Cranes Software Licenses Equbits' Predictive Modeling Framework

Bangalore, October 18, 2005: Cranes Software International Ltd., a leading provider of specialized scientific software products & services, today announced a strategic alliance between its wholly owned subsidiary Systat Software, Inc. ("Systat") and Equbits LLC, the leading provider of SVM based predictive modeling software.

The partnership will allow SYSTAT customers to take advantage of Equbits' Support Vector Machines (SVM) modeling capabilities, including model building and tuning and enhanced enterprise level integration between the company's products. As a result of the partnership, researchers in the areas of Genomics, Computational Chemistry, Image Analysis, Market Analysis and Fraud Detection will be able to solve core classification and regression problems in a more accurate manner.

The integrated module will be marketed under the SYSTAT brand with over 65,000 users globally and distributed in 2006.

SYSTAT is an integrated desktop statistics and graphics software package that provides an extensive selection of reliable statistics and high-quality interactive graphics enabling Scientists, Engineers, and Statisticians to efficiently analyze, visualize and present their data. EQUBITS Foresight™ is an easy to use desktop and enterprise predictive intelligence and analytics software built on SVM technology that provides high predictive accuracy, interpretation and discovery.

Commenting on the partnership, Ravi Mallela, Founder, Equbits LLC. said, "Equbits is excited to work with Cranes Software in bringing novel machine learning technologies to the data mining community. By incorporating Equbits technology within the Systat product line, Equbits continues to demonstrate success in commercializing novel approaches to serving the data mining community."

Mueed Khader, Director, Cranes Software International Ltd. said, "With this initiative, we have addressed a new market in the data mining space. We are very excited about this engagement and are looking forward to working with Equbits in developing better products to address the needs of the scientific and engineering community."


About Equbits

Equbits LLC is a market leader in providing accurate, automated, and interpretable Support Vector Machine (SVM) based predictive intelligence and analytics software. Founded in 2003, Equbits increases productivity by providing the most accurate predictive modeling application in the marketplace. For more information, please visit www.equbits.com.

About Cranes Software International Limited

Cranes Software is a global scientific & engineering products and solutions provider. The Company's business interests straddle products, services, R&D in future technologies, training and high-end consultancy for engineers and scientist worldwide. Focused on the scientific and engineering community, Cranes Software has addressed the needs of a variety of customer groups ranging from large multinational companies to government, defence, educational and research institutions for over a decade. Today, Cranes Software has its presence in 39 countries across the world and has a customer base of more than 350,000. For further information on the company, please visit www.cranessoftware.com.

Systat Software, Inc. is a wholly owned subsidiary of Cranes Software International Ltd. and is a leading developer and supplier of award-winning scientific software and services to the world's top companies, research centers and universities. Founded in 2002, the company is headquartered in Point Richmond, California, has offices in the United Kingdom, Germany and India, and is enhanced by a network of resellers and distributors in more than 39 countries worldwide. For more information, visit www.systat.com.

The family of Systat products include SYSTAT®, a comprehensive statistical analysis package, SigmaPlot®, technical graphing and presentation software, SigmaStat®, step-by-step guided statistical analysis, PeakFit, automated peak separation & analysis software, SigmaScan®, powerful image analysis software, TableCurve 2D® and TableCurve 3D®, automated curve and surface fitting software.