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Panorama Software Included in Leading Industry Analyst Firm's Business Intelligence Magic Quadrant

Panorama's Position Based on Completeness of Vision and Ability to Execute

TORONTO, ON – February 26, 2007 – Panorama Software, a global leader in business intelligence (BI) solutions, is proud to announce it has been included in Gartner, Inc.’s Magic Quadrant for Business Intelligence Platforms, 1Q07, as of January 26, 2007**.

“We believe Panorama Software’s inclusion in this year’s Magic Quadrant for Business Intelligence Platforms demonstrates our strength in a competitive market as a leader in providing superior and innovated solutions,” said Eynav Azarya, CEO, Panorama Software.

Panorama Software deployed several significant business tactics in 2006 to increase the Company’s value proposition and differentiate itself from key competitors. Primarily, the Company diversified to offer its flagship solution, Panorama NovaView® 5, as the front end to the two leading BI platforms in the market, SAP and Microsoft.  The Company also tailored Panorama NovaView® to connect directly to SAP’s NetWeaver BI platform without performing any data or metadata extractions, enhancing performance and scalability, as well as leveraging the full investments customers have put into the platform.

About the Gartner Magic Quadrant
The Magic Quadrant is copyrighted January 26, 2007 by Gartner, Inc. and is reused with permission. The Magic Quadrant is a graphical representation of a marketplace at and for a specific time period. It depicts Gartner's analysis of how certain vendors measure against criteria for that marketplace, as defined by Gartner. Gartner does not endorse any vendor, product or service depicted in the Magic Quadrant, and does not advise technology users to select only those vendors placed in the "Leaders" quadrant. The Magic Quadrant is intended solely as a research tool, and is not meant to be a specific guide to action. Gartner disclaims all warranties, express or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

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).   Panorama NovaView allows end users 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

*All cited names and/or trademarks are the property of their respective owners.

**January 26, 2007: Magic Quadrant for Business Intelligence Platforms, 1Q07 by Kurt Schlegel, Bill Hostmann, Andreas Bitterer

 

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.