Praxinet Inc. Launches PAVE to Address Financial Visibility

Praxinet offers a new solution for financial analysis and visibility that leverages the strengths of two partner tools. The web-enabled solution was designed to address the existing pressures on corporations to ensure the accuracy of financial statements and increase the visibility of potential liabilities as well as likely opportunities.

Praxinet Inc. announces the launch of a new solution, PAVE (Praxinet Analysis Viewer for EAP). Praxinets new solution combines the functionality of two of its partners tools-Panoramas NovaView 3.2 and OutlookSofts Enterprise Analytic Portal (EAP). The new solution, coupled with Praxinets unique development skills and business performance management (BPM) knowledge, was designed to address the existing pressures on corporations to ensure the accuracy of financial statements and increase the visibility of potential liabilities as well as likely opportunities.

We are very excited about our solution and its prospects in the marketplace," says Anthony DAnna, Praxinets Vice President of BPM. It is a timely offering that leverages our experience base as well as the strengths of our partners products."

PAVE is built upon Panorama, OutlookSoft and Microsoft technologies. The solution enhances the OutlookSoft EAP Portal with Panoramas dynamic web analytics front-end. Praxinets open PAVE framework is a flexible, functional, visually appealing business intelligence tool set-easily deployed across the entire enterprise.

We are very pleased to be a part of Praxinets new PAVE offering," says Eynav Azarya, Panoramas COO and Strategic Alliances Manager. We believe that Praxinet has the right skills and experience to bring them and us success. The timing couldnt be better for PAVE!"

This fully integrated solution provides thin-client data visualization and a number of advanced analysis tools such as charts, tables, and briefing books. PAVE will enable true web-based solutions such as Corporate Performance Scorecards, Interactive Management Blue Books, Digital Dashboards, and Real-time Exception Reporting.

With PAVE, enterprises can perform accurate summary and detailed data analysis over the Web, without installing specialized, often cumbersome, software locally or generating vast amounts of pre-canned reports. PAVE utilizes data directly from your existing EAP implementation with the ultimate goal of providing you with the tools to quickly and efficiently identify trends and to empower employees to make more informed and effective business decisions.

The ability of managers and analysts to have fast and reliable corporate, operational, and market data will enable more informed decision-making and effective risk management, saving both time and money for the organization. Leveraging PAVEs capabilities will provide the agility and responsiveness companies need to sustain competitive advantage.

Panorama offers advanced e-BI solutions for enterprise enabling executives, knowledge workers and analysts to easily access critical business information in a controlled and secured environment. To learn more about Panorama and its technologies, visit: www.pansw.com.

About Praxinet
Praxinet Inc. provides information technology consulting and software solutions that improve business performance across the enterprise. Praxinet leverages its core competencies in Strategic Consulting, Internet technologies, and Business Intelligence to enable its clients to manage and grow their business more efficiently and intelligently. Praxinet has designed and developed mission-critical solutions across multiple industries for major clients such as Pitney Bowes, GE, Citibank, Pfizer, Verizon, UPS, Tishman Speyer Properties, and Star Gas Partners. For detailed information about Praxinet, visit www.praxinet.com.