For Immediate Release
Contact: Sandra Gillis, INSCI Corp, 508-870-4205, Email: sgillis@insci.com
Terry Nizko ext. 587, Scott Baker ext. 786, Datawatch Corporation, Tel: 508-988-9700
Email: terryn@datawatch.com
Westborough, MA - June 19, 1996 - INSCI Corp today announced that it has entered into a strategic alliance with Datawatch Corporation. The two companies will work together to integrate Datawatch's MonarchTM for Windows report mining and analysis software into INSCI COINSERV Document Management Systems. The end result of this development effort will be a totally integrated system that combines INSCI's state-of-the-art document storage and retrieval capabilities with the decision support capabilities provided by Datawatch's Monarch software.
COINSERV systems provide a means for storing, indexing and retrieving massive amounts of page-formatted archival information using high speed optical disks as the storage media. Incorporating Monarch functionality into the COINSERV product will enable users to quickly access and retrieve archived information and then use Monarch to analyze this data. Monarch will be used to filter, sort, and chart data, to build data models that are automatically refreshed with the current data by COINSERV, and to prepare COINSERV document data for export to any other PC application such as spreadsheets and databases.
“The strategic relationship between Datawatch and INSCI will ultimately enable organizations to use large digital data repositories created by the COINSERV systems as a basis for decision making. By filtering, sorting, and charting data with Monarch, analysts and executives will be able to learn more about their operations, identify trends, and determine areas in need of attention. Monarch will help them quickly move up the knowledge continuum,” said John Gillis, INSCI's Chief Operating Officer.
“The combination of COINSERV and Monarch results in an easy-to-use, easy-to-implement business intelligence system at a fraction of the cost of other approaches,” said Scott Baker, Datawatch's VAR Program Manager. “It provides a much simpler alternative to the EIS-, OLAP-, data warehouse-based decision support systems.”
The COINSERV product is installed in customer sites which span all major vertical industry segments. The system is supported on many UNIX platforms and provides LAN\WAN connectivity to Windows and DOS PCs and UNIX terminals, providing a true client\server environment. COINSERV also provides native terminal connectivity to most mainframe and mini-computer systems. Over 100,000 copies of Monarch are currently in use.
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INSCI Corp (National NASDAQ: INSI) develops, markets, and supports client/server electronic printing and document management software utilizing optical disk and CD storage technology to index, archive, retrieve, and distribute computer-generated documents and scanned images including statements, reports, invoices, and transaction data. INSCI also sells print-on-demand software for the automated document factory market. The Company provides customers with an extensive range of system integration and consulting services based upon its expertise in integrated output management, electronic printing, print-on-demand, data storage, data warehousing and data mining. The Company is headquartered in Westborough, Massachusetts. For more information about INSCI Corp, visit its home page on the Internet at http://www.insci.com.
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Datawatch (National NASDAQ: DWCH) develops, markets and distributes
software products for the personal computer market. Datawatch's principal products are: Monarch,
a report mining tool that provides data access, analysis and reporting capabilities to
users of networked PCs; Virex®, a tool that automatically detects, repairs and
monitors for virus infections on Macintosh and PC platforms; netOctopus , a system and network administration tool for
Macintosh and IBM-compatible PC networks; and Q-Support, a Windows-based help desk
and asset management system that provides IS support centers with an integrated,
full-service solution in a multi-user, networked environment. For more information about
Datawatch Corporation, visit its home page on the Internet at http://www.datawatch.com.
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COINSERV is a trademark of INSCI Corp. Virex is a registered trademark. Monarch, Q-Support and netOctopus are trademarks of Datawatch Corporation. All other company or product names are trademarks or registered trademarks of their respective owners.