| Point Richmond, CA.,
- January 5, 2004 - Systat Software, Inc., a leading developer and
supplier of statistical analysis and visualization software, today
announced that it has acquired the exclusive worldwide rights to
distribute the Sigma Series line of products from SPSS Inc. (NASDAQ:
SPSS). Sigma Series products are used by scientists and engineers
for data presentation and analysis, including the flagship SigmaPlot®
offering, SigmaStat® statistical analysis package, and SigmaScan®
image analysis software. In addition to the distribution license,
the agreement also involves the acquisition of all related customers,
personnel, and fixed assets. The combination of existing Systat
Software products and Sigma Series software allows the company to
serve all the research needs of scientists seamlessly-experimental
design, data analysis and visualization, and now technical graphing
and presentation-giving scientists more time to focus on their research.
Providing specialized scientific software and services for research
scientists and engineers in industries including life sciences,
medical research, pharmacology, chemistry, environmental sciences
and manufacturing, Systat Software currently offers leading products
and services in the areas of statistical analysis, modeling, visualization
and presentation. To further solidify its position in the market,
Systat Software immediately assumes responsibilities for marketing
and sales of the Sigma Series products as well as ongoing development
and technical support. Systat Software fully intends to purchase
all related intellectual property, including brand names and trademarks,
after three years. As a result of the acquisition, Systat will effectively
grow its customer base and increase revenue with expanded product
offerings.
“Demand for Sigma-series products is as solid today as it
was when we acquired them in 1996,” said Jack Noonan, president
and chief executive officer of SPSS Inc. “Yet these offerings
are now peripheral to our previously stated strategy of establishing
leadership in the predictive analytics market by leveraging our
core expertise in the analysis of people’s attributes, actions,
and attitudes. This agreement both tightens our strategic focus
and strengthens our balance sheet for the task ahead.”
“The acquisition of SPSS Sigma Series products will make
Systat’s vision a reality as we continue to develop and supply
the industry standard in statistical analysis and visualization
software and services,” said Asif Khader, president of Systat
Software. “The expanded product line illustrates our commitment
to providing high-quality, cutting-edge software to scientific researchers
and engineers around the world. We will continue to invest in our
products and technologies so we can best serve the needs of our
customers.”
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