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Acorn Systems Unveils Next Generation of Leading Profit Analytics SoftwareHouston, Texas — November 1, 2003 — Acorn Systems, the leader in profit management solutions, announced availability of Version 2.0 of the Acorn Enterprise Profit System (EPS). Acorn EPS is an advanced profit analytics software solution that helps companies identify, understand and fix the sources of profit leaks. As part of this release, Acorn unveils the next generation of Profit Analyzer, Version 4.0. The newest version of Profit Analyzer provides a web-based interface through which customers can more accurately model the costs of their business processes than ever before. "Acorn EPS 2.0 extends our ability to deliver timely profit information to employees on the front lines with unprecedented performance and scalability," said Leland Putterman, CEO of Acorn Systems. "Our profit analytics platform allows companies to share information that enables them to determine, where they are making and losing money with virtually every employee in the company. By placing this information in the hands of those whose decisions determine profitability, our customers can affect the critical changes necessary to dramatically increase their profitability." The software offers enhancements that aid companies in modeling the variability in the cost of their business processes. Companies can now use time standards to measure the capacity and contributions of their departmental resources. Acorn has also combined a collaborative multi-user modeling capability with a sophisticated change tracking system that allows companies to more effectively manage changes to their cost analysis system, including the audit features required by recent regulatory events. Other additions include enhancements to security, multi-dimensional analytical reporting, modeling wizards and other convenience features that simplify the modeling of complex cost flow relationships. "There's no question that the new Profit Analyzer lowers our customers' total cost of ownership even further," says Torsten Weirich, Executive Vice President of Product Development at Acorn Systems. "If you take a look at the power of our advanced data architecture, true enterprise-scale analytical reporting and our new multi-user modeling tool, it’s clear we continue to deliver on our vision to provide advanced profit analytics to every desktop in the enterprise in the most cost-effective manner possible." In addition to the Profit Analyzer enhancements, Acorn has also embedded the latest version of the reporting engine from Actuate Corporation. Acorn bundles Actuate's iServer reporting system to offer its customers a robust and scalable enterprise reporting solution with Acorn-driven advanced profit analytics. The software also includes Acorn’s patent-pending cost simulation and optimization tool, Profit Optimizer, which allows customers to simulate changes to their business in order to see the impact on profitability before implementing them. This allows companies to avoid costly mistakes. Availability About Acorn Systems, Inc.
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