Incline Village, NV (PRWEB) July 23, 2007
Frontline Systems, developer of the Excel Solver and leading-edge optimization and simulation software, is now shipping Risk Solver™ V7.2, a tool for risk analysis of business models using high speed, fully interactive Monte Carlo simulation. Prospective users can download a free trial version at http://www.solver.com.
Risk Solver V7.2 offers a wide array of new features to help users visualize the results of a risk analysis model using Monte Carlo simulation, including:
- New Overlay charts that make it easy to compare the full distribution of outcomes for several key results at once
- New Scatter Plot charts that make it easy to spot hidden relationships among key results and uncertain variables in the model
- Flexible new Chart Markers to mark and annotate points of interest on any chart
- Expansion of basic chart types (such as bar, line and area charts) from four to eight, in both two dimensions and three dimensions
- A new Chart View Control toolbar that makes it easy to magnify, reduce, shift, and rotate charts until they are perfect for presentation of results
Risk Solver V7.2 builds on Risk Solver's breakthrough support for interactive simulation, where each time a user changes a number on the spreadsheet, a simulation with thousands of trials is performed -- often in no more time than a single spreadsheet recalculation -- and the full range of simulation results and statistics may be displayed. And it works closely with Frontline's marketing-leading Premium Solver, giving users access to the world's best optimizers, and solving simulation optimization problems hundreds of times faster than competitors.
Risk Solver V7.2 includes a 'runtime package' -- a big departure from older simulation products for Excel. Risk Solver Engine provides over 80 Excel functions and a complete VBA object model and application programming interface that makes it easy to develop custom risk analysis applications. Low-cost licenses and easy packaging make it ideal for deployment to end users.
Risk Solver V7.2 is priced at $995 for a single user license in the U.S., plus required first-year annual support. A special package of Risk Solver V7.2 and Premium Solver V7.1 costs just $1,550 plus support. Special academic prices are available for research and teaching. A fully functional, free trial version can be downloaded at Frontline's Website http://www.solver.com.
About Frontline Systems, Inc.
Frontline Systems, Inc. is a leading developer of optimization and simulation software, and the leader in spreadsheet optimization software that helps analysts and managers optimally allocate scarce resources -- money, equipment, and people -- to realize substantial cost savings. Frontline developed the solvers/optimizers in Microsoft Excel, Lotus 1-2-3 and Quattro Pro, distributed to more than 500 million spreadsheet users. Founded in 1987, Frontline is headquartered in Incline Village, Nevada (775-831-0300). Risk Solver is a trademark of Frontline Systems, Inc.
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