Datawatch Offers Premier Multidimensional Analysis Tool as an Optional Extension to Monarch

Business Wire, March 8, 1999

WILMINGTON, Mass.--(BUSINESS WIRE)--March 8, 1999--

DI-Diver from Dimensional Insight brings new reporting and

visualization capabilities to Monarch 4.0 and Monarch/ES Enterprise

Reporting Solution

Datawatch Corporation (NASDAQ:DWCH), a leading provider of Enterprise Reporting and Support Center software, today announced that it will offer DI-Diver from Dimensional Insight as an optional extension to its Monarch and Monarch/ES products. DI-Diver makes it easy for Monarch users to explore and visualize report data.

"Monarch is already the most powerful and widely-used tool for extracting and analyzing data contained in reports," said Marc Peterson, senior vice president of North American operations at Datawatch. "DI-Diver brings important new analytical features to Monarch while maintaining our ease-of-use."

With DI-Diver, users can "dive" into report data to obtain successively more detailed levels of information. The "diving" analogy highlights the difference between DI-Diver and other analysis and reporting tools. Most tools let users define a "drill-down" path into their data. This is fine if they know what they are looking for but can be frustrating if they don't. DI-Diver's unique "dive-anywhere" approach lets users explore report data without predetermined assumptions about what trends or factors they are looking for.

When a user clicks the "dive" button on the Monarch toolbar, DI-Diver builds a special index that cross-tabulates report data on every possible dimension. This lets users instantly view, pivot and explore crosstab summaries that reveal patterns and relationships in their data.

DI-Diver relies on innovative charting and geographic mapping features to empower the exploration process. Users can interact with charts and maps as they refine their analyses. For example, a user might choose to visualize sales data on a scatter chart that shows forecasted sales versus actual sales for each salesperson. Each salesperson would be represented as a point on the scatter chart. In order to select the top-performing salespeople, the user would simply encircle the appropriate points on the chart using DI-Diver's lasso cursor.

The special version of DI-Diver that integrates with Monarch 4.0 and Monarch/ES is available now, directly from Datawatch and its resellers. A single user license is priced at $499. For more information, visit the Datawatch web site at www.datawatch.com.

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 desktop 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.

Datawatch entered the market for Enterprise Reporting software in March 1998 with the introduction of Monarch/ES. Enterprise Reporting is an emerging software category that seeks to overcome problems with traditional paper-based reporting systems. Reports are delivered electronically via network and brought to life on screen to support queries and analysis. Monarch/ES Web, introduced in October 1998, extends Monarch/ES 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.

Datawatch entered the market for data replication and migration software in August 1998 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. 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. Customers include the British Broadcasting Corporation, Her Majesty's Customs and Excise Service and Toronto Dominion Bank.

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. 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.

Datawatch works with VARs, integrators, consultants and independent software vendors who sell and support Datawatch products. In addition, Datawatch works with OEM customers who embed Datawatch components and technologies in their own solutions. The corporate address for Datawatch is 234 Ballardvale Street, Wilmington, MA 01887; telephone 978/988-9700, fax 978/988-0672; http://www.datawatch.com.