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Clarity Systems Launches Clarity 6, the Next Generation Corporate Performance Management Solution

TORONTO, ON (June 20, 2006) – Clarity Systems, a leader in corporate performance management (CPM) solutions, is pleased to announce the launch of the latest version of its award-winning software, Clarity 6.  Clarity 6 incorporates new and updated features that include enhanced reporting and workflow capabilities, improved security services, a sophisticated template builder and an advanced metadata management tool.  Clarity 6 is being launched to the market today and is available for new and existing customers. 

"With the launch of Clarity 6, we are setting the standard for CPM solutions," said Mark Nashman, President and CTO, Clarity Systems. "Clarity 6 stands out from the competition by providing budgeting, planning, reporting, modeling, consolidations, and forecasting in a single unified web-based application. Significantly, Clarity 6 is the only performance management solution that is capable of operating with both Essbase and Microsoft Analysis Services OLAP databases, as well as the most common relational databases, simultaneously. When you add these factors together, Clarity 6 is the leading CPM product." 

Clarity 6's new Business Process Manager allows administrators to graphically design and display business process flows by role.  Business Process Manager delivers instant overall visibility into the planning process while allowing each user to quickly and easily step through specific planning tasks.

The Clarity 6 release includes improved Security Services, enabling distributed webbased security administration.  Powerful new features allow administrators the freedom to control, manage, and maintain security from a single interface.

New and existing Clarity Systems customers will benefit from Clarity 6's Template Builder.  With an improved look and feel, the Template Builder is a single tool for authoring both OLAP and relational templates and reports in Excel and one-click publication to the web.  Clarity 6 is the only performance management solution offering an open database approach, the benefit of web based deployments, and an ExcelTM look and feel.

An important element in the Clarity 6 release is Cube Manager.  Cube Manager provides a graphical environment to manage an organization's metadata by adding dimensions, defining hierarchies, creating reports, defining member attributes, and saving all changes to a single common repository.

Other key Clarity 6 features include report book enhancements, a new business rule engine, improved system performance, new options within the Workflow module, and the ability to personalize the home page for each user.

"Clarity 6 is the result of close collaboration with our customers across many diverse industries.  As a result, Clarity 6 is shipping with features built with our customers' needs in mind", said Paul Hill, COO, Clarity Systems, "Importantly, Clarity 6 is backed by expert consultants with decades of experience in the CPM market."


About Clarity Systems

Clarity Systems delivers superior Corporate Performance Management software solutions for financial budgeting, planning, forecasting, consolidation, analytics and financial statement reporting to a large, global client base. With a rich feature set, Clarity 6 and Clarity FSR are unified applications that offer the flexibility, security, and control needed to make more informed business decisions while meeting compliance requirements. Named as one of Profit’s 100 fastest growing companies and a Branham 300 top 100 IT company, Clarity Systems continues to lead the industry as the independent CPM specialist. For more information, please visit our website at www.claritysystems.com or call us at 1-877-410-5070.


For more information, please contact:

Dave Paolini, Communications Manager
Clarity Systems Limited
416-250-5500 ext. 417
Toll free: 1-877-410-5070 ext. 417
dpaolini@claritysystems.com


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