Applix Named to Boston Globe's Globe 100 List for Second Straight Year

WESTBOROUGH, Mass., May 18 /PRNewswire-FirstCall/ -- Applix, Inc. , a global provider of Business Performance Management (BPM) and Business Intelligence (BI) applications, has been named to the 18th Annual "Globe 100" list of top performing public companies in Massachusetts, compiled by the Boston Globe business editorial staff.

Based on 2005 financial data, Applix was ranked 27th among Massachusetts-based companies whose stock is publicly traded on the Nasdaq, New York Stock Exchange or American Stock Exchange. It is the second consecutive year that Applix has been included in the Globe 100. Among the Globe 100, Applix had the 9th highest Return on Average Equity. This year, Applix was also ranked 11th on the "Growth 50" listing, which ranks companies by average annual revenue and profit growth for the past two years.

"2005 was another record year for Applix as a pure analytics company," said David Mahoney, Applix president and chief executive officer. "Top line revenue growth, license growth, margin growth, even maintenance growth helped us to extend our successive quarters of profitability and position Applix as a leader. Applix's inclusion in the Boston Globe's Growth 50 is yet another indicator that the company's financial position and operational growth are strong.

Mahoney continued, "Looking ahead, we expect to build upon the traction we have developed in the emerging market of operational performance management, which we expect to be an exciting opportunity and growth area for us in 2006 and beyond."

"The companies in the Globe 100 represent the brightest lights of the Massachusetts economy," said Caleb Solomon, Boston Globe business editor. "This year's top 10 Globe 100 companies span a variety of industries -- Internet and communications technologies, defense contracting and technology, biotech, life sciences, and financial services. This diversity is key to the strength of the region in the ever-changing and competitive global economy."

Applix's flagship application, TM1, is the market-leading performance management application, with independent analyst firms certifying TM1 delivers the highest rates of customer satisfaction(1) and overall business benefits achieved(2).

About the Globe 100

The Globe 100, now in its 18th year, ranks Massachusetts-based public companies based on financial data from the four quarters ending closest to December 31, 2005, and for corresponding quarters a year earlier.

About the Boston Globe

The Boston Globe is part of The New York Times Company , a leading media company with 2005 revenues of $3.4 billion, includes The New York Times, the International Herald Tribune, The Boston Globe, 15 other daily newspapers, nine network-affiliated television stations, two New York City radio stations and 35 Web sites, including NYTimes.com, Boston.com and About.com. The Company's core purpose is to enhance society by creating, collecting and distributing high-quality news, information and entertainment.

About Applix

Applix is a global provider of Business Performance Management and Business Intelligence applications based on Applix's TM1. TM1 applications enable continuous strategic planning, management and monitoring of performance across the financial and operational functions within the enterprise. Applix is a founder of the BPM Standards Group, and has been recognized by numerous industry analyst groups for its technical leadership and vision in the marketplace.

More than 2,200 customers worldwide use TM1 for tight integration with Excel, real-time response, adaptability, and low total cost of ownership. Delivered by Applix and by a global network of partners, TM1-based applications help customers manage their business performance and respond to the marketplace in real time. Headquartered in Westborough, MA, Applix maintains offices in four countries in Europe, North America and the Pacific Rim. For more information about Applix, please visit http://www.applix.com/.

Any statements in this press release about future expectations, plans and prospects for Applix, Inc., including any statements containing the words "believes," "anticipates," "plans," "expects," and similar expressions, constitute forward-looking statements. Forward-looking statements necessarily involve risks and uncertainties, and actual results could differ materially from those indicated by such forward-looking statements as a result of various important factors. Factors that could cause or contribute to such differences include without limitation, competitive pressures, changes in customer demands, adverse economic conditions, loss of key personnel, litigation, potential fluctuations in quarterly results, lengthy sales cycles, market acceptance of new or enhanced products and services, factors affecting spending by customers and other risks, uncertainties and factors including those described in the Company's most recent Form 10-K or 10-Q under the heading "Risk Factors"/"Factors That May Affect Future Results." In addition, the forward-looking statements provided by the Company in this press release represent the Company's views as of the date of this release. The Company anticipates that subsequent events and developments may cause the Company's views to change. However, while the Company may elect to update these forward-looking statements at some point in the future, the Company specifically disclaims any obligation to do so, and these forward-looking statements should not be relied upon as representing the Company's views as of any date subsequent to the date of this release.

Applix and TM1 are registered trademarks of Applix, Inc. All other trademarks and company names mentioned are the property of their respective owners.

(1) 2006 BPM Pulse Survey, BPM Partners, March 2006. (2) OLAP Survey 5, Nigel Pendse, December 2005. Charlotte Locke Kelley Kassa Applix Davies Murphy Group, Inc. (508) 475-2441 (781) 418-2406 clocke@applix