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Panorama Software to Participate In Prestigious Intel Capital Event

TORONTO (June 2, 2004) – Panorama Software today announced that it will be demonstrating the company's advanced business intelligence (BI) solutions at the Intel-sponsored "Enterprise Software Networking Reception," being held in San Carlos, California.

The event, dedicated to the exploration of trends and opportunities in enterprise software, will provide the backdrop for Panorama to showcase its latest integrated solutions offering, Panorama 4.0 companies to better leverage their existing corporate data and systems to make more informed business decisions.

Attendees of the event represent more than 50 venture capital firms as well as various Intel business decision makers who will be given the opportunity to learn more about the company's software solutions and Intel's IT business priorities.

Panorama 4.0 is a comprehensive business intelligence solution which extends Microsoft SQL Server 2000 Business Intelligence Platform allowing decision makers at all levels and functions to easily analyze data, quickly create and distribute reports, and proactively measure performance.  Panorama 4.0 extends the value and reach of business intelligence to all users—making BI a part of everyday operations, while extending the power of Microsoft's platform to allow companies to leverage existing IT investments and information to improve business results.

Eynav Azarya, chief executive officer, Panorama Software said, "It has already been an exciting year for Panorama as more companies are beginning to realize how investments in BI can support the success of any organization. We feel fortunate to be a part of Intel's reception to showcase best-of solutions for business."

About Panorama Software

Panorama Software, a leading innovator of business intelligence solutions, helps global organizations unlock the hidden value of their information assets to improve business performance and results. By extending the Microsoft Platform through integrated business intelligence and corporate performance management solutions, Panorama ensures that decision makers at all levels and functions can easily analyze data, quickly create and distribute reports, and proactively measure performance. With offices throughout North America and EMEA, Panorama supports a global customer base in industries such as financial services, manufacturing, healthcare, retail, healthcare, telecommunications and life sciences, and maintains more than 100 partners in 30 countries. More information is available at www.panorama.com.

Panorama NovaView® and the Panorama logo are trademarks or registered trademarks of Panorama Software Ltd. All other company, product or brand names are the trademarks or the registered trademarks of their respective companies. Panorama Software Ltd. is not responsible for errors or omissions. Copyright 2006 Panorama Software Ltd. All rights reserved.