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PROPHIX Software Announces the Release of PROPHIX Enterprise Version 6.1

Toronto, ON, August 28, 2006 - PROPHIX Software Inc., a leader in delivering data analysis solutions, such as budgeting, reporting, forecasting, planning, and consolidation to mid-market companies, today announced the release of PROPHIX Enterprise Version 6.1. Version 6.1 includes new modules for management-style boardroom reports, automated report distribution, and the scheduling of key business processes.

PROPHIX Enterprise has been enhanced with the financial executive in mind. Version 6.1 includes various processes and reporting functionality to allow users to become more effective in their day-to-day jobs, all providing a better environment to allow for improved analysis of the business.

Being able to understand and analyze your business faster, more effectively and more efficiently is always on the top of executives' minds, states Bally Boodram, Director, Product Management, PROPHIX Software. With PROPHIX Enterprise Version 6.1 there will no longer be any down time. Reports will be delivered in a timely fashion and high-level management analysis will be within reach. Our clients will certainly benefit from this added functionality.

Listed below are some of the added functionalities within PROPHIX Enterprise v6.1.

Dashboard Module - The Dashboard module is a management-style reporting tool used to present critical data in a summary form. The graphical interface is an efficient business activity monitor and acts as an additional Performance Management instrument. Dashboards have the flexibility to display various kinds of user-specific information relating to the financial health of the business and include links to scorecards for further analysis.

Automated Report Distribution - The Report Distribution process is used to send reports, via e-mail, to users on a distribution list. This process can distribute individual reports or multiple reports batched together to various stakeholders of the business.

Scheduled Tasks - The PROPHIX Task Scheduler is used to schedule processes to run at a specified time. All scheduled tasks created in PROPHIX can be further modified in Windows Scheduled Tasks.

We are very excited to be releasing v6.1 of PROPHIX Enterprise, states Paul Barber, President, PROPHIX Software. Without the help of our loyal customer base and hard work of our employees, this release would not have been possible. We encourage the continual feature requests of our customers to further enhance the software.

Pricing and Availability - PROPHIX Enterprise Version 6.1 is available immediately for customers with maintenance agreements. Upgrades can be ordered or downloaded from our web site, please contact Customer Support at csupport@prophix.com or at 1-800-387-5915 ext. 235. For those not under maintenance, please visit the below web site address or contact Susan Lawson at slawson@prophix.com or at 1-800-387-5915 ext. 245.

To learn more about PROPHIX, please visit http://www.prophix.com.


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