OppenheimerFunds Selects AlphaBlox Analysis Suite for Portfolio Analysis.Business Editors/High-Tech Writers MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--April 25, 2000 Applications Will Enable Managers to Deliver Improved Service to Investors AlphaBlox Corporation, provider of the only Web-based platform for eBusiness analysis applications, today announced that OppenheimerFunds, one of the largest and most respected investment managers in the mutual fund business, has selected AlphaBlox Analysis Suite. OppenheimerFunds will use Analysis Suite to deliver portfolio analysis applications that will enable portfolio managers to more precisely analyze their funds' holdings and performance. Avram Kornberg Korn·berg , Arthur Born 1918. American biochemist. He shared a 1959 Nobel Prize for work on the biological synthesis of nucleic acids. , Chief Technology Officer at OppenheimerFunds, commented, "With Analysis Suite, we can deliver customized applications that specifically address the needs of our portfolio managers. At the same time, Analysis Suite enables us to leverage our existing information infrastructure for more robust analytical analytical, analytic pertaining to or emanating from analysis. analytical control control of confounding by analysis of the results of a trial or test. solutions." OppenheimerFunds plans to roll out a number of customized portfolio analysis applications, which will enable their portfolio managers to track their portfolio's investment allocations and individual holdings. Portfolio managers will interact with the applications via an easy to use, Web-based interface and will benefit from the ability to define personalized per·son·al·ize tr.v. per·son·al·ized, per·son·al·iz·ing, per·son·al·iz·es 1. To take (a general remark or characterization) in a personal manner. 2. To attribute human or personal qualities to; personify. views that can be shared with their colleagues. These personalized and collaborative analytical applications will enable portfolio managers to quickly identify and respond to marketplace changes. "Because Analysis Suite is 100% Web-based, it gives us broad deployment capabilities that other solutions can't readily provide," Kornberg said. "And unlike a one-size-fits-all query tool, Analysis Suite's customization and personalization Custom tailoring information to the individual. On the Web, personalization means returning a page that has been customized for the user, taking into consideration that person's habits and preferences. capabilities enable our portfolio managers to quickly make investment decisions by creating profiles that reflect each portfolio manager's unique needs." "We are very pleased to have OppenheimerFunds as a customer. They are an example of a visionary 1. visionary - One who hacks vision, in the sense of an Artificial Intelligence researcher working on the problem of getting computers to "see" things using TV cameras. (There isn't any problem in sending information from a TV camera to a computer. organization that is leveraging the Web to better manage their business," said Polly Polly Biotechnology A Poll Dorset sheep cloned from sheep skin cells, which has a human gene in each cell. See Dolly. Sumner, president and COO (Cell Of Origin) See mobile positioning. of AlphaBlox. "Our solution will enable their portfolio managers to leverage their analytics, and we are confident that Analysis Suite will help them to improve business processes in other areas of their business." About OppenheimerFunds Founded in 1960, OppenheimerFunds is one of the largest and best-known mutual fund companies in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. . As of 12/31/99, the company, including subsidiaries and affiliates, managed assets of more than $120 billion, held in more than 5 million shareholder accounts. For more complete information or to obtain a prospectus, please contact OppenheimerFunds Distributor, Inc., Two World Trade Center, New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of , NY 10048 or call them at 800-525-7048. Please read it carefully before you invest or send money. OppenheimerFunds are distributed by OppenheimerFunds Distributor Inc., Two World Trade Center, New York, NY 10048. About AlphaBlox AlphaBlox Corporation provides the industry's only 100% Web-based platform for delivering analytical applications that optimize optimize - optimisation eBusiness efficiency. With AlphaBlox, companies can share and analyze information with customers, partners, and suppliers to build eBusiness communities, foster more profitable eBusiness relationships, and improve business performance. Leveraging AlphaBlox's unique "building Blox(TM)" approach customers and partners can quickly assemble and deploy a variety of customized analytical applications for measuring and improving eBusiness operations, financial performance, customer/product profitability, distribution channels, and the supply chain. Leading organizations such as Deutsche Bank Deutsche Bank AG (IPA: /'dɔɪ.tʃə/[1]) (ISIN: DE0005140008, NYSE: DB) (English: German Bank Securities, AT&T, Pfizer Pharmaceuticals, Hewlett Packard, Toyota Motor Company, and ChannelPoint rely on AlphaBlox solutions to turn their information assets into strategic advantage. Additional information on AlphaBlox Corporation and its products can be obtained by calling 888/256-9669 or via the company's web site at www.alphablox.com. AlphaBlox is a trademark of AlphaBlox Corporation. All other trademarks are property of their respective owners. |
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