River Logic Inks Agreement with Celerant Consulting: Largest Independent Operational Consulting Firm to Use River Logic's Enterprise Optimizer(R)

DALLAS (BusinessWire EON) July 10, 2007 -- As a key initiative of the agreement, Celerant will apply EO modeling technology to generate insights in making network change management recommendations for their clients. By using EO, Celerant will have the ability to examine an enterprise and its complex network of facilities as a unified system. Applying their deep knowledge of operations to this model, they will identify actions that will lead to optimizing the client's overall profitability.

"Simply put, we deliver results with certainty for our clients. River Logic's EO will enable us to view our client's organizations more holistically and, as a result, effectively identify optimal performance improvements for them enterprise-wide," said John Robinson, Vice President, Celerant. "EO's outputs or "Opportunity Values" provide compelling, actionable data, which we can use to drive greater operational performance and profitability for clients."

Optimization to date has revolved around solving one or two operational problems in a specific area of the business while making assumptions on their financial impact to the enterprise. Today's most advanced strategic and tactical decision-making tools are based on some form of static activity-based costing. With EO, Celerant will gain the unprecedented ability to determine the optimal outcome across a dynamic network using a financial-based objective function.

"River Logic is launching the next wave of software innovation where holistic modeling technology will have tremendous impact on profitability and competitive differentiation going forward," said Philip Higginbotham, Vice President Partner Development at River Logic. "Celerant understands this shift. Their expert knowledge of sophisticated supply chains and operations combined with a competency in EO will lead to measured advantage for their clients."

"River Logic welcomes this partnership and looks forward to joint success," Higginbotham added.

ABOUT CELERANT CONSULTING

Founded in 1987, Celerant Consulting, Inc. (www.celerantconsulting.com) is a global management consultancy specializing in operational improvement. The Company helps leading organizations worldwide achieve and sustain real gains in bottom-line performance. Celerant works with global organizations across several sectors including Chemicals, Energy, CPG/FMCG, Financial Services, Government, Life Sciences & Healthcare, Manufacturing, Metals & Mining, Pulp & Paper, Retail, Telecommunications and Utilities.

With more than 600 employees, Celerant has headquarters in London and offices in Belgium, Denmark, Finland, France, Germany, the Netherlands, Norway, Sweden, Switzerland and the USA.

ABOUT RIVER LOGIC, INC.

Based in Dallas, Texas, River Logic, Inc. (www.riverlogic.com) is an emerging leader of strategic modeling and planning software applications for businesses and management consultants. Product development, customer support and sales offices are also located in Beverly, Massachusetts; Portland, Oregon; Windsor, Ontario and Russia.

River Logic's flagship product, Enterprise Optimizer(R) ("EO") enables companies to identify quickly the decisions that have the greatest impact on their financial performance. EO uniquely links financial planning and operational performance to create a unified model of the business, detailing rationale for the best strategic, tactical and operational decisions that maximize financial performance.