Applix Announces iTM1.web; Unique OLAP Tool Integrates Seamlessly With Any Web Browser.WESTBORO, Mass.--(BUSINESS WIRE)--Nov. 2, 1999-- Applix(R) Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : APLX), announced today that the functionality of iTM1 is available via the Web through a multidimensional mul·ti·di·men·sion·al adj. Of, relating to, or having several dimensions. mul  ti·di·men cube browser known as iTM1.web. This unique OLAP (OnLine Analytical Processing) Decision support software that allows the user to quickly analyze information that has been summarized into multidimensional views and hierarchies. OLAP tools are used to perform trend analysis on sales and financial information. (On-line Analytical Processing (database) On-Line Analytical Processing - (OLAP) A category of database software which provides an interface such that users can transform or limit raw data according to user-defined or pre-defined functions, and quickly and interactively examine the results in various dimensions ) tool integrates seamlessly with any web
browser The program that serves as your front end to the Web on the Internet. In order to view a site, you type its address (URL) into the browser's Location field; for example, www.computerlanguage.com, and the home page of that site is downloaded to you. and allows users to execute typical iTM1 functions.
Applix iTM1 is the premier OLAP application on the market today. For over 15 years, iTM1 has been the leading multi-dimensional database for highly complex business and financial analytical applications. iTM1's highly scalable, real-time processing Noun 1. real-time processing - data processing fast enough to keep up with an outside process real-time operation data processing - (computer science) a series of operations on data by a computer in order to retrieve or transform or classify information is the technology key to business management and analysis. Now, using real-time modeling deployed with iTM1.web, companies can predict future needs and requirements through a web-based browser. With in-depth analysis, companies can better understand financial and operational performance and customer behavioral patterns and lifecycles. "iTM1.web compliments our Internet front-office strategy because it graphically displays customer-driven information and helps users to share it globally via the web." said Martin Richmond-Coggan, Applix's Vice President of Analytic Solutions. "Deployment is quick and easy merely provide users with the corresponding URL URL in full Uniform Resource Locator Address of a resource on the Internet. The resource can be any type of file stored on a server, such as a Web page, a text file, a graphics file, or an application program. . The benefits are increased productivity, lower support costs, standardized reports and centralized cen·tral·ize v. cen·tral·ized, cen·tral·iz·ing, cen·tral·iz·es v.tr. 1. To draw into or toward a center; consolidate. 2. analysis of large cubes." iTM1.web is a powerful Java client. It, enables users to perform data analysis via the Internet, Intranet and Extranet. With iTM1.web, users can drill through multidimensional cubes of data and display the information in a browser window or export it to a spreadsheet. iTM1.web can also drill up/down directly on the graph, drag and drop A graphical user interface (GUI) capability that lets you perform operations by moving the icon of an object with the mouse into another window or onto another icon. For example, files can be copied or moved by dragging them from one folder to another. to pivot, filter, sort, hide rows/columns, calculate, and create and share reports - all with the click of a button. The solution architecture requires a web server and web client for scalability in both Internet and Intranet environments. iTM1.web runs organization-wide and on virtually any client platform. iTM1.web offers a fully customizable script API that enables you to integrate iTM1.web directly into your service offerings with minimal effort. iTM1.web is available today, contact your local sales representative through our website http://www.applix.com About Applix, Inc. Applix, Inc. (NASDAQ: APLX), headquartered in Westboro, Mass., develops, markets and supports web-based, front office business solutions, which allow organizations to improve decision-making and corporate productivity. The Front Office Business Solutions include a suite of thin-client Customer Relationship Management (iCRM) applications, which include the Applix iEnterprise and iEnterprise Anyware product lines, and a set of real-time Business Intelligence applications, which include the Applix iTM1 product line. In addition to its Front Office Business Solutions, Applix's Linux Division is a leading provider of productivity and analytic applications Analytic Applications are a type of business application software, used to measure and improve the performance of business operations. More specifically, Analytic Applications are a type of Business Intelligence solution. for the Linux, UNIX UNIX Operating system for digital computers, developed by Ken Thompson of Bell Laboratories in 1969. It was initially designed for a single user (the name was a pun on the earlier operating system Multics). and Microsoft platforms. Applixware Office is a leading office suite designed for and integrated with the Linux and UNIX environments. Applix SHELF is an open source application development and deployment system. With Applix Anyware, applications are deployed to any standard web browser using Java. Smartbeak.com is Applix's Linux customer support and collaboration web site. More information can be found at http://www.applix.com and http://www.linux.applixware.com Notes to Investors: This press release contains certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995, which involve a number of risks and uncertainties that could cause actual results to differ materially. Specifically, comments related to the demand for, revenue from and acceptance of the Company's products and the Company's position in the markets, may be considered forward-looking and subject to a number of risks and uncertainties, including but not limited to: the rate of growth in market demand for the products; the acceptance of the Company's products; intense competitive conditions; rapid technological change; frequent new product introductions and evolving domestic and international standards, which may render existing products and services obsolete. Refer to the Company's Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. for the year ended December 31, 1998 for a list of factors as discussed under "Risk Factors." Applix does not undertake - and specifically declines any obligation - to publicly release the result of any revision which may be made to any forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of anticipated or unanticipated events. All trademarks, registered trademarks, and service marks are the property of their respective owners. |
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