LOS GATOS, Calif., Dec. 21 /PRNewswire/ -- Red Brick(R) Systems, Inc.
(Nasdaq: REDB) today announced a strategic partnership with CorVu
Corporation(TM) to deliver business performance management (BPM) solutions
integrated with Red Brick's high-performance data warehousing products. The
BPM solutions powered by Red Brick are designed to give business managers the
ability to quickly analyze their enterprise corporate data in order to improve
business processes.
CorVu's solutions that integrate Red Brick DecisionScape(SM) data
warehousing products include end user query, production reporting, executive
alerting, OLAP analysis, forecasting, "what-if" analysis (simulated business
modeling), and automated Balanced Scorecard applications. CorVu's services
and consulting will integrate and deploy the appropriate business solutions
based on customer need and the goal of providing improved business
intelligence and a rapid return on investment.
Red Brick DecisionScape includes integrated products, services,
methodology and partnerships designed specifically for data warehousing and
decision support projects. Red Brick's history of expertise and innovative
technology for data warehousing provides a rich and comprehensive base on
which to build successful business analytic solutions.
"CorVu delivers a high-value business performance solution and we are very
pleased to incorporate our high-end technical platform to help increase
application cost-efficiency and overall performance in analysis and
management," said Paul Rodwick, vice president of Marketing at Red Brick.
"The speed of performance and high scalability of the Red Brick data
warehouse-focused products are a perfect complement to the CorVu product set,"
said Alan Missroon, vice president of Marketing at CorVu. "Our customers need
the quickest access to and the most up-to-date information possible, in order
to correctly assess their business performance."
The Red Brick - CorVu Partnership Agreement
The Red Brick - CorVu partnership makes Red Brick products available for
resale through CorVu's business solutions. CorVu offers an integrated
Business Intelligence application suite for enterprise decision support (DSS),
a CorVu Web Server to support the DSS applications using ActiveX technology
and a Balanced Scorecard System to assist in the automation of a performance
management system.
Red Brick offers software products designed specifically for data
warehousing and decision support. Red Brick Warehouse is an open relational
database management system built entirely to support data warehousing. Red
Brick Warehouse offers significant capabilities for a data warehousing
environment such as:
* A family of leading, unique join and indexing technologies
* A high-performance loader
* Red Brick Vista_, server-integrated aggregate navigation and management
* Intelligent parallelism
* Red Brick Warehouse Administrator(TM), a GUI administration tool
* Real-time data updates with query concurrency
* Superior support for very large, complex data models and high numbers of
users
Red Brick Formation(TM) is a data extraction, transformation and movement
tool designed to ease complex data transformations for large amounts of data
in an easy-to-use, graphical, data flow paradigm.
Red Brick also offers SQL-BackTrack(TM) for Red Brick Warehouse, a leading
backup and recovery solution for very large database administration
requirements.
About CorVu Corporation
CorVu is the only supplier in the world today with a comprehensive set of
integrated business performance management solutions designed for OLAP query
and reporting, executive dashboard alerts, forecasting, and Balanced Scorecard
automation. CorVu has U.S. offices in Minneapolis, Atlanta, Boston, Dallas,
Los Angeles, San Francisco, and Washington D.C.; Australian offices in Sydney,
Melbourne, Brisbane and Perth; and European offices in London and Rotterdam.
With more than 2000 customers, including companies such as BHP, Datacard,
Mincom, Prudential, Johnson & Johnson, Unisys, Ford Motor Company and BF
Goodrich, CorVu's Business Performance Management and Balanced Scorecard
solutions are gaining broad market acceptance. Additional information about
CorVu products and services can be found on CorVu's Web site at
http://www.corvu.com or call 800-610-0769.
About Red Brick
Red Brick Systems, Inc. is a premier provider of data warehousing
solutions. Through Red Brick DecisionScape, a comprehensive, integrated
environment of products, services, methodology and partnerships, Red Brick
helps its customers and partners improve the quality, speed and accuracy of
their business decision-making. Red Brick's leading expertise and innovative,
server-integrated technology deliver scalable decision support solutions for
data warehousing, data marts, OLAP and data mining.
Information about Red Brick is available on the World Wide Web at
http://www.redbrick.com. News releases and corporate background information may also
be retrieved by fax. For an index of available materials, please call
800-758-5804, and enter PIN #105756.
NOTE: Red Brick and the Red Brick logo are registered trademarks, Red
Brick Vista, Red Brick Formation, Red Brick Data Mine and Red Brick Warehouse
Administrator are trademarks and Red Brick DecisionScape is a service mark and
a trademark of Red Brick Systems, Inc. SQL-BackTrack is a trademark of BMC
Corporation. All other trademarks and registered trademarks are the property
of their respective holders. CorVu is a trademark of CorVu Corporation.
Except for the historical information contained herein, the matters
discussed in this news release include forward-looking statements that involve
risks and uncertainties described from time to time in Red Brick's filings
with the Securities and Exchange Commission (SEC). We refer you to the "Risk
Factors" in the most recent Annual Report filed with the SEC on Form 10-K for
the year ended December 31, 1997 and the most recent Quarterly Report filed
with the SEC on Form 10-Q for the quarter ended June 30, 1998. These
documents contain and identify important factors that could cause the actual
results to differ materially from those contained herein, including, without
limitation: Competition; Sales and Marketing Repositioning; Dependence on New
Products and Rapid Technological Change; Feasibility of In-Process Technology;
Dependence upon Key Personnel; and Dependence on Continued Growth of the Data
Warehouse Market.
SOURCE Red Brick Systems, Inc.
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Related links: http://www.redbrick.com
Company News On-Call: http://www.prnewswire.com/comp/105756.html or fax, 800-758-5804, ext. 105756
CONTACT: Carolyn Hughes of Red Brick Systems, Inc., 408-399-7216, or chughes@redbrick.com; or Alan Missroon of CorVu Corporation, 770-993-5995, or amissroon@corvu.com
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