June 2, 2008

eThority's User-Obvious BI Solution Generates $600,000 Annual Savings for CVMBS

eThority

CHARLESTON, S.C., June 2, 2008 - eThority, a company delivering powerful business intelligence through a user-obvious interface, announced that Colorado State University's College of Veterinary Medicine and Biomedical Sciences (CVMBS) is using eThority's Enterprise Edition business intelligence solution.

CVMBS implemented the web-based software to simplify the extensive reporting required by grant recipients, and will extend it to its seven colleges. CVMBS will realize a $600,000 annual decrease in staff costs by using Enterprise Edition.

A complex in-house data warehouse had solved their problem of integrating data sources, but only IT staff could utilize it. With 1,100 employees and a $150 million operating budget, IT could not cope with the pace of reporting and looked to eThority for a solution that could be used more widely.

With Enterprise Edition, all college staff can now access data without training and create visually stunning reports quickly. Prior to implementing Enterprise Edition, CVMBS' accounting staff spent three weeks a month reconciling financial reports against 1,800 accounts to track grant monies. The process now takes one hour and is almost fully automated. This trimmed the annual reporting budget by 80% to approximately $150,000, providing savings which far exceeded the cost of the solution.

Additional Benefits:
* IT staff became data managers versus report generators.
* Distributed access to, and analysis of, data captures organizational brainpower.
* Top executives access information directly rather than through pre-filtered reports.
* Primary and secondary data source access, including data warehouses and personal spreadsheets/databases.

"We've simply been blown away by what we've achieved in a short time using eThority's Enterprise Edition," said Thom Hadley, Director of Finance and Strategic Services, CVMBS. "Within days of implementation, I created almost 100 new reports that I couldn't have considered creating otherwise. Plus, the solution was implemented in about two months, which was much more quickly than expected."

Links
* Enterprise Edition
* User-Obvious
* Podcast with eThority CEO

About eThority
eThority has a 16-year history in software development, support services and data reporting. The company developed its radically new BI platform to allow customers to synergize their existing investments in information that remains idle in their legacy information systems. eThority's solutions are in use around the globe at major research universities and leading corporations. For more information, please visit www.eThority.com.

Media Contact:
Ted Rossman
914-432-7083
mediainquiries@ethority.com