Briefs

SAN FRANCISCO, MELBOURNE: December 2, 2003 - KXEN, a provider of predictive and descriptive analytic software, today announced an agreement to arm customers of Expert Information Services with advanced business model building capabilities. With the KXEN Analytic Framework, customers can elevate their strategic business decision making to another level by building reliable predictive models in a matter of hours, rather than weeks or months. Expert will provide implementation, consulting, and outsourcing services for those clients who use the KXEN product suite.

Through this partnership, Expert will provide its clients with critical tools to help them identify previously undiscovered trends, to achieve cost reductions, generate new revenue streams, increase ROI and fine-tune internal processes to maximize efficiency.

"Increased customer interest in business analytics throughout the region was the key driver for Expert to partner with KXEN," said Ivan Gomez, vice president of international business development and strategic alliances at Expert. "We recognize that data mining goes beyond just historical or 'after the event' reporting to make predictions of the future. This allows organizations to be proactive rather than reactive. It also allows them to plan and budget more effectively," said Gomez.

According to a November 2003 brief issued by Forrester research, the future of data analysis lies in predictive analytics. Rather than describing events that happened in the past, today's leading corporations are looking for tools that allow them to proactively plan for future developments. KXEN is well positioned to address the needs of companies to leverage their investment in Information Technology. The company has penetrated the US, European and now Asia Pacific markets where Expert is already in discussion with several leading Australian companies over the deployment of KXEN for their businesses.

For more information, visit www.kxen.com