Elixir Technology and Netezza Announce Availability of High-Velocity Business Analytics

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August 6, 2010
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Elixir Technology and Netezza Announce Availability of High-Velocity Business Analytics

Companies enter into an agreement to enable non-technical end users to construct highly-scalable, super-fast business analytics models on their own

SINGAPORE, Aug. 6 -- Elixir Technology, a Singapore-based provider of business intelligence (BI) solutions, and Netezza Corporation (NYSE:NZ), the global leader in data warehouse, analytic and monitoring appliances, has announced that the companies have entered into a new technology partner agreement. As a result of this agreement, Elixir Technology and Netezza plan to offer solutions that enable business executives and other non-technical professionals to quickly analyze enormous, complex sets of data and generate actionable findings in near-real time.

The new relationship also expands both companies' global reach. Elixir Technology opened its first North American office in Irvine, California in April 2010.

"For analytics, speed and scalability can provide enormous business value," said Mr. Lau Shih Hor, CEO of Elixir Technology. "It is critical for businesses to react quickly to changes in the market to remain competitive and grow. Elixir Business Intelligence solutions are designed to provide our customers with such speed and agility to succeed."

"Vast and growing amounts of stored data offers organizations with an unprecedented opportunity in terms of analysis and business intelligence," said Doug Etzel, vice president, Asia Pacific for Netezza. "This agreement helps both Netezza and Elixir meet the growing need to extend what was limited access to business intelligence analytics and data, to now thousands of users, partners and customers."

Elixir Technology's Business Intelligence series of products provides senior business executives, business analysts and technical developers with a highly affordable on-demand BI solution that includes a powerful, easy-to-use Information Dashboard, Enterprise Reporting, fully integrated Data ETL, and Job Scheduling features, as well as Ad Hoc Reporting and Analysis for the end users. Elixir enables customers to quickly build customized analytics dashboards and reports using an intuitive, drag-and-drop interface, while Netezza's industry-leading enterprise data warehouse analytics solution provides industry-leading performance and data compression that result in a highly efficient use of storage resources.

About Elixir Technology

Elixir Technology provides Integrated Business Intelligence with Elixir Repertoire -- an award-winning product for Dashboard, Reporting, Data ETL and Scheduling. Supporting "Web 2.0" with RESTful web services architectural approach on SOA, Elixir Repertoire aims to power the new generation enterprise applications with Business Intelligence that is simplified yet powerful, feature-rich yet affordable. With over 800 customers in 50 countries, served by 100 over partners worldwide already using its enterprise reporting feature, Elixir Repertoire completes the entire Business Intelligence cycle to realize the full return on investment.

Elixir Technology is headquartered in Singapore with an R&D arm in UK, sales and marketing in the US and Singapore, and represented by a worldwide network of partners.

About Netezza Corporation

Netezza Corporation (NYSE:NZ) is the global leader in data warehouse, analytic and monitoring appliances that dramatically simplify high-performance analytics across an extended enterprise. Netezza's technology enables organizations to process enormous amounts of captured data at exceptional speed, providing a significant competitive and operational advantage in today's data-intensive industries, including digital media, energy, financial services, government, health and life sciences, retail and telecommunications. Netezza is headquartered in Marlborough, Massachusetts and has offices in Northern Virginia, the United Kingdom, Germany, France, Poland, Japan, Korea, Australia and Singapore.  For more information about Netezza, please visit http://www.netezza.com/ .

  Contacts:

   Brenda Yeo
   Elixir Technology - Asia
   Tel:   +65-6532-4300
   Email: brenda@elixirtech.com

   Eddie Soong
   Elixir Technology - North America
   Tel:   +1-949-274-9445
   Email: eddie@elixirtech.com

   Glen Zimmerman
   Netezza
   Tel:   +1-508-382-8267
   Email: gzimmerman@netezza.com

Source: Elixir Technology; Netezza Corporation
   

CONTACT: Brenda Yeo of Elixir Technology - Asia, +65-6532-4300,
brenda@elixirtech.com; Eddie Soong of Elixir Technology - North America,
+1-949-274-9445, eddie@elixirtech.com; Glen Zimmerman of Netezza,
+1-508-382-8267, gzimmerman@netezza.com

Web site:  http://www.netezza.com/

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