Adaytum Secures $5 Million In 10 New Contracts For Adaytum e.Planning Encompassing Thousands of Users

Adoption By Pfizer, Lucent, ADC, Accenture, Tenovis, and ADP Canada

Underscore Growing Momentum of Highly Scalable Adaytum Solution

For Enterprise Business Planning



Apr 17, 2001, 01:00 ET from Adaytum

    MINNEAPOLIS, April 17 /PRNewswire/ -- Adaytum, a leading provider of Web-
 based business planning solutions, today announced it has secured a series of
 10 major enterprise licensing agreements with leading global companies --
 including seven Fortune 500 corporations-- for its acclaimed Adaytum
 e.Planning enterprise business planning (EBP) solution.
     Collectively, the agreements span thousands of users at global sites -
 including several deployments of 1,000-3,000 users each - and represent a
 combined value of more than $5 million.  The new sales are the latest evidence
 of a surging market demand for new EBP solutions and confirm the growing
 adoption of Adaytum e.Planning as the leading EBP provider across a broad
 range of industry sectors, particularly where large-scale implementations are
 required.
     Recently, Adaytum has secured licensing agreements with Pfizer, Lucent,
 ADC, Accenture, Tenovis, and ADP Canada, as well as four other undisclosed
 Fortune 500 companies.
     Adaytum e.Planning is the industry's first and only proven scalable Web-
 based solution for enterprise business planning.  With modules for
 participation from analysts, contributors, executives, and administrators, it
 combines top-down planning and modeling with bottom-up budget collection,
 sales forecasting, and workflow. The new Adaytum customers will each implement
 -- many with the assistance of Adaytum's professional services organization --
 their own customized business planning solutions that meet their
 organizations' unique challenges.
 
     * Lucent -- Deploying across all divisions, the telecom equipment leader
       will make Adaytum e.Planning a centerpiece of its "e-Visible" project,
       using it to perform operational planning, monthly forecasts, and
       performance analytics.
     * ADC --  As a global leader in equipment, software, and services for
       broadband networks, ADC will use Adaytum e.Planning to replace its
       current spreadsheet system, extending planning to more than 1,500 global
       users in three diverse business units.
     * Accenture -- Under the Financial Forecasting and Planning initiative,
       this 2,000-user license will be the planning, budgeting, and forecasting
       core to developing quarterly forecasts and the annual operating plan.
     * Tenovis -- The telecommunications giant (formerly known as Bosch
       Telecom) has selected Adaytum e.Planning to support its budgeting,
       forecasting, and planning requirements by enabling 1,000 sales, cost
       center, and business unit managers across Europe to enter and analyze
       sales and cost data through a corporate intranet.
     * ADP Canada -- Deployment of Adaytum e.Planning will involve 250 cost
       centers, with 1,600 contributing associates, scattered across six
       geographical regions allowing this payroll processing leader immediate
       access to critical financial data.
 
     Also, Pfizer and four additional Fortune 500 firms in energy,
 pharmaceuticals, and high technology industries will begin major rollouts of
 Adaytum e.Planning for undisclosed strategic applications encompassing
 thousands of users.
     "The growing momentum of Adaytum e.Planning among some of the world's
 best-known and most highly respected companies across industries and markets
 is a tremendously important and exciting validation of both the EBP market and
 our uniquely scalable solution," said Guy Haddleton, chief executive officer
 of Adaytum.  "The quality and prestige of these organizations is ample
 testimony of the strong appeal of our unique value proposition.
     "The strong adoption we're seeing is directly correlated to our ability to
 respond to the pressing need of enterprises to gain real-time foresight -- a
 single view of future operating performance.  As the pressure to hit earnings
 estimates grows, enterprises are turning to Adaytum to leverage the insights
 of hundreds or thousands of their employees around the world and make proper
 course corrections when unforeseen challenges arise."
 
     About Adaytum
     Adaytum provides Internet-based enterprise business planning software that
 allows organizations to plan, track, analyze, and forecast key business
 activities in a proactive and collaborative manner. The choice of more than
 22,000 users in 1,200 pace-setting organizations around the world, Adaytum is
 headquartered in the U.S., and has offices in the U.K., The Netherlands, and
 Australia, and has 22 distributors worldwide.  For more information, please
 visit www.adaytum.com .
 
