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Verix Releases New Version Of Software Providing Advanced Analytics

Mountain View, CA, October 24, 2007 – Verix announces the release of the newest version of its Verix Discovery Suite today.  Version 3.0 offers enhanced functionality for tracking performance changes and sharing information organization-wide.

Highlights include:

• Users can track sales performance shifts – not only are areas for concern presented to users as they are discovered, they can also be tracked from initial alert all the way to resolution.
• Sharing information is easier – users can select email addresses from a saved list and utilize email templates offered by the software to share important information, in addition to generating customizable reports available for offline use.
• Sales performance indicators can be compared visually – in one graph, users can select various measures to display for comparison purpose, for example sales vs. market share for the same product in multiple territories, regions or stores.
• A more robust engine – an enhanced engine that enables users to identify changes in sales performance quicker than ever before.

Discovery Suite v3.0 will become available on October 31, 2007.

“This new release adds important capabilities to assist organizations in learning about new opportunities and sales threats” said Doron Aspitz, president and CEO at Verix. “We continue to focus on addressing a fundamental problem in competitive businesses today.  There simply aren’t enough hours or people to perform the detailed, real-time analysis that organizations need in order to survive.”

While many organizations do their own analysis of sales data, the reports typically include standard, high-level information that is dated by the time it’s delivered.  Mr. Aspitz explains, “Large corporations use Verix for real-time alerts of sales performance changes.  They no longer have to sift through hundreds of sales reports, desperately trying to find critical sales information.  These firms are among the leaders in their industry, and that says something.”

The Verix Discovery Suite uses innovative algorithms to comprehensively analyze business information to discover performance changes in data. This patent-pending capability automatically analyzes data and requires no rules to maintain or technical models to build.  Rather, it learns from data to understand when a change in performance occurs.  Users enjoy the luxury of finally getting direct visibility into the business, highlighted presentation of important insights and causes of performance changes.

About Verix
Verix is an innovative new company which provides software that automates advanced analytics. The Verix Discovery Suite examines data from both internal and external sources to automatically discover changes in business drivers, identify the source of the change, and provide actionable information to take advantage of opportunities or respond to threats. Verix is delivered as a managed service that fits into existing business intelligence processes. Only Verix puts the power of advanced analytics in the hands of any business user with powerful algorithms packaged in a straightforward, Web-based interface. The results -- significant increases in the performance of your business. For more information, please visit www.verix.com.