Applix TM1 Delivers First Commercially Available OLE DB Compliant OLAP Engine

Business Wire, July 20, 1998

WESTBORO, Mass.--(BUSINESS WIRE)--July 20, 1998--

Applix TM1 Server 7.0 for OLE DB for OLAP Enables Enterprises to Make Real-Time Mission-Critical Financial Decisions

Applix, Inc. (NASDAQ:APLX), the leader in real-time online analytical processing (OLAP), today announced the availability of Applix TM1 Server 7.0 for OLE DB for OLAP, the only open, real-time OLAP engine for financial decision support across the enterprise. TM1 Server 7.0 for OLE DB implements Microsoft's OLE DB Application Program Interface's (API) core query functionality. Microsoft's API implemented directly into Applix TM1 enables customers to choose from numerous query and analytical tools as well as multidimensional browsers.

With Applix TM1 Server 7.0, customers can have immediate access to the most current enterprise data with a front-end reporting tool most familiar for the end-user, providing companies with an OLAP solution that gives the fastest and most informed business decisions possible.

"Applix TM1 Server 7.0 for OLE DB allows users of varying skill levels to access multiple sources of data with a front-end tool that is easy and familiar to them," says Alan Hwang, senior financial analyst at Hewlett-Packard Company. "Applix TM1 gives HP a powerful OLAP tool that allows our global team to consolidate information from numerous sources, greatly reducing our time and effort in retrieving and reconciling data."

Microsoft understands the benefits of Applix TM1 Server 7.0 as well. "We congratulate Applix TM1 on creating an OLE DB compliant engine, broadening the availability of interoperable OLAP solutions," said Steve Murchie, Microsoft product manager. "Applix TM1 Server 7.0 for OLE DB for OLAP will help empower end-users with many more choices in their OLAP capabilities."

Applix TM1 Server 7.0: Instant Analysis Anywhere in the Enterprise

Building on Applix TM1's unique RAM-based OLAP model, TM1 Server 7.0 for OLE DB extends Applix's lead in financial OLAP performance and scalability for profitability analysis, risk management, performance measurement, interactive budgeting, activity-based costing, and/or productivity analysis with:

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--   Multi-threading functionality--enables multitasking capabilities
     with synchronized data;

--   Symmetrical Multiprocessing (SMP)--provides limitless scalability
     and better throughput;

--   Multi-user, read/write capabilities--enables instantaneous
     results to changes made anywhere in the OLAP model, by any user;

--   Two-way replication of cubes, dimensions and rules--enables
     interactivity and real-time enterprise and workgroup
     collaboration;

--   User/Group Security--which can be controlled on all objects down
     to the cube level;

--   Persistent Data--allows for optional storage of cubes as tables
     within relational databases.

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"For a company to stay ahead of its competition, it must be able to make immediate decisions to ever-changing business situations," said Susan Stevenson, vice president for Applix TM1. "This requires the fastest possible response to enterprise-wide, budgeting, forecasting and management reporting queries. Only Applix TM1 handles complex, highly dimensional time-critical business models with instantaneous calculations on-the-fly. Now, Applix TM1's OLE DB compliance reduces companies' limitations for financial OLAP by supporting the front-end application of choice for a variety of financial analysts and OLAP users."

Availability and Pricing

Applix TM1 Server 7.0 for OLE DB for OLAP is available immediately through Applix, its resellers and its OEMs. It runs on Windows NT, Windows 98, Windows 95, Solaris, HP-UX and IBM AIX server platforms, and 32-bit and 16-bit Wintel and Java client platforms. Pricing starts at $25,000 for five concurrent users.

About TM1: Pioneering RAM-Based OLAP for Enterprise-wide Analysis

Since 1984, TM1 has advanced the art of RAM-based OLAP for real-time analytical processing, targeting the financial OLAP class of applications. Applix TM1 has patented technology that makes real-time OLAP feasible, including calculation in memory, cell-based multidimensional rules, and security. With the introduction of two-way replication, TM1 is the only OLAP environment designed for real-time, collaborative financial applications for workgroups and the enterprise. More than 2,000 companies worldwide benefit from TM1's real-time analytical processing. Without waiting, Applix TM1 delivers results to the hardest questions, and gives users control over vast amounts of rapidly changing data.

About Applix, Inc.

Applix, Inc., (NASDAQ:APLX) headquartered in Westboro, MA, is a leading provider of front-office business solutions for managing customer interaction, real-time decision support, and office productivity across globally networked, extended enterprise environments. Its core offerings, all available as 100% Pure Java applications, are Applix Enterprise, customer interaction software; Applix TM1, real-time multidimensional analysis for financial decision support systems; Applixware office solutions; and Applix Anyware, a 100% Pure Java application development and deployment environment. Applix has offices worldwide and can be found on the world wide web at www.applix.com.