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OutlookSoft Embraces Microsoft SharePoint Products and Technologies to Facilitate Collaboration across the Corporate Performance Management Process

- OutlookSoft SharePoint Accelerator fosters the highest degree of communication, participation, and commitment among planning, budgeting, and reporting stakeholders -

Richmond upon Thames, Surrey - 14 June, 2005 -OutlookSoft Corporation, a leading provider of corporate performance management (CPM) solutions for Fortune 1000 and Global 2000 companies, has announced the OutlookSoft SharePoint Accelerator.

Designed specifically for the award-winning OutlookSoft CPM solution, this customer-driven accelerator seamlessly combines the rich functionality and content of OutlookSoft Corporate Performance Management with the leading portal and collaboration technology of Microsoft Office SharePoint Portal Server 2003 and Windows SharePoint Services.

The combined solution delivers zero-footprint browser access to the widest possible range of financial and operational CPM users and decision-makers.

The OutlookSoft SharePoint Accelerator enables users to leverage the product’s native capabilities in SharePoint sites, including: Zero-footprint browser accessibility; enhanced security through user ID and Windows-based security; and real-time predictive analytics and automated exception alerting for managing key performance indicators. Users can also view published reports, automatically schedule reports for publishing and distribution, manage workflow, including approval status tracking and process bottlenecks, post and share supporting documentation in the form of unstructured data, execute ad-hoc reporting and analysis in real-time, and utilize input schedules and templates to create a complete and transparent view of their business.

“OutlookSoft CPM plays a vital role in empowering decision-makers with the real-time financial and operational data required to make critical business decisions. The OutlookSoft SharePoint Accelerator takes this one step further, effectively extending CPM to the masses through secure knowledge-sharing and state-of-the-art collaboration,” said Phil Wilmington, CEO of OutlookSoft. “Leveraging OutlookSoft CPM combined with the market-leading collaborative capabilities of SharePoint Products and Technologies enables our customers to more effectively align their goals, synchronize communications, and more quickly adjust performance to meet expectations. This leads to cost savings, process improvements, and ultimately, competitive advantage.”

The OutlookSoft SharePoint Accelerator consists of a prepackaged portal site complete with default pages and web parts for native access to OutlookSoft content. The default site can be used to build a new OutlookSoft portal site, or can simply be incorporated into an existing SharePoint site, making it easy for users to expose OutlookSoft CPM functionality within the SharePoint Products and Technologies environment.

“The need to centrally and securely share, leverage, and communicate enterprise-wide knowledge is paramount to realizing an effective corporate performance management process. The OutlookSoft SharePoint Accelerator does just that, delivering on the promise and potential of what a collaborative CPM solution should be,” said John Richards, Director of Marketing for Windows SharePoint Services, Microsoft Corp. “In providing decision-makers with the market-leading collaboration capabilities of SharePoint Products and Technologies, OutlookSoft CPM creates an organization better adept to aligning its objectives, executing on its plans, responding quickly to change, and adjusting its performance to meet expectations. This is what CPM is about.”

Features and benefits of the OutlookSoft SharePoint Accelerator include:

Enhanced document management, collaboration and portal management, including: End-user drag-and-drop page creation and design without HTML knowledge; document libraries with check-out, version control and alerts; and discussion boards and survey tools.
Enhanced performance capabilities, including: Support for multiple application sets in a single page; improved CurrentView functionality for faster, easier multidimensional reporting and analysis; faster data retrieval and performance; optimized report viewing and retrieval; automatic generation of Excel spreadsheet versions of published HTML; and easier, faster report book viewing.

The OutlookSoft SharePoint Accelerator is available immediately and free to OutlookSoft customers. More information can be found at or calling 020 8940 7555.

About OutlookSoft Corporation

Headquartered in Stamford, Conn., OutlookSoft Corp. is a leading provider of unified, real-time corporate performance management (CPM) solutions. The company's web-based CPM solution provides a single application for strategic planning, budgeting, forecasting, legal consolidation, reporting, analysis, predictive analytics, scorecarding, and dashboards. OutlookSoft includes a patented, enterprise-class version of Microsoft Office Excel, the de facto industry standard for financial and operational planning, analysis and reporting.

OutlookSoft has offices throughout North America, Europe, the Middle East, Africa, Australia and Asia Pacific, to serve multinational customers across diverse industry segments. OutlookSoft is a Microsoft Gold Certified Partner for Business Intelligence. ###

OutlookSoft is a registered trademark of OutlookSoft Corporation All other brand or product names are trademarks of their respective companies.

Special Note Regarding Forward-Looking Statements: This press release contains “forward-looking statements” relating to, without limitation, future economic performance, plans and objectives of OutlookSoft Corporation for future operations and projections of revenue and other financial items that are based on the beliefs of, assumptions made by and information currently available to OutlookSoft Corporation. The words “expect,” “estimate,” “anticipate,” “believe,” “intend,” “plan” and similar expressions and variations thereof are intended to identify forward-looking statements. The cautionary statements in this press release identify important factors with respect to such forward-looking statements, including certain risks and uncertainties, which could cause actual results to differ materially from those expressed in or implied by such forward-looking statements.

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