On The Market:

DataWatch Introduces Multidimensional OLAP Data Analysis

Datawatch Corporation, a leading provider worldwide of business intelligence/enterprise reporting, data transformation and support center solutions, began shipping ES Cube, the newest Web enabled module for its Monarch|ES report management and business intelligence solution suite. ES Cube provides Monarch|ES users with world-class multidimensional On Line Analytical Processing (OLAP) data analysis, using any standard Java-enabled browser. Users now have the ability to quickly and easily view any existing report-based information in any combination of data dimensions and level of detail with no new programming or report writing.

Summary for ES CUBE:

• Transforms report-based information stored in the Monarch|ES enterprise information portal into web-enabled multidimensional OLAP data cubes
• Lets users view data dimensions in virtually any combination and drill up or down to any level of detail
• Provides users valuable new insights into business activity and new opportunities for profit and growth without new programming or report writing
• Offers ability to share relationship-enhancing OLAP data over the web safely and securely with external partners, vendors and suppliers
• Implements very quickly (two to three week average)
• Allows users of all skill levels to become productive immediately
• Requires virtually no IT administration

"Virtually all of the information most users need to do their jobs more efficiently resides in their company's reports," said Calvin Mackay, senior vice president of Enterprise Products for Datawatch. "They just need better access to it in a more usable format. Monarch|ES solves this problem by providing organizations with web-based report distribution that transforms existing report and database information into live online data. Now with the addition of ES Cube, users with advanced analytical needs can quickly and easily view that data in any combination of data dimensions, any level of detail, in a wide variety of graphical views to gain new insight into key business activities. Best of all, there's no new programming, new report writing or data warehouse construction necessary. Monarch|ES and ES Cube return an immediate and large ROI by simply unlocking the huge investment and tremendous store of knowledge in a company's existing reports."

Block Distributing, a Texas-based distributor of fine wines and spirits, recently added ES Cube to its existing Monarch|ES system. "We are already using Monarch|ES to distribute reports and data internally across our multiple company divisions through our intranet," said Brenda Weeks, web coordinator at Block Distributing. "With the addition of ES Cube, we can now securely provide each of our suppliers direct access to their own reports, plus the ability to view and analyze the data in whatever format they prefer, all through their Web browsers. We didn't have to change any internal processes to implement ES Cube. We simply defined a simple "cube profile" that automatically renders each report type into an OLAP cube on user demand. Users just click a button, and the cube is there. It's as simple as that.

"ES Cube will deliver a huge upgrade to our supply chain management as we have hundreds of suppliers who all want to track their own product sales in many different ways," Weeks added. "With ES Cube, our suppliers can track their sales online anytime, and we no longer have to second-guess how they want to view their information."

About ES Cube

ES Cube is an optional module that offers Monarch|ES users world-class multidimensional OLAP (On Line Analytical Processing) data analysis, using any standard Java-enabled browser. With ES Cube, users get a higher level of multidimensional business intelligence with no need for SQL programming or data warehousing. Designed for all levels of users, ES Cube allows users to easily drag-and-drop data dimensions, and automatically view relationships between different combinations of data dimensions. Users can view the data in a wide variety of charts and graphs. An integrated PDF facility is provided for ease of printing, while views can be exported to other applications, such as MS Word. ES Cube fully leverages and supports Monarch|ES's robust security features, such as limiting user access to reports and data based on specific content, and utilizing standard HTTP communications so the corporate firewall is not compromised. Not only does this ensure sensitive, confidential data remains in the right hands within the organization, but allows organizations to offer safe, secure access to OLAP data to external partners, suppliers and customers.

About Monarch|ES

Monarch|ES allows organizations to easily archive and deliver reports and business intelligence derived from existing reporting systems and databases through any standard browser with no new programming or report writing. Monarch|ES provides a unified point of entry and universal access for users to securely view, analyze and share current and historical report information over the Internet from any and all systems running in an organization. Average implementation time is less than two weeks.

About Datawatch Corporation

Datawatch Corporation is a leading provider of business intelligence, enterprise reporting, data transformation and support center solutions that enable organizations to increase productivity, reduce costs and gain competitive advantage. Datawatch products are used in more than 20,000 companies, institutions and government agencies worldwide. Datawatch is best known for its desktop report mining application Monarch, which is used by more than 350,000 professionals worldwide. Monarch technology is the de-facto standard for extracting data from report files. Datawatch has partnerships with a variety of key technology venders including Microsoft and Software AG. The company maintains offices throughout the US, Europe and Australia. For more information, visit us at www.datawatch.com.

Contact Datawatch, Cheryl Delgreco, 617-723-4004, delgreco@shore.net.

