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Wednesday, September 13, 2006

Business Objects Launches Expanded Performance Management Solutions for the CFO

"SAN JOSE, Calif. & PARIS--(BUSINESS WIRE)--Sept. 12, 2006--Business Objects (Nasdaq:BOBJ)(Euronext Paris ISIN code: FR0004026250 - BOB), the world's leading provider of business intelligence (BI) solutions, has announced the release of its integrated planning, budgeting, forecasting, and consolidation solutions on the BusinessObjects(TM) XI platform. These new integrated enterprise performance management (EPM) solutions enable finance organizations to create a process for continuous improvement, provide employees with information they can trust, and align corporate resources with overall business strategy.


With this launch, Business Objects has executed on the vision it initiated in 2005 with the acquisition of SRC Software -- providing a comprehensive set of performance management capabilities on the BI industry's most advanced and trusted business intelligence platform. Business Objects now offers more than 30 targeted applications designed for specific industries and financial functions. In addition to strategic and financial planning and operational budgeting, the solutions also cover metrics management and scorecarding, data visualization, and analytic applications to provide a broad set of performance management solutions for finance managers in industry and government organizations around the world.

'With today's announcement, we are building on our outstanding EPM momentum and our 70% year over year growth in EPM license revenue during the first half of 2006,' said Mark Doll, senior vice president of global services and general manager of EPM at Business Objects. "This announcement underscores the focus and determination we have for delivering a world-class EPM solution for CFOs and finance organizations around the world. Our innovative product plans and continued investment in the development of comprehensive EPM products and services offerings position Business Objects well to serve this fast growing market and help organizations achieve higher performance."

Business Objects Planning, Budgeting, and Forecasting Integrated with BusinessObjects XI "

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