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Applix Expands Partnership with CPM Enterprise Solutions into United States.


WESTBOROUGH, Mass. -- Leading Reseller to deliver TM1-based Business Intelligence and Performance Management Solutions throughout 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.  

Applix, Inc. (Nasdaq: APLX), a global provider of single platform solutions for Business Intelligence (BI) and Business Performance Management (BPM) solutions, today announced the expansion of its relationship with CPM (1) (Critical Path Method) A project management planning and control technique implemented on computers. The critical path is the series of activities and tasks in the project that have no built-in slack time.  Enterprise Solutions (CPM) of Ontario, Canada, an Applix Solution Partner. In addition to providing expertise and service to Applix TM1 customers in Canada, CPM Enterprise Solutions will also work with Applix prospects and customers in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. . Applix Solution Partners help enterprises address their business performance management needs through the consulting and implementation of Applix's TM1(R), the complete platform for planning, budgeting, forecasting, reporting and analytics, including its accompanying modules, TM1 Planning Manager(TM) and TM1 Web(TM).

"CPM has extensive experience helping businesses leverage the strategic power of BI and BPM solutions," said Larry Piccioli, vice president, business development, Applix. "As more and more companies look to BI and BPM to help understand customer and product profitability, plan for and manage to metrics metrics Managed care A popular term for standards by which the quality of a product, service, or outcome of a particular form of Pt management is evaluated. See TQM. , and perform complex financial and operational modeling, they need strategic partners to help with these solutions and processes. CPM is one of a number of Applix Solution Partners that are expert resources for these businesses, and we're pleased to expand our relationship with CPM into a broader customer base."

Founded specifically to deliver Performance Management solutions, CPM's staff are experts in finance, management, reporting, systems implementation and project management. CPM will develop customized solutions that utilize Applix's TM1 software and enable companies to complete the ongoing budgeting, planning, forecasting and consolidation processes, to more efficiently and effectively analyze and report on core operational information, and to make more strategic business decisions based on up-to-date information on company performance and operations.

According to according to
prep.
1. As stated or indicated by; on the authority of: according to historians.

2. In keeping with: according to instructions.

3.
 Michael O'Rourke, President of CPM Enterprise Solutions, LLC (Logical Link Control) See "LANs" under data link protocol.

LLC - Logical Link Control
 of Plymouth, MA, CPM's US division, "We are confident that this partnership will be highly successful due to our experience in this space and TM1's unique capability of providing a complete CPM solution to our customers. Applix's TM1 is a world-class planning, budgeting, and forecasting application that provides real-time analytics and reporting across the enterprise at a truly compelling price point."

Applix Solution Partners

Applix delivers software solutions through a number of channels, including Solution Partners, Distributors, OEMs and Value Added Resellers See VAR.

(company) value added reseller - (VAR, or "value added retailer") A company which sells something (e.g. computers) made by another company (an OEM) with extra components added (e.g. specialist software).
. Solution partners offer packaged and customized applications across a variety of industries, including banking and financial services The examples and perspective in this article or section may not represent a worldwide view of the subject.
Please [ improve this article] or discuss the issue on the talk page.
, consumer goods/retail, healthcare, media, and more. (See www.applix.com/solutions/applications.asp). Value Added Resellers and OEMs bundle Applix software products within their application to provide valuable planning, reporting and analytic functionality. (For more information on the full array of Partner Solutions for TM1, see www.applix.com/partners/accountsearch.asp.)

About CPM Enterprise Solutions

CPM was founded specifically to deliver Corporate Performance Management (CPM) Solutions to customers to close the gap between management's corporate strategy model and transaction based systems like ERP (Enterprise Resource Planning) An integrated information system that serves all departments within an enterprise. Evolving out of the manufacturing industry, ERP implies the use of packaged software rather than proprietary software written by or for one customer. . CPM's solutions provide immeasurable benefits as the solutions improve both an organization's effectiveness and efficiency. Comprised of associates with experience servicing Fortune 1000 companies across North America, CPM provides customers with a wealth of knowledge and experience, as well as an unparalleled level of service to add significant value to organizations. For more information, please visit www.cpmes.com.

About Applix

Applix (NASDAQ: APLX) is a global provider of Business Intelligence and Business Performance Management solutions. These solutions, based on Applix's TM1 analytics platform, enable the continuous planning, management and monitoring of performance across the financial and operational functions within the enterprise. Applix is a founder of the BPM Standards Group (www.bpmstandardsgroup.org), and has been recognized by numerous industry analyst groups for its technical leadership and vision in the marketplace.

More than 1,900 customers worldwide use TM1 for its tight integration with Excel, real-time response, adaptability, and low total cost of ownership. Delivered by Applix and by a global network of partners, TM1-based solutions help customers 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 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, 2003 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. TM1 Planning Manager and TM1 Web are trademarks of Applix, Inc. All other trademarks and company names mentioned are the property of their respective owners.
COPYRIGHT 2004 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2004, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Dec 7, 2004
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