Panopticon reveals revolutionary new vision for business intelligence

Stockholm, Sweden, February 27, 2006 – Panopticon Software today unveiled Panopticon Explorer .NET, a new visualisation tool that could do for business intelligence what search engines did for the Internet. Already an established name in the world of banking and finance, Panopticon will bring the sophisticated technology used by financial institutions to the desktops of businesses and individuals everywhere.

Panopticon Explorer .NET uses advanced treemapping technology to bring business data to life. By creating clear, concise and customisable visual representations, Panopticon Explorer .NET transforms the analysis of complex data sets. A significant advance in business intelligence software, Panopticon's treemaps are a proven tool for analysts and enable anybody quickly and easily to make sense of large amounts of complex data.

"Three years of intensive development has produced a truly unique application that can be installed in a minute and make sense of a mass of data in 30 seconds," Panopticon CEO and co-founder Willem De Geer said. "As well as bringing a powerful new set of tools to a broad business community, Panopticon Explorer .NET does away with the laborious installation and high maintenance costs that have previously categorised this space."

Simple to install, Panopticon Explorer .NET is very easy to use, yet has the power to produce powerful results. The advanced technology at the core of Panopticon Explorer .NET is already used by Panopticon's clients in the financial sector, including JPMorgan Chase, Citigroup and Reuters.

"The release of Panopticon Explorer .NET brings the powerful and proven technology used by top-tier financial institutions to the wider business community," said Sam Giertz, Panopticon co-founder and vice president of sales. "This technology has been road-tested in the most demanding of conditions, providing valued analysis of complex data in fast-moving financial markets, but the list of potential applications is practically endless. Panopticon Explorer .NET can be used to look at all kinds of data from sales figures and customer relationship management information to racing car telemetry."

A stand-alone desktop application that can use a multitude of data sources - including Excel, Access, Sybase and SQL Server - Panopticon Explorer .NET combines a number of unique features that take business intelligence to the next level. Simply drag and drop data to instantly produce a treemap. Real-time data can also be combined using the premium version of Panopticon Explorer .NET. Collaboration is also supported: users can effortlessly share findings and analysis with colleagues by distributing live, annotated maps, easily and quickly sharing important conclusions. Any map can be saved to file using the current data and instantly sent to colleagues and clients. Importantly, this new audience will not require detailed knowledge or training on the complex analytic functions available in Panopticon Explorer .NET

Commenting on the significance of Panopticon Explorer .NET, De Geer said, "Progress in IT tends to come in incremental steps. This is one of those rare leaps that fundamentally changes how a task is performed and radically raises the bar in terms of performance."

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