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Vancouver, BC, September 13, 2004 - Antarctica Systems Inc. (ASI), an enterprise provider of Business Performance Management (BPM) software, today announced that DePaul University, the largest Catholic university in the nation, has licensed Antarctica's Visual Net 4.2 business performance management software as part of their initiative to further develop IT Portfolio Management projects.
Visual Net will enable DePaul University to make better project decisions by allowing Project Managers to visually and intuitively explore their portfolio of projects to gain a deeper understanding of tasks, and showing actual versus estimated time required for project completion. Visual Net also helps work through data bottlenecks by breaking data into categories and displaying them in visual landscapes. Users of the software are able to identify problems before they become critical issues and take corrective actions. The visual landscapes will show DePaul project managers where particular projects are ahead or behind schedule, in addition to where they should be according to time spent. Additionally, the university can filter data by type of task, including those open, closed and not yet started. With Visual Net, DePaul University will also be able to facilitate “student intervention” by helping to manage the student life cycle as well as complement its current financial and operational reporting capabilities.
“An overabundance of information makes decision-making increasingly difficult,” notes Professor Vince Kellen, DePaul University Professor and Vice President of IT. “There is more than enough data out there. However, we need tools like Visual Net to help explore this massive amount of data to discover opportunities for improvement and streamline decision-making. Initially, the IT Portfolio Management application will be used by university executives and project managers. We intend to use the application in other areas of the university, including our student retention efforts.”
“People can only take action based on what they know. DePaul has recognized that they can realize significant operational improvements by providing their decision-makers with Antarctica's visual exploration capabilities so that they have the information needed to take action.” says Antarctica's CEO, Barry Yates. “DePaul's decision to license Visual Net for such diverse applications is further evidence that Antarctica can help organizations drive tangible performance improvements by helping to reduce the gap between strategy and execution.”
About DePaul University
DePaul University, an institution founded by the Vincentians in 1898, is the largest Catholic university in the nation and the largest private institution in Chicago. DePaul University serves over 23,000 students who reflect a broad diversity of ethnic, religious, geographic and economic backgrounds. The university's mission offers a strong foundation for exceptional and award-winning academic programs.
About Antarctica Systems Inc.
Antarctica Systems Inc. is a Business Analytics software provider founded by XML co-creator and Open Text Inc. founder, Tim Bray. Antarctica’s mission is to provide the last mile of Business Intelligence. Its flagship solution, Visual Net, is an intuitive and visual console geared specifically towards the business users. It allows them to explore and investigate their businesses in order to understand root causes of performance, identify threats and opportunities and answer the question 'why.’ Visual Net also enables users to explore and distill vast amounts of data, shifting their focus from analysis to insight and action.
The company is privately held with headquarters in Vancouver, B.C. and sales offices across North America. For additional information, please visit www.antarctica.net.
Antarctica and Visual Net are trademarks or registered trademarks of Antarctica Systems Inc. in Canada and foreign countries. All other referenced trademarks belong to their respective owners.
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