Intelligent Output Solutions Conclude Master Distributor Agreement to Deliver DataWatch Software in Cyprus

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Intelligent Output Solutions announced today that it has concluded a distribution agreement with DataWatch Corporation (NASDAQ: DWCH), under which Intelligent Output Solutions will serve as the master distributor for sales of DataWatch's management, data transformation and service management solutions in Cyprus. With the conclusion of this agreement, Intelligent Output Solutions will expand DataWatch's business in Europe and begin marketing, sales, and maintenance jointly with DataWatch.

Intelligent Output Solutions announced today that it has concluded a distribution agreement with DataWatch Corporation (NASDAQ: DWCH), under which Intelligent Output Solutions will serve as the master distributor for sales of DataWatch's management, data transformation and service management solutions in Cyprus. With the conclusion of this agreement, Intelligent Output Solutions will expand DataWatch's business in Europe and begin marketing, sales, and maintenance jointly with DataWatch.

Cyprus is a well-established and highly respected centre for the conduct of commercial, professional, financial and maritime activities within the Mediterranean region and around the world. The Cyprus economy recorded real GDP growth of the order of 4.1% in the period 1999 – 2002, compared with an average growth rate of 2.9% in the accession countries and 2.1% in the 'euro zone'. Today, more than 1,100 international businesses have a physical presence in Cyprus.

Intelligent Output Solutions will be concentrating their efforts on providing Monarch, DataPump, VorteXML and Datawatch|ES to the Cypriot SME and corporate marketplaces.

Monarch is the world's #1 report mining software solution, with over 500,000 users worldwide. With Monarch software, there's no need to flip through thick printed reports, re-key data into spreadsheets, or struggle with complex data analysis tools. Instead, Monarch transforms your report files into data, without programming.

Datawatch|ES offers a totally unique approach to reporting, report management, business intelligence, and forms management, all in a single, Web-based system. Datawatch|ES transforms existing reports into a Web-enabled archive, for electronic storage and distribution. It then automatically transforms that report-based information, without programming, into live online data for easy analysis and decision support, in formats including html, PDF, Excel, and multidimensional data cubes. In addition, text-based output can be transformed into live XML forms.

"We are very pleased to be partnering with DataWatch to bring more effective data management and reporting solutions to the business community in Cyprus," said Stewart Rogers, Director at Intelligent Output Solutions. "DataWatch has demonstrated through its long history that it has a superior understanding of reporting technology and a firm commitment to serving the needs of its expanding customer base. We view the DataWatch team as a perfect partner for Intelligent Output Solutions in this important market, and we look forward to a long and successful relationship with them."

Rob Graham, Datawatch Europe's Product Manager stated, "We are delighted to announce the appointment of Intelligent Output Solutions as our business partners for Cyprus. Their commitment to truly understanding our range of products and their particular approach to providing complete client solutions fits well with Datawatch's proven strategy for its some 500,000 users worldwide. Cyprus is an important market for us and we know that IOS, with its mature base of corporate clients there, are the right match".

As part of the agreement, Intelligent Output Solutions are empowered to find and sign up local resellers for DataWatch's products, and they are actively looking for interested parties in Cyprus.

Intelligent Output Solutions Limited sets itself apart from other document management vendors by creating a relaxed environment with resources that help customers make the right decision, such as information on how to save time, save money and reduce wastage through their solutions. Intelligent Output Solutions excel in providing high 'return on investment' solutions, such as:

  • Eradicating costly pre-printed forms
  • Enabling delivery of output via the internet, without changing applications
  • Delivering accounting, CRM and ERP output via email, fax and Internet
  • Distributing then printing in order to save money, rather than ‘print and distribute’
  • Automatic fax delivery from the desktop, instead of the 10-minute walk to the fax machine
  • Unified messaging systems (email, fax, voicemail all in your email client)

As companies are measured more and more by their ability to communicate effectively, and as businesses look for ways to cut costs and gain high returns on their IT investments, Intelligent Output Solutions are well placed to provide the products and services these organisations need.

For further information visit the web sites at http://www.ioutput.com and http://www.datawatch-europe.com

About Intelligent Output Solutions:

Intelligent Output Solutions is one of the fastest growing document management solution providers in the UK and Cyprus. Our success is the result of a winning combination; excellent products, industry knowledge, customer feedback and an experienced and committed team.

Our goal is to be the premier enterprise solution supplier and implementer in the document output and document management environment.

Our focus is to help businesses make the most of their business communications, using advanced yet tried-and-tested technologies. More than ever before, companies need to address how they manage their documents, forms, fax, phone, e-mail and archival systems. Our range of solutions can help ensure that important information reaches the right people, wherever they are.

About DataWatch Corporation:

Datawatch is a leading provider of business intelligence, enterprise reporting, data transformation and support centre solutions that enable organisations to increase productivity, reduce costs and gain competitive advantage. Datawatch products are used in more than 20,000 companies, institutions and government agencies worldwide.

Datawatch is best known for its desktop report mining application Monarch, which is used by around 500,000 professionals worldwide and now on its 7th version. Monarch technology is the de-facto standard for extracting data from report files.

Datawatch has partnerships with a variety of key technology vendors including Microsoft and Software AG. The company maintains offices throughout the US, Europe and Australia, offering worldwide service and support levels to their customers.

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