News and Events

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

Altum signs marketing alliance to provide Infor (formerly Extensity) MPC to the federal government and philanthropic organizations

Reston, VA. November 29, 2006 - Altum, Inc., a leader in providing enterprise performance management solutions to the federal government and philanthropic organizations has expanded its offering by signing a marketing alliance with Infor (www.infor.com), formerly Extensity (www.extensity.com), to provide MPC to federal government agencies and philanthropic foundations. MPC is proven, industry-leading technology. It was recently ranked #1 in the 2006 Performance Management Vendor and Product Scorecard by Ventana Research (http://www.extensity.com/docs/IO/7470/VentanaScorecardExecSummary2006.pdf) and a market visionary on Gartner’s Magic Quadrant (http://www.prosperoit.com/home.asp?id=105). It is a proven, reliable, and fully- integrated solution that provides budgeting, financial and operational planning, financial consolidation, forecasting, reporting, and strategic planning modules and meets the requirements of the Federal Enterprise Architecture Reference Models. As a Commercial-Off-The-Shelf solution, it will provide tremendous improvements for customers as a tool to track performance against budget.

 “Altum continuously strives to provide our clients with the best technology available to improve their business. MPC has been used by the largest organizations in the world for budgeting, performance management, and business intelligence applications. Their customers include the National Institutes of Health, the U.S. Senate, AARP, General Electric, Pfizer, the Internal Revenue Service, NBC Universal, and RSA Security Inc. We are pleased to have added MPC to our product offering as it can significantly enhance the business capabilities of our clients,” said Altum’s President and COO, Steve Pinchotti

About Infor

Infor is the largest global provider of enterprise software focused on solving the essential challenges of the manufacturing and distribution industries. That’s why they have the trust and confidence of over 18,000 customers worldwide. Incorporating 30 years of domain expertise, their solutions are as industry-specific as those provided by small niche players. But there the similarity ends. They have the financial strength and stability of any horizontal enterprise software provider today. They have the global distribution capability, too, with implementations and support capabilities in 70 countries

About Altum, Inc.

Altum provides industry-leading Grants Management, Knowledge Management, and Performance Management solutions. Since 1997, Altum has provided innovative software products and services to philanthropic and government organizations. Altum’s products include Easygrants^®, a highly configurable E-grants solution that meets the unique needs of grantmaking organizations; AltumQM™, a tool for the point-and-click generation of SQL queries by inexperienced end users; and Infor MPC, the industry leading performance management solution ranked #1 by Ventana Research in 2005 and 2006. 

Altum is proud to be nominated two years in a row 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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