QueryObject Systems Corporation and Business Objects Announce Technology Alliance; Knowledge discovery data mart to integrate with leading enterprise decision support tools.UNIONDALE, N.Y.--(BUSINESS WIRE)--May 13, 1998--QueryObject Systems Corporation (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 :CRSZ), a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of CrossZ Software Corporation, today announced an alliance with Business Objects, the world's leading provider of integrated enterprise decision support tools. As a Business Objects Technology Alliance Partner, QueryObject data marts will serve as content-rich information sources for the Business Objects product line, including BusinessObjects(TM), BusinessQuery(R), BusinessMiner(TM) and WebIntelligence(TM) analytical tools. "We are pleased to be partnering with QueryObject Systems," said Peter Buscemi vice president of Americas marketing at Business Objects. "Our partnership will allow our mutual customers to rapidly build data marts optimized for fast access and analysis. This is especially important in data-intensive industries such as telecommunications, utilities, 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. and retail." "QueryObjects represent high information volumes in data marts with a foot print small enough to deploy on a laptop PC," adds Robert Thompson Robert Thompson may refer to:
About Business Objects Business Objects is the world's leading provider of integrated enterprise decision support tools. Business Objects products provide non-technical business users with access to information stored in data warehouses, data marts and packaged business applications. Business Objects provides a complete suite of decision support tools including query, reporting, online analytical processing Online Analytical Processing, or OLAP (IPA: /ˈoʊlæp/), is an approach to quickly provide answers to analytical queries that are multidimensional in nature. , data mining and DSS (1) (Digital Signature Standard) A National Security Administration standard for authenticating an electronic message. See RSA and digital signature. (2) (Digital Satellite S administration for both client/server and internet environments. Business Objects has sold more than 780,000 licenses to over 6,200 organizations in more than 60 countries worldwide. Business Objects may be reached by phone at 408-953-6000 or on the worldwide web at http://www.businessobjects.com. The company's stock is publicly traded under the ticker symbol Ticker Symbol An arrangement of characters (usually letters) representing a particular security listed on an exchange or otherwise traded publicly. When a company issues securities to the public marketplace, it selects an available ticker symbol for its securities which investors NASDAQ:BOBJY. About the QueryObject System The QueryObject System is an analytical data mart that has a unique approach to representing data through complex polynomial polynomial, mathematical expression which is a finite sum, each term being a constant times a product of one or more variables raised to powers. With only one variable the general form of a polynomial is a0xn+a equations. The System provides efficient and responsive access to high data volumes with a small data mart footprint. The System also breaks down the limits of traditional data marts by supporting large numbers of concurrent users in client-centric, client-server or Internet environments. The polymorphic polymorphic - polymorphism nature of the QueryObject schema supports interaction with most industry-standard analytical techniques including spreadsheets, ad hoc queries, multi-dimensional analysis and data mining. QueryObject System optimizes business intelligence productivity by rapidly building and distributing specialized, high-performance analytical data marts that can be queried through an ODBC (Open DataBase Connectivity) A database programming interface from Microsoft that provides a common language for Windows applications to access databases on a network. and OLE/DB interface. The QueryObject System engine runs on MVS (Multiple Virtual Storage) Introduced in 1974, the primary operating system used with IBM mainframes (the others are VM and DOS/VSE). MVS is a batch processing-oriented operating system that manages large amounts of memory and disk space. , UNIX UNIX Operating system for digital computers, developed by Ken Thompson of Bell Laboratories in 1969. It was initially designed for a single user (the name was a pun on the earlier operating system Multics). and NT servers. QueryObject data marts can be deployed on Unix or NT servers, or Windows clients. QueryObject Systems Corporation is a wholly owned subsidiary of CrossZ Software Corporation, a publicly held company headquartered in Uniondale, New York Uniondale is a hamlet (and census-designated place) as well as a suburb of New York City in Nassau County, New York, United States, on Long Island, in the Town of Hempstead. The population was 23,011 at the 2000 census. , USA and with European Headquarters in the United Kingdom. For more information about QueryObject System Corporation and its technologies, visit the Web site at http://www.queryobject.com. -0- CrossZ and QueryObject are trademarks of CrossZ Software Corporation. BusinessObjects, BusinessQuery, BusinessMiner, and WebIntelligence are trademarks, or registered trademarks, of Business Objects SA. All other trademarks and registered trademarks referenced in this document are the property of their respective holders. This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, which are intended to be covered by the safe harbors created hereby. Investors are cautioned that all forward-looking statements involve risks and uncertainty, including without limitation, the Company's development as a software products company, and the ability of certain partnerships to aid in that growth; the capability of the company's products to perform as optimized analytical data marts; and the ability of the company's products to support the performance of other business intelligence tools. Although the Company believes that the assumptions underlying the forward-looking statements contained herein are reasonable, any of the assumptions could be inaccurate, and therefore, there can be no assurance that the forward-looking statements included in this press release will prove to be accurate. In light of the significant uncertainties inherent in the forward-looking states included herein, the inclusion of such information should not be regarded as a representation by the Company or any other person that the objectives and plans of the Company will be achieved. CONTACT: Harpell/Martins Mark Williams, 978-461-0202 x24 mwilliams@harpell.com or QueryObject Systems Corporation Robert Thompson, 516-228-8500 x149 rthompson@queryobject.com or Business Objects Tracy Eiler, 408-953-6031 teiler@businessobjects.com |
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