Business Services Industry

Teaming to provide end-to-end data warehouse and advanced DSS solutions; SAS Institute Announces Alliance With Price Waterhouse LLP

Business Wire, June 11, 1996

SANTA CLARA, Ca.--(BUSINESS WIRE)--June 11, 1996--SAS Institute Inc. today announced a strategic alliance with Price Waterhouse LLP for implementing data warehouses and advanced decision support solutions. As a member of SAS Institute's Rapid Warehousing Program, Price Waterhouse will combine its world class consulting and systems integration services with the SAS product line. This new alliance offers common clients comprehensive and complete solutions for accessing, managing, organizing and exploiting corporate data assets to drive better, more informed decision making.

Under the agreement, Price Waterhouse will enhance its SAS software training and service delivery capabilities at its advanced Software Engineering Centers in Bethesda, Maryland; Rosemont, Illinois; Los Angeles; San Francisco; New York; Minneapolis; and Dallas. Price Waterhouse will also allocate resources to support implementation of SAS Institute's upcoming release of CFO Vision, a business solution for financial consolidation and reporting. SAS Institute will support Price Waterhouse's growing SAS Solutions services with advanced training and demonstration software.

The alliance is a natural extension of the long-standing relationship between Price Waterhouse and SAS Institute according to Wingate Swain, General Manager, Market Development at SAS Institute. "Over the years, Price Waterhouse and SAS Institute have worked together on a number of major projects for our mutual clients. Price Waterhouse has substantial expertise in developing SAS software solutions, and has built a team of more than 100 highly skilled professionals. Today, the volume of business has reached a critical mass that makes a more formal relationship desirable."

Glenn Galfond, Partner-In-Charge of Price Waterhouse's Management Analytics practice, said, "For over a decade, SAS software has been one of the important tools that we use to help our clients solve complex problems. The alliance helps us ensure that we will provide effective SAS solutions over the next decade as well. Since most Fortune 500 and multinational organizations already use SAS software, working together helps both organizations provide better service."

Now in its 20th anniversary year, SAS Institute is among the nation's top 10 independent software companies. The Institute credits much of its success to its substantial commitment to research and development. The company has traditionally led the industry in the percentage of revenue reinvested in R&D. In 1995, the Institute spent approximately 31 percent ($174.3 million) on research and development activities.

The SAS System, SAS Institute's flagship product is an integrated suite of information delivery software for business decision making. The SAS System was chosen 1996's "Product of the Year" in the category of data warehousing in a ballot distributed by DATAMATION magazine to its 200,000 readers. Currently, the SAS System is used at nearly 30,000 customer sites worldwide in business, industry, government, and education.

Price Waterhouse Management Consulting Services provides integrated global consulting with in-depth specialized expertise in selected industries and business processes. The two core service areas include Information Technology and Change Integration. The organization is part of Price Waterhouse LLP, a member of the worldwide network of Price Waterhouse firms with over 53,000 people in 450 offices in 119 countries and territories.

Price Waterhouse's World Wide Web address is http://www.pw.com/. SAS Institute's World Wide Web address is http://www.sas.com/.>SAS is a registered trademark and CFO Vision is a trademark of SAS Institute Inc., Cary, NC, USA. All other tradenames referenced are the trademarks or registered trademarks of their respective companies.

CONTACT: Sas Institute Inc., Cary

Beverly Brown or Pamela Meek, 919/677-8000

Price Waterhouse LLP

Jan Butler, 212/819-4838