Quadrant4 Systems Corp. Announces Launch of Hyperion Practice Specific to the Healthcare, Retail, & Financial Services Indust...
March 20 2012 - 8:30AM
Marketwired
Quadrant4 Systems Corporation (Q4) (OTCQB: QFOR) (OTCBB: QFOR)
today announced that it has launched its national Hyperion practice
specific to retail, healthcare and financial services industries.
Q4 will offer its global clients the architecture, development,
implementation and training in Hyperion (a unit of Oracle), a
leading provider of performance management software. This extends
Q4's business intelligence capabilities to offer the most
comprehensive system for enterprise performance management.
Over the past few quarters, Q4 has significantly reoriented its
business intelligence practice strategy towards offering a
best-of-breed business intelligence and performance management
solutions that will work with heterogeneous information sources in
an enterprise, both Oracle and non-Oracle.
The introduction of Hyperion practice extends our business
intelligence service strategy. Customers are increasingly using a
combination of performance management and business intelligence.
Q4's Hyperion practice complements its current business
intelligence offerings including a leading enterprise planning
solution, world-class financial close and reporting, and a powerful
multi-source OLAP server. Coupled with third party BI tools and
pre-packaged analytic applications, the Hyperion practice redefines
business intelligence and performance management by providing a
fully integrated, end-to-end Enterprise Performance Management
System that spans planning, financial close, operational analytic
applications, BI tools, reporting, and data integration; all on a
unified BI platform.
Dhru Desai, Chairman of the Board of Q4, said, "In today's
universe of unusual amounts of structured and unstructured data,
the ability to extract, cleanse and transform data into meaningful
information is where various business enterprises are willing to
invest their money nowadays. We truly believe that our Hyperion
practice will provide a one-stop service to our clients."
About Quadrant4 Systems Corporation
Quadrant4 Systems Corporation delivers end-to-end information
technology solutions to its clients through a unique blend of
consulting, software development & maintenance; cloud based
products and technology all from its global delivery centers. The
company currently focuses on Financial Services, Health Care,
Retail, Manufacturing, Oil & Gas, and Telecommunication sectors
with a broad spectrum of services and technology practices that
include ERP, SCM, CRM, e-Commerce, m-Commerce, SFA, Microsoft, Java
and Legacy platforms, BI/DW, testing, platform migration, web
technologies and others. The company plans to enter the IT enabled
and managed services sector and cloud based services through
business acquisitions and/or combination opportunities in the near
future to further execute its articulated business strategy.
Forward-Looking Statements This release
contains forward-looking statements which are subject to the
inherent uncertainties in predicting future results and conditions.
Any statements that are not statements of historical fact
(including statements containing the words "believes," "plans,"
"anticipate," "expects," "estimates," and similar expressions)
should be considered to be forward-looking statements, within the
meaning of Section 27A of the Securities Act of 1933, and Section
21E of the Exchange Act of 1934, as each is amended, for which the
Private Securities Litigation Reform Act of 1995 provides a safe
harbor. Certain factors (including but not limited to those risk
factors identified from time to time in our filings with the
Securities and Exchange Commission as well as changes in economic
conditions; outcome of negotiations; changes in the Company's
access to necessary capital; outcome of litigation; volatility of
capital markets; variability and timing of business opportunities;
changes in accounting policies and practices; the effects of
internal organizational changes; adverse state and federal
regulation and legislation; and the occurrence of extraordinary or
catastrophic events and terrorist acts; or other unforeseen changes
in circumstances) could cause actual results and conditions to
differ materially from those projected in such forward-looking
statements. We do not undertake any obligation to release publicly
revised or updated forward-looking information, and such
information included in this release is based on information
currently available and may not be reliable after this date.
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Investor Contact BPC Financial Marketing John Baldissera
800-368-1217