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Clarity Announces Strategic OEM Agreement with Elite

Agreement builds on a successful two-year partnership in the Legal and Professional Services markets

TORONTO, ON (June 18, 2008) - Clarity Systems, a leader in corporate performance management (CPM) solutions, today announced that Elite has agreed to embed the Clarity 6 financial reporting and consolidation solution in its Elite 3E brand. The inclusion of the Clarity software followed an extensive review of current financial consolidation offerings, with Clarity emerging as the clear choice to increase the power and versatility of the Elite 3E platform.

The addition builds upon the success the two firms have had in adding joint clients among professional services firms, which began in 2006 with the introduction of Clarity’s budgeting functionality into Elite’s Enterprise platform.

"Over the past two years, we’ve worked with Thomson Elite to successfully grow our customer base and this expanded agreement is indicative of the deepening relationship between the two firms. Every sale of Elite’s leading financial and practice management software platform going forward will embed the core of Clarity’s industry-leading CPM solution," said Paul Hill, Chief Operating Officer, Clarity Systems.

Mr. Hill added that almost 100 joint clients among the world’s leading legal practices, including half the globe’s top ten largest law firms, had taken advantage of the two firms’ industry expertise and technology superiority during the past two years. He expects this success to intensify given the added functionality to the Elite 3E platform given the expanded agreement.


About Clarity Systems

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


For more information on Clarity, please contact:

Dave Paolini, Communications Manager
Clarity Systems Limited
1-647-242-1184
dpaolini@claritysystems.com


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