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LEADING PERFORMANCE MANAGEMENT
ANALYST FIRM INITIATES COVERAGE OF VERIX

Mountain View, CA, April 17, 2007 –Verix announces that the industry analyst firm Ventana Research has initiated research coverage of Verix and the Verix Discovery Suite.   Ventana Research, the leading Performance Management research and advisory services firm, provides expert insight and detailed guidance to help clients operate their companies more efficiently and effectively.

“We are initiating coverage of the Verix Discovery Suite, because of its step beyond traditional analytics.  Operations of businesses today need a solution to alert them of key performance changes that are actionable and can significantly impact the business.  Verix does that and meets a critical organizational need,” said Mark Smith, CEO and EVP of research for Ventana.

The Verix Discovery Suite is an on-demand, automated analytic service that lets organizations discover, understand and act on performance changes. The key is the automated discovery process, which goes beyond traditional manual processes to yield unforeseen insights. The analytic engine identifies sales increases and deficits long before they develop enough momentum to largely impact business.  With the Verix Discovery Suite, performance anomalies often become apparent in mere hours—not the usual days, weeks or even months it would take for such facts to surface in the typical high-level report or manual analysis. 

“We are proud to be recognized by Ventana Research,” said Doron Aspitz, CEO and president of Verix. “Business users simply do not have the time necessary to perform detailed analysis.  There is a need for that information and advanced analytics.  The Verix Discovery Suite offers important, new capabilities which let organizations share findings into the drivers of performance changes, as well as the ability to gain a deeper understanding of the root cause of sales and revenue performance changes.”

About Verix
Verix is an innovative new company which provides an on-demand analytic service allowing organizations to identify and focus on the most important changes in their business before they become a trend or appear in a report. The Verix Discovery Suite utilizes technology which reveals changes and sends them directly to the relevant people. This enables users to take action, early and focus on the most important areas of the business. The results -- significant increases on performance through enhanced efficiency and optimization. For more information, please visit www.verix.com.