Business Services Industry

Pervasive Software's Database Engine Powers Treasury Portfolio Management Solution From Thomson

Business Wire, July 25, 2000

Business/Technology Editors

AUSTIN, Texas--(BUSINESS WIRE)--July 25, 2000

Pervasive.SQL(TM) 2000 Selected as Database Engine for Thomson

Financial Treasury Solutions' PARAGON 4.0 Software

Pervasive Software Inc. (Nasdaq:PVSW), a leading provider of software that delivers the freedom to create applications for everyone, everywhere, today announced that Thomson Financial Treasury Solutions, a business unit of Thomson Financial, has chosen Pervasive.SQL(TM) 2000 as the underlying database for its new PARAGON(TM) version 4.0 software.

PARAGON is a comprehensive trading, safekeeping, portfolio management, and accounting solution for banks and fixed-income broker-dealers. PARAGON 4.0 includes many significant new features, including the Pervasive.SQL 2000 database engine, providing PARAGON users with enhanced data management performance, reliability, scalability and low cost of ownership.

PARAGON 4.0 also offers richer functionality than previous releases, giving users open database access with an ODBC interface, streamlined trade entry capabilities, the ability to support server-based processes and more robust printing capabilities. PARAGON 4.0 also includes a powerful, new report reviewer that enables users to create Web/HTML formatted documents accessible by Web browsers.

PARAGON 4.0 with Pervasive.SQL 2000 represents an extension of Pervasive's database technology throughout Thomson Financial Treasury Solutions' PARAGON product line. Pervasive.SQL 2000 is also the database engine for the PARAGON SQL Package, which allows Thomson clients to customize reports and queries and publish these reports to the Internet or distribute them in PDF format. PARAGON SQL also enables users to access both the PARAGON database, as well as a data warehouse containing report-friendly structures.

"We are excited to offer our clients a next-generation portfolio management solution with the forthcoming release of PARAGON 4.0," said Linda Bertone, managing director of Thomson Financial Treasury Solutions. "As a Pervasive Software OEM and reseller, we are quite pleased to team with Pervasive and use the Pervasive.SQL 2000 database engine as enabling data management technology behind both PARAGON 4.0 and our PARAGON SQL Package. Pervasive.SQL 2000 offers our clients the desired performance and reliability they need for precise and easy access to business-critical financial portfolio information."

"Pervasive.SQL 2000 gives users of PARAGON software the high-speed throughput and exceptional manageability and reliability they require from an underlying database," said David Dunnigan, senior vice president of marketing and sales at Pervasive Software. "We strongly welcome the release of PARAGON 4.0 with Pervasive.SQL 2000 and believe that this integrated solution will set a high standard for treasury operations software."

About Pervasive.SQL 2000

The Pervasive.SQL 2000 family of database products dramatically simplifies the development and deployment of business-critical applications on the desktop and across the Web. This cross-platform product line delivers the performance, scalability and development support needed to meet the challenge of creating and deploying a new breed of e-business applications. With Pervasive.SQL 2000, developers and end users enjoy exceptional run-time reliability, a best-of-both-worlds combination of high-speed transactional processing and robust SQL data access, and zero-administration operation--features that have long made Pervasive.SQL a leading database engine for powerful, low-cost-of-ownership business applications.

About Thomson Financial Treasury Solutions

Thomson Financial Treasury Solutions, a business unit of Thomson Financial, is comprised of three treasury software products: Thomson Vision(TM), PARAGON and Thomson TBA Trader(TM). Thomson Vision is an industry leader in the treasury and risk management marketplace. It offers a completely integrated solution fully supporting all aspects of treasury operations. PARAGON is a leading trading, safekeeping, portfolio management and accounting system catering to the specialized needs of US banks and broker-dealers. Thomson TBA Trader is a leading tracking, trading and optimization solution for buy- and sell-side institutions dealing in TBA mortgage backed securities.

Thomson Financial is a US$1.44 billion provider of e-information services and integrated work solutions to the worldwide financial community. Through the widest range of products and services in the industry, Thomson Financial helps clients in more than 70 countries make better decisions, be more productive and achieve superior results. Thomson Financial is part of The Thomson Corporation, a leading e-information and solutions business with annual revenues of more than US$5.8 billion. The Corporation's common shares are listed on the Toronto and London stock exchanges. For more information on Thomson Financial, visit www.thomsonfinancial.com.

About Pervasive Software

Pervasive Software Inc. (Nasdaq:PVSW) delivers the freedom to create applications for everyone, everywhere. The company's innovative software powers the next generation of computing, enabling e-business applications to reach beyond the desktop and easily share information across everything from handheld devices to information appliances and the Internet. A channel of more than 10,000 independent software vendors (ISVs), developers, value-added resellers (VARs) and partners builds, distributes and manages thousands of Pervasive-based applications on computing platforms across many corporate, mainstream and vertical markets.

 

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