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NEWS
Quantrix signs agreement with UCMS Group EMEA to provide Quantrix Modeler in Russia and CIS
Portland, ME – December 18, 2006 – Quantrix today announces that it has signed a strategic partnership with UCMS Group EMEA (“UCMS”), a global provider of business process outsourcing and on demand, business software-as-a-service solutions, to become a distributor of the Quantrix Modeler in Russia and Commonwealth of Independent States (“CIS”). Quantrix Modeler is a desktop business modeling & analytics software application that goes beyond traditional spreadsheet technology to enable professionals to develop models in greater depth and from multiple perspectives, while improving productivity, accuracy, and transparency.
UCMS has translated the Quantrix Modeler user interface into Russian, and will continue to develop other localized versions of the Quantrix Modeler to spearhead marketing efforts throughout Russia and the CIS.
“Russia is an important growth market for Quantrix, and we are excited to select UCMS EMEA as our distributor. UCMS has great experience and a strong management team servicing clients in Russia and Eastern Europe. Integration with the UCMS’ business solutions will be an added value to the customers of both companies,” said Chris Houle, CEO of Quantrix.
“We started using Quantrix for our own business planning and forecasting, and found that it provides many benefits over traditional spreadsheets. Quantrix is intuitive and easy to learn, and we found that one can quickly develop complex multi-dimensional modules. It therefore made a lot of sense to offer Quantrix to our customers as well and as part of this agreement, we will launch a Russian language version of the system and provide local customer support and services,” commented Steve Collins, COO of UCMS Group.
Quantrix Modeler incorporates a unique approach that separates the logic of a model from the structure, which allows users to create and use formulas outside the confines of the cell. Formulas are expressed in words rather than by cell coordinates so they are easy to understand, trace, and audit. Users can make changes, incorporate new dimensions, and view multiple scenarios dynamically without redesigning or reworking their model. In addition to the core application, Quantrix offers an API (QAPI) that allows third-party developers to embed Quantrix into their software applications.
About UCMS Group
The UCMS Group is a global leader providing Business Processes Outsourcing (BPO) and related consulting services. Founded in 1995, the company now has more than 2,000 employees providing services for Blue Chip global and public sector clients. UCMS Group EMEA’s primary business focus is to provide HR and Payroll Administration Outsourcing Services. Employing its innovative Software-as-a-Service (SaaS) architecture, UCMS delivers end-to-end, on-demand solutions that provide the scalability and flexibility to meet today's demanding business requirements to promote rapid return on investment. For more information, visit www.UCMS.net.ru, or call +7 (495) 780-0431, Laura Dedovich.
About Quantrix
Quantrix is an emerging leader in delivering modeling software and services to the world's most successful companies. With customers in more than 40 countries, Quantrix empowers organizations to reach new levels of business insight and competitive advantage. An easy-to-use interface and powerful, multidimensional calculation engine allows professionals to quickly push beyond the limits of traditional spreadsheets. Its flagship product, Quantrix Modeler™, enables organizations to explore multiple dimensions simultaneously, define formulas with words rather than coordinates, and easily create new scenarios without rewriting or restructuring models. For Customer Success Stories and more information on Quantrix and our Partners, please visit
www.quantrix.com or call 207-775-0808.
Media Contact for Quantrix :
Alison Harris
Harris Media Services
207.829.4500
alison@harrismediaservices.com
Contact for UCMS Group EMEA:
Laura Dedovich, +7 (495) 780-0431
ucms.russia@UCMS.net
UCMS has translated the Quantrix Modeler user interface into Russian, and will continue to develop other localized versions of the Quantrix Modeler to spearhead marketing efforts throughout Russia and the CIS.
“Russia is an important growth market for Quantrix, and we are excited to select UCMS EMEA as our distributor. UCMS has great experience and a strong management team servicing clients in Russia and Eastern Europe. Integration with the UCMS’ business solutions will be an added value to the customers of both companies,” said Chris Houle, CEO of Quantrix.
“We started using Quantrix for our own business planning and forecasting, and found that it provides many benefits over traditional spreadsheets. Quantrix is intuitive and easy to learn, and we found that one can quickly develop complex multi-dimensional modules. It therefore made a lot of sense to offer Quantrix to our customers as well and as part of this agreement, we will launch a Russian language version of the system and provide local customer support and services,” commented Steve Collins, COO of UCMS Group.
Quantrix Modeler incorporates a unique approach that separates the logic of a model from the structure, which allows users to create and use formulas outside the confines of the cell. Formulas are expressed in words rather than by cell coordinates so they are easy to understand, trace, and audit. Users can make changes, incorporate new dimensions, and view multiple scenarios dynamically without redesigning or reworking their model. In addition to the core application, Quantrix offers an API (QAPI) that allows third-party developers to embed Quantrix into their software applications.
About UCMS Group
The UCMS Group is a global leader providing Business Processes Outsourcing (BPO) and related consulting services. Founded in 1995, the company now has more than 2,000 employees providing services for Blue Chip global and public sector clients. UCMS Group EMEA’s primary business focus is to provide HR and Payroll Administration Outsourcing Services. Employing its innovative Software-as-a-Service (SaaS) architecture, UCMS delivers end-to-end, on-demand solutions that provide the scalability and flexibility to meet today's demanding business requirements to promote rapid return on investment. For more information, visit www.UCMS.net.ru, or call +7 (495) 780-0431, Laura Dedovich.
About Quantrix
Quantrix is an emerging leader in delivering modeling software and services to the world's most successful companies. With customers in more than 40 countries, Quantrix empowers organizations to reach new levels of business insight and competitive advantage. An easy-to-use interface and powerful, multidimensional calculation engine allows professionals to quickly push beyond the limits of traditional spreadsheets. Its flagship product, Quantrix Modeler™, enables organizations to explore multiple dimensions simultaneously, define formulas with words rather than coordinates, and easily create new scenarios without rewriting or restructuring models. For Customer Success Stories and more information on Quantrix and our Partners, please visit
www.quantrix.com or call 207-775-0808.
Media Contact for Quantrix :
Alison Harris
Harris Media Services
207.829.4500
alison@harrismediaservices.com
Contact for UCMS Group EMEA:
Laura Dedovich, +7 (495) 780-0431
ucms.russia@UCMS.net

