Informix and NAG Create 'WAY FAST' Solution For Quick, Accurate Financial Analysis

Business Wire, August 16, 2000

Business Editors, Technology Writers

MENLO PARK, Calif.--(BUSINESS WIRE)--Aug. 16, 2000

Informix(R) Corporation (Nasdaq:IFMX), the technology leader in software infrastructure for the i.Economy, today announced a strategic alliance with the Numerical Algorithms Group (NAG), the world leader in mathematical and statistical software by releasing the Informix NAG Financial Datablade(R) module.

The product has been tailored to address the needs of the financial services industry where reliable, accurate analysis tools are critical for sustained profitability.

"Companies can save time and money by using quality NAG functions instead of developing their own analytics," said Dr. Brian Ford OBE, managing director of NAG. "When dealing with large amounts of data, this process can be speeded up greatly by taking the analytics to the data, which is precisely what the Informix NAG Financial Datablade does. With Informix Internet Foundation.2000's(TM) exceptional technology for handling time-series data, our clients get the benefit of high performance solutions."

"Informix continues to work with industry-leading companies to bring relevant solutions to market. This alliance represents a major step forward for companies concerned with effective data capture and analysis. There is no other product out there today that can provide the level of flexibility and functionality that we are offering," commented Steve Weick, senior vice president and group executive, Informix. "The Foundation.2000 NAG solution resolves some of the most complex problems encountered by those doing in-depth data analysis."

The new Datablade module will include 50 of NAG's vector and matrix mathematical functions required for the accurate analysis of high volumes of data. This Datablade module can also be used with the Informix Time Series Datablade module to facilitate the building of more complex integrated statistical systems. Informix Internet Foundation.2000 scales to track any amount of information, with the speed, accuracy and reliability of the NAG software. Financial institutions can also implement risk and fund management by working with Informix partners, such as Market Information Services. (www.marketinfoserv.com).

About the Numerical Algorithms Group (NAG)

With nearly thirty years experience and a worldwide reputation in developing, porting, distributing, and supporting scientific computing software, NAG supplies a range of mathematical and statistical components, compilers, tools and associated products for the professional programmer. NAG software is used by industry, government and education to solve problems, however complex, in areas such as research, engineering, life and earth sciences and financial analysis. Based in Oxford, UK, NAG has offices in Chicago, Munich and Tokyo, as well as distributors worldwide.

About Market Information Services

New York and London based specialist provider of solutions to risk managers and quantitative analysts in investment banks and other trading institutions and to fund managers. For more information, contact www.marketinfoserv.com.

About Informix

Informix Software is the technology leader in software infrastructure and solutions for the Internet. Informix brings a focused set of products and services that integrate e-business and business intelligence on an Internet infrastructure. The Company's highly scalable database engines, in addition to its business intelligence, content management and e-commerce solutions, enable customers to succeed in the new economy. For more information, contact the nearest sales office or visit the Web site at www.informix.com.

(c)2000 Informix Corporation. All rights reserved. The following are trademarks of Informix Corporation or its affiliates, one or more of which may be registered in the U.S. or other jurisdictions: Informix(R), Datablade(R) and Informix Internet Foundation.2000(TM).

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