Noetix Posts Record Profitability During First Half of 2009

REDMOND, Wash.-(Business Wire)-September 29, 2009 - Noetix Corp., a software provider that automatically generates business intelligence (BI) content from enterprise applications, announced today that for the first half of 2009, it signed significant new customers, maintained its industry-leading, record-high customer satisfaction level, and achieved record profitability despite the global economic recession.

“This year marks Noetix’s 15^th year in business and our continued success provides us with an additional reason to celebrate the numerous milestones we’ve achieved along the way to establishing Noetix as a leader in operational BI reporting,” said Noetix CEO Morris Beton.

Noetix celebrates its 15^th year by winning numerous corporate and product awards including KMWorld’s 100 Companies that Matter in Knowledge Management; a “Best of Show” award at the 2009 Oracle Applications User Group Conference; and a finalist nomination for the SoftwareCEO Innovation Awards. In addition, Noetix was voted a Best Company to Work for in 2009 by Seattle Business and customers rated Noetix a top BI vendor at VendorRate.com, where Noetix was one of ten companies to receive the highest customer satisfaction ratings for Q2 2009.

Also during the first half of 2009, Noetix signed new industry-leading customers and expanded existing relationships with a number of organizations worldwide, including Buzzi Unicem USA Inc.; Cellular South; Con-Way Inc.; Esterline Corporation; Medmark, a Walgreens specialty pharmacy; Napp Pharmaceutical Holdings Ltd.; Occidental Petroleum Corporation; Saba; and the Western Union Company.

Noetix announced additional product offerings as well as new versions of software to meet customer needs and ongoing marketplace demands for improved Oracle reporting. Innovative features were added to enhance performance, scalability, reliability, and business functionality covering a wide range of products such as the following:

NoetixViews for Oracle E-Business Suite with:
- New module for Oracle Time and Labor.
- Support for Oracle Release 12.0.6.
- Enhancements to NoetixViews for Oracle Inventory to support Release 12 common inventory.
NoetixViews for PeopleSoft Enterprise Time and Labor.
Noetix Generator releases including:
- Noetix Generator 2.0 for Oracle BI with the automatic generation of charts and dashboards into Oracle Interactive Dashboards.
- Noetix Generator 2.1 for Business Objects with automatic drilling through the dimension hierarchies and support for Business Objects Enterprise XI 3.1.
Noetix Search 1.2 including enhanced guided navigation using full NoetixViews module names and significant enhancements to memory management.

About Noetix

More than 1,400 customers worldwide use Noetix to quickly and cost-effectively access the enterprise application data they need to make important business decisions every day. By providing instant, configuration-specific operational reporting and ad hoc query for Oracle E-Business Suite, PeopleSoft Enterprise, and Siebel CRM, Noetix delivers the fastest time to business answers. Our patented, metadata-driven technology and lean architecture deliver immediate access to data, resulting in the lowest-cost BI solution to acquire, implement, and maintain. Easy search and navigation capability allows users to create ad hoc reports and answer their own operational questions without additional assistance from IT staff. Noetix’s proven technology is being used by industry-leading customers worldwide, including: Cummins, Motorola, Starbucks, Toshiba, Welch’s, and Visa. The company is headquartered in Redmond, Wash., with international operations in London and Hyderabad, India.

Noetix is a registered trademark of Noetix Corp.

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