Datawatch Announces BDS/Workflow.

Web-enabled Enterprise BPM Solution Simplifies Document-intensive Business Processes and Helps Ensure Regulatory Compliance

BOSTON -- Datawatch Corporation (NASDAQ-CM: DWCH), a leader in Enterprise Information Management, today announces general availability of Datawatch BDS|Workflow, the company's web-enabled enterprise business process management solution. Targeting enterprises that have document intensive business processes, such as loan processing, new account application, accounts payable, insurance claims and purchase requisition, BDS|Workflow offers a full feature set designed to save companies time and support both internal controls and external regulations.

According to Gartner, Inc., the worldwide market for pure-play BPM software is forecast to post double-digit growth rates reaching $1.1 billion by 2009, with most of that growth originating in the emerging integrated suite segment. BDS|Workflow is designed to address this market need and fully integrate with the Datawatch|BDS document archive system, which provides for centralized management of document images, reports, customer correspondence, statements and e-mail.

BDS|Workflow is exceptional in that it can automatically initiate a new workflow based on receipt of a new document within the Datawatch|BDS archive. With the addition of this module, archived enterprise content is transformed into actionable information; empowering companies to more effectively manage and see their business processes to completion.

"Based on our users' real world workflow needs, Datawatch designed the BDS|Workflow module to initiate a workflow task automatically whenever a new document of a specified type is archived," said John Kitchen, chief marketing officer for Datawatch. "We see this as an important differentiator since it immediately archives and protects the initiating document and thereby enables stronger controls and accountability. With significant growth forecast for this market, we are confident that our workflow solution will strengthen our position as a leader in enterprise information management by helping companies turn documents into actionable information."

KEY FEATURES

* Automatic Initiation of New Workflows - Based on the receipt of a new document within the Datawatch/BDS archive, a new workflow is initiated and tasks are assigned to appropriate employees. This feature creates significant time savings, as many processes start with a document created by third parties, such as an invoice or a hand-written form. It also provides for improved document retention, stronger accountability and adherence to internal controls.

* Robust Management of Workflow Routes, Roles and Business Rules - BDS|Workflow allows administrators to easily define workflow routes, roles and business rules as well as the e-forms required for the desired workflow. BDS|Workflow also combines these elements with role-based dashboard views of workflow status, updates and outstanding tasks.

* Workflow Initiation and Tracking - Users have the ability to manually initiate workflow tasks; automatic routing and status tracking is performed according to business rules as specified by the administrator and are available via the BDS|Workflow dashboard. All e-forms and support documents related to each unique workflow task are retained in a "casebook" and archived once the workflow is complete.

* Automatic Exception-Based Workflows - Unlike other workflow solutions, BDS|Workflow offers the capability to identify and resolve business transactions or conditions that are outside of acceptable levels. This is achieved using Monarch Data Pump, Datawatch's server-based enterprise information delivery solution, which can unlock data from reports to identify business transactions which do not comply with internal controls as defined by the organization. This "exception data" creates a new workflow so that appropriate individuals are assigned tasks to resolve the issue. As a result, organizations benefit from a powerful tool that can help ensure the successful enforcement of internal policies and controls created for compliance with Sarbanes-Oxley, HIPAA and other regulatory requirements.

SERVER REQUIREMENTS

* Windows 2000 Server (Service Pack 3 or 4) or Windows 2003 Server

* 2.4 GHz CPU or higher

* 2 GB system memory or more

* 1.5 GB disk space for software

* Disk space for data and indexes (10 GB recommended)

* .NET Framework 2.0

* IIS 5.0 or above

Datawatch is showcasing its Enterprise Information Management products, including Datawatch BDS|Workflow, at this week's AIIM Conference & Expo (booth #3100).

ABOUT DATAWATCH CORPORATION

Datawatch Corporation (NASDAQ-CM:DWCH), a leader in Enterprise Information Management, helps companies make better decisions and solve business problems by simplifying access to information. Unique among EIM vendors, Datawatch transforms the massive amounts of data and documents generated inside or outside a company into actionable insight, without any changes needed to existing systems. Datawatch customers benefit from the right information, in the right context, at the right time. More than 20,000 organizations worldwide rely on Datawatch products including its market-leading Monarch report and data mining solutions. Founded in 1985, Datawatch is based in Chelmsford, Mass. with offices in London, Sydney and Manila. For more information, visit www.datawatch.com.