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FinancialZ Introduces New Graphics-Based Software Designed to Simplify Analysis and Communication of Financial Statements.


TEMPE, Ariz. -- Financial Grammar(TM) Meets Market Need to Demystify de·mys·ti·fy  
tr.v. de·mys·ti·fied, de·mys·ti·fy·ing, de·mys·ti·fies
To make less mysterious; clarify: an autobiography that demystified the career of an eminent physician.
 Complex Fiscal Concepts

FinancialZ, Inc., developer of financial communications software (communications, software) communications software - Application programs, operating system components, and probably firmware, forming part of a communication system. These different software components might be classified according to the functions within the Open Systems  for the medical, educational, and other rapidly-growing markets, today introduced its new Financial Grammar(TM) software package. Financial Grammar (TM) is designed to simplify the analysis and communication of company fiscal statements using state-of-the-art graphical user interface graphical user interface (GUI)

Computer display format that allows the user to select commands, call up files, start programs, and do other routine tasks by using a mouse to point to pictorial symbols (icons) or lists of menu choices on the screen as opposed to having to
 technology. Unlike existing financial reporting applications, Financial Grammar builds upon the user's system to significantly improve how the data is communicated.

Financial Grammar allows the users to easily extrapolate extrapolate - extrapolation  data from their current accounting or financial systems into the Financial Grammar format, without re-entering or manually copying data. It enables executives and administrators to organize data according to according to
prep.
1. As stated or indicated by; on the authority of: according to historians.

2. In keeping with: according to instructions.

3.
 significance in an easy-to-read format that can be used for presentations and meetings.

FinancialZ also introduced Financial Reader(TM), a free software package that lets users view the analysis and commentary created with Financial Grammar in a fully interactive environment.

"Financial Grammar fulfills a major market need, and is ideal for business executives, administrators, and entrepreneurs who need clear, concise, financial updates that prioritize vital data, for quick, easy analysis and communication," said Andreas Schloissnik, FinancialZ Incorporated's founder and chief executive.

Defining Data in Fundamental Dimensions

Financial Grammar(TM) defines data in terms of four basic financial dimensions -- profitability, liquidity, leverage and activity. It enables users to quickly review screens that deliver current data or historical data from any of these four dimensions. Financial Grammar is able to retrieve data from all of the popular and proven accounting programs, such as Quickbooks and others. Data from publicly trade companies can also be imported directly from Edgar-Online.

The user interface includes a graphics based analysis window, statement links to financial reports, and a note pad for annotating an·no·tate  
v. an·no·tat·ed, an·no·tat·ing, an·no·tates

v.tr.
To furnish (a literary work) with critical commentary or explanatory notes; gloss.

v.intr.
To gloss a text.
 data while creating an analysis. Video, sound, or business intelligence files can be added to any data point or statement.

System requirements for operating Financial Grammar and Financial Reader include Intel(R) Pentium(R) processor, Microsoft(R) Windows 2000, Windows XP Professional or Home Edition, or Windows XP Tablet PC Edition Windows XP Tablet PC Edition is an edition of Windows XP intended for specially-designed notebook/laptop computers called tablet PCs. Windows XP Tablet PC Edition is compatible with a pen-sensitive screen, supporting handwritten notes and portrait-oriented screens. , Windows Media Player Digital jukebox software for Windows from Microsoft that plays a variety of audio, video and streaming formats including MP3, WMA, CD audio and MIDI. Starting with Version 6.2 in 1999, the Windows Media Rights Manager was added for securing copyrighted content.  9 or higher, 128MB of RAM and up to 90MB of available hard-disk space.

Successful Track Record

Schloissnik brings a successful record of entrepreneurship to the industry. He was a founder of 3A International, Inc., a maker of high speed data analyzers that became standard test equipment for IEEE (Institute of Electrical and Electronics Engineers, New York, www.ieee.org) A membership organization that includes engineers, scientists and students in electronics and allied fields.  1394 (FireWire). He was subsequently named general manager of Yokagawa America, a leading supplier of electronic test equipment, when the company acquired 3A International.

Schloissnik said his previous CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  experience convinced him that organizations required a simpler approach to understanding a company's financial obligations, assets and position at a specific time.

"As a CEO, I know how important it is to have an accurate and easily understood snapshot of financial conditions at all times, without wading through huge, undifferentiated financial files that include lots of detail and no prioritization of the data or information," he said. "Our initial customers in medical and educational fields indicate a strong interest in this kind of convenience, and they've guided our development efforts."

The co-founder and director of business development of FinancialZ is George Caramanna, a certified public accountant Certified Public Accountant (CPA)

An accountant who has met certain standards, including experience, age, and licensing, and passed exams in a particular state.
, who is president and founder of The Focus Group, PC, Certified Public Accountants. His practice emphasis is on business valuation services, management advisor services and taxation research. Before founding The Focus Group in 1988, Caramanna was employed by Laventhol and Horwath, CPAs. He served as tax department supervisor, with an emphasis on fiduciary and estate issues, along with partnership and corporate business and valuation issues.

Financial Grammar complies with all GAAP GAAP

See: Generally Accepted Accounting Principles


GAAP

See generally accepted accounting principles (GAAP).
 rules, and FinancialZ has applied for patents on the technology. Pricing begins at $29.95 per licensed copy on a monthly basis.

Based in Tempe, Arizona, FinancialZ, Inc. was founded to provide businesses and organizations the ability to easily read, analyze, and communicate financial information. For more information, please visit the company web site at www.financialzinc.com or email info@financialzinc.com.

Financial Grammar and Financial Reader are trademarks of FinancialZ Incorporated.
COPYRIGHT 2005 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2005, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Mar 24, 2005
Words:673
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