Clarity Systems, World's Fastest Growing Corporate Performance Management (CPM) Vendor, Welcomes Record Crowd to Vision:10 Annual Users' Conference

Latest release of Clarity's Corporate Performance Management (CPM) solution, CLARITY 7, demonstrated

SCOTTSDALE, Arizona, May 17, 2010 - Clarity Systems today opened three days of
keynote addresses, customer presentations, partner workshops and educational
seminars at Vision:10, the company's annual users' conference, being held in
Scottsdale, Arizona at the Fairmont Scottsdale Resort. Clarity also displayed
its latest CPM and financial governance solutions and welcomed Microsoft as
the premier sponsor of the conference.

"The dual theme of our conference is 'Experience Innovation' and
'Explore New Directions,' the power of which Clarity Systems has harnessed
with its CLARITY 7 CPM and Clarity FSR unified financial governance
solutions," said Mark Nashman, President & CTO, Clarity Systems. "Clarity
Systems is the fastest-growing CPM Suite vendor in the world(1) because we
supply our customers with world-class budgeting, planning, forecasting and
consolidations functionality, and at the same time include the automation of
external reporting processes. The record attendance at Vision:10 is
validation of our 'unified' approach to CPM and financial governance."

Microsoft Relationship Highlighted

Mr. Nashman also noted Microsoft's decision to become the premier
sponsor of Clarity's customer gathering, "…which is indicative of the
expanding relationship we have with the world's leading supplier of
software, services and solutions, with whom we announced a strategic alliance
on April 8(2), to provide our customers with a clear roadmap for budgeting,
planning & consolidation solutions that are ideally tuned for the Microsoft
platform."

Microsoft's C. Dewey Forrester Jr., Senior Director, will be presenting
a keynote address on the Microsoft Strategic Alliance with Clarity Systems at
9AM on May 17 as part of its Premier Sponsorship activities.

Solutions For Greater Efficiencies and Reduced Risk Demonstrated

Demonstrations of CLARITY 7, a step change in CPM technology that is
underpinned by a powerful new server with a high-performance engine for
creating templates and reports in milliseconds leads the technical displays
at Vision:10. This includes CLARITY 7 Studio which provides an easy-to-use
environment to design CPM templates and reports for non-IT professionals.

The CLARITY 7 MDM (Meta Data Management) feature for automatically
creating enhanced, optimized data cubes will also be demonstrated, as will
Clarity 7 Visualizer for delivering stunning, graphical presentations of
data. "In addition to these improvements to our product, we are also
releasing a new CLARITY 7 Consolidations module, which quickly and accurately
consolidates a company's results across its organizational and global
entities, and assists firms in maintaining strict compliance with
international accounting and regulatory standards," said Nashman.

"Also on display at Vision:10 is our Clarity FSR solution, which is
unique in providing a superior external reporting feature set for automating
the creation and filing of external reports including integrated XBRL
capabilities for financial reporting," said Nashman.

"Many customers and prospects attending Vision:10 are now looking to
Clarity FSR to facilitate GAAP to IFRS conversion and well as supply all
manner of their statutory and regulatory reports like 10-Ks and 10-Qs. Some
organizations are also looking for more market-specific reports, such as
Comprehensive Annual Financial Reports (CAFR) in the public sector," added
Nashman. "This demonstrates how Clarity FSR is continuing to evolve as a
multi-faceted financial governance solution for the Office of Finance at
governmental, academic and not-for-profit entities, as well as
publicly-listed and privately-held companies."

About Microsoft

Founded in 1975, Microsoft (Nasdaq "MSFT") is the worldwide leader in
software, services and solutions that help people and businesses realize
their full potential.

Clarity Systems

Clarity Systems delivers software solutions to the Office of Finance.
The company's software helps organisations around the world improve their
budgeting, planning, consolidations, scorecarding and management reporting
processes, and also automates the external reporting processes required to
produce regulatory and statutory reports. Clarity's unified applications help
CFOs reduce risk while simultaneously improving operational efficiency. For
more information, please visit Clarity's website at
www.claritysystems.com or call +44(0)2031784038 in the UK or
+1-877-410-5070 in North America.

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    (1) See Table 2-1 of April 22, 2010 Gartner Dataquest Market Statistics
        report entitled "Market Share: Business Intelligence, Analytics and
        Performance Management Software, Worldwide - 2009" by Dan Sommer and
        Bhavish Sood.
    (2) See "Microsoft and Clarity Systems sign strategic alliance to deliver
        budgeting, planning & consolidations solutions to customers world-
        wide" -
    www.claritysystems.com/us/news/releases/Pages/20100329CSSSAWM.aspx

For further information: Tony Hocevar, VP, Marketing, Clarity Systems
Limited, +1(416)250-5500 ext. 403, thocevar@claritysystems.com

For further information: Tony Hocevar, VP, Marketing, Clarity Systems Limited, +1(416)250-5500 ext. 403, thocevar at claritysystems.com