La Suisse Insurance launches
Panopticon's Spreadsheet Mapper for business control

Spreadsheet Mapper provides La Suisse with a quick budget overview
and allows controllers become proactive rather than reactive

Stockholm, Sweden, April 13, 2004 – Panopticon, the heat mapping vendor, today announced that «La Suisse» Insurance, a Swiss insurance company, has chosen Panopticon's Spreadsheet Mapper software for budget control and follow up, enabling quick reactions to potential deviations from a forecasted budget in the organization.

«La Suisse» is using Spreadsheet Mapper to visualize performance against budget, enabling the company to immediately see how its departments are performing. Prior to Spreadsheet Mapper the follow up was done in Excel with data coming from Access and operational systems. The budget was previously presented in the traditional way with numbers in columns and rows.

"Panopticon's Spreadsheet Mapper helps our controllers to quickly get an overview of spending against budget and allows us to more easily detect discrepancies and react before overspending in one department becomes an issue," said Gabriel Fuchs, Senior Manager at «La Suisse» who is responsible for implementing Spreadsheet Mapper.

"The function in heat mapping that really got us hooked was the aggregation of percentage. With the heat map you don't have to predefine the percentage value for each step in the hierarchy since this is done automatically, both on aggregated and detailed levels. This saves a lot of time for controllers and allows us to make well informed decisions," Fuchs said.

"«La Suisse» is our first customer in the insurance business and they have created unique applications for their vertical. This shows that Panopticon's software can be used in versatile business areas where you want to visualize and quickly get an overview of your data," said Panopticon's CEO Willem De Geer.

About La Suisse Assurances

La Suisse Insurance is a Swiss insurance company covering life and non-life insurances for private persons and enterprises. La Suisse Insurance revenues reached 1.2 billion Swiss francs in 2003.

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