Reuters OEM Panopticon's Heat Mapping technology

Reuters will offer Panopticon's software to all Nordic customers

Stockholm, Sweden, March 3, 2004 – Panopticon Software, the heat mapping vendor, today announced a partnership with the leading market data provider Reuters. The contract enables Reuters to generate additional revenue by distributing Panopticon's software to all Reuters' customers in the Nordic region.

Panopticon's proven heat mapping technology will first be embedded into version 2.6 of Reuters First product, scheduled to be released during February 2004, and later on this year with Reuters 3000Xtra and Reuters Kobra in the Nordic market.

"Our clients have been asking for heat mapping, so we reviewed the market leaders and made a decision to partner with Panopticon since their software is recognized as industry leading internationally. Heat Mapping is a phenomenal interface to market data, allowing users to get an immediate overview of real-time data which strongly enhance our product offering and gives us a competitive edge," said Loris Barisa, Managing Director, Reuters Svenska AB.

"Reuters is the recognized leader for market data in financial services and we are delighted that they have chosen to embed Panopticon's software in all Nordic products," said Sam Giertz, VP Sales, Panopticon Software AB. "The contract is of high value to us, both in the Nordic region as well as the potential for a world wide distribution within Reuters".

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