FREIBURG, Germany, July 29, 2010 /PRNewswire/ -- Business Intelligence software developer, Jedox AG, and the Auditing-and Consulting-Company PricewaterhouseCoopers AG (PWC) extend their offer of applications for efficient corporate management, which PwC and Jedox have started a year ago, releasing a Treasury Intelligence Application. Based on the technology provided by Jedox, PwC has developed further products for risk- management and coporate- reporting. The growing demand of customers has drawn the co-operation partners to offer further corporate management tools, based on the knowledge and expertise of PwC and the technology of Jedox. The new developments include ratio systems to improve performance measures (Balance Score Card, value-driver-hierarchy) and integrated corporate- and financial- planning.

Thomas Schräder, head of corporate treasury solutions with PricewaterhouseCoopers, explains: We have entered the market at the right time with our treasury solution; and since the beginning of the financial crisis our customers have continuously asked for a risk-management tool. We are sensing a significant demand for flexible applications on basis of the Palo technology, which enable us to manage special requests of complex financial nature individually and efficiently. Hence we have decided to expand our engagement in these solution-based applications. Kristian Raue, CEO of Jedox , draws a positive conclusion of the co-operation so far: The success of the treasury intelligence solution proves, that our IT-concept is on the right track: specific applications for complex topics, with high usability and easy administration are feasible.

The technological basis of the solution products is the premium edition of Palo Suite, the business intelligence solution developed by Jedox. The Palo Suite enables you to turn your Excel based applications into professional web-based database applications instantly.

Press Contact Jedox AG Leif Mergener tel: +49(0)761-151-47-214 Email: leif.mergener@jedox.com Internet: http://www.jedox.com

SOURCE: Jedox AG

CONTACT: Press Contact: Jedox AG, Leif Mergener, tel:+49(0)761-151-47-214, Email: leif.mergener@jedox.com