[March 28, 2012]

Revitas Enters Software Licensing Deal to Help Clients Address Risk and Compliance

Revitas, a leader in Enterprise Revenue Dynamics (ERD) solutions for contracts, pricing and compliance announced that it has selected IBM (News - Alert) data lifecycle governance software to integrate into its suite of ERD offerings to help companies increase profitability and lower risk. Under the license agreement, Revitas will broaden and solidify its suite of product offerings with IBM InfoSphere Optim Data Growth Solution archiving technologies to facilitate compliance with retention regulations for clients in life sciences, manufacturing and distribution, and public sector industries.

Revitas software applications enable clients to analyze and optimize data for contract and revenue management, ad for compliance needs to help them reduce exposure to risk. Embedding IBM InfoSphere Optim software into Revitas technology provides clients with industry-leading governance and data monitoring capabilities to protect privacy and security, reduce errors, and ensure the highest data quality for business applications.

"We have seen much value from our relationship with IBM to date and are excited to deliver integrated solutions to our clients," says Al Smith, President and Chief Operating Officer, Revitas. "IBM's highly regarded technology will support our ERD solutions by allowing us to quickly bring to market powerful data management product offerings. Through the license agreement, Revitas is standardizing its solutions with IBM software to improve profitability, increase performance and lower costs."

"Clients demand their business data be continuously available, reliable, and secure to power their next generation business analytics applications," says Robert Thomas, Vice President of Business Development, IBM. "The combination of Revitas and IBM software takes the complexity out of business data and boosts the quality of analytics to help decision makers identify trends and capitalize on them."

About Revitas:

Revitas, the leader in Enterprise Revenue Dynamics, delivers integrated solutions for contracts, pricing, and compliance that drive higher profitability and lower risk. Revitas empowers companies to optimize contract performance by defining, managing, and analyzing complex, multi-tier pricing incentives and enables positive proof of compliance with commercial, financial, and industry requirements. Powered by the secure, scalable, and standards-based Flex™ platform, Revitas™ applications speed time to market and improve visibility across B2B relationships. Hundreds of organizations across the most highly regulated and challenging industries leverage Revitas integrated solutions to save money, make money, and reduce risk. For details, visit www.revitasinc.com.

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