FREIBURG, Germany, June 23, 2010 /PRNewswire/ -- Jedox publishes an important service release for the Open Source Business Intelligence Software Palo 3.1.

Palo for Excel 3.1 SR and Palo Suite 3.1 SR are now available for download, under http://www.jedox.com. The service release 1 improves performance as well as stability of Palo. Especially the performance of calculation within a cube and data driven analysis (ABC-, Top Ten -Analysis) was remarkably accelerated.

Palo the most recognized Open Source BI Solution for planning, analysis and reporting, clearly distinguishes itself from other Open Source BI providers by its In-Memory technology and the ability to write-back into the OLAP - Cubes. Palo is the only Open Source BI application that covers planning, budgeting and forecasting. Hence a modified interoperation with Open Source BI Products by Pentaho and Jaspersoft was implemented.

Palo is available in 2 versions: Palo for Excel and Palo Suite.

Palo for Excel is suitable for scenarios in which a central planning-, analysis-, and reporting application is to be installed in any department. Palo Suite however, suits businesses, whenever Palo is to be rolled out companywide as the central planning-, analysis-, reporting application.

About Jedox

Jedox, headquartered in Freiburg/Germany, with a subsidiary in France, is one of the leading suppliers of Open Source-based Business Intelligence and corporate performance management solutions in Europe.

Palo for Excel extends planning, analysis and reporting processes with Excel to a cost efficient BI Solution, whilst the Excel User Interface remains.

The Palo Suite contains all the Jedox standard applications, accommodates the entire range of BI and Corporate Performance Management requirements including planning, budgeting and forecasting, and is fully web-based. Companies successfully using Palo solutions include Bayer, Clariant, Nycomed, Otto Group and Vodafone.

(c) 2002-2010 by Jedox.

Leif Mergener Marketing Manager Jedox AG Tel: +49(0)761-151-47-214 M@il: leif.mergener@jedox.com

SOURCE: Jedox AG

CONTACT: Leif Mergener, Marketing Manager, Jedox AG, Tel:+49(0)761-151-47-214, M@il: leif.mergener@jedox.com