Host Analytics Included in SaaS Corporate Performance Management Reports

ST. LOUIS, MO--(Marketwire - August 19, 2008) - Host Analytics, a leader in on-demand financial and corporate performance management (CPM), today announced it has been referenced in two recent Gartner reports: "SaaS Impact in Corporate Performance Management" (14 July 2008, Neil Chandler) and "Hype Cycle for Software as a Service, 2008" (9 July 2008, Nigel Rayner et al.). In its SaaS report, Host Analytics is identified as a leading provider in terms of market adoption.(1)

According to the Hype Cycle report, "CPM applications are more suited to SaaS deployments than core financial applications, because these often start as smaller implementations specific to certain business pain points and then expand as the organization's CPM use matures, which is attracting other vendors to the space." The report also states, "SaaS CPM applications are increasing their credibility in the market and should be weighed against traditionally delivered solutions according to their fit with business requirements."

Software as a Service is expanding into CPM just as Host Analytics is ramping up. In May, Host Analytics launched version 8.0 of its on-demand CPM suite, a comprehensive set of financial reporting, consolidation, budgeting and forecasting solutions that overpower other SaaS vendors and, due to the SaaS model, are more accommodating and cost-effective than similar on-premises products. Also this summer, Host Analytics was named to JMP Securities' Hot 100 list; a financing round was closed; and SaaS and business intelligence veterans from Oracle and Hyperion, Jon Kondo and Gary Damiano were appointed CEO and CMO, respectively.

"We are hitting the market with great people, products and passion at exactly the right time," said Kondo. "A critical need for operational planning and corporate compliance, coupled with ever-more complex business requirements and increased SaaS acceptance, is driving demand for CPM in the mid-market, Global 2000 and public sectors. Host Analytics is responding with an integrated solution that aligns planning processes with business strategies, and measure corporate performance in such a way that finance executives and line-of-business managers can manage for change."

About Host Analytics

Host Analytics is the leading provider of on-demand corporate and financial performance management solutions. Host Analytics' solutions help financial, line of business and departmental executives improve their budgeting, forecasting, financial consolidations, dashboarding, scorecarding, reporting and analysis. Host Analytics delivers its suite of corporate performance management solutions via the Software as a Service (SaaS) model. Host Analytics, a pioneer in providing comprehensive and easy to use CPM solutions, was founded in 2000 and expanded its SaaS offering in 2005 to include a complete suite of CPM solutions.

Host Analytics helps organizations streamline the performance management process, align the planning process with business strategy and effectively measure performance and manage change. As a SaaS delivered solution, Host Analytics customers realize fast time to value through quick implementation of solutions, the highest levels of user adoption, effective empowerment of business users and a continuous flow of Host Analytics provided solution innovations and improvements.

Host Analytics serves the enterprise, large and midsized company and public sector markets including industry leading companies like JP Morgan Chase, Procter & Gamble, Otis Spunkmeyer, Pitney Bowes, and Nortel Networks. Host Analytics was included in JMP Securities' prestigious "Hot 100: The Best Privately Held Software Companies." For additional information, visit http://www.hostanalytics.com/ or call (314) 588-2121.

© 2008 Host Analytics Incorporated. All rights reserved. All trademarks are the property of their respective owners.

(1) Gartner Market Share report, "Market Share: CPM Suites Software, Worldwide, 2006, Composite View, Neil Chandler and Dan Sommer, August 2007"

Contact Information: Company Contact: Gary Damiano Host Analytics 314-588-2121 Ext 413