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EXHIBIT 21.1
PROJECT SOFTWARE & DEVELOPMENT, INC.
List of Subsidiaries
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Jurisdiction of
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Name of Subsidiary Incorporation Ownership
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PSDI International Delaware (1)
Software, Inc.
PSDI Security Massachusetts (1)
Corporation
PSDI (UK) Ltd. United Kingdom (2)
PSDI Canada Limited Canada (2)
PSDI France SARL France (2)
PSDI Australia PTY. Ltd. Australia (2)
PSDI Deutschland GmbH Germany (2)
PSDI Europe, Ltd. United Kingdom (2)
PSDI Espana S.A. Spain (2)
PSDI Benelux N.V. Netherlands (2)
PSDI Norden AB Sweden (2)
(1) All of the outstanding capital stock is owned by Project Software &
Development, Inc.
(2) All of the outstanding capital stock (other than certain qualifying shares
required in the jurisdiction of organization and representing from 0% to 2% of
the outstanding capital stock), is owned by PSDI International Software, Inc.