Comgroup Selects CorVu's CorManage to Streamline Supply Chain Processes.

Business Editors

MINNEAPOLIS--(BUSINESS WIRE)--Feb. 22, 2000

CorVu Corporation (CRVU NASDAQ: bb), a leading provider of Enterprise e-Business Performance Management, Business Intelligence and Balanced Scorecard  solutions, announced today that Comgroup Supplies, a global food service manufacturer and distributor, has purchased CorVu's CorManage application.

Comgroup is currently implementing CorManage in order to maximize its supply chain performance. Comgroup will utilize CorVu's performance management capabilities to monitor its global food distribution network, which serves customers such as KFC, Hungry Jacks, Burger King, A&W, Dunkin' Donuts, Woolworths, and Domino's Pizza.

"CorVu will help us achieve full integration of supply-chain management, production planning and scheduling, financial reports, management scorecards, debtors, creditors and inventory," said Paul Jongste, group accountant and project manager, Comgroup. "CorVu improves business performance and profits as senior management can make informed decisions based on accurate and timely information which they can access from any location. The result is better products and improved customer service."

"We are very pleased that CorManage will assist Comgroup in achieving performance goals and realizing operational efficiencies," commented Justin MacIntosh, president and CEO, CorVu Corporation. "Comgroup is setting a standard within the food service industry. The implementation of an automated performance management methodology demonstrates a real commitment to providing the best possible products and services to its customers."

The selection process

Comgroup needed a system that could support product quality tracking and integrate all its performance management systems. In early 1998, Comgroup sought to replace a system that was over 15 years old and not Y2K compliant. Comgroup chose CorVu because it could automate the product quality tracking process and maintain accurate statistics on its supply chain.

With CorVu, Comgroup can maintain and improve its standards of supply to all its customers through product tracing, starting from the raw material to the final finished product. In the past this function has been maintained manually on spreadsheets.

CorVu Improves Business Operations 

CorVu lets Comgroup save time preparing performance scorecards that were previously produced manually. Originally, Comgroup's static scorecard was displayed by stand-alone Lotus 1-2-3 spreadsheets with information being input manually. Now, CorManage's robust scorecard functionality provides integrated management planning, production scheduling and forecasting capability.

"CorVu provides us with direct database access to important information, such as daily operational reports, from our main operating system. This lets us monitor business performance and make decisions based on up-to-date, accurate information. CorVu lets Comgroup take a more proactive role in the management of the business. This proactive approach leads to improved performance and profits," continued Mr. Jongste.

About CorVu

CorVu is a global provider of Enterprise e-Business Performance Management, Business Intelligence and Balanced Scorecard Solutions. Combining OLAP query and reporting, executive dashboard alerts, forecasting, and Balanced Scorecard applications, CorVu provides a comprehensive Enterprise Business Performance Management solution. CorVu has U.S. offices in Minneapolis, Atlanta, Boston, Chicago, Cincinnati, Dallas, Los Angeles, New York, San Francisco, and Washington D.C.; Asia Pacific offices in Sydney, Auckland, Melbourne, Brisbane and Perth; and European offices in London, Munich, Rotterdam, Sheffield and Stockholm. With more than 2500 customers, including companies such as Datacard, Mincom, Prudential, Sara Lee, Unisys, Ford Motor Company and British Airways, CorVu's Enterprise Business Performance Management and Balanced Scorecard solutions are gaining market acceptance. Additional information about CorVu products and services can be found on CorVu's web site at http://www.corvu.com or call [phone].

About CorManage

CorManage combines the robust business intelligence functionality with a comprehensive Balanced Scorecard offering. CorManage includes the latest innovation in Balanced Scorecard automation - it uses regression analysis of scorecard results to statistically validate models of organizational strategy. Once a valid strategy has been formulated, users perform 'what-if' analysis to identify how performance improvements in one area of the organization impact, either positively or negatively, performance in another area. This knowledge empowers managers to more effectively allocate valuable time and resources to those activities that are most strategic - those that have the most impact on the desired outcome. CorVu's solutions are designed to enable customers to better measure and analyze their information in order to achieve strategic objectives and improve business performance.

About the Balanced Scorecard

The Balanced Scorecard is an organizational framework for implementing and managing strategy at all levels of an enterprise by linking objectives, initiatives, and measures to an organization's strategy. The scorecard provides an enterprise view of an organization's overall performance by integrating financial measures with other key performance indicators around customer perspectives, internal business processes, and organizational growth, learning, and innovation. Since the concept was introduced in 1992, Balanced Scorecards have been implemented at corporate, strategic business unit, shared service functions, and even individual levels at hundreds of organizations-in both the private and public sectors-worldwide.

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