     Adaytum is a trademark of Adaytum.  All other trademarks or registered
 trademarks are property of their respective holders.
 
 

SOURCE Adaytum
    MINNEAPOLIS, April 17 /PRNewswire/ -- Adaytum, a leading provider of Web-
 based business planning solutions, today announced it has secured a series of
 10 major enterprise licensing agreements with leading global companies --
 including seven Fortune 500 corporations-- for its acclaimed Adaytum
 e.Planning enterprise business planning (EBP) solution.
     Collectively, the agreements span thousands of users at global sites -
 including several deployments of 1,000-3,000 users each - and represent a
 combined value of more than $5 million.  The new sales are the latest evidence
 of a surging market demand for new EBP solutions and confirm the growing
 adoption of Adaytum e.Planning as the leading EBP provider across a broad
 range of industry sectors, particularly where large-scale implementations are
 required.
     Recently, Adaytum has secured licensing agreements with Pfizer, Lucent,
 ADC, Accenture, Tenovis, and ADP Canada, as well as four other undisclosed
 Fortune 500 companies.
     Adaytum e.Planning is the industry's first and only proven scalable Web-
 based solution for enterprise business planning.  With modules for
 participation from analysts, contributors, executives, and administrators, it
 combines top-down planning and modeling with bottom-up budget collection,
 sales forecasting, and workflow. The new Adaytum customers will each implement
 -- many with the assistance of Adaytum's professional services organization --
 their own customized business planning solutions that meet their
 organizations' unique challenges.
 
     * Lucent -- Deploying across all divisions, the telecom equipment leader
       will make Adaytum e.Planning a centerpiece of its "e-Visible" project,
       using it to perform operational planning, monthly forecasts, and
       performance analytics.
     * ADC --  As a global leader in equipment, software, and services for
       broadband networks, ADC will use Adaytum e.Planning to replace its
       current spreadsheet system, extending planning to more than 1,500 global
       users in three diverse business units.
     * Accenture -- Under the Financial Forecasting and Planning initiative,
       this 2,000-user license will be the planning, budgeting, and forecasting
       core to developing quarterly forecasts and the annual operating plan.
     * Tenovis -- The telecommunications giant (formerly known as Bosch
       Telecom) has selected Adaytum e.Planning to support its budgeting,
       forecasting, and planning requirements by enabling 1,000 sales, cost
       center, and business unit managers across Europe to enter and analyze
       sales and cost data through a corporate intranet.
     * ADP Canada -- Deployment of Adaytum e.Planning will involve 250 cost
       centers, with 1,600 contributing associates, scattered across six
       geographical regions allowing this payroll processing leader immediate
       access to critical financial data.
 
     Also, Pfizer and four additional Fortune 500 firms in energy,
 pharmaceuticals, and high technology industries will begin major rollouts of
 Adaytum e.Planning for undisclosed strategic applications encompassing
 thousands of users.
     "The growing momentum of Adaytum e.Planning among some of the world's
 best-known and most highly respected companies across industries and markets
 is a tremendously important and exciting validation of both the EBP market and
 our uniquely scalable solution," said Guy Haddleton, chief executive officer
 of Adaytum.  "The quality and prestige of these organizations is ample
 testimony of the strong appeal of our unique value proposition.
     "The strong adoption we're seeing is directly correlated to our ability to
 respond to the pressing need of enterprises to gain real-time foresight -- a
 single view of future operating performance.  As the pressure to hit earnings
 estimates grows, enterprises are turning to Adaytum to leverage the insights
 of hundreds or thousands of their employees around the world and make proper
 course corrections when unforeseen challenges arise."
 
     About Adaytum
     Adaytum provides Internet-based enterprise business planning software that
 allows organizations to plan, track, analyze, and forecast key business
 activities in a proactive and collaborative manner. The choice of more than
 22,000 users in 1,200 pace-setting organizations around the world, Adaytum is
 headquartered in the U.S., and has offices in the U.K., The Netherlands, and
 Australia, and has 22 distributors worldwide.  For more information, please
 visit www.adaytum.com .
 
     Adaytum is a trademark of Adaytum.  All other trademarks or registered
 trademarks are property of their respective holders.
 
 SOURCE  Adaytum