For Immediate Release

EBM-Solutions expands presence in European market

Leading supplier of
Balanced Scorecard and Performance Management solutions

VELDDRIEL (THE NETHERLANDS) / GUILDFORD (UK) -Aug 21, 2002- Today EBM-Solutions announced its expansion in the European market, with the opening of a new office in Guildford, Surrey. The new office: EBM-Solutions UK Ltd. provides local support for the UK marketplace for Open Ratings Balanced Scorecard, Performance Management & OLAP Solutions. With the current expansion initiative, EBM-Solutions becomes the leading supplier of Balanced Scorecard and Performance Management software in Europe for software vendor Open Ratings Inc. (USA).

The company also announced today that it has appointed Andreas Scheffler as Managing Director for the UK with immediate effect. Prior to joining EBM-Solutions, Mr. Scheffler served as VP International Operations for Open Ratings Inc. In addition to managing the current phase of expansion in the UK, Mr. Scheffler has also been tasked with overseeing the UK sales operation.

The flagship product of EBM Solutions is the "SP Impact:Balanced Scorecard" of Open Ratings Inc., for which EBM Solutions is the Central European distributor.
EBM Solutions has a large installed customer base of Balanced Scorecard and Performance Management software in the UK. "EBM-Solutions UK Ltd. will allow us to better support our customers in the UK. Furthermore it will enable us to focus on our performance management solutions and we are determined to grow significantly in the UK market of Balanced Scorecard and Performance management software", said Andreas Scheffler, Managing Director of EBM-Solutions Ltd.

"Our new office in Guildford is a major step forward in our business strategy. Where many companies in the industry have to downsize, EBM-Solutions faces a great opportunity to enlarge it's market share, providing all types of businesses with the best software solutions for managing strategy and measuring performance", said Hans-Peter Smit, co-founder of EBM-Solutions.

Our UK office is located at address: EBM-Solutions UK Ltd., 3000, Cathedral Hill, Guildford, Surrey GU2 7YB.

More information can be found on www.ebm-solutions.com or on request by email to info@ebm-solutions.com.

 

About SP Impact:Balanced Balanced Scorecard

The SP Impact:Balanced Scorecard is the only enterprise solution for translating
strategy into action. SP Impact:Balanced Scorecard enables businesses to monitor the determinants of shareholder value, such as customer satisfaction, quality of service, response time and long-term strategic vision. Using this scorecard solution, business performance is driven from the top throughout all levels of the organization, linking employee action to corporate strategy and vision.
EBM's scorecard and performance management solutions give decision-makers across organizations a complete view of performance as well as a framework to ensure that operational resources are aligned with strategic direction.

 

About EBM-Solutions

Enterprise Business Management Solutions (EBM), is a leading supplier of Balanced Scorecard and Performance Management Solutions. The Company's portfolio of integrated software applications drives business success by implementing Business Intelligence solutions for all types of industry and implementing scorecard and performance management solutions. EBM-Solutions incorporates the world-class consulting expertise with unique technology to offer best-in-class solutions for all types of organizations. EBM's customers include companies as Lufthansa Cargo, Volkswagen, Credit Suisse First Boston and Fortis.
EBM-Solutions operates in Central Europe with offices based in Velddriel (The Netherlands), Zürich (Switzerland) and Guildford (UK).

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