Applix Extends Real-Time Business Intelligence Capabilities for Sybase Users.WESTBOROUGH, Mass. & DUBLIN, Calif. -- Applix and Sybase form Strategic Alliance to Enable Sybase Customers to Easily Perform Real-Time Analytics and Business Performance Management Today Applix, Inc. (Nasdaq: APLX), a global provider of Business Intelligence (BI) and Business Performance Management (BPM) solutions, announced a Strategic Alliance with Sybase, Inc. (NYSE NYSE See: New York Stock Exchange : SY) to help Sybase(R) customers fully leverage their investments in Sybase technology, delivering real-time answers to complex business questions for an enterprise-wide business intelligence solution. As part of the strategic alliance, Applix will offer its TM1(TM) Online Analytical Processing Online Analytical Processing, or OLAP (IPA: /ˈoʊlæp/), is an approach to quickly provide answers to analytical queries that are multidimensional in nature. (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. ) and planning platform to operate with Sybase's Adaptive Server(R) Enterprise (ASE (Adaptive Server Enterprise) A relational DBMS from Sybase that runs on Windows NT/2000, Linux and a variety of Unix platforms. ASE is a comprehensive and robust data management product with a long history dating back to the late 1980s. ) and Sybase IQ Sybase IQ, formally Sybase Adaptive Server IQ, is a relational database software system used for data warehousing, produced by the Sybase corporation. Features . Together, these products will allow Sybase customers to perform real-time analytics and business planning with information stored in Sybase IQ or ASE, Sybase's award-winning data management technologies. The combined technologies perform rapid queries and 'what-if' analysis on historical and current financial and operational data. "Businesses today need constant visibility into changing business conditions in order to respond quickly and effectively," said Kathleen Schaub, vice president of marketing, Sybase, Inc. "This real-time view requires information that flows freely, is accurate and up-to-the-minute. By providing relevant and actionable data in real-time, the combined Sybase and Applix offerings can help business decision makers to quickly combat threats, capitalize on Cap´i`tal`ize on` v. t. 1. To turn (an opportunity) to one's advantage; to take advantage of (a situation); to profit from; as, to capitalize on an opponent's mistakes s>. opportunities, and make better-informed decisions." "Applix's TM1 engine accesses information from a wide variety of data sources - relational databases, general ledger General Ledger A company's accounting records. This formal ledger contains all the financial accounts and statements of a business. Notes: The ledger uses two columns: one records debits, the other has offsetting credits. systems and 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. applications, just to name a few," said David Menninger, vice president, worldwide marketing, Applix, Inc. "The combination of our planning platform with Sybase's leading information management technology enables customers to implement a variety of BI solutions to match their business needs." TM1's OLAP 'slice and dice' capabilities provide real-time updates at the click of a button, allowing financial analysts, business planners and line-of-business managers to work with the most up-to-date data. All of this information is available directly in Microsoft Excel (tool) Microsoft Excel - A spreadsheet program from Microsoft, part of their Microsoft Office suite of productivity tools for Microsoft Windows and Macintosh. Excel is probably the most widely used spreadsheet in the world. Latest version: Excel 97, as of 1997-01-14. , through the Web, or through a variety of Applix third-party solutions, giving end users a choice of familiar application environments. With TM1, users can also perform 'what-if' scenario analysis Scenario analysis The use of horizon analysis to project total returns under different reinvestment rates and future market yields. by changing specific factors or numbers while 'holding' the totals/summary information. Sybase IQ is a highly scalable analytic engine, designed specifically for unsurpassed query performance based on a column structure and patented indexing. An award-winning data warehouse and reporting technology, Sybase IQ has over 1700 customers worldwide. Sybase IQ is proven to economically manage large volumes of data and give users extremely rapid responses to queries. The combined offering brings together leading products in the OLAP and information management fields to provide vital business intelligence to growing numbers of business users. Sybase Adaptive Server Enterprise See ASE. (database) Adaptive Server Enterprise - (ASE) The relational database management system that started life in the mid-eighties s "Sybase SQL Server". For a number of years Microsoft was a Sybase distributor, reselling the Sybase product for OS/2 and (later) Windows (ASE) is a powerful data