Platinum Software offers data warehousing technology through a partnership with Sinper Corp.; online analytical processing now available in Platinum SQL Enterprise

Business Wire, April 27, 1995

IRVINE, Calif.--(BUSINESS WIRE)--April 27, 1995--Platinum Software Corp. (NASDAQ:PSQL), the financial software company, Thursday announced a technology partnership with Sinper Corp., a leading provider of online analytical processing (OLAP) software.

Through the agreement, Platinum will incorporate the Sinper TM/1 multidimensional database management system, a key component of any data warehousing strategy, into the company's SQL Enterprise financial application product line.

"Multidimensional database systems provide strong online analytic processing capabilities. These systems complement the power of relational databases that are geared towards online transaction processing. By combining these two database technologies into our SQL Enterprise product line, we are providing our customers with powerful tools to gain access to strategic information," said David Proctor, president and chief operating officer of Platinum Software.

With TM/1, Platinum will offer its customers advanced financial analysis capabilities. TM/1 provides businesses with a subject-oriented view of the information needed for reporting, analysis, consolidation, budgeting or planning. It provides access to large amounts of data for decision support tasks from the desktop without degrading server performance.

TM/1 has evolved to become one of the most powerful online analytical processing products in the marketplace.

"Both Platinum Software and Sinper Corp. have leading products in our respective fields," said Manny Perez, president of Sinper. "We are delighted to join Platinum Software in this `best of breed' partnership."

TM/1 consists of a multidimensional database management system server and a spreadsheet (Excel, Lotus 123) integrated client. It features functionality that turns a worksheet into a window on the entire multidimensional database. It gives users the flexibility of a spreadsheet coupled with the security of a database. TM/1 is available immediately from Platinum for installation with Platinum SQL Enterprise.

Founded in 1984, Platinum Software develops and markets leading client/server financial software products for corporations worldwide. The company's products enable organizations to scale their technology investments to meet the changing needs of their business environments. Platinum has headquarters in Irvine.

Sinper is a leading supplier of client/server multidimensional OLAP software. The firm's TM/1 product is installed on more than 10,000 client/server workstations worldwide in both Global 100 and medium-sized companies.

Used in decision support systems for data warehousing, TM/1 is unique in its design to accommodate instant consolidation for interactive applications, such as budgeting, forecasting and "what if" financial planning and analysis. Sinper is located in Warren, N.J. -0-

NOTE: Platinum is a registered trademark of Platinum Software Corp. All other company and product names mentioned in this document are trademarks of the respective companies with which they are associated and are acknowledged.

CONTACT: Platinum Software Corp., Irvine

Geri Schanz, 714/453-4000, ext. 4578