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Knowledge Relay Introduces EVS(TM) 2.0 and TraceNet

Groundbreaking New Release Dramatically Reduces Cost and Complexity of Deployment

CYPRESS, CA -- (MARKET WIRE) -- 01/02/08 -- Knowledge Relay LLC, a leading provider of business intelligence (BI) for program management (PM) software, today announced general availability of EVS 2.0, the industry's first software designed to relay information to thousands of users at the lowest possible total cost of ownership (TCO).

According to a 2006 study by IDC, only 15% of employees in an average organization have access to BI information. Use of BI technology has generally been limited to knowledge workers in corporate functions, such as financial planning or marketing, because traditional BI technology is too costly to deploy to large numbers of operational users. Companies have also found that operational workers in functional areas such as logistics or call centers often lack the necessary skills to handle BI software that was designed for analysts and power users.

EVS removes the barriers to widespread BI for PM adoption with its revolutionary web-based, client-server software that assembles data from multiple sources (e.g. SAP, Siebel, Primavera, and others) to produce intelligent reports. When companies are empowered to assemble data from all their different systems and combine it together in a single report, they are able to make better decisions, faster, and gain a significant competitive advantage.

How EVS Works

EVS allows enterprises to set up connectors to one or more open data sources, relate the sources to each other and produce live reports. Reports can take on many forms, including tabular, bar, line, bubble, Gantt, PERT, and more. Via a web browser-based interface, reports can be set up to run automatically from the web server, produce Adobe Acrobat(TM) PDF files, and send emails to those specified on distribution lists.

When needed, EVS calls upon client-side computer workstation resources to enhance the interactive user experience. It strikes a balance between what is best done by a server and what is best handled by client workstations.

How EVS Ties into Existing Systems

EVS acts as a presentation layer that works in conjunction with the other systems deployed in an enterprise. It brings the data together from ERP, CRM, Project Management, and other systems and creates highly visual displays of how the information from all of these systems is related. Typically, connections are created between data sources, and data is aggregated into a single location for EVS to use. EVS was built from the ground up to deliver fresh information to massive numbers of users, while delivering these capabilities in a product that dramatically reduces the cost and complexity of deployment.

"EVS 2.0, the latest of Knowledge Relay's breakthrough technology, gives companies the ability to roll out BI for PM to their entire organization for a fraction of the cost of traditional BI solutions," said Steven Mauss, president and chief operating officer of Knowledge Relay. "EVS enables companies to provide up-to-the-minute business information to thousands of operational workers, empowering decision-makers across the organization to spot emerging trends, immediately take action when problems arise and positively affect their company's bottom line. This approach represents a quantum leap over the capabilities of traditional BI solutions."

Self-Service, Scalable BI System with Low TCO

EVS was architected specifically for large-scale operational BI deployments and provides continuous integration of operational and historical data, time-based calculations, business rules processing and event-driven alerting. Dashboard technology displays information in an intuitive, personalized format so that any user can immediately see what is happening in the key areas of business operations. EVS delivers this information to users in remarkable time regardless of user volume.

EVS in Action

Randy Buckhalter, a noted consultant in the nuclear power industry recently implemented a new system to handle the increased volume and complexity of his client's reporting and is utilizing EVS to give the company immediate visibility into system performance and provide front-line decision-makers with instant access to the information they need to keep the system up and running.

"Our existing BI systems provide historical analysis and periodic reporting, but EVS was the only product that could give us the up-to-the-minute visibility. Knowledge Relay's reports are intuitive and clear -- our team doesn't have to perform in-depth analysis to get the answers we need to make decisions. This is of tremendous value to my client as a leading nuclear power plant," said Buckhalter.

About Knowledge Relay

Knowledge Relay is a leading provider of business intelligence (BI) for program management (PM) solutions. Knowledge Relay technology is the foundation of EVS, the industry's first BI for PM software that enables companies to provide up-to-the-minute business information to thousands of operational workers, empowering decision-makers across the organization to spot emerging trends, immediately take action when problems arise and positively affect their company's bottom line. Knowledge Relay customers include Exelon, Energy Northwest, Northrop, PG&E and others. Knowledge Relay is a privately held company based in Cypress, California. For more information about Knowledge Relay, please visit www.knowledgerelay.com.

Contact:
Karen Blakely
Director of Marketing
714-760-6760

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