Hurwitz Group Shows Value of Leveraging Legacy Assets in Enterprise Reporting Deployments

"Monarch/ES builds on a company's existing reports and reporting infrastructure in order to deliver the benefits of enterprise reporting. With Monarch/ES, organizations can streamline and integrate the reporting process and overcome problems with traditional paper-based reporting systems. Monarch/ES meets the key requirements for building, deploying and managing a successful enterprise reporting system based on leveraging a company's investment in its legacy reporting infrastructure. The ability to transform existing reports into interactive report objects is an important differentiator versus competing enterprise reporting solutions. With Monarch/ES, organizations can achieve quick results and rapid return on investment."

About Datawatch

Datawatch Corporation, headquartered in Wilmington, Mass., is a leading provider of Enterprise Reporting and Support Center solutions that help organizations increase productivity, reduce costs and gain competitive advantage. Datawatch products are used in more than 20,000 companies, institutions and government agencies worldwide.

Datawatch is best known for its popular report mining application called Monarch. More than 200,000 copies of Monarch have been sold, with localized versions in English, French, German and Japanese. Monarch lets users extract and manipulate data from ASCII report files produced on any mainframe, midrange, client/server or PC system. The Company's Redwing product lets users extract text and tables from Adobe PDF documents.

Datawatch recently completed a series of strategic product initiatives that position the Company as a leader in the emerging market for Enterprise Reporting software. Monarch/ES, introduced in March 1998, is a configurable Enterprise Reporting solution that lets organizations deliver reports electronically via their local area network. Reports are stored in a secure repository and brought to life on screen to support queries and analyses.

Monarch/ES Web, introduced in October 1998, extends the system to support Web-based report retrieval via the Internet. Monarch/ES Report Publisher, also introduced in October 1998, supports automated delivery of reports via MAPI-compliant email.

In August 1998, Datawatch entered the market for data replication and migration tools with the introduction of Monarch Data Pump. This product offers a shortcut for populating and refreshing data marts and data warehouses, and for migrating legacy data into new applications.

Datawatch also participates in the market for Support Center software. The Company's Quetzal help desk and asset management software is a market leader in Europe, with the largest installed base among products that compete in the internal help desk market. Customers include the British Broadcasting Corporation, Her Majesty's Customs and Excise Service and Toronto Dominion Bank.

Quetzal is recognized for its advanced service level management capabilities, integrated change management features, business process automation tools and unique user-interface that promotes ease-of-use and ease-of-learning.

Quetzal/SC, introduced in December 1998, is a major new release of the Company's Quetzal software. Quetzal/SC's advanced architecture gives it strong performance and scalability. The product can easily handle up to 50,000 calls per hour, and can be scaled to support as few as two users running on an xBASE file server, hundreds of users running on an NT server, or thousands of users running on powerful Unix servers. Quetzal/SC integrates with popular network management tools such as Unicenter TNG, Tivoli Management Edition and BMC Patrol, and employs Monarch to provide market-leading data analysis and reporting capabilities.