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

Altum announces the release of AltumQR™, a Web-based Ad-hoc Query and Reporting Tool

Chantilly, VA. June 30, 2003 - Altum, Inc. announces the release of AltumQR™, a web-based ad-hoc query and reporting tool that provides users a simple, yet powerful, interface to extract information from corporate databases and translate it into meaningful spreadsheets and reports.

"Unlike many product releases, AltumQR™ is the result of over six years of production use and continual enhancement at various Federal agencies." remarks Ken Fang, CEO of Altum, Inc. "AltumQR™ is proven technology that is in use at many organizations both large and small. It provides users reliable and accurate information quickly. At the NIH, ten Institutes, Centers, and Offices are using AltumQR™ as a part of their grants reporting systems to respond to congressional requests and budget justifications everyday."

As a Government-Off-The-Shelf (GOTS) product, AltumQR™ is available to federal agencies with no license fee.

How fast do you get information? How reliable is it?

AltumQR™ can deliver results now.

For more information visit our website: http://www.altum/altum_qr.htm

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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