Noetix Wins SIIA Codie Award for Best Business Intelligence or Knowledge Management Solution; Noetix Honored With Second Prestigious Award in Two Weeks

Business Wire, May 20, 2004

Business Editors/High-Tech Writers

BELLEVUE, Wash.--(BUSINESS WIRE)--May 20, 2004

Noetix(R) Corp., a global software provider that unlocks corporate data and empowers business users to answer their own questions, today announced that the Software & Information Industry Association (SIIA) has chosen Noetix as the leader in the business intelligence category for the 2004 Codie Awards competition.

After narrowing the nominations down to five finalists, Noetix was selected by a panel of judges that included members of the press and public as well as the SIIA voting community for its leadership and best practices in the business intelligence and knowledge management category. This prestigious recognition follows the announcement of Noetix being chosen by Red Herring as one of the top 100 private companies in 2004 -- an award the company was also presented with this week.

"The 19th Annual Codie Awards continues our tradition of celebrating the best products in the software and information industry," said Ken Wasch, president of SIIA. "SIIA congratulates Noetix on winning its first Codie Award. This win, in a category with first-rate competition, confirms Noetix as an industry leader."

"It is a pleasure to be honored with our first Codie Award and to be recognized as the leader in the business intelligence and knowledge management category," said Morris Beton, CEO, Noetix. "In such a far-reaching and often saturated industry, this reaffirms our status as an important player and confirms our commitment to providing our customers with immediate access to information from their enterprise applications."

About Noetix

More than 1,200 customers worldwide use Noetix to quickly and cost effectively access the enterprise application data they need to make important business decisions every day. Unlike tools that require weeks of manual mapping to produce a single report, the Noetix solution automatically generates a set of reporting objects specific to an organization's unique configuration of Oracle or Siebel. Using a proprietary auto-discovery process to "crawl" the application database, Noetix transforms data into business content that is searchable and navigable. Noetix dynamically generates meaningful and immediately usable business information that reflects an organization's specific application configuration. Noetix customers include Motorola, Toshiba, Starbucks, Visa and Xerox International Partners. The company is headquartered in Bellevue, Wash., with international operations based in London. For more information about Noetix, visit their Web site at http://www.noetix.com or call toll free at 866-4NOETIX.

Noetix is a registered trademark of Noetix Corp.

All other product and company names herein may be trademarks of their respective owners