Revelwood Continues to Grow by Adding New Applix TM1 Clients

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New clients represent leaders in a diverse range of industries.

Revelwood Inc., the leading technology consulting firm with a core focus on business performance management (BPM) solutions and a premier Applix TM1 partner, today announced the addition of several key client accounts. Revelwood successfully attained these new customers by consistently outperforming solutions from competitors such as Cognos, Hyperion and OutlookSoft.

“Organizations continue to prefer Revelwood and Applix TM1 for their planning, analysis and reporting needs,” said Ken Wolf, CEO of Revelwood. “TM1’s unified application, unparalleled performance and ease of use coupled with Revelwood’s BPM expertise enable our clients to predict, measure, evaluate and optimize their financial and operational performance quickly and effectively.”

New to Revelwood’s customer list are the following industry leaders:

-- Boston Capital – A fully integrated finance and investment company with a total development cost in excess of $11 billion. Boston Capital is the 4th largest owner/investor of multifamily housing in America.

-- The Princeton Review – The world’s #1 test preparation company offers private tutoring and classroom and online test preparation to help students improve their scores in college and graduate school admissions tests.

-- Raycom Media – A group owner of television broadcast stations, Raycom Media has TV stations in 39 TV markets and employs over 4,000 employees. Raycom also owns Raycom Sports (a marketing, production and events management and distribution company in Charlotte, North Carolina); Raycom Post (a post production facility in Burbank, CA), Broadview Media (a post production/telecommunications company based in Montgomery, AL), and CableVantage (a cable advertising sales group based in Columbia, SC). Raycom Media’s television stations cover 12.7% of the U.S. television households.

“Revelwood’s continued success can be attributed to our team of BPM experts and the strength of the TM1 application,” concluded Wolf. “Our BPM solutions enable companies to spend less time gathering data and more time managing strategic initiatives,” said Wolf. “The result is valuable insight into clear and concise information to better manage business performance.”

TM1, Applix’s flagship application, delivers strategic business planning, budgeting, reporting and analytics for powering analysis of financial, operational, transactional and other business data. Year after year, TM1 wins rave reviews from independent user surveys.

-- In the 2006 BPM Pulse Survey, Applix outscored Cognos and 23 other BPM vendors for customer satisfaction, as well as the following categories: rapid deployment cycle, top response times, ease of implementation, product speed, product quality, ease of use, functionality and price/value.

--The OLAP Survey 5 found that Applix led the industry in overall performance, business benefits and user satisfaction. This study also reported that Applix continues to gain ground in the BPM market against much larger competitors with top rankings for speed of deployment, overall performance and achievement of business benefits.

About Revelwood

Revelwood provides business performance management solutions that enable companies to predict, measure, evaluate and impact business performance. Offering products, implementation services, training and support, Revelwood brings ease, speed and flexibility to enterprise budgeting, planning, reporting, consolidation and analysis—all on a single, common application, Applix TM1.

Since 1995, Revelwood has provided solutions for numerous innovative companies including Viacom, Liberty Corporation, GAF Materials Corporation and Primedia. Revelwood was named one of America’s fastest growing companies in Inc Magazine’s listing of the Inc 500 and Deloitte & Touche's Fast 500. Additional information on Revelwood can be obtained by visiting http://www.revelwood.com or calling (201) 984-3030.

About Applix

Applix is a global provider of business performance management and business intelligence applications based on Applix's TM1. TM1 applications enable continuous strategic planning, management and monitoring of performance across the financial and operational functions within the enterprise. Applix is a founder of the BPM Standards Group, and has been recognized by numerous industry analyst groups for its technical leadership and vision in the marketplace.

More than 2,200 customers worldwide use TM1 for tight integration with Excel, real-time response, adaptability, and low total cost of ownership. Delivered by Applix and by a global network of partners, TM1-based applications help customers manage their business performance and respond to the marketplace in real time. Headquartered in Westborough, MA, Applix maintains offices in four countries in Europe, North America and the Pacific Rim. For more information about Applix, please visit http://www.applix.com.

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Lisa Minneci
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