Decisioneering/Visualize to Develop Financial Services SW

Decisioneering Inc announced the formation of a strategic alliance with Visualize Inc to jointly develop risk-analysis software specifically for the financial services industry. The new product will combine Decisioneering's Open Crystal Ball risk-analysis software and Visualize's Java-based visual interactive data analysis tools to enhance corporate decision-making.

Open Crystal Ball provides risk analysis, forecasting and optimization services for the Java platform, and is readily integrated into Web and client server analytic applications. Open Crystal Ball customers in financial services, energy, manufacturing and other capital intensive industries rely on these services to make better decisions under uncertain conditions. Visualize's world class software products, DataVista Pro and VantagePoint, provide major corporations and their customers, conducting business via the Internet, with the ability to make timely decisions through visual representations of complex data sets.

Financial services companies with consumer-oriented Web sites in particular will benefit from this joint product development effort because visitors to their sites can perform and display sophisticated investment analyses during their on-line sessions.

Charles Von Thun, CEO of Decisioneering, said of the agreement, "Decisioneering's strength in developing back-office components to provide high-level analytic tools will be complemented with Visualize's ability to render complex information in a readily understandable graphic format. This will make decision analysis tools more accessible to users."

Brad Edwards, CEO of Visualize, added, "Decisioneering has simplified the manipulation and analysis of risk scenarios, and our Java-based tools and solutions will improve the presentation and assessment of those data."

Founded in 1986, Denver-based Decisioneering Inc. provides software tools that simplify risk analysis and improve decision-making, including the industry-leading risk analysis package, Crystal Ball 2000. For further information about the company call 800-289-2550 or visit the company's Web site, www.decisioneering.com.

Founded in 1996, Phoenix-based Visualize Inc designs, develops, and delivers high-end data-visualization software for enterprise level, Internet-based services through a suite of 100% Java products. For more information, call 602-861-0999 or visit the company's Web site at www.visualizeinc.com.

Contact David Fredericks, Decisioneering Inc, 800-289-2550, dfredericks@decisioneering.com or Gary M. Manton, Visualize Inc, 602-861-0999, gman@visualizeinc.com.