( BW)(ME-QUANTRIX) Cimpor Chooses Quantrix Financial Modeling Software
to Improve Budgeting and Planning Process

    Business Editors/High-Tech Editors

    PORTLAND, Maine--(BUSINESS WIRE)--Feb. 16, 2005--

    International cement firm replaces spreadsheet-based financial
     system with structured, multidimensional system from Quantrix

    Quantrix today announced that Cimpor (CIMP PL), an international
cement manufacturing and marketing group based in Portugal, has chosen
Quantrix Modeler for its budgeting and planning processes. The company
is replacing its fragmented, spreadsheet-based system with Quantrix
Modeler, a desktop quantitative modeling software application that
goes beyond traditional spreadsheet technology.
    Cimpor uses SAP as a global accounting solution for its 90
companies in eight countries, but relied upon spreadsheets for
budgeting and planning. With its rapid growth in recent years, Cimpor
realized that its spreadsheets were not dynamic enough to gather
information, consolidate data, and provide overall reporting for its
changing and growing business. "We needed a highly structured tool
that was very interactive, and that could simulate our complex
industrial processes within the budgeting process," says Eugenio
Pauperio, CIO of Cimpor. "Quantrix was the best solution - it is
flexible, robust and requires little training. Quantrix frees up my
time so that I can analyze the data," says Pauperio.
    Quantrix Modeler incorporates a unique approach that separates the
logic of a model from the structure, which allows users to create and
use formulas outside the confines of the cell. Formulas are expressed
in words rather than by cell coordinates so they are easy to
understand, trace, and audit. Users can make changes, incorporate new
dimensions, and view multiple scenarios dynamically without
redesigning their model.
    "Quantrix Modeler is ideal for multi-national, multi-division
companies such as Cimpor, because it allows them to create a
real-world business model and then gives them the flexibility to
extend and adapt that model as the business changes," says Chris
Houle, Chief Operating Officer of Quantrix.

    About Quantrix

    Founded in 2002 and headquartered in Portland, Maine, Quantrix
develops financial and quantitative modeling software for
professionals pushing the limits of traditional spreadsheets. For more
information, please visit Quantrix at www.quantrix.com or call
207-775-0808.

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    CONTACT: Quantrix
             Chris Houle, 207-775-0808
             COO
             choule@quantrix.com