Briefs

October 18, 2005. Cranes Software Licenses Equbits' Predictive Modeling Framework; Cranes Software's Subsidiary Systat Software Inc. and Equbits Embark on Partnership to Bring Automated SVM Modeling to the Data Mining Community

BANGALORE, India--(BUSINESS WIRE)--Oct. 18, 2005--Cranes Software International Ltd., a leading provider of specialized scientific software products & services, today announced a strategic alliance between its wholly owned subsidiary Systat Software, Inc. ("Systat") and Equbits LLC, the leading provider of SVM based predictive modeling software.

The partnership will allow SYSTAT customers to take advantage of Equbits' Support Vector Machines (SVM) modeling capabilities, including model building and tuning and enhanced enterprise level integration between the company's products. As a result of the partnership, researchers in the areas of Genomics, Computational Chemistry, Image Analysis, Market Analysis and Fraud Detection will be able to solve core classification and regression problems in a more accurate manner.

The integrated module will be marketed under the SYSTAT brand with over 65,000 users globally and distributed in 2006.

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