Wednesday, July 7, 2004

Applied OLAP, Inc. Announces New Alliance with ThinkFast Consulting, Inc

Applied OLAP, Inc. Announces New Alliance with ThinkFast Consulting, Inc

Applied OLAP, Inc. Announces New Alliance with ThinkFast Consulting, Inc Partnership Provides Customers with Enterprise Wide Web-based Delivery of Information Critical to Planning and Forecasting

(PRWEB) May 25, 2002

FOR IMMEDIATE RELEASE

Contact:

Michael McCarty

Applied OLAP, Inc.

256 885 4371

Mccarty@appliedolap. com

Applied OLAP, Inc. Announces New Alliance with ThinkFast Consulting, Inc

Partnership Provides Customers with Enterprise Wide Web-based Delivery of Information Critical to Planning and Forecasting

Huntsville, Al. – May 22, 2002., Applied OLAP, Inc., a software development company that caters exclusively to users of the industry - leading Hyperion (HYSL) Essbase® today announced an alliance with ThinkFast Consulting, Inc., a full-service provider of integrated business intelligence (BI) solutions. The partnership will enable ThinkFast to deliver custom solutions to meet their client’s demands for ease of use and flexibility of a browser-based environment.

This alliance combines ThinkFastÂ’s business and technical expertise and Applied OLAP technology to significantly increase the return on their clientÂ’s investment in Essbase. This combination helps deliver access to critical information needed to run their business and allow customers to access, analyze, and share corporate information and reports. Enhanced drill-down capability is also now available. With a simple click of a button users can view detail level data from the data warehouse for improved decision-making capability. Furthermore, interactive spreadsheets leverage Excel formulas, formatting and other spreadsheet elements in a browser, decreasing development time, limiting cost of training employees and reducing costs for maintenance while improving time-to live or rollout of the solution. With these BI capabilities, customers will be able to increase profitability, enhance client relationships, expand market share, improve risk management, and heighten their competitive advantage.

"As business intelligence and analytic applications become more mission critical to the enterprise, it is important to have strong alliances with key technology solutions integrators like ThinkFast," said Tim Tow, president of Applied OLAP. "We are pleased to have ThinkFast Consulting join our program. ThinkFast provides a complete service consultancy and has an impressive track record of success. Our joint customers will benefit from a more efficient, truly integrated business intelligence solution that leverages the performance, scalability and analytical power of Hyperion Essbase®.”

"ThinkFast and Applied OLAP share a common vision of providing customers with access to a wide variety of corporate information through a unified set of enterprise-scale business intelligence solutions," said Tom Phelps, president of ThinkFast Consulting. "We welcome Applied OLAP as a ThinkFast strategic software partner, and look forward to continued success in helping clients achieve real business improvement through better information management."

About Applied OLAP, Inc.

Applied OLAP, Inc. was founded in 1998. The companyÂ’s software and consulting is focused on the needs of Hyperion Essbase users. ActiveOLAP for Essbase has helped companies implement business analytical applications in various industries including banking, insurance, health care, communications, manufacturing, distribution, transportation and aerospace. For more information visit www. appliedolap. com

About ThinkFast Consulting, Inc.

ThinkFast Consulting, Inc. is a premier full-service provider of enterprise-wide business intelligence (BI) services designed to provide customers with real-time structured access to information for strategic and tactical decision making. Ranked number 49 of the 2001 fastest growing private companies by Inc. 500 Magazine, ThinkFast is headquartered in Chicago, and has local offices in Atlanta, Dallas, Detroit, Houston, Kansas City and San Francisco. For more information, visit www. thinkfast. com.

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