Datawatch/Researcher Delivers Consolidated Document and Data Views for Easier Compliance, Auditing, Accounting, and Billing Processes.

LOWELL, Mass. -- Solution is Ideal for Financial Services, Healthcare and Industries Required to Meet Heavy Reporting and Compliance Regulations

Datawatch Corporation (NASDAQ: DWCH), a leading provider of report management, data transformation and service management solutions, today released Datawatch|Researcher, for collaborative, documented research of enterprise content and metadata to support compliance, auditing, accounting and billing processes. Datawatch acquired the Researcher technology with its purchase of Mergence Technologies Corporation on August 11, 2004, and has overseen the product's completion.

Datawatch|Researcher searches inter-related data, documents, and communications scattered over multiple and disparate repositories, then merges and analyzes the results into comprehensive actionable case records. Combined with Datawatch|ES, Datawatch's report management and mining solution, this allows customers to unite enterprise information and support better decision-making and reporting for compliance initiatives.

For example, a current customer in financial services is using Datawatch|Researcher to assemble all the relevant documents and data about individual bond transactions - no matter how complex - into a single record ("view"). This view is then archived and used to provide complete information on the transaction for compliance and audit purposes. Prior to using Datawatch|Researcher, the broker had no method of keeping all the information about a transaction in a single file, and was struggling to be compliant with record-retention regulations.

"Datawatch|Researcher extends Datawatch's offerings in the enterprise report and content management markets. This web-based enterprise application is an easy to use research and investigation environment, and integrates data and related documents into meaningful and accessible information that can be shared within collaborative work environments," said Claude Reeves, Datawatch vice president of Enterprise Applications. "Using Researcher in combination with other Datawatch or third-party enterprise applications, businesses in brokerage, banking, healthcare and other vertical industries are able to integrate and reconcile almost every source of enterprise information, merge and analyze data, investigate and manage exceptions, and meet various regulatory requirements."

Datawatch Researcher includes the ability to:

--Correlate searches;

--Summarize, compute, process and organize data;

--Memorize and repeat report user actions;

--Automatically update pages of output;

--Attach desktop files to reports as required;

--Automatically preserve "snapshots";

--Produce subject-based hyper linking; and

--Enable collaborative, recorded research.

AVAILABILITY, PRICING AND REQUIREMENTS

Datawatch|Researcher is available now from Datawatch and its partners. Enterprise subscription pricing starts as low as $2,395 per month for a Datawatch|Researcher license that supports up to five users. Datawatch|Researcher runs on Microsoft Windows 2000 SP4, Windows XP SP1 or Windows 2003 Server, and .NET Framework V1.1+.

ABOUT DATAWATCH CORPORATION

Datawatch Corporation helps organizations easily access, store, distribute, transform and analyze information throughout the enterprise. From report management and analytics to data transformation and Internet presentment, Datawatch Corporation provides solutions that allow organizations to fully integrate and leverage their existing sources of information. Datawatch products are used in more than 20,000 companies, institutions and government agencies worldwide.

The corporate address for Datawatch is 175 Cabot Street, Suite 503, Lowell, MA 01854-3633; telephone [phone]. More information on Datawatch and its solutions can be found at www.datawatch.com.

FOR PRESS INFORMATION:

Datawatch: Larry Bouchie, [e-mail], 978-275-8264