First BI Warehouse for Services Organizations

Novient Inc, a premier software provider of Internet-based Service Process Optimization (SPO) solutions for the service economy, now makes it easier for global organizations to analyze service business data and make informed adjustments to accelerate business results. Novient unveiled the most flexible and robust enterprise analytical solution in the industry, Novient's Business Intelligence Warehouse (BIW).

The Novient BIW is a customizable data warehouse that enables decision-makers to pinpoint service operation performance projections, track key performance indicators, and weigh forecasts versus actuals. Novient's core offering, Novient eServices, enables an organization to gain visibility into future service projects, optimally match available people and skills to project requirements, and automate the service delivery process.

Developed in partnership with Accenture, the Novient BIW translates the complex data collected within Novient eServices into functional knowledge. Novient BIW can be applied across a global enterprise to enable the creation of unlimited customized reports and analytics. In addition, the data warehouse structure of Novient's BIW enables optimal application performance as it frees the transactional database from the reporting workload.

"Novient continues to lead the SPO industry in reporting and business analytics," said David Keil, executive vice president of Strategy and Business Development, Novient. "Our product development efforts remain focused on enabling our customers to achieve the highest ROI on our solution, and there is no better way to achieve this than by allowing business managers to more effectively track business goals."

Novient's SPO solution is an enterprise-wide application that optimizes the business processes of service organizations and enables collaboration throughout an organization's entire virtual service community. SPO, formerly known as professional services automation (PSA), is described by Gartner Dataquest as software designed to track and allocate the major resources of services companies; namely people, intellectual capital, and time, to their output.

Next month, Novient is hosting INSIGHT 2001, the 2nd Annual Novient User Conference, designed to promote discussion of today's changing services economy, and address issues at the heart of large, global service organizations. INSIGHT 2001 brings together the industry's largest and most complex customer base and features speakers from AberdeenGroup, the Disney Institute, and Novient customers and partners. INSIGHT 2001 will be held at the Disney Yacht and Beach Club Resort in Orlando, FL, September 12 - 14, 2001. For details or to register, visit www.novient.com/insight.

About Novient Inc

Novient Inc is the premier software provider of Internet-based service process optimization solutions for the service economy. Novient enables an organization to gain visibility into current and future service projects, optimally match available people and skills to project requirements, and automate the service delivery process. Through enhanced workforce design, scheduling, and management, Novient's customers maximize project revenue, minimize labor cost, improve employee retention, and increase customer satisfaction.

Novient's solution is licensed to over 140,000 users in 48 countries. The company's global customers include Accenture, American Electric Power, Compaq, Computer Sciences Corporation, DuPont, Mellon Financial, Nortel Networks, SAP, and Siemens. For more information, please visit www.novient.com or call 1-866-494-7352.

Contact Novient Inc, Sarah Molinari, 404-720-3600 x3896, smolinari@novient.com.

X-MINE Launches X-Miner 1.0 Computational Platform

X-MINE Inc introduced X-Miner 1.0, the company's leading computational platform for genomic data mining. X-Miner 1.0 constitutes major advances in data computation and pattern recognition. X-Miner 1.0 combines leading approaches from modern statistics, pattern recognition, and hi-performance parallel computing into a seamlessly integrated platform for genomics and proteomics.

"X-Miner 1.0 represents a big leap forward in the speed, precision, and expertise needed to unlock value from genomic data," said Sandip Ray, president and CEO of X-MINE. "X-Mine tools are applicable to a broad range of biological queries including disease mechanism, target function, prediction of drug mechanism of action, biological efficacy, small molecule screen analysis, clinical profiling, and predictive toxicology. And they are in principal customizable for data emerging from mass spec, protein chips and SNPs."

X-MINER 1.0, is the first computational platform to provide the most expansive suite of hi-performance molecular pattern recognition software applications focused on supervised prediction and discovery for gene expression. Supervised tools are unique in their ability to predict outcomes with the support of a supervising vector that is derived from gene, tissue, survival time, drug, or other pre-existing information.

Founded by leaders in the field of genomics from MIT/ Whitehead Institute and Stanford University, X-Mine is a genomic knowledge discovery company. X-Mine offers products and partnerships in molecular pattern recognition, information refinement, and knowledge expertise for predictive medicine and diagnostics. X-Mine products and partnerships address the single largest cost issue in drug discovery and development, namely, validation of product candidates early in the development process, enabling researchers to devote valuable time and resources for development of products most likely to impart real benefit for disease, in a reduced timeframe. For more information about X-Mine please visit www.x-mine.com.

Contact X-MINE Inc, Nor Yassin, 650-829-2600, pr@x-mine.com.