CorVu Corporation Announces US Expansion.

MINNEAPOLIS--(BUSINESS WIRE)--March 17, 1998--CorVu Corporation, the leading provider of Performance Management, Balanced Scorecard and Business Intelligence solutions, announced strategic expansion throughout the U.S. CorVu solutions empower users to make faster and better-informed business decisions.

Rapid Growth

CorVu has experienced very rapid growth in recent months. "Reception to our newest products has exceeded our expectations," says Alan Missroon, CorVu's vice president of marketing. "The market for automated performance management solutions is exploding. It's reflected in our growth. In the United States our 1997 revenue increased by 287% over 1996." For this same period worldwide revenues increased 137%.

The Balanced Scorecard has been the topic of numerous articles and publications since its introduction in 1992. Volumes have been written about its benefits as a strategic management tool. "Until now, fairly little has been written about how technology should be used to deliver the Balanced Scorecard as an application. We're changing that," Missroon continued.

In anticipation and preparation for this growth, CorVu has recently opened offices in San Francisco, Los Angeles, Chicago, and Dallas. These are in addition to existing offices in Minneapolis, Atlanta and Boston.

Quality Personnel

While the expansion has been rapid, it has not been without careful planning. Success hinges on the quality of the individuals in the organization. Recognizing this fact, CorVu has taken great care to add senior, quality personnel in both sales and consulting positions. "Bringing on the right people to represent our products and services during this explosive period of growth is critical to our success," says Jim O'Reilly, CorVu's vice president of sales. "We have been very fortunate to find people with strong backgrounds in business intelligence, data warehousing and performance management applications. In addition to an extremely attractive compensation package, experienced candidates immediately recognize the market opportunity for our solutions." This level of experienced staff also translates into higher quality products and services for CorVu customers.

Market Strategy

In addition to providing excellent software, CorVu has mapped out a winning strategy for attacking this market. Industry analysts have commented extensively on the shift towards pre-built analytical applications. CorVu accurately anticipated and prepared for this trend in both product development and sales and marketing strategies. Alliances with popular ERP vendors have enabled CorVu to develop performance management libraries for these applications. Additionally, CorVu has developed such pre-built templates for a variety of targeted vertical industries. "This strategy allows CorVu to distinguish itself as a solution provider," says Missroon. "We have created a synergy between our product offering and our sales and marketing strategy which delivers great value to our customers."

About CorVu

CorVu Corporation is a leading international provider of business intelligence solutions. CorVu has U.S. offices in Minneapolis, Atlanta, Boston, Chicago, Los Angeles, San Francisco; Australian offices in Sydney, Melbourne, Brisbane and Perth; and a European office in London, England. With more than 1,500 customers, including companies such as BHP, 3M, Datacard, Mincom, Prudential, Johnson & Johnson, Unisys, and BF Goodrich, CorVu's Business Intelligence, Performance Management and Balanced Scorecard solutions are gaining broad market acceptance. Additional information on CorVu products and services can be found on CorVu's Web site at http://www.corvu.com or call [phone]. -0- NOTE TO EDITORS: CorVu is a trademark of CorVu Corporation. All other company and product names referenced herein are registered trademarks or trademarks of their respective owners.

CONTACT: CorVu Corporation

Alan Missroon, 770/753-3190

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