SOURCE: Montgomery Research

September 13, 2005 13:05 ET

XTROPIAN Announces the Release of the Performance Management Index (PMIndex™) -- a Tool to Help Assess the Maturity of Performance Management Capability

VANCOUVER, BC -- (MARKET WIRE) -- September 13, 2005 -- XTROPIAN today announced the launch of their Performance Management Index (PMIndex™). The PMIndex™ is the first in a suite of indices to be brought to market by the BC based company in partnership with Montgomery Business Solutions (MBS), part of the Montgomery Research Group (www.mriresearch.com).

The PMIndex™ allows companies to gauge, manage, and predict their current and future performance capabilities. Using this information, milestones and indicators can be set allowing objectives to be met and the highest performance achieved. Through a series of questions, in 5 major areas, clients will be scored within their industry as well as across other industries. These statistics plot performance in each major area, providing a solid foundation of where to go next with a Performance Management project.

XTROPIAN has developed a process which plots indices results on its Business Index Pentagon™. The Business Index Pentagon is used in all of XTROPIAN's indices and provides a standard representation of a company's abilities within the business process being assessed (i.e. Performance Management or Data Management).

"To begin a journey not knowing where you are starting from is short-sighted in any aspect of business," said Brian Queenin, Managing Partner at XTROPIAN. "The PMIndex™ provides a solid assessment of where our clients are, prior to embarking on where they may desire to be in the future." He continues, "The market is ready for this type of measurement, Business Objects and Capgemini teamed to create a well received index several years ago. We expect other software leaders to be looking to expand their services through this type of assessment tool."

The PMIndex™ is conducted in a day and scored immediately. "With all the confusion around EPM, CPM, BPM, and many other acronyms, we decided to take the direct straight talk approach and call it Performance Management," said Richard Jenkins, a Managing Partner at XTROPIAN. "After all, improving corporate performance is on all executives agenda."

XTROPIAN serves Board level clients in directing the effective development of corporate strategies coupled with execution. "We are the bridge between technology, major system integrators, software providers, and the customer," said Robert Morris Vice President of Business Development at XTROPIAN. "We have worked for major software companies and the biggest of the Big 5 consulting firms, we know how to cut through the noise and make things happen."

The partnership between XTROPIAN and MRI provides significant scope for the development and improvement of corporate strategy and its operational execution. MRI has, for ten years, developed a loyal customer base containing many of the world's most influential and innovative technology and consulting organizations. Its publications support industry change and provide a vital tool for decision makers while its 2005 launch of MBS offers a range of marketing solutions to maximize performance.

For more information about the Performance Management Index and XTROPIAN, please contact Robert Morris at + 1 604.630.0807 or visit www.xtropian.com.

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