MetaMatrix to Offer Information Management Solutions with HP

MetaMatrix Inc., a leading provider of information management software solutions, today announced that it will offer information management solutions for business applications with HP.

Under the terms of the agreement, MetaMatrix' award-winning information management software will be distributed and resold by HP as a core integration component in HP Open Bank, HP Compliance Suite for Financial Institutions and HP Open Reference Data solutions, as well as through its overall financial services industry solution framework.

MetaMatrix provides information management software that enables organizations to meet business information challenges more quickly, and operate more efficiently to gain and keep competitive advantage.

"We are very pleased HP chose MetaMatrix to be their information integration partner," said Joe Chappell, CEO, MetaMatrix. "MetaMatrix offers a dynamic, scalable solution with unparalleled performance, quality and application connectivity, all housed in a reliable architecture."

With MetaMatrix's suite of data services management software products, financial institutions can now consolidate customer information, financial information, product information and investment information on demand to provide integrated views of data. MetaMatrix performs the semantic mediation necessary to get the data into the format that applications need, regardless of the information formats of data sources.

"By embedding MetaMatrix solutions into HP's solution sets, businesses will be able to see real-time views of information from many disparate data sources," said John Wallace, vice president and managing director, Global Financial Services Industry, HP. "This combination, tailored for the financial services industry, enables firms to tackle priorities based on business benefits and organizational readiness."

About MetaMatrix

MetaMatrix is the leading provider of data services management software solutions that make distributed information accessible and manageable, breaking through traditional barriers of location, structure, semantics, and context. MetaMatrix solutions are embedded by some of the world's largest software companies such as SAP, and are in use at the world's largest commercial and government organizations including Merrill Lynch, Credit Suisse First Boston and the Defense Information Systems Agency's Global Combat Support System. Additional information is available by calling (800) 734-1630 or visit http://www.metamatrix.com.

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