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Cartesis unites with IBM to strengthen solutions suite

PRESS RELEASE

Cartesis has signed an OEM deal with IBM to incorporate the company's DB2 database management system into its Business Performance Management (BPM) offering.

The database will be integrated with Cartesis Magnitude, providing a strong technology platform for the company's financial analytic product suite, which enables CFOs to deliver the story behind the numbers. The alliance will also provide Cartesis with access to IBM's extensive testing and benchmarking resources, allowing it to deliver industry-recognized best practices to clients.

Cartesis' customers will benefit from a greater choice of platforms, as well as dedicated, expert support for the IBM environment. The alliance will also help the BPM/CPM specialist to strengthen their foothold further among leading multinational companies.

"The IBM DB2 environment is considered a real industry standard, especially amongst large organizations, so we're pleased to add it to our solutions portfolio," said Robert V. Fitzgerald, President of Cartesis, Inc. "IBM is also a truly global organization that will assist Cartesis to further extend our global reach."

About Cartesis
Cartesis provides CFOs with a unique business performance management solution to deliver the whole 'story behind the numbers' with unparalleled clarity and insight. Leading multinational companies around the globe rely on Cartesis software applications to get the full picture and offer timely and relevant information to their stakeholders. The company maintains offices in Brussels, Frankfurt, London, Madrid, Norwalk, CT, Paris, Tokyo and Utrecht. Cartesis products give global companies the analytic capacity and the flexibility they need to assess the rapid changes in their market places. One in five of the Fortune Global 100 and more than 30% of the Financial Times European 100 use Cartesis solutions to obtain unprecedented command over their financial information and processes.

For more information about Cartesis, please visit our Web site at www.cartesis.com.


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