Santa Barbara, CA - June 30, 2008 - Businesses in 78 countries have tracked a total of $70,000,000 worth of business in Intervals (www.myintervals.com), the popular web-based task and time management system built by Pelago (www.pelagodesign.com). Up from $10 million and 37 countries just eleven months ago, this number represents the small business world's fast-growing interest in and need for ever better hosted management of time and resources.

$70,000,000 also represents the estimated value of the 601,510 hours that have been tracked to date by Intervals customers, and is based on their actual hourly rates used in their business transactions, not averages or industry benchmarks.

Regardless of whether a company bills hourly or per project, the importance of properly keeping track of the time that a business spends on client work cannot be understated. For hourly billing, tracked time translates into revenue while time not tracked translates into potential financial loss. For flat rate project budgets, time not tracked means no accurate measure of net profit margins. Intervals enables users not only to track time spent on client jobs, but also to measure the time spent on non-billable activities and run reports to weigh the difference. Small businesses in particular suffer from workload burn-out and quickly max out their capacity; Intervals helps them make sure time and resources are being spent the right way, in real-time.

The strong growth of Intervals demonstrates the fundamental importance of online project management tools in easing administrative processes for small businesses. In addition to tracking time, Intervals helps small businesses manage projects, prioritize task lists, keep version histories of documents, and run detailed reports.

Intervals customers have found a valuable partner in their day-to-day business operations. "The simple interface allows our resources to spend less time on time entry and more time on actual work," said Daniel Morse of DPM Technologies, Inc. "We were able to dump our two separate time tracking / issue tracking systems for one system that does both jobs better," added Andrew Embler of Concrete Websites.

For more information about Intervals, please visit www.myintervals.com.

About Intervals

Created by Pelago, Intervals was originally designed to solve Pelago's own struggles with tracking time, billing clients, and knowing where projects stood in real time. Targeted primarily to creative and communications services companies and small businesses, Intervals is a powerful tool for anyone who wishes to ease the daily stress of organizing and managing people, workflows, projects and time. Learn more about Intervals at www.myintervals.com.

About Pelago

Pelago is a Santa Barbara, California-based web design and web development firm founded in 2000. As members of 1% For The Planet, Pelago is devoted to responsible stewardship of the earth. Pelago specializes in developing highly intuitive web sites and reliable web-based applications, and injecting them with solid business sense and functionality. Pelago clients include JD Power and Associates, Nexxus, Xplane, Network Hardware Resale, and TenetCare. Learn more about Pelago at www.pelagodesign.com.

Pelago

Pelago

Pelago is a Santa Barbara, California-based Software as a Service company founded in 2000. As members of 1% For The Planet, Pelago is devoted to responsible stewardship of the earth. Pelago's flagship service, Intervals (myintervals.com) was originally designed to solve Pelago’s own challenges with tracking time, billing clients, and knowing where projects stood in real time. Targeted primarily to web designers, creatives, IT service companies and communications companies, Intervals is a powerful tool for anyone who wishes to ease the daily stress of organizing and managing people, workflows, projects and time. Intervals is currently being used to manage projects in over 100 countries. Learn more about Pelago at pelagodesign.com.

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