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Panorama Software Extends the Reach of Business Intelligence with Microsoft Office BI Accelerators

Leading Solution Provider Supports Microsoft Office System to Quickly Deliver Usable Business Intelligence Applications to Market

TORONTO (June 2, 2004) – Panorama Software, a recognized innovator of business intelligence (BI) solutions, today announced support for the Microsoft Office Business Scorecards Accelerator.  The Business Scorecards Accelerator enables easy deployment and cost-effective management of BI solutions, which allow customers to access data in disparate systems and share information to all decision-makers throughout the company.  Through support of the Business Scorecards Accelerator, Panorama will leverage the company's own extensive analysis and reporting experience, in conjunction with the Microsoft BI platform, to quickly deliver usable BI applications to decision-makers at all levels and functions.

The Business Scorecards Accelerator is a comprehensive, Web-based solution that allows users to simplify the end-to-end measurement and management of business strategies and performance metrics.  Panorama's comprehensive business intelligence solution extends the Microsoft business intelligence platform and Microsoft Office System, and allows decision-makers at all levels and functions to easily analyze data, quickly create and distribute reports, and proactively measure performance.  Panorama delivers an interoperable BI solution for the Microsoft BI platform, enabling users to move seamlessly between data analysis, reporting and performance monitoring.  Panorama also supports Microsoft Excel, Microsoft Office SharePoint Portal Server and MapPoint.  

"Microsoft is continuing to build a strong industry partner ecosystem in support of the Microsoft Office System and has already established a solid foundation of systems integrator and independent software vendor partners such as Panorama for supporting and extending the Office BI Solution Accelerators," said Ryan Buma, Business Development Manger, Microsoft Office BI. "Panorama has a long tradition of building complementary BI solutions that take full advantage of the power, extensibility and flexibility of the Microsoft platform, and together we're delivering BI solutions that help customers maximize the value of their corporate information assets."

In addition to the Business Scorecards Accelerator, Panorama also supports the Microsoft Office Solution Accelerator for Sarbanes-Oxley.  Sarbanes-Oxley promotes greater corporate responsibility through certification of internal controls, authorization of transactions, protection of assets against unauthorized use and proper recording of transactions.  Publicly traded companies face significant challenges and resource investments when it comes to Sarbanes-Oxley compliance.  Companies affected by the Act are held to a new level of accountability, and executives must demonstrate financial transparency and good corporate governance to investors.

The Office Solution Accelerator for Sarbanes-Oxley extends the value of existing software investments by building on the Microsoft Office System products that many companies have already deployed.  The solution helps publicly traded companies more easily manage their internal financial controls and meet some of the compliance requirements under the Sarbanes-Oxley Act. Compliance with acts such as Sarbanes-Oxley requires fast and easy accessibility to critical financial and non-financial information.  Panorama provides business intelligence solutions on top of the Office Solution Accelerator for Sarbanes-Oxley that address the need for information immediacy.  The proactive reporting and real-time information management Panorama provides enables stakeholders to have the information needed to improve their company's accountability in key business processes.

"The combination of the Microsoft Accelerators for Business Scorecards and Sarbanes-Oxley provide Panorama with the opportunity to rapidly speed new applications to market for our customers," said Allon Cohen, director of product management at Panorama.  "We are able to layer Panorama's BI solutions on top of the Microsoft BI platform, and leverage our vast experience in analytics and reporting, to help customers maximize the value of their information resources and drive better business performance."

About Panorama Software

Panorama Software, a leading innovator of business intelligence solutions, helps global organizations unlock the hidden value of their information assets to improve business performance and results. By extending the Microsoft platform through integrated business intelligence and corporate performance management solutions, Panorama ensures that decision makers at all levels functions can easily analyze data, quickly create and distribute reports, and proactively measure performance. With offices throughout North America and EMEA, Panorama supports a global customer base in industries such as financial services, manufacturing, healthcare, retail, healthcare, telecommunications and life sciences, and maintains more than 100 partners in 30 countries. More information is available at www.panorama.com.

 

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