10/23/00 - The Forecast Xperts Introduce the ForecastX Engine; John Galt Raises the Bar for Forecasting Platforms CHICAGO, Oct 23, 2000 -- John Galt - The Forecast Xperts(TM), introduces the newest addition of its ForecastX product family, the ForecastX(TM) Engine(TM). John Galt is raising the bar of what is expected from forecasting solutions and the companies that provide them. The ForecastX Engine is a comprehensive Web-based package designed to manage and automate the demand planning and forecasting processes. It is designed around an open architecture, making the tool easily integrateable with any ERP and Supply Chain Collaborative Solution. The ForecastX Product Family includes: The ForecastX Wizard(TM) for definition of the forecasting process; The ForecastX Collaborator(TM) for Web-based business planning; and The ForecastX SDK(TM) - a developers kit for OEM partners to enable their applications with powerful statistical forecasting methods. The ForecastX Engine further integrates John Galt's own proprietary forecasting technology with that of its strategic partners Brio Technology and Microsoft. The ForecastX Engine applies leading-edge technology to provide businesses with seamless CPFR integration and full DRP and replenishment capabilities. The ForecastX Engine gives users a competitive advantage by maximizing the effectiveness of demand planning and forecasting with unique features that include: Top Down and Bottom Up Allocation, New Product Introductions, Product Retirement, Cannibalization, Event and Promotional Modeling, and Slice and Dice analysis. Multiple graphs and text-based charts can be viewed at any time during a forecast and manipulated for graphical adjustments as needed. Time-saving batch forecasts can be scheduled to run autonomously during off hours or at key time-points throughout the day. All of this culminates in the Engine's ability to create customized, presentation-ready reports incorporating a wide scope of detail using any Business Intelligence tool. As the Forecast Xperts(TM), John Galt helps its clients implement intelligent planning that combines leading-edge tools with business driven forecasting processes. John Galt partners with its clients to tailor custom solutions from the ground up and provide companies with a clear understanding of what their businesses futures hold, preparing them to meet demand, plan effectively and collaborate with suppliers and customers over the Internet. John Galt is a leader in using emerging technologies to develop portals that distill data into concise streams delivered through customized web collaboration, turning conventional data warehousing from simple storage into a business' competitive advantage and enhancing their bottom line through valuable foresight. For more information on the ForecastX Engine the entire ForecastX product family, or other services provided by John Galt's Forecast Xperts, contact John Galt Solutions, Inc., 39 South LaSalle, Suite 815, Chicago, Illinois 60603; 312.701.9026 (tel); 312.701.9033 (fax); www.johngalt.com. CONTACT: John Galt Solutions, Inc. Jason Upchurch, 312/701-9026