Quantrix Receives 2009 Editor's Choice Award by Intelligent Enterprise Magazine

Quantrix selected as a “Company to Watch” in the Performance Management category in the publication’s annual awards for the most influential technology companies impacting smart enterprises

PORTLAND, ME – January 15, 2009 – Quantrix today announced that it has received a 2009 Editor’s Choice Award as a “Company to Watch” from InformationWeek Business Technology Network’s Intelligent Enterprise.  The publication annually presents awards to companies that provide exceptional vision, technology innovation, and customer leadership in attaining strategic objectives. Quantrix  develops business modeling and analytics software, Quantrix Modeler, which is used by companies in more than 50 countries to develop business and financial models that help them make better strategic and operational business decisions.

The Editors’ Choice Award recognizes Quantrix as a Company to Watch in its Performance Management category, and states the following:  “Business plans and assumptions are changing quickly these days, and nine times out of 10 the big decisions are made in spreadsheets. Trouble is, Excel is better at analyzing history than exploring many possible futures. Quantrix provides an in-memory planning and modeling alternative that lets users change assumptions and choose from among myriad business scenarios.”

The award selection was a collaborative endeavor, with extensive input from 12 Intelligent Enterprise contributors. Intelligent Enterprise Editor-in-Chief Doug Henschen was responsible for the final selection of award winners.

"Smart enterprises will have to make the most of technology to outmaneuver the competition and navigate the shoals of fast-changing and challenging economic conditions," said Doug Henschen, editor-in-chief, Intelligent Enterprise. "We present our 10th Annual Intelligent Enterprise Editors' Choice Awards to guide our readers toward innovative and influential vendors, whether large or small, that have been leading the way toward easier and more comprehensive use of information, deeper and timelier insight, and more flexible and efficient applications and business processes."

“Quantrix is honored to be recognized by InformationWeek Business Technology Network’s Intelligent Enterprise for this award,” says Chris Houle, CEO, Quantrix. “Accurate, flexible, and timely business and financial models are vital in today’s fluid business climate, and Quantrix is proud that our solution is helping companies of all sizes make the business decisions they need to thrive.”

A complete list of this year's honorees appears on IntelligentEnterprise.com at http://www.intelligententerprise.com/showArticle.jhtml?articleID=212800112.

Quantrix’s multi-dimensional business modeling and analytics software enables finance and operations professionals to break away from the performance restrictions of spreadsheets and the complexity issues of high end business intelligence applications.  Quantrix Modeler can be quickly deployed throughout the enterprise with bi-directional integration with existing data sources and applications.  Quantrix forms an integral part of an organization’s strategy for improving financial and operational performance.

About Intelligent Enterprise

Intelligent Enterprise is the only Web site dedicated to helping organizations unlock and deliver the strategic value of information so they can improve business processes and drive excellence through operational decision-making. Intelligent Enterprise's content offers a unique focus on how to apply leading-edge technologies to sharpen such business objectives as improving the customer experience, developing smarter marketing campaigns, streamlining supply chains, detecting high-risk or fraudulent activity and creating effective, performance-driven enterprises. Intelligent Enterprise delivers expert coverage and thought leadership through its Web site as well as through Webinars, e-newsletters and more. For more information, visit http://www.intelligententerprise.com/

About Quantrix

Quantrix delivers business modeling and analytics (BMA) solutions and services to customers in 50 countries with resellers in the United Kingdom, China, Australia, France, Germany, Mexico, Chile, Israel, South Africa, and Brazil. Quantrix Modeler provides unprecedented business insight by enabling companies to develop accurate, secure, and dynamic forecast, budget, planning, risk, and data models. Quantrix Modeler delivers rapid return on investment by empowering businesses to break away from restrictive two-dimensional spreadsheets and complicated modeling and business intelligence tools. For more information about Quantrix Modeler, to inquire about a speaker for your event, or to activate a free 30-day trial, visit www.quantrix.com or call +1 207.775.0808.

Media Contact for Quantrix:

Alison Harris

Harris Media Services

+1 207.829.4500

alison@harrismediaservices.com