Panopticon’s treemapping software to be used by Bear Stearns

Stockholm, Sweden, May 9, 2005 – Panopticon, the leading supplier of real-time visualization tools to the world's financial markets, today announced that Bear, Stearns & Co. Inc., a leading global investment banking, securities trading and brokerage firm, has chosen Panopticon as a primary real-time visualization solution.

"Giving our clients and internal users access to the latest in visualization technology will allow them to act more efficiently and quickly on the data that they are being presented with. After a thorough evaluation of the marketplace we opted for Panopticon's visualization solutions based upon their performance numbers and their universal accessibility from different technology platforms" says Jerome Downey, senior managing director, Bear, Stearns & Co. Inc.

There are a number of areas around the firm where treemapping software offers the ideal solution. Certain areas of the firm use applications for real-time market data feeds as well as proprietary information. Using Panopticon's treemapping software in conjunction with these applications makes it possible to get an instant overview of all this information on just one screen.

Willem De Geer, CEO Panopticon, says, "I am very proud to have Bear Stearns as one of our customers. Adding our treemapping software to their global application set enhances critical business processes. Panopticon provides an instant overview and greater comprehension of the market turning data into knowledge."

About Panopticon

Panopticon offers Visual Business Intelligence software for financial institutions, telecommunications firms and other organizations that must make decisions based on very large datasets and real-time streaming data feeds. The company offers a variety of enterprise and desktop products as well as a comprehensive SDK that allows clients to integrate Panopticon’s visualization technology with their own systems and workflows. Panopticon and its clients have won several technology awards from Euromoney and The Banker for their implementations of Panopticon technology. Clients include JP Morgan, Fidelity, Reuters, and Citi. The company has offices in New York, London and Stockholm.

All trademarks used herein, whether recognized or not, are the properties of their respective companies.

For more information, contact:

In Europe:
Robert Ekström, CEO, email: robert.ekstrom _at_ panopticon.com, Tel: +46 (0)8 53 480 480
Panopticon Software AB, Brunnsgatan 9, SE-111 87 Stockholm, Sweden

In the US:
Sam Giertz, President, email: sam.giertz _at_ panopticon.com, Tel: +1 212 907 6420
Panopticon Software USA, The Chrysler Center, 405 Lexington, 26th Floor
New York, NY 10174 USA