Jedox and PwC Extend Their Cooperation

FREIBURG, Germany, July 29, 2010 - Business Intelligence software developer, Jedox AG, and the Auditing-and
Consulting-Company PricewaterhouseCoopers AG (PWC) extend their offer of
applications for efficient corporate management, which PwC and Jedox have
started a year ago, releasing a Treasury Intelligence Application. Based on
the technology provided by Jedox, PwC has developed further products for
risk- management and coporate- reporting. The growing demand of customers has
drawn the co-operation partners to offer further corporate management tools,
based on the knowledge and expertise of PwC and the technology of Jedox. The
new developments include ratio systems to improve performance measures
(Balance Score Card, value-driver-hierarchy) and integrated corporate- and
financial- planning.

Thomas Schräder, head of corporate treasury solutions with
PricewaterhouseCoopers, explains: "We have entered the market at the right
time with our treasury solution; and since the beginning of the financial
crisis our customers have continuously asked for a risk-management tool. We
are sensing a significant demand for flexible applications on basis of the
Palo technology, which enable us to manage special requests of complex
financial nature individually and efficiently. Hence we have decided to
expand our engagement in these solution-based applications." Kristian Raue,
CEO of Jedox , draws a positive conclusion of the co-operation so far:" The
success of the treasury intelligence solution proves, that our IT-concept is
on the right track: specific applications for complex topics, with high
usability and easy administration are feasible.

The technological basis of the solution products is the premium edition
of Palo Suite, the business intelligence solution developed by Jedox. The
Palo Suite enables you to turn your Excel based applications into
professional web-based database applications instantly.

    Press Contact
    Jedox AG
    Leif Mergener
    tel: +49(0)761-151-47-214
    Email: leif.mergener@jedox.com
    Internet: www.jedox.com

Press Contact: Jedox AG, Leif Mergener, tel: +49(0)761-151-47-214, Email: leif.mergener at jedox.com