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Panorama Software Signs Enterprise Agreement with Pilot Travel Centers

Largest Retail Operator of Travel Centers Leverages Business Intelligence Leader for Reporting Needs

TORONTO & KNOXVILLE – May 11, 2005 – Panorama Software, a global leader in business intelligence (BI) solutions for the Microsoft platform, announced today it has signed an enterprise agreement with Pilot Travel Centers, the largest retail operator of travel centers in the U.S.  Leveraging Microsoft SQL Server Analysis Services, Panorama will provide advanced analytics and enterprise reporting solutions to support Pilot's comprehensive business intelligence needs.

Through Panorama's flagship product – Panorama 4.0 – Pilot Travel Center managers are able to get true exception-based reporting and analysis, eliminating paper-based reporting and increasing the store managers' knowledge of selling patterns.  As a result, managers are better equipped to plan their buying strategies and can recognize if they are reaching sales targets and meeting annual budgets.

"We are pleased to be working with Panorama and have already been able to add $1.8 million to our bottom line," said David Clothier, Controller, Pilot Travel Centers.  "After evaluating several BI solutions, Pilot chose Panorama for its ability to build on the capabilities of Microsoft SQL Server Analysis Services and its robust reporting solutions.  With Panorama 4.0, Pilot can now analyze overall sales and compile year-over-year performance statistics."

Pilot will be implementing Panorama 4.0 in a phased approach.  Phase one focuses on deli operations in Travel Centers, which includes soda, coffee and hot dog sales.  Executing this phase at the 'location' level of the Centers has already delivered impressive and real-time benefits.

"Panorama is committed to delivering BI solutions to Pilot Travel Centers that are designed to improve efficiency and speed of reviewing reports," said Eynav Azarya, CEO of Panorama Software. "This relationship is a perfect example of how we can collaborate with our customers and deliver compelling solutions that meet their business needs. Our work with Pilot reinforces Panorama's position as a leader in BI solutions that have an immediate impact on improving a company's performance and results."

Panorama and Pilot Travel Centers will continue executing the business intelligence solution throughout the organization enabling the Pilot to improve efficiency by automating reporting tools. Looking forward, the two Companies are eager to implement the next phase that will build a transaction-based data warehouse in June of 2005.

About Panorama Software

Panorama Software helps global organizations unlock the hidden value of their information assets to improve business performance and results.  Panorama extends the Microsoft platform through integrated business intelligence and corporate performance management solutions.  With Panorama decision makers at all levels and functions can easily analyze data, quickly create and distribute reports, and proactively measure performance. Companies gain a greater understanding of their business and make better decisions.  These informed decisions improve profitability, increase revenues, reduce costs and time to market and mitigate competitive risks.

Panorama, a leading innovator of business intelligence solutions, supports customers worldwide in industries such as financial services, manufacturing, healthcare, retail, healthcare, telecommunications and life sciences.  Panorama has more than 250 partners in 30 countries, and maintains offices throughout North America and EMEA.  More information is available at www.panorama.com.

About Pilot Travel Centers

Pilot Travel Centers LLC is the largest retail operator of travel centers in the U.S.  Headquartered in Knoxville, Tennessee, Pilot Travel Centers operates 270 retail interstate properties in 40 states.  Pilot's locations offer a wide range of services including auto and truck fueling facilities, leading fast food chains and travel conveniences such as showers, ATM, Internet, check cashing, money orders, laundry, Western Union and pre-paid phone cards.  The company employs 14,000 people, with annual revenues of $7.2 billion (2004).

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