"TABS is a sophisticated full featured operating and capital budgeting system, purchasing interface, business intelligence and work flow tool for senior executives to plan, track and adjust expenses, providing instantaneous information to make decisions crucial to the success of their business."
Media Contacts:
Jessica Faltot Charlotte Locke
KnowledgeLab Software, Inc. Applix
(972) 788-1541 (508) 870- 0300 x224
jfaltot@knowledgelabsoftware.com clocke@applix.comKnowledgeLab Software Partners with Applix
DALLAS, TX, February 9, 2004 - KnowledgeLab Software, Inc. a leading provider of enterprise business planning, forecasting and budgeting solutions, today announced it has signed a national solutions partnership agreement with Applix, Inc. The agreement provides for joint marketing of KnowledgeLab's tracking analysis and budgeting system (TABS) and Applix's TM1 business intelligence and performance management software.
" We are very excited to have Applix as a business partner," said Jessica Faltot, Vice President of Sales, KnowledgeLab Software. "Applix's business intelligence solutions and global presence is a perfect compliment to provide a complete solution to our customers that can be quickly implemented maximizing ROI."
“KnowledgeLab Software brings to our customers the subject matter knowledge to enhance the analytics and business performance capabilities of TM1,” said Larry Piccioli, Vice President, Business Development, Applix. “Customers will benefit from rapid assessment of requirements and formulation of solutions with TABS and TM1 for one version of the truth and cost-effective delivery of results.”
The combination of TABS planning, forecasting and budgeting database and Applix's TM1 business intelligence capabilities allow corporations to instantaneously track budgets to purchasing to historical data. The result is the ability to report and analyze core business information in real time to effectively make business decisions. Additionally, compliance with new reporting regulations is enhanced with complete audit trail and archiving of data. The joint marketing agreement will strengthen both Companies national sales and marketing presence to deliver significant value to corporate America.
About KnowledgeLab Software
KnowledgeLab Software, headquartered in Plano, Texas, is an independent software development company, marketing our premier product TABS (Tracking, Analysis and Budgeting System) to U.S. companies with over 500 employees. TABS is a sophisticated full featured operating and capital budgeting system, purchasing interface, business intelligence and work flow tool for senior executives to plan, track and adjust expenses, providing instantaneous information to make decisions crucial to the success of their business. We combine best of breed products and services with extensive management experience to become the leader in budget and planning software. For more information on KnowledgeLab Software, visit us on the web at www.knowledgelabsoftware.comAbout Applix
Applix (Nasdaq: APLX) is a global provider of Business Intelligence and Business Performance Management solutions. These solutions enable the continuous management and monitoring of performance across the financial, operational, customer and organization functions within the enterprise. More than 1.700 customers worldwide use Applix's adaptable, scalable and real-time solutions, delivered by Applix and a global network of partners, to manage their business performance and respond to the marketplace in real-time. Headquartered in Westborough, MA, Applix maintains offices in four countries in Europe, North America and the Pacific Rim. For more information about Applix, please visit www.applix.com.Forward-looking statements contained in this news release involve risks and uncertainties and are only estimates that could differ materially from actual results. Risks and uncertainties that could affect forward-looking statements include, but not limited to, competitive pressures, poor economic conditions, customer spending, litigation, long sales cycles and other business risks. The forward-looking statements reflect the views of the Company on the date of this news release. Future events, risks and uncertainties may change Company's views.
