Press Releases : 2005

Oblicore named "COOL VENDOR" by leading analyst firm

Vendor Selection Based on Innovation, Impact and Intrigue

COLUMBIA, Md. - April 26, 2005 - Oblicore, Inc., a leading provider of enterprise applications to manage, monitor and report on service level agreements and outsourcing contracts, today announced that the company has been included in the list of “Cool Vendors” in the “Cool Vendors in IT Service Portfolio Management and IT Service Dependency Mapping, 2005” report by Gartner, Inc. Oblicore is recognized as a “Cool Vendor” by Gartner because its technology met criteria based on product innovation, impact and intrigue to Gartner analysts.

According to the report authored by Kris Brittain, Debra Curtis, et al, “Internal customers within enterprises have been pressing their IT organizations to become better business partners, to improve service quality and to attain greater efficiency, all, of course, without increasing cost. In response, IT organizations are re-engineering their processes to deliver more business-oriented IT service management. A new set of "cool" vendors has come to light during 2004, offering innovative solutions aimed at assisting in this transformation with solutions that push beyond the boundaries of IT silos to affect the entire business management of IT.”

“IT organizations are under enormous pressure today to deliver consistent levels of IT service performance while maintaining or reducing costs”, said Yuval Boger, CEO of Oblicore. “Relying on systems management platforms alone may provide technical insight into how individual systems are performing, but gaining true visibility into how service level performance is impacting your core business takes a more sophisticated approach. Oblicore satisfies this need by mapping service level performance from IT systems to the business terms of service level agreements and outsourcing contracts. We are pleased to be recognized as a ‘Cool Vendor’ by Gartner with more reported customers in production than any other vendor on the list.”

About Gartner’s “Cool Vendor” Report

Gartner’s listing does not constitute an exhaustive list of vendors in any given technology area, but rather is designed to highlight interesting, new and innovative vendors, products and services. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness of a particular purpose.

Gartner defines a cool vendor as a company that offers technologies or solutions that are: Innovative, enable users to do things they couldn’t do before; Impactful, have, or will have, business impact (not just technology for the sake of technology); Intriguing, have caught Gartner’s interest or curiosity in approximately the past six months.

About Oblicore

Oblicore is a leading provider of enterprise applications that manage, monitor and report on service level agreements (SLAs) and outsourcing contracts. Oblicore applications provide real-time visibility into service performance and reduce the cost and effort of reporting. The company is in its sixth year of operation and has gained broad market and customer acceptance. Global customers include leading telecommunications, financial services/banking, service provider, healthcare and manufacturing companies worldwide. For more information, please visit www.oblicore.com.

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