Future Enterprise Reporting Solution to Feature the Actuate Reporting System.SAN MATEO San Mateo (săn mətā`ō), city (1990 pop. 85,486), San Mateo co., W Calif., on San Francisco Bay; inc. 1894. It is a commercial and retail center with some high-technology manufacturing. San Mateo, Spanish for St. , Calif.--(BUSINESS WIRE)--Sept. 4, 1997--Actuate Software Corp. announced today a strategic development agreement to enhance PeopleSoft's enterprise reporting With the dramatic expansion of information technology, and the desire for increased competitiveness in corporations, there has been an increase in the use of computing power to produce unified reports which join different views of the enterprise in one place. capabilities with the Actuater Reporting System. 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. the agreement, future versions of PeopleSoft's industry-leading enterprise applications will include a customized PeopleSoft version of the Actuate Reporting System. Actuate's Enterprise Reporting solution features unique interactive reports called Live Report Documents(TM), an adaptable and customizable reporting environment, a scalable server-centric architecture and powerful webcasting report distribution. In addition, PeopleSoft has taken an investment position in Actuate, which was recently identified by The Red Herring Red Herring A preliminary registration statement that must be filed with the SEC describing a new issue of stock (IPO) and the prospects of the issuing company. Notes: as one of the "Top 50 Private Companies." "We were initially attracted to Actuate's unique combination of leading-edge tools for report creation and the ability to create reports to accommodate high volumes of data," said Stan Swete, vice president of PeopleTools product strategy. "But our customers will also benefit from Actuate's Report Server and ReportCast report distribution capabilities." "PeopleSoft will bring a tremendous amount of application experience to Actuate, both as a strategic partner and as an investor," said Nico Nierenberg, president and 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. of Actuate. "Together, Actuate and PeopleSoft will offer the industry's leading enterprise applications and reporting system." PeopleSoft will continue to support reports written with other tools in addition to the new development done with Actuate. "As we get started with Actuate we will keep our users advised of development plans and will continue to support our existing reporting solutions," said Swete. "We understand the need to help customers maintain the value of the investments they've made in their current reporting solutions." About PeopleSoft Inc. PeopleSoft Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :PSFT PSFT PeopleSoft (stock symbol) PSFT Progressive Saturation Fourier Transform PSFT Prosoft-Technology, Inc ) was established in 1987 to provide innovative software solutions that meet the changing business demands of enterprises worldwide. A client/server applications pioneer and market leader, PeopleSoft develops, markets, and supports a complete suite of enterprise solutions for finance, materials management Materials management is the branch of logistics that deals with the tangible components of a supply chain. Specifically, this covers the acquisition of spare parts and replacements, quality control of purchasing and ordering such parts, and the standards involved in ordering, , distribution, supply chain planning, manufacturing, and human resources The fancy word for "people." The human resources department within an organization, years ago known as the "personnel department," manages the administrative aspects of the employees. . In addition, PeopleSoft provides industry-specific enterprise solutions to customers in select markets including communications, financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. , healthcare, manufacturing, higher education higher education Study beyond the level of secondary education. Institutions of higher education include not only colleges and universities but also professional schools in such fields as law, theology, medicine, business, music, and art. , public sector, services, transportation, United States Federal government and utilities. With more than 1,700 customers around the world, the company has been recognized for both its award-winning customer service and its remarkable growth. PeopleSoft was listed by Fortune magazine as one of the fastest growing companies in America in 1994, 1995 and again in 1996. PeopleSoft product and service information is located on the World Wide Web at http://www.peoplesoft.com . About Actuate Software Corp. Actuate Software Corp., the leader in enterprise reporting, is meeting the information access needs of the corporate enterprise. The Actuate Reporting System, including ReportCast, securely and efficiently delivers corporate reports to an enterprise of users. Actuate's customers include the largest financial services, telecommunications, health care and media companies. Software partners reselling Actuate solutions include PeopleSoft, Clarify, Vantive, Progress Software, Forte Software, Portal, Luminate, Buzzeo and Actra. Founded in 1993, and headquartered in San Mateo, Calif., Actuate is a privately held corporation Noun 1. privately held corporation - a corporation owned by a few people; shares have no public market close corporation, closed corporation, private corporation with financing from Accel Partners, Mohr, Davidow Ventures, Sequoia Capital and Technology Crossover Ventures. For more information on Actuate, visit the company's Web site at http://www.actuate.com . -0- Note to Editors: Actuate is a registered trademark of Actuate Software Corp. ReportCast, Web Agent, Live Report Documents, Virtual Report Distribution and Live Report Extensions are trademarks of Actuate Software Corp. All other products referenced are trademarks of their respective companies. (C) Copyright 1997, Actuate Software Corp. CONTACT: Actuate Software Corp. Al Campa, 415/287-2342 acampa@actuate.com http://www.actuate.com or Samluk Communications Inc. Donna Samluk or Molly Heekin, 510/736-8166 dsamluk@samluk.com mheekin@samluk.com |
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