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Acorn Systems Announces General Availability of Profitability Analysis and Optimization Software with Utilization-Driven Automatic Allocations

Houston, TX — August 16, 2004 — Acorn Systems, already the leader in scalable profit and cost analytics, today extended its lead in enterprise profitability and analytics software by releasing the Acorn Systems Enterprise Profit System™ (Acorn EPS™) 2.2 suite, which contains several important modeling innovations, all with the same focus of increased accuracy and decreased maintenance. The release includes new versions of Profit Analyzer™ 4.2, Acorn Reports™ 2.2, and Profit Optimizer™ 2.2, which further Acorn Systems’ market leadership in providing the highest return on investment at the lowest cost of ownership.

Acorn Systems has taken the guesswork out of Activity-Based Costing. The patent-pending Automatic Allocations™ introduced in this release assign department costs to the activities based on each activity’s actual utilization of the department’s resources. The advantage of this approach is two-fold: maintenance time drops to zero, while accuracy skyrockets. No surveys, guesswork, or averages are required. As an added bonus, this tight linkage between the activities and the department resources enables accurate capacity calculations and predictions.

“We asked our customers what features would deliver the quickest results to the greatest number of people in their enterprises,” said Leland Putterman, CEO of Acorn Systems, “With this release, Acorn Systems’ customers can increase their profits and make informed decisions, while simultaneously decreasing their total cost of ownership.”

This release offers best-of-breed support for complex enterprise deployments. Acorn Systems’ flexible approach ensures that multiple facilities are just as simple to set up and maintain as single-facility organizations. Modelers can use a template-based approach, storing the common elements in a central location, while each facility adds its own customizations. All reports run against the system are facility-specific, ensuring total security of the data.

Version 2.2 of the Acorn Systems EPS™ suite provides additional support for channel and segment analysis. Acorn customers can view channel or segment profitability in a whalebone chart or compare costs side-by-side in bar charts. Or for the ultimate in customized reporting, customers can create scatter plot charts with custom axis definition, and jump to the individual scorecards with a single click.

About Acorn Systems, Inc.
Acorn Systems is the leader in profit management and optimization solutions. Acorn Systems helps clients to measure, analyze, predict, and then optimize Net Operating Profits at any level of granularity desired including products, vendors, customers, even individual transactions, in order to maximize shareholder value. Acorn Systems' clients come from many industries, including Financial Services, Retail, Consumer Packaged Goods, Government, Telecommunications, Manufacturing, and Distribution in the Metals, Foods, Electronics, Paper, Healthcare and Chemicals industries. For more information, visit www.acornsys.com, or call 1-800-98ACORN.

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