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The Irish Dairy Board Carries Out Financial Consolidations with Clarity Systems

TORONTO, ON (July 10, 2006) – Clarity Systems, a leader in corporate performance management (CPM) solutions, announced today that the Irish Dairy Board, a major international exporter of Irish dairy products, has selected Clarity 6 software. The Board will use the software for financial consolidation, planning, and reporting of key performance indicators.

The Irish Dairy Board operates on a global scale with subsidiaries in both the European and American markets. This corporate structure required the Board to find an integrated solution that could monitor the financial performance of not only its operations in Dublin but also its subsidiaries around the world and consolidate this information into reliable data.

"In bringing Clarity 6 into the Irish Dairy Board's operations, we are acquiring a unified solution for global deployment. Starting with financial consolidation and reporting, followed by planning and forecasting, the Irish Dairy Board will tangibly benefit from Clarity 6 as it deploys more efficient management processes" said Conor Crowley, Manager Financial Projects at IDB.

"We are pleased to have the Irish Dairy Board select our software for its performance management initiative", said Frank Pizzolato, CEO of Clarity Systems, "The scale of Irish Dairy Board's operations, both in the UK and internationally, is a strong testament to Clarity Systems' ability to execute globally".


About the Irish Dairy Board

The Irish Dairy Board is the major international exporter of Irish dairy products, servicing customers world-wide. The Board owns the internationally established Kerrygold brand, the Irish dairy industry's most important marketing asset. Operating in a wide variety of markets, the Board's trade covers every continent. It is now one of Ireland's biggest exporters and a major food distribution company in overseas markets, with annual sales of £1.8 billion ($2.3 billion). For more information on the Irish Dairy Board visit www.idb.ie.



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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