Applix Continues to Sign Premier Partners in Q4 2003; Expansion of Partner Network Delivers Applix Solutions to Customers Worldwide.Business Editors/High-Tech Writers WESTBOROUGH, Mass.--(BUSINESS WIRE)--Jan. 30, 2004 Applix, Inc. (Nasdaq: APLX), a global provider of Business Intelligence (BI) and Business Performance Management (BPM (Business Process Management) A structured approach that models an enterprise's human and machine tasks and the interactions between them as processes. BPM software provides users with a dashboard interface that offers a high-level view of the operation that typically ) software solutions, today announced expansion of the company's growing list of solution providers with 21 new partners worldwide signing on to sell Applix solutions during the fourth quarter of 2003. "The importance of our partners is significant not only to our company's success, but also to the success of organizations that need Applix solutions to greatly improve their decision making," said Larry Piccioli, vice president, Business Development, Applix. "As more companies become aware that our solutions deliver rapid ROI (Return On Investment) The monetary benefits derived from having spent money on developing or revising a system. In the IT world, there are more ways to compute ROI than Carter has liver pills (and for those of you who never heard of that expression, it means a lot). and streamlined performance management, we're confident that the demand for Applix products will grow and every one of our partners will benefit." The new partners signed in Q4 continue to build Applix's global presence and help deliver significant value to customers through Applix solutions. These solutions utilize Applix's TM1 software and enable companies to more efficiently and effectively report on and analyze core operational information, complete the ongoing budgeting, planning and forecasting processes, and make more strategic business decisions based on up-to-date information on company performance and operations. Applix's New Business Partners Avantum Consulting, based in Germany, was founded by experienced advisors, Axel Axel: see Absalon. Meyer, Uwe Brown and Franc Hendricks, who previously held prominent positions at the international management consulting Noun 1. management consulting - a service industry that provides advice to those in charge of running a business service industry - an industry that provides services rather than tangible objects firm Cap Gemini Ernst & Young. Avantum's consulting focus is embodied em·bod·y tr.v. em·bod·ied, em·bod·y·ing, em·bod·ies 1. To give a bodily form to; incarnate. 2. To represent in bodily or material form: in its results-oriented promise: "We bring your financials in order." In addition, the group increases the transparency of controlling, financial and accounting systems, supporting them by implementing and improving upon controlling tools. In the process of building solutions, Avantum helps to optimize the structures, processes and systems of the operational service functions and requires that their advisory activities deliver measurable improvement to an enterprise's results. CorpSoft Nordic is an authorized au·thor·ize tr.v. au·thor·ized, au·thor·iz·ing, au·thor·iz·es 1. To grant authority or power to. 2. To give permission for; sanction: distributor of Applix solutions in Denmark, Sweden, Norway and Finland and was established in 2003. Its 25 employees are dedicated to servicing more than 125 Nordic customers in a broad range of industries, and its mission is to be a specialist in Performance Management and to exploit the technology accordingly. Its solutions combine innovative technology with financial best practices to turn budgeting, planning, forecasting, financial consolidation, reporting and analysis into a continuous process fueled by real-time performance measurement. ICONOMICS, based in Toronto, is focused on helping organizations unleash the power of operational data to support the business management needs of users. The company is adept at addressing the needs of an organization from the inception of a project through to delivery. ICONOMICS specializes in offering an advisory level of expertise, whether for the technical architecture or the design of business applications. ICONOMICS also offers resources to fulfill the development and deployment requirements of Business Performance Management and Business Intelligence projects. To complete the services offering, the company provides on-site training programs suited to individual needs and tailored to requirements. KnowledgeLab Software, Inc., Plano, TX, is an independent software development company, marketing the company's premier product TABS (Tracking, Analysis and Budgeting System). TABS is business intelligence software for managing planning, budgeting, forecasting and expense tracking activities down to the line manager level. KnowledgeLab combines best of breed products and services with extensive management experience, and is a leader in budget, planning and business intelligence software. The company's philosophy is to provide the best solution with the greatest value to its customers. The senior management team of KnowledgeLab has more than 75 