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To: ouija who wrote (26191)	12/11/1998 10:07:00 AM
From: ArtAlley	Respond to of 119973

APLX...Microsoft 'giantkiller' buys Educom's software sales business Applix and Educom Business Solutions Announce Joint Sales Agreement WESTBORO, Mass.--(BUSINESS WIRE)--Dec. 10, 1998--Applix, Inc. (NASDAQ:APLX - news), the leader in real-time online analytical processing (OLAP) applications and the first to market an OLE DB for OLAP compliant engine, and Educom Business Solutions, a leading software training and consulting organization, today announced the immediate sale of Educom's TM1 OLAP software sales business to Applix, Inc. With this agreement, Applix and its designated resellers will provide direct TM1 product fulfillment to Educom's worldwide customer base, including such multinational companies as AT&T, Ernst & Young, Exxon, PricewaterhouseCoopers, Phillip-Morris, United Nations, Bristol-Meyers Squibb, Bankers Trust, Ericsson, and Lego. This sale will provide customers with a direct link to Applix TM1, responsible for many key international customer accounts, while maintaining the service relationship they enjoy with Educom Business Solutions. Educom Business Solutions will continue its role as consultant and integration provider for its TM1 customer base. About Educom Business Solutions Educom Business Solutions is leading provider of software consultation, integration and training worldwide. A multi-million dollar international solutions organization, Educom has offices in the United States and throughout Australia as well as in Canada, Denmark, Hong Kong, Singapore and the United Kingdom. More information can be found at www.educom.com.au About TM1: Pioneering RAM-Based OLAP for Enterprise-wide Analysis Since 1984, TM1 has advanced the art of RAM-based OLAP for real-time analytical processing, targeting the financial OLAP class of applications. Applix TM1 has patented technology that makes real-time OLAP feasible, including calculation in memory, cell-based multidimensional rules, and security. With the introduction of two-way replication, TM1 is the only OLAP environment designed for real-time, collaborative financial applications for workgroups and the enterprise. Applix TM1 is also the first OLAP engine to implement Microsoft's OLE DB for OLAP standard, allowing its powerful OLAP engine to work with a multitude of front-end clients for reporting and web browsing. More than 3,000 companies worldwide benefit from TM1's real-time analytical processing. Without waiting, Applix TM1 delivers results to the hardest questions, and gives users control over vast amounts of rapidly changing data.