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Alleon And Applix Offer Flexible, Scalable Internet-Based Planning --iPlanning-- SolutionsCombined Solutions Deliver Increased Operational Efficiency Through Continuously Optimized Financial And Resource Planning to Government And Large Commercial Clients WESTBORO, Mass.-Oct. 31, 2000-- Applix, Inc. (NASDAQ:APLX - news), a global provider of e-Business solutions, announced today that Alleon, a financial information management company, will offer integration and consulting services for Applix's Internet-based real-time, multi-dimensional business planning (iPlanning) solution based on the industry-leading iTM1 technology for On-line Analytical Processing (OLAP). The combined solution will be offered to government and large commercial clients throughout North America and will deliver on the promise of increased profitability through continuously optimized financial and resource planning.Alleon specializes in helping large corporations and government agencies plan and manage flexible business models in response to dramatic change. The Internet Economy has dramatically affected the timing and scope of financial and resource planning. Alleon selected Applix's technology to meet customer and market demands for rapid consolidation and analysis of core financial, resource, and customer information for use in strategic planning and budgeting processes. ``Applix iTM1 OLAP technology for iPlanning enables Alleon to provide both large corporate and government customers with comprehensive solutions that can be quickly deployed with minimal impact on their users,'' said Peggy Metzger, Alleon general manager. ``The scalability, flexibility, real-time analysis, and rapid deployment offered by the iPlanning Solution were core to the reason that Alleon chose Applix.'' Ms. Metzger concludes, ``No single company can easily provide a complete, integrated solution to large commercial and government enterprises. The powerful combination of iTM1 technology from Applix and proven consulting and implementation skills from Alleon provides the best of both worlds and a team that is unbeatable in the marketplace.'' The agreement with Applix allows Alleon to provide a complete solution that includes application development; consulting and systems integration services to organizations that need the ability to constantly improve the management of their complex financial and operational processes. As a result, customers using the Applix/Alleon solution will have immediate access to large volumes of information about customers and financial performance that will in turn allow companies to dramatically shorten budgeting and planning cycles, increase profitability, and optimize customer service. ``Alleon is a strong, well-funded and reputable leader helping government and large commercial clients deal with the accelerating rate of change in financial planning and resource allocation brought on by the Internet Economy,'' said Alan Goldsworthy, Applix's president and CEO. ``Alleon's Systems Integration expertise and significant client base will extend Applix's leadership in Demand Chain Management to government and large corporations that have traditionally been rooted in ''brick & mortar.`` Goldsworthy concludes, ''Together we will help move our combined customers boldly forward into the new Economy.`` Applix iTM1 is the premier OLAP technology for Internet-based planning (iPlanning) and the leading multi-dimensional database for highly complex business and financial analytical applications. More than 3,300 global customers, including more than half of the Fortune 500 and 72 percent of the Fortune 50, rely on the power of Applix iPlanning solutions to give them the winning edge. About Applix, Inc. Applix, Inc. (NASDAQ:APLX - news), headquartered in Westboro, MA, is a global provider of e-Business solutions including Internet-based customer relationship management, customer analytics and planning software, and interactive customer communities. As a single source of integrated solutions, Applix enables multi-national and multi-divisional e-Businesses to capture information from every corner of their extended enterprise - internal and external customers, partners and suppliers - to analyze, plan, measure and respond to changing customer requirements and business dynamics, all in real-time. With an innovative approach of combining its core solutions, iEnterprise (iCRM) and iTM1 (iPlanning), Applix aims to be the global leader of Demand Chain Management, providing the measurement and management of customer demand to drive profitable decision-making across the enterprise. Applix maintains offices in eight countries and has over 4,000 customers worldwide. For more information on Applix, please visit http://www.applix.com About Alleon/GMSI Alleon was founded in 1998 as a division of Global Management Systems, Inc. GMSI is a network systems management and net-based enterprise application firm providing service to the Department of Defense, civilian agencies and the private sector. Alleon provides Financial Information Management Solutions to large corporations and government agencies. Customers include Lucent Technologies, Sony, Lockheed-Martin, JP Morgan, and The United States Army. Alleon provides information solutions for financial managers who require access and analysis of information in core Accounting and ERP systems. Functional areas include Budgeting, Planning and Forecasting; Consolidation; Financial Reports; and Financial Data Warehouses. For more information about Alleon, go to www.alleon.com or call 301-214-8146. Notes to Investors This press release contains certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, which involve a number of risks and uncertainties that could cause actual results to differ materially. Specifically, comments related to the demand for, revenue from and acceptance of the Company's products and the Company's position in the markets, may be considered forward-looking and subject to a number of risks and uncertainties, including but not limited to: the rate of growth in market demand for the products; the acceptance of the Company's products; intense competitive conditions; rapid technological change; frequent new product introductions and evolving domestic and international standards, which may render existing products and services obsolete. Refer to the Company's Form 10-K for the year ended December 31, 1999 for a list of factors as discussed under ``Risk Factors''. Applix does not undertake - and specifically declines any obligation - to publicly release the result of any revision which may be made to any forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of anticipated or unanticipated events. Editorial Contact: Edward Terino Applix 508-870-0300 Ext. 396 eterino@applix.com top of page |
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