(Source: Business Wire)

Noetix Corp., a software provider that automatically generates business
intelligence (BI) content from enterprise applications, announced today
it has completed the acquisition of privately-held business analytics
company, Jaros Technologies Corp., for an undisclosed sum.
Jaros, headquartered in Granite City, Ill., is a provider of BI packaged
analytics solutions. The company incorporates industry-specific, best
practices within its packaged data models, reports and dashboards to
manage the performance, scalability, and data integration requirements
of some of the world's largest companies. Pre-built adapters for Oracle
E-Business Suite reduce costs and speed implementation time.
With the addition of Jaros' technology, Noetix delivers a complete BI
solution for Oracle E-Business Suite customers, offering real-time
reporting plus packaged analytics based on a data warehouse
architecture. This affordable product offering will significantly reduce
the manual effort and time required to execute a data warehouse strategy.
"The data warehouse has become an increasingly important component for
many corporate BI strategies and the Jaros acquisition diversifies our
portfolio to address those market needs," said Noetix CEO Morris Beton.
"From small and midsize businesses to large global organizations, Noetix
provides Oracle E-Business Suite customers with solutions for the full
spectrum of their operational and strategic reporting requirements."
Noetix has retained all Jaros employees including the management team to
ensure a smooth transition for Jaros customers. The Granite City office
will continue to provide on-going support via their normal channels.
"As a leader in business intelligence performance and analytics with
nearly a decade of experience helping customers succeed at integrating
and unlocking data from within their enterprise applications, Jaros is a
natural fit to extend Noetix's family of products," said Jaros CEO Paul
Scheibal. "We are excited to join Noetix and to be a part of an
integrated solution that combines our companies' innovative technologies
and best practices."
About Noetix
More than 1,400 customers worldwide use Noetix to quickly and
cost-effectively access the enterprise application data they need to
make important business decisions every day. By providinginstant,
configuration-specific operational reporting and ad hoc query for Oracle
E-Business Suite, PeopleSoft Enterprise, and Siebel CRM, Noetix delivers
the fastest time to business answers. Our patented, metadata-driven
technology and lean architecture deliver immediate access to data,
resulting in the lowest-cost BI solution to acquire, implement, and
maintain. Easy search and navigation capability allows users to create
ad hoc reports and answer their own operational questions without
additional assistance from IT staff. Noetix's proven technology is being
used by industry-leading customers worldwide, including: Cummins,
Motorola, Starbucks, Toshiba, Welch's, and Visa. The company is
headquartered in Redmond, Wash., with international operations in London
and Hyderabad, India.
Noetix is a registered trademark of Noetix Corp.
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