Panorama Software

Panorama Software

April 11, 2006 09:00 ET

Panorama Software Continues to Deliver Best in Class Business Intelligence Solutions to the Enterprise

TORONTO, ONTARIO--(CCNMatthews - April 11, 2006) -

Panorama Software Announces Position on ProClarity Acquisition

Panorama Software, the original developers of the OLAP technology that was sold to Microsoft Corporation (NasdaqNM:MSFT) and a global leader in business intelligence (BI) solutions, today shared its position on the acquisition of ProClarity by Microsoft.

"Panorama fully supports Microsoft's decision to acquire ProClarity," said Eynav Azarya, CEO, Panorama Software. We are happy to see Microsoft researching and investing in the BI space. ProClarity provides visualization tools for Microsoft's OLAP technology and we strongly believe this will help Microsoft and its partners to drive better BI solutions. Panorama plans to take full advantage of the Microsoft platform and integrate the new visualization capabilities into our NovaView™ platform."

As a long time partner of Microsoft, Panorama remains committed and focused on delivering the very best enterprise BI solutions that leverage the Microsoft platform. Panorama NovaView Server, the company's middle-tier application server that extends and integrates with Microsoft's BI applications and platform, provides a comprehensive single server solution that significantly increases the scalability of SQL Server Analysis services and simplifies the management of both Microsoft and Panorama's applications. Panorama NovaView goes beyond visualization, providing a complete and integrated set of integrated applications that include analytics, reports, scorecards, dashboards, advanced 3-D visualization and business modeling.

As part of an increased focus on the large enterprise market, Panorama recently announced the extension of its leading enterprise BI solution - Panorama NovaView - to the SAP Business Information Warehouse (SAP BW) platform. SAP BW is the core component of SAP Business Intelligence, itself a component of the SAP NetWeaver™ platform. This extension enables SAP BW customers for the first time, to truly leverage their SAP data for decision making and performance management across the enterprise through a complete suite of analytics, reporting, scorecarding, dashboarding and business modeling applications.

The support for SAP BW is part of an overall strategic mission by Panorama to deliver the market's most complete and integrated set of BI solutions for SAP BW and Microsoft platforms. By leveraging customers' existing SAP investments, companies can standardize on a single BI platform with Panorama NovaView. By extending its proven BI capabilities, Panorama proactively provides SAP customers relevant and accurate information they need to make better business decisions at every level of the enterprise.

About Panorama Software

Panorama Software, the company that sold its leading OLAP technology to Microsoft, helps global organizations unlock the hidden value of their information assets to improve business performance and results through SMART, SIMPLE and COMPLETE BI solutions. Panorama takes advantage of the Microsoft (NasdaqNM:MSFT) and SAP (NYSE:SAP) platforms through smart, simple and complete business intelligence and corporate performance management solutions.

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

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