CODEC LICENSES COMSHARE CORPORATE PERFORMANCE MANAGEMENT TECHNOLOGY TO DELIVER ENTERPRISE-WIDE FRONT END FOR SAP BW

Ann Arbor,Michigan, November 18, 2002 -- Comshare, Incorporated (NASDAQ: CSRE) announced today the launch of Codec BWeb, an enterprise-wide front end for SAP Business Information Warehouse by Codec Systems Ltd, a leading distributor of Comshare’s corporate performance management (CPM) solutions. Using Comshare’s technology underpinnings, Codec BWeb significantly enhances existing SAP BW data with extensive analytical functionality for more effective decision-making.

“SAP Business Information Warehouse servers are ideal for summarizing vast amounts of data generated in today’s corporate environment, but users are demanding more extensive reporting and analysis capabilities to enable faster decisions,” explained Ronan Stafford, Managing Director, Codec. “Codec BWeb was developed to take full advantage of Comshare’s rich analytic functionality to deliver much needed reporting and analysis to SAP business users.”

“As part of our ongoing initiatives to broaden the use of Comshare technology, we are excited that Codec joins our growing list of OEM partners,” said David Allcock, Vice President Worldwide Distributors, Comshare. “Codec BWeb should appeal to all SAP Business Information Warehouse users. The combination of Codec’s application-specific knowledge, combined with Comshare’s analytic capabilities, provides a winning solution.”

Codec BWeb exploits the strengths of Comshare’s CPM reporting and analysis capabilities and gives SAP BW business users the ability to:

  • Satisfy the disparate enterprise requirements of executives, power users, and query and report users.

  • Analyze information from multiple perspectives, including product line, market, time, location, industry, channel, business unit, and more.

  • Focus on key issues, trends, exceptions, and critical success factors – via the web, Excel or a pocket PC.

  • Receive automatic alerts of exceptions, trends, and variances, even when buried at lower levels of data.

  • Exploit powerful charting capabilities.

  • Empower “power users” to create their own reports, on the fly, without IT involvement.

About Codec Systems Ltd.
Codec is one of Europe's leading providers of financial analytical applications for planning, budgeting, control, and analysis. A private company founded in 1985, Codec achieved group revenue of (EUR) 47m for FY01. Codec has offices in Ireland, Germany, Spain, Poland and Portugal. Codec is the single largest stockholder in Comshare, a Comshare development partner, and has board representation in Comshare, Incorporated. For more information about Codec Systems Ltd, call 353-1-6034343, e-mail info@codec.ie, or visit the Codec website at www.codec.ie.

About Comshare, Incorporated
Comshare, Incorporated is a leading provider of software that helps companies implement and execute strategy. Comshare’s application for corporate performance management encompasses planning, budgeting, forecasting, financial consolidation, management reporting, and analysis. In business for over 35 years, Comshare is one of the top independent software companies, with Fortune 500 and Financial Times Top 1000 customers around the world. Comshare is a Microsoft Gold Certified Solution Partner for Business Intelligence and a Microsoft Data Warehousing Alliance Platinum Partner. For more information on Comshare, call 1-800-922-7979, send email to info@comshare.com or visit Comshare’s website at www.comshare.com.

Contacts:
UK: Louise Wells / Nicky Clark
Comshare UK
+44 (0) 20 7349 6000
lwells@comshare.com

Sandy Ellinger
Comshare Corporate Communications
734-769-6194
sellinger@comshare.com

Christina Cameron
Weber Shandwick Worldwide
617-520-7109
ccameron@webergroup.com

Comshare® is a registered trademark and Comshare MPC™ is a trademark of Comshare, Incorporated. All other trademarks are the property of their respective holders