APLX Applix (MM)

Applix, Inc. (NasdaqGS: APLX), the leading business analytics software solutions provider, today announced it was ranked sixth on BusinessWeek�s 2007 �Hot Growth� Company list. Applix was the leading software company with 41 percent total revenue growth and 54 percent license growth in 2006 alone. In additional measurements, the company ranked fifth in both profit growth and return on capital, with three-year average annual performance of 247 percent and 36 percent, respectively. �We are very honored to be named on this list as a result of our exceptionally strong performance in the highly competitive business analytics market,� said Dave Mahoney, president and CEO of Applix. �With the recent release of Applix 9.1, its excellent reception by our customers, and rapid expansion of our partner ecosystem, Applix continues to drive growth and leading edge innovation across its products, customers, and market. This is a testament to Applix�s unique analytics solution, which combines a complete platform with the ease of use and speed to empower decision makers across all departments at agile companies.� Applix provides comprehensive business analytics software to enable decision makers to deploy quicker, react faster and reach farther across their business. In addition to significant product enhancements released earlier this year, Applix has recently expanded in the Asia Pacific region and opened an office in Hong Kong. The company also continues to grow its customer and partner base. To identify �Hot Growth� companies, BusinessWeek used the Standard & Poor�s Compustat database of 10,000 public companies to identify those with revenues of $50 million to $1.5 billion a year. Businesses are ranked by three-year sales and profit growth as well as return on capital. Companies must have also a market cap of $25 million or more and a stock price of at least $5. 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.