Microsoft and TARGIT have prolonged an OEM-agreement, which means that TARGITs Business Intelligence-tools, also in the future, can be delivered as an integrated part of Microsoft Dynamics NAV.

Hjørring, November 24, 2006 – TARGIT has just resigned a strategically important agreement with Microsoft. In all simplicity, the agreement is that TARGIT will continue to develop the business intelligence-tool, which is delivered as an integrated part of Microsoft Dynamics NAV, the former Navision. Next year, Microsoft is launching Microsoft Dynamics NAV 5.0, and also in the new edition, customers can make a mark at Microsoft Business Analytics, which is a basic version of TARGIT’s main product, TARGIT BI Suite.

Business intelligence has become a popular tool for the ERP-suppliers, when management at a client’s organization needs to see how all the data in the ERP-solution can be converted into business-critical knowledge. Therefore, business intelligence is increasingly incorporated as a permanent part of an ERP-solution, and in Microsoft Dynamics NAV, it is the TARGIT-technology that continuously can be bought through Microsoft’s reseller channel.

Already, TARGIT is one of the large suppliers of business intelligence for Microsoft Dynamics AX (formerly known as Axapta), and with the new agreement for Microsoft Dynamics NAV, TARGIT can further extend its position in the market.

“We are very happy, of course, that Microsoft has chosen yet again to point at TARGIT’s business intelligence-technology for the users of Microsoft Dynamics NAV. There is a huge demand for business intelligence across the entire market, and we see a clear tendency: that users who experiences the opportunities with Business Intelligence, often choose to upgrade to a full TARGIT solution. That is a very positive development, which both helps the distributors and TARGIT as a company”, says Flemming Madsen, Senior VP of Sales in TARGIT.

The new contract with Microsoft has been concluded with the person who is globally responsible for Microsoft’s OEM-agreements in Fargo, US.

For further information contact: info@targit.com

About TARGIT

TARGIT was founded in 1986 with the current CEO, Morten Sandlykke, as one of the founding partners. Today, TARGIT is the largest developer of business intelligence in Denmark and the core product, TARGIT Business Intelligence Suite, is distributed by more than 250 business partners around the world. The first business intelligence-product from TARGIT was based on the idea of user-friendliness, flexibility, and simple implementation; core values which have since characterized TARGIT’s solutions. TARGIT is Microsoft Gold Certified Partner within the competencies ISV/Software Solutions and Data Management Solutions.