SOURCE: INEA Corporation

May 23, 2005 08:00 ET

INEA Showcases New Content Distribution System at BAI Forum

New Module Improves Report Publishing and Content Distribution

MIAMI, FL -- (MARKET WIRE) -- May 23, 2005 -- BAI and AMIfs Profitability and Performance Measurement Forum (Booth #601) -- INEA Corporation, the only provider of enterprise planning, forecasting and reporting software solutions designed exclusively for the financial services industry, today announced the release of its new Content Distribution module. With this module, users can now communicate key performance information to employees, as well as educate them by providing the context behind the data.

"INEA continues to deliver leading-edge technology for the financial services industry," says Michael Cardiff, CEO of INEA. "The combination of our Content Distribution System and Version 4.0 of the INEA Platform, which we released last week, further strengthens our leadership position in offering the most advanced and comprehensive planning, forecasting and reporting software solutions available today."

The new module enables organizations to schedule and automatically distribute a wide variety of reports across the enterprise, from executives to front-line workers, using their existing infrastructures. It also provides the ability to deliver critical supporting information -- such as competitive alerts, bulletins, plan assumptions, etc. -- together with the financial reports.

"We are very pleased with INEA's Content Distribution System," says Elizabeth McCaffery, Director, Management Reporting and Financial Systems for KeyBank. "We use it extensively to seamlessly deliver reports and related materials to 1,400 users across the country in a fraction of the time and effort it took in years past. The user interface is very easy to use and customized to each employee, making navigation a breeze for users ranging from our most senior executives to our sales mangers in the field. The reports, narratives, charts, spreadsheets, and presentations they need are all available in one spot, only a click away."

As a low-cost method for distributing large amounts of information to multiple users, the INEA Content Distribution module also adds value to an enterprise's existing technology investment and delivers a fast ROI.

"Our new products represent a major first step in taking traditional planning, forecasting and reporting systems to a level where we believe they need to be," says Mark Ruddock, President and Chief Product Officer for INEA. "Financial organizations are seeking to improve both the accountability and the effectiveness of their front-line workers, and this new module is designed to provide just that."

Product features include:

--  Ability to integrate seamlessly with the INEA platform
--  Automated distribution of reports generated in INEA, Word, Excel or
    any other program
--  Ability to publish to a secure Web page to ensure immediate access
--  Customization based on user rights
--  Easy access via a desktop icon
--  Direct access to INEA reports or input templates
--  Single sign-on and advanced search features
    
During BAI, which takes place from May 23 to 25 at the Fontainbleau Hilton Resort and Towers in Miami, INEA is also sponsoring a presentation by former SEC Chairman Harvey Pitt. The presentation on May 23 at 7:00 p.m. takes place in the Fleur de Lis room. Mr. Pitt will discuss concerns, needs, challenges and strategies within the financial services industry. To register for the presentation please visit www.ineacorp.com.

INEA Corporation

INEA Corporation is the only provider of enterprise planning, forecasting and reporting software solutions designed exclusively for the financial services industry. Co-developed with a leading financial institution, the INEA platform provides rich, out-of-the-box functionality to meet the unique and complex requirements of financial institutions of all sizes. With its singular focus and demonstrated expertise in this vertical market, INEA enables financial institutions to streamline the planning process, create confidence in numbers, and engage in "what if" scenario modeling. Today, more than 7,000 users in 44 countries rely on the INEA platform. INEA customers are financial institutions with $1 billion to more than $650 billion in assets under management, including Mellon Financial Corporation, RBC Financial Group, Scotiabank, KeyBank, Harris Bank and Community America Credit Union. For more information, visit: www.ineacorp.com.

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