and the Foundation of Private Entrepreneurs.

Severa Corporation was founded in 2004 by Salovaara and Kärkkäinen in eastern Finland. Severa has reached an impressive 1,304% growth in sales revenue fueled by its online application for automating business processes for advertising firms, engineering houses, IT service firms, management consultants, and public relation firms.

"We are very pleased to have received this award that recognizes our business achievements. Our new Severa 3 is living testament of our entrepreneur experience and pioneer spirit", said Kärkkäinen."That's why we've been able to capture over 750 Professional Service Organizations worldwide in the first two weeks of our product roll out. A feat that has taken others more than 10 years to accomplish. Such success speaks to the value we bring to the professional services automation market and look forward to being the young disruptor with our innovative new SaaS application."

Severa 3, the company's latest product was released last month and has seen user registrations from over 48 different countries. The SaaS application simplifies customer and project management tasks, automates billing, tracks work-time and eliminates common revenue leakage problems. Severa 3 has a short learning curve and requires no hardware upgrades, IT personnel involvement or investment in additional software.

The Young Entrepreneur of The Year Competition is organized by the Federation of Finnish Enterprises and the Foundation of Private Entrepreneurs. Other winners this year included Scene Nation, JPT Jaskari and Palvelukoti Onni. All these companies have grown their business operations immensely regardless of the recent economic challenges. To learn more about the Federation of Finnish Enterprises visit www.yrittajat.fi. For information about the Foundation of Private Entrepreneurs visit www.yksityisyrittajainsaatio.fi.

About Severa
Severa Corporation is a leading provider of SaaS-based professional services automation designed to take the pain out of project management for small to medium sized businesses. Severa 3 is offered as an online application for verticals such as design agencies, IT consulting, law firms, engineering houses and architecture firms. Severa enables its customers to manage customers, projects, work time and billing more easily and efficiently with one system. Severa's transparency into project data helps communicate business objectives, optimize resource allocation and reduce revenue leakage. Severa has received the Red Herring Global 2008 Winner Award. For more information on Severa Corporation visit www.severa.com.

Press Contacts:

USA:
Victor Cruz, Principal, MediaPR.net / vcruz(at)mediapr.net / Tel: +1 (401) 349-3369

Finland:
Karoliina Caforio, Severa Communication Manager / pr(at)severa.com / +358 45 127 5352

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