Panorama Names M.I.T. Ltd. Sole Distributor of BI Solution Software in Japan

Partnership Brings Panorama NovaView® BI Installation, Training and TechnicalSupport to Users in Japan

TORONTO, ON – (March 5th, 2009) – Panorama Software, a global leader in proactive Business Intelligence (BI) solutions, announced today it entered into a new relationship with M.I.T. Ltd., a Japanese software developer, IT consultancy and system integrator with extensive knowledge on Microsoft and SAP platforms and products. The partnership will facilitate the distribution of Panorama NovaView®, Panorama’s flagship BI application, and a full suite of product support to M.I.T.’s clients in Japan. M.I.T. will have sole distribution rights for Japan.

Panorama NovaView®, a complete and fully integrated proactive BI solution, is now generally available to the Japanese business community and vertical markets, including retail, financial services, telecommunications, communications and media, manufacturing and government sectors.

“Our strategic partnership with Panorama will allow the Japanese business community to take advantage of NovaView’s intuitive User Interface and its dynamic analysis functionality,” said Akira Tomokawa, CEO of M.I.T. “Customers already using NovaView especially appreciate features, such as Panorama NovaView Executive Dashboard and Spotlight, that provide business insight at a glimpse and with remarkable simplicity together with the powerful analytical capabilities that let users analyze and find insights that drive to a greater business impact..

In addition to distributing NovaView, M.I.T. will provide its clients with a full suite of services surrounding the software which will include consulting, implementation, training and customer support.

“Japan has the fastest growing Business Intelligence market in the world, and we believe that the synergy between Panorama’s innovation and MIT’s experience and remarkable reputation in the Japanese market, will ensure our joint success in this globally important market,” mentioned Yoni Ben Shaul, Regional Manager for Panorama Software.

Additional information about Panorama’s full range of BI solutions can be found at www.panorama.com.

About Panorama Software:

Panorama Software empowers individuals and global organizations with the ability to rapidly analyze data, identify trends, maximize business opportunities and improve corporate performance and results through a complete SaaS and on-premise BI solution.

Panorama® NovaView™, the company’s flagship solution, amplifies the impact of the information worker through a tightly integrated and complete suite of ‘on-premise’ analysis, reporting, scorecard, dashboard and data modeling applications that support the two  leading data platforms, SAP (NYSE: SAP) and Microsoft (NASDAQ: MSFT).

Panorama’s solution for Google Apps empowers individuals and enterprises with the most intuitive and accessible SaaS-based BI solution.

Founded in 1993, Panorama is a leading innovator in Online Analytical Processing (OLAP) and Multidimensional Expressions (MDX). Panorama sold its OLAP technology to Microsoft Corporation in 1996; the technology was rebranded as SQL ServerTM Analysis Services and integrated into the SQL ServerTM platform.  Panorama supports over 1,000 customers worldwide in industries such as financial services, manufacturing, retail, healthcare, telecommunications and life sciences.  Panorama has a wide eco-system of partners in 30 countries, and maintains offices throughout North America, EMEA and Asia. More information is available at www.panorama.com.

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