Standard Chartered Bank to Count on Applix for Complex Reporting
16 Mai 2007 - 2:30PM
Business Wire
Applix, Inc. (NasdaqGS: APLX), a leading business analytics
software solutions provider, today announced that Standard
Chartered Bank, an international bank with China regional
headquarters in Shanghai, has selected Applix for its business
performance management needs, including financial management
reporting. Standard Chartered Bank is listed on both the London
Stock Exchange and the Hong Kong Stock Exchange and is consistently
ranked in the top 25 among FTSE-100 companies by market
capitalization. Standard Chartered has a history of more than 150
years in banking and operates in many of the world�s
fastest-growing markets with an extensive global network of over
1,400 branches (including subsidiaries, associates and joint
ventures) in over 50 countries in the Asia Pacific Region, South
Asia, the Middle East, Africa, the United Kingdom and the Americas.
Given that the reporting is an elaborate business, Standard
Chartered Bank needed a solution that simplifies rather than
complicates the management reporting activities. They turned to
Applix because it is easy to use, to implement and to maintain,
enabling greater integrity and structure around key reporting
requirements for their China operations. �Applix delivers the
flexibility, performance and scalability global corporations
require � all on a single platform that can be deployed quickly,�
said Jay Howald, vice president, Asia Pacific Region, Applix, Inc.
�Standard Chartered Bank joins our roster of more than 3,000
companies that are using Applix to simplify and streamline their
business analytics, and, based on Applix�s record for ease-of-use,
I�m confident the company will increase efficiencies and
performance immediately.� About Applix Applix (NasdaqGS: APLX)
empowers agile enterprises by offering the only complete Business
Analytics software solution. The Company is focused exclusively on
providing a single, cohesive Performance Management and Business
Intelligence solution, with strategic planning, forecasting,
consolidations, reporting and analytics across financial,
operational, sales and marketing, and human resources departments.
The Applix platform, powered by the renowned TM1 analytics engine,
reaches farther, deploys easier, and reacts faster than any
business analytics solution available today. Applix and its global
network of partners help 3,000 customers worldwide manage their
business performance and respond proactively to the marketplace.
Headquartered in Westborough, MA, Applix maintains offices in North
America, Europe and Asia Pacific. For more information, please
visit www.applix.com. Any statements in this press release about
future expectations, plans and prospects for Applix, Inc.,
including any statements containing the words �believes,�
�anticipates,� �plans,� �expects,� and similar expressions,
constitute forward-looking statements. Forward-looking statements
necessarily involve risks and uncertainties, and actual results
could differ materially from those indicated by such
forward-looking statements as a result of various important
factors. Factors that could cause or contribute to such differences
include without limitation, competitive pressures, changes in
customer demands, adverse economic conditions, loss of key
personnel, litigation, potential fluctuations in quarterly results,
lengthy sales cycles, market acceptance of new or enhanced products
and services, factors affecting spending by customers and other
risks, uncertainties and factors including those described in the
Company�s most recent Form 10-K or 10-Q under the heading �Risk
Factors�/�Factors That May Affect Future Results.� In addition, the
forward-looking statements provided by the Company in this press
release represent the Company�s views as of the date of this
release. The Company anticipates that subsequent events and
developments may cause the Company�s views to change. However,
while the Company may elect to update these forward-looking
statements at some point in the future, the Company specifically
disclaims any obligation to do so, and these forward-looking
statements should not be relied upon as representing the Company�s
views as of any date subsequent to the date of this release. �2007
Applix, Inc. All rights reserved. Applix and TM1 are registered
trademarks of Applix, Inc. All other trademarks and company names
mentioned are the property of their respective owners.
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