Panorama Software

Panorama Software

August 15, 2005 11:20 ET

Panorama Software Announces Second Beta Release of New Performance Management Suite

TORONTO, ONTARIO--(CCNMatthews - Aug. 15, 2005) -

Company Demonstrates Commitment and BI Leadership for the Microsoft Office System

Panorama Software, a global leader in business intelligence (BI) solutions for the Microsoft Office System, today announced the second beta release of its enterprise performance management suite - code named "Symphony."

"Symphony" takes advantage of the power of the Microsoft Office System by integrating Panorama's robust analytics, enterprise reporting and interactive dashboards to provide organizations with advanced performance scorecards. This impending second beta release is of the Company's latest suite of performance management solutions focused on helping companies improve performance and results. Key technical features of "Symphony" include:

- Panorama's "Click to Analyze" capabilities, the same function that is found in Panorama's other BI applications, users can seamlessly move from a scorecard, directly into advanced analytics mode.

- Panorama's "Bubble-up Exceptions" proactively identifies trends and possible problem areas and automatically exposes these issues to decision makers.

- Panorama's advanced security and user permissions; enable organizations to securely share information over the Web with users inside and outside the firewall.

"Panorama's Performance Management suite enables companies the ability to easily leverage valuable data and measure business performance," said Dr. Allon Cohen, Vice President, Product Management, Panorama Software. "We strongly believe this solution will empower business managers to make intelligent and informed business decisions, ultimately resulting in long term success."

Panorama Software was able to secure significant customers with the initial beta release of "Symphony", its cornerstone performance management suite. Current beta customers include two major software companies, a leading airline, and key departments of a municipal government. Moreover, Panorama will continue to work with its current clients and prospects with its forthcoming second beta release of "Symphony".

"Panorama Software's "Symphony" solution will allow EI AI Israel Airlines to implement an interactive control system that will allow us to remain focused on strategic business goals," said David Hochman, CPM Director, El Al Israel Airlines. "We look forward to using these performance management solutions from Panorama Software to achieve better feedback and learn about and improve on our resource allocation decisions."

"Panorama Software continues to demonstrate its commitment and BI leadership for the Microsoft Office System platform," said Oudi Antebi, Product Manager, Microsoft Office Business Applications Group. "Panorama's 'Symphony' product tightly integrates with our Business Scorecard Manager offering by providing companies the ability to consume scorecards and perform deep contextual analysis through a powerful and integrated solution. 'Symphony' will be a significant value-add to companies seeking better performance management solutions."

About Panorama Software

Panorama Software helps global organizations unlock the hidden value of their information assets to improve business performance and results. Panorama extends the Microsoft platform through integrated business intelligence and corporate performance management solutions. With Panorama decision makers at all levels and functions can easily analyze data, quickly create and distribute reports, and proactively measure performance. Companies gain a greater understanding of their business and make better decisions. These informed decisions improve profitability, increase revenues, reduce costs and time to market and mitigate competitive risks.

Panorama, a leading innovator of business intelligence solutions, supports customers worldwide in industries such as financial services, manufacturing, healthcare, retail, healthcare, telecommunications and life sciences. Panorama has more than 250 partners in 30 countries, and maintains offices throughout North America and EMEA. More information is available at www.panorama.com.

Other product or service names mentioned herein are the trademarks of their respective owners.

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