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Panorama Software Expands MDX Platform Support

Business Intelligence Experts Extend Platform Support through Native MDX Connectivity

TORONTO, ON, August 20, 2007 – Panorama Software, a global leader in Proactive Business Intelligence (PBI) solutions, today announced it is diversifying its platform support from Microsoft SQL Server Analysis services and SAP NetWeaver BI to include additional MDX supported platforms such as Essbase (from Oracle) and IBM.  Developed on top of the platform Panorama sold to Microsoft, MDX is the language of multi dimensional databases used to perform real time queries, and has become standard in most BI platforms.

“No other company has the experience Panorama has with MDX across the various platforms,” said Oudi Antebi, VP Marketing and Strategy, Panorama Software. “SAP and Microsoft both use MDX, but to support both, there are two options.  One can choose the lowest common denominator and have only limited functionality, or go deeper by building solutions that exploit the specific MDX nuances of each platform like Panorama is doing.  The challenge for other BI vendors that use MDX as their secondary strategy is to really understand the flavors and nuances each vendor uses. Panorama intends to leverage our unique expertise to provide the best cross platform solution in the market.”

Panorama’s ability to go deeper on each platform’s MDX capabilities - without providing a platform of their - own enables the Company to provide their customers the ability to use the best suite of BI applications that works natively on top of their existing platforms.  This means Panorama is able to take full advantage of a company’s existing platform, performing data extraction or metadata duplication. In doing this, Panorama easily extends the capabilities of the applications provided by the platform providers just as if it were part of their platform.

“I have built my BI consulting firm to offer MDX as a core competency, therefore I fully understand the value MDX can bring to my clients,” said Larry Sackett, President & CEO, E.J. Barry.  “My clients look to me to recommend a customizable data reporting and analysis tool that can work on MDX supported platforms, such as SQL Analysis Services, to capture specific reports and queries based on what they need to know about their product or service.  Because of this, I strongly recommend Panorama due to their long history and demonstrated expertise applying the MDX function.  My clients benefit from Panorama NovaView, as it offers the ability to unleash the full power of the supported platforms to address the most complex business problems.  Panorama’s MDX-based NovaView offering is strong, and I a confident they will continue to innovate this technology 10 years after first conceptualizing and developing it.”

About Panorama Software

Panorama Software empowers global organizations with the ability to rapidly identify trends, maximize business opportunities and improve corporate performance and results through enterprise business intelligence and Proactive Business Management solutions.  Panorama® NovaView™, the company’s flagship solution, amplifies the impact of the information worker through a tightly integrated and complete suite of analysis, reporting, scorecard, dashboard and data modeling applications that support the two leading Business Intelligence platforms, SAP (NYSE: SAP) and Microsoft (NASDAQ: MSFT).   Through Panorama NovaView, end users are empowered to freely explore their data using scalable and intuitive applications.

Founded in 1993, Panorama is a leading innovator in Online Analytical Processing (OLAP) and Multidimensional Expressions (MDX). Panorama sold its OLAP technology to Microsoft Corporation in 1996, which was rebranded as SQL Server Analysis Services and integrated into the SQL Server platform.  Panorama supports over 1,000 customers worldwide in industries such as financial services, manufacturing, retail, healthcare, telecommunications and life sciences.  Panorama has a wide eco-system of 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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Panorama NovaView® and the Panorama logo are trademarks or registered trademarks of Panorama Software Ltd. All other company, product or brand names are the trademarks or the registered trademarks of their respective companies. Panorama Software Ltd. is not responsible for errors or omissions. Copyright 2006 Panorama Software Ltd. All rights reserved.