JPMorgan launches CreditMap based on Panopticon's Heat Mapping technology

Stockholm, Sweden, March 31, 2003 – Panopticon, the provider of heat mapping solutions, today announces that JPMorgan has launched the "CreditMap" built on Panopticon's proprietary heat mapping technology.

JPMorgan has launched a heat mapping solution called CreditMap that will be used by their European Credit departments, including everyone looking at credit markets, e.g. Credit Analysts, Traders, Syndicates, Sales, and Debt Capital Markets. Externally the CreditMap has been launched to premier clients.

"Everyone here is tremendously excited about the CreditMap and we think that it will revolutionize the way people look at credit markets", says Lee McGinty, Vice President Quantitative Strategy at JPMorgan.

Panopticon's CreditMap makes it possible for JPMorgan and their clients to monitor all aspects of the credit market in one application. "Before implementing the CreditMap it was not possible to integrate live pricing, historical pricing, credit research and the online trading system. The CreditMap ties all systems together and makes it easy for the user to switch from one view to another", says Lee McGinty.

"JPMorgan is our first client in the Credit Area and we are very impressed with their end product", says Willem De Geer, President at Panopticon.

Panopticon has recently launched a new website that describes the various heat mapping solutions available to financial institutions.

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