management platform for high performance business applications. The latest version of Sybase ASE makes it even easier to deploy and maintain, with enhanced operational scalability to support tougher workloads with fewer resources. Sybase ASE provides better security integration with corporate authentication systems, improved operational scalability including a smart SQL SQL in full Structured Query Language. Computer programming language used for retrieving records or parts of records in databases and performing various calculations before displaying the results. statement cache, advanced Web services (1) Loosely, any online service delivered over the Web. Such usage appears in articles from non-technical sources, but not in IT-oriented publications, because definition #2 below describes the correct use of the term. support and improved scalability for enterprise-class applications on 32 and 64-bit Linux. Applix Strategic Alliance Program Applix's Strategic Alliance program brings together vendors of related technology to extend BI and BPM solutions for customers worldwide. This best-of-breed approach makes it easier for customers adopt and deploy technologies for a single, comprehensive approach to BI and BPM. Applix TM1 Applix's TM1 is a proven, multi-dimensional planning, reporting and analytics platform for powering strategic analysis of financial, transactional, operational and other business data. TM1 has been named as a leader in the tools category of the BPM Partners' annual "Beyond the Hype" Webcast and the BPM Buyer's Guide in Business Finance Magazine (http://www.bpmpartners.com/events_webinars.shtml), and scored the highest rating in goal achievement and performance in The OLAP Survey 3 (www.survey.com/olap) by independent analyst Nigel Pendse Nigel Pendse is OLAP analyst and the lead person responsible of The OLAP Report and The OLAP Survey, and is an advisor and speaker on a variety of OLAP related subjects. Previously, he had worked both as a user and then in a variety of roles as a salesperson of business . Applix also provides TM1 Web, a Web-enabled front end for global and remote read/write capabilities of BI and BPM applications, and TM1 Planning Manager to provide workflow and compliance capabilities for all TM1-based applications. About Sybase Celebrating 20 years of innovation, Sybase enables the Unwired Enterprise Unwired enterprise is a term used to refer to tools and server products for thick offline mobile client applications that extend enterprise applications to a variety of small and big devices in use by mobile workforce. for customers and partners by delivering enterprise and mobile software solutions for information management, development and integration. The world's most critical data in commerce, communications, finance, government and healthcare runs on Sybase. For more information, visit the Sybase Web site: http://www.sybase.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 1,800 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 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. For more information about Applix, please visit www.applix.com. This news release contains forward-looking statements 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. Special Note: Statements concerning Sybase's future growth, prospects and new product releases are by nature forward-looking statements that involve a number of uncertainties and risks and cannot be guaranteed. The words "anticipate," "believe," "estimate," "expect," "intend," "will" and similar expressions relating to Sybase and its management may identify forward-looking statements. Such statements are intended to reflect Sybase's current views with respect to future events and may ultimately prove to be incorrect or false. Factors that could cause actual events or results to differ materially include shifts in customer demand, rapid technology changes, competitive factors and unanticipated delays in scheduled product availability. These and other risks are detailed from time to time in Sybase's Securities and Exchange Commission filings, including but not limited to its annual report on Form 10-K and its quarterly reports on Form 10-Q (copies of which can be viewed on Sybase's Web site). Applix and TM1 are registered trademarks of Applix, Inc. TM1 Web is a trademark of Applix, Inc. All other trademarks and company names mentioned are the property of their respective owners. Sybase and Adaptive Server Enterprise are registered trademarks of Sybase, Inc. (R) indicates registration in the United States of America UNITED STATES OF AMERICA. The name of this country. The United States, now thirty-one in number, are Alabama, Arkansas, Connecticut, Delaware, Florida, Georgia, Illinois, Indiana, Iowa, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Mississippi, Missouri, New Hampshire, . All other company and product names mentioned may be trademarks of the respective companies with which they are associated. |
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