Lancet Announces Lancet Web Framework Version 4.0; Uses Microstrategy Web Technology To Develop Internet-Deployed Intelligent E-Business Systems

Lancet Software Development, Inc., announced at MicroStrategy World the release of Lancet Web Framework Version 4.0, which will be available in November. Lancet's collaboration with MicroStrategy Incorporated, a worldwide provider of Intelligent E-Business software, provides customers across a broad range of industries with an end-to-end data warehousing solution that capitalizes on the low cost of Internet deployment.

Lancet has combined its Web expertise and object library with MicroStrategy Web in a unique Web framework for building Internet-deployed business intelligence solutions. MicroStrategy Web, an interactive analysis tool that enables users to query a database directly, serves as the analytical foundation for the Lancet Web Framework while Lancet components provide additional customization features commonly requested by customers. These features include advanced report navigation, ad-hoc query capabilities, customized security (i.e. user access tracking and security groups by user, individual reports, and MicroStrategy Web features), dynamic interface customization, support for multiple servers, and context sensitive help.

The Lancet Web Framework dramatically reduces the effort and cost typically associated with building sophisticated and fully-customized data warehousing projects. Rather than developing custom Intelligent E-Business applications from the ground up, customers can deploy a customized web on Lancet's pre-built components. MicroStrategy Web provides an exceptionally affordable way to mass-deploy business intelligence functionality over the Internet that rivals a traditional desktop environment in its analytical richness. Furthermore, the ability to tap into the data warehouse through a desktop web browser minimizes installation and maintenance costs and increases enterprise-wide scalability, enabling businesses to extend data warehouse access to more employees.

Version 4.0 of the Lancet Web Framework introduces significant new functionality, including:

• A new, optional, ad-hoc report builder
• Improved site maintenance and site configuration options
• A custom-URL node type that allows URL's to be dynamically created using parameters stored at the user, user-group, and organization level
• Synchronization tools to maintain consistency between LWF and DSS metadata
• Enhanced control over user's ability to surf and drill on reports
• Ability to store and execute SQL statements that bypass the SQL engine

"Our partnership with MicroStrategy enables us to deliver an unprecedented Web platform for providing full ROLAP functionality via the Internet, with low software distribution and management costs," said Thomas Niccum, president of Lancet Software Development, Inc.. "By using the Web as a medium for analyzing and building reports, businesses save thousands of dollars that would have gone toward installing costly network connections."

"Lancet and MicroStrategy fully recognize the value of the Internet in today's business environment," said Sanju K. Bansal, Chief Operating Officer at MicroStrategy. "By integrating MicroStrategy Web in the Lancet Web Framework, Lancet is leveraging the ubiquity of the Internet to offer clients a cost-effective and functionally rich medium for conducting sophisticated business analyses."

For more information about Lancet, its clients or services, visit Lancet's Web site at http://www.lancet-software.com or call 651-688-2228.