Clarity Systems Positioned in Visionaries Quadrant of 2007 Magic Quadrant for CPM Suites

    Evaluation based on Ability to Execute and Completeness of Vision

    TORONTO, Jan. 8 /CNW/ - Clarity Systems, a leader in corporate
performance management (CPM) solutions, today announced it has been positioned
by Gartner, Inc. in the Visionaries quadrant in the 'Magic Quadrant for CPM
Suites, 2007'(1) report.
    "We believe Gartner's report acknowledges our software for its openness,
flexibility and depth of functionality in all areas of CPM," says
Mark Nashman, President, Clarity Systems. "In my opinion, it distinguishes
Clarity Systems as a thought leader and innovator in the CPM market."
    Clarity Systems is one of the remaining independent CPM specialists
providing enterprises with a truly unified and open approach to CPM with its
feature solution, Clarity 6. In comparison to solutions offered by larger
vendors, who are currently in the process of rationalizing acquired products,
Clarity 6 is preferred by leading organizations for offering a complete, web
based application that leverages Excel and Web interfaces.
    Earlier this year Clarity Systems extended its CPM solution with the
launch of Clarity FSR (Financial Statement Reporting) - a revolutionary
product that makes it easier for organizations to create and submit external
financial and regulatory reports such as the 10K and 10Q. Clarity FSR is the
only product of its kind on the market and has helped to strengthen Clarity's
leadership in the CPM market.
    "Clarity is the natural choice for companies looking for an independent
CPM specialist offering a best-of-breed solution," says Nashman. "Our focus
has been to provide a single, unified and open CPM solution to our customers
to help them accurately plan, analyze and report on organizational
performance. Clarity's strength in the CPM market is evident through our more
than 100 per cent year-on-year growth in license revenue. We believe Gartner's
Magic Quadrant for CPM Suites recognizes what our customers already
understand: Clarity delivers visionary CPM solutions to the market."

    About the Magic Quadrant

    The Magic Quadrant is copyrighted December 2007 by Gartner, Inc. and is
reused with permission. The Magic Quadrant is a graphical representation of a
marketplace at and for a specific time period. It depicts Gartner's analysis
of how certain vendors measure against criteria for that marketplace, as
defined by Gartner. Gartner does not endorse any vendor, product or service
depicted in the Magic Quadrant, and does not advise technology users to select
only those vendors placed in the "Leaders" quadrant. The Magic Quadrant is
intended solely as a research tool, and is not meant to be a specific guide to
action. Gartner disclaims all warranties, express or implied, with respect to
this research, including any warranties of merchantability or fitness for a
particular purpose.

    About Clarity Systems

    Clarity Systems delivers superior CPM software solutions, training,
consulting, and advisory services for financial budgeting, planning,
reporting, consolidation, and analytics to a large client base across North
America and the United Kingdom. With a rich feature set, Clarity 6 is a
unified application that offers the flexibility, security, and control needed
to meet compliance requirements, make more informed business decisions, and
ensure better corporate responsibility. As a Branham 300 top 100 IT company,
Clarity Systems continues to experience a large growth in revenue, expand its
client base, and lead the industry as the CPM solutions' specialist. For more
information on Clarity, please visit our website at or
call us at 1-877-410-5070.

    (1) Gartner, Inc. "Magic Quadrant for CPM Suites, 2007" by N. Rayner et
    al. December 19, 2007

For further information:

For further information: Joanna Bonos, Media Relations, Clarity Systems
Limited, (416) 250-5500 ext. 417, Toll free: 1-877-410-5070 ext. 417,

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