Australian Defence Force Academy Selects CorVu for Its Business Strategy Modeling Research.

BUSINESS EDITORS

MINNEAPOLIS--(BUSINESS WIRE)--April 11, 2000

CorVu's CorManage will provide business simulations using a

robust Balanced Scorecard to complement ADFA's

strategy modeling research

The Australian Defence Force Academy (ADFA) has selected CorVu (Nasdaq OTCBB: CRVU) for its strategy modeling research. CorVu's CorManage software will be part of the Academy's business simulations, using a robust Balanced Scorecard to complement its strategy modeling research. CorManage's Balanced Scorecard will be used at the Centre for Business Dynamics and Knowledge Management. This is a joint initiative of The University of New South Wales at ADFA and Computer Sciences Corporation.

"CorVu has been chosen as the preferred business performance management software solution. As part of our agreement with the Australian Defence Force Academy, we are donating 25 licenses for research," explained Justin MacIntosh, CEO, CorVu Corporation. "We are looking forward to having the opportunity to support research into best management practices with the Australian Defence and government departments."

"The Centre is in the process of integrating a number of leading knowledge management products," said Keith Linard, Centre director, ADFA. "It aims to provide a complete solution set that can be used in strategy modeling and business simulation. CorManage has been recognized as compliant with the Balanced Scorecard Collaborative's functional standards. This certification by the creators of the Balanced Scorecard assures us that CorManage meets the highest automation standards. We are delighted with CorVu's contribution to the Centre."

CorVu gives ADFA a strategic advantage

For the last 10 years, ADFA has been using Excel spreadsheets for its business modeling research. "This system was adequate in the classroom situation, but it wasn't ideal for real research situations," said Keith Linard. "The Australian Defence Force needed a strategic advantage. It needed a solution that would focus on the outcomes and provide business-intelligence tools to assess things like fads, future trends and social impact. CorVu gives ADFA researchers a crucial set of features including: effective allocation of resources, the strengthening of competitive capabilities and installing strategy-supportive policies. These things are critical to the Academy and Federal Government departments."

CorVu gives tangible business performance management

Justin MacIntosh, CEO, CorVu commented, "Both public and private sectors need a way to assess tangible elements of business. CorManage satisfies mission-critical business performance management needs, both at tactical and strategic levels. It builds accountability into every action and provides a consistent basis to react to real-time events. This lets the Academy achieve continuous improvements and exceed performance targets."

Computer Science Corporation (CSC), a systems integration firm, is the main sponsor of the Centre. It worked closely with ADFA to come up with the best business management solution and had very specific reasons for choosing CorVu. "The fact that CorVu's Asia Pacific headquarters is located in Sydney assures us that support is always available. Changes can be made to the software and maintenance can be carried out without delays," explained Phil Sloper, national practice manager for knowledge management, CSC.

CorVu used in flight simulations

"CorVu's Balanced Scorecard will be used in research work such as development flight simulations. The flight simulation will sit on top of the Balanced Scorecard. It will assess and evaluate the best managerial strategies and help research the outcomes. For example, if the Air Force is spending too much money on flight training, we can see what business solutions could be implemented to reduce costs elsewhere," explained Keith Linard. "One immediate solution may have detrimental long-term effects. CorVu's software will let us try different business models to come up with the most strategic solutions."

About CorVu

CorVu is a global provider of Enterprise e-Business Performance Management and Balanced Scorecard Solutions. CorVu's solutions have helped thousands of companies merge business vision, shrewd industry and competitive analysis, and the right measurements to enable effective execution of strategy. We provide solutions designed to assist in efficiently allocating resources, strengthening competitive capabilities, installing strategy-supportive policies and managing core competencies to match market realities. By building accountability into every action and providing a consistent basis to react to real-time events, CorVu makes it easier to drive organisational change, achieve continuous improvement and exceed performance targets. CorVu has North American offices in Minneapolis, Atlanta, Baltimore, Boston, Chicago, Cincinnati, Dallas, Los Angeles, Miami, New York, San Francisco, Tampa and Washington D.C.; Asia Pacific offices in Sydney, Auckland, Melbourne, Brisbane and Perth; and European offices in London, Munich, Sheffield, Stockholm and Rotterdam.

With more than 2500 customers, including companies such as American Express, British Airways, CNS, Mincom, Prudential, Johnson & Johnson, Ford Motor Company, Sara Lee, Transitions Optical, Georgia Department of Defense and BF Goodrich, CorVu's Enterprise Business Performance Management and Balanced Scorecard solutions are gaining board market acceptance. Additional information about CorVu products and services can be found on CorVu's website at http://www.corvu.com or call [phone].

CorVu is a registered trademark of CorVu Corporation.