News and Events

FOR IMMEDIATE RELEASE
Contact:
Steve Pinchotti
Altum, Inc. (www.altum.com)
703-675-3606
steve.pinchotti@altum.com

Altum announces Lightweight ad hoc query tools for OEM software product vendors

Reston, VA. January 25, 2005 - Altum, Inc. announced today that it is expanding its role in the IT industry by licensing its lightweight web-based ad hoc query technology to OEM software manufacturers.

“Until now, application developers needed to buy multi-functional products with expensive licenses just to include ad hoc query capabilities in their applications” said Ken Fang CEO. AltumQR™, an easy to integrate query tool developed for the non-technical end user, has been on the market for several years and is proven technology. “Users are tired of waiting for their overworked technical resources to develop queries for them. They need information now. A common cry throughout the business world is that there is too much data and not enough information. AltumQR™ solves that problem”.

AltumQR™ provides ad hoc query and reporting capabilities at a lower cost and smaller footprint than other enterprise business intelligence solutions. In addition, AltumQR™ provides a simple solution that enables more efficient implementation, maintenance, and user training.

About Altum, Inc.

Altum’s solutions help organizations monitor, measure, analyze, and improve their business by giving them control over their data. We are a professional software development and consulting firm that builds solutions that enable users to quickly access, analyze, and make informed decisions from the data locked up in corporate data sources. Our systems focus on results by using a proven and robust query and reporting framework. Our customers are delighted by cost-effective, high quality software solutions delivered on-time, on-budget, and with unparalleled customer service.

Altum’s software products include: AltumGRS™, a Grants Reporting System; AltumQR™, a Query and Reporting tool; AltumATS™ , an Advanced Text Search engine; AltumPDT™, a Professional Development Tool for employee evaluations and professional development; and AltumMedigent™, a robust content management system and online collaboration tool.

Altum is proud to be named to Deloitte’s prestigious Technology Fast 50 Program for Virginia two years in a row. In both 2003 and 2004, Altum was recognized as one of the 50 fastest growing technology companies in Virginia as well as one of the fastest 500 growing technology companies in North America (www.fast500.com).

Founded in 1997, Altum is a privately held corporation headquartered in Reston, VA; just outside Washington, D.C. with an additional location in Burlington, Vermont.


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