years of relevant business experience. Lynx lynx, name given to several related small, ferocious members of the cat family. All have small heads, tufted ears, and heavy bodies with long legs and short tails. All are primarily terrestrial, although they are able to climb trees. Consulting Group, Springfield, PA, specializes in Business Intelligence (BI) and Business Performance Management (BPM) applications. Lynx helps companies organize, analyze and deliver business information. Lynx brings to each client proven methodologies for managing projects. The company's experience and expertise ensures a client's success by delivering the right information on time and on budget. As such, Lynx has worked with more than 120 different companies in the last six years, largely in Philadelphia, Pittsburgh, and Washington DC. Typical applications include Performance Management, Budgeting and Forecasting, and Management Reporting. A leader since 1973, Picis, Wakefield, MA, is a worldwide provider of the most mature, robust information solutions for automating perioperative perioperative /peri·op·er·a·tive/ (-op´er-ah-tiv) pertaining to the period extending from the time of hospitalization for surgery to the time of discharge. per·i·op·er·a·tive adj. care and critical care units - the most cost- and resource-intensive environments in a hospital. This one-of-a-kind automation extends to other high-acuity care areas and is supported by Picis' proven integration and unparalleled multifacility capability. Additional partners now selling Applix solutions include Grupo Popa and Info Express in the Americas; Anlontis, Anite, FSG See Linux Foundation. , Information Management Group, Liberty Bishop Ltd, Orange HiTech, and Performance Analytics in the UK; and BMA BMA British Medical Association. Group, Cortell Consulting, Nippon RAD (1) (Rapid Application Development) Developing systems incrementally and delivering working pieces every three to four months, rather than waiting until the entire project is programmed before implementing it. , Numa Consulting, Team One Solutions, and Workcentric in Asia Pacific. About Applix Applix (Nasdaq: APLX) is a global provider of Business Intelligence and Business Performance Management solutions. These solutions enable the continuous management and monitoring of performance across the financial, operational, customer and organizational functions within the enterprise. More than 1,700 customers worldwide use Applix's adaptable, scalable and real-time solutions, delivered by Applix and by a global network of partners, to manage their business performance and respond to the marketplace in real-time. Headquartered in Westborough, MA, Applix maintains offices in four countries in Europe, North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. and the Pacific Rim Pacific Rim, term used to describe the nations bordering the Pacific Ocean and the island countries situated in it. In the post–World War II era, the Pacific Rim has become an increasingly important and interconnected economic region. . For more information about Applix, please visit www.applix.com. This news release contains forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. that involve risks and uncertainties. Forward-looking statements in this document are made pursuant to the safe harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. provisions 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. Forward-looking statements concerning future plans or results are only estimates and actual results could differ materially from expectations. Certain factors that could cause or contribute to such differences include without limitation, competitive pressures, changes in customer demands, adverse economic conditions, loss of key personnel, litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute. When a person begins a civil lawsuit, the person enters into a process called litigation. , potential fluctuations in quarterly results, lengthy sales cycles, market acceptance of new or enhanced products and services, factors affecting spending by customers and other risks, uncertainties and factors including those described in the Company's Annual Report on 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, 2002 under the heading "Risk Factors" and its most recent Quarterly Report on Form 10-Q Form 10-Q See 10-Q. under the heading "Factors That May Affect Future Results." The forward-looking statements provided by the Company in this press release represent the Company's views as of the date of this release. The Company anticipates that subsequent events and developments may cause the Company's views to change. However, while the Company may elect to update these forward-looking statements at some point in the future, the Company specifically disclaims any obligation to do so, and these forward-looking statements should not be relied upon as representing the Company's views as of any date subsequent to the date of this release. (C)2004 Applix, Inc. All rights reserved. Applix and TM1 are registered trademarks of Applix, Inc. All other trademarks and company names mentioned are the property of their respective owners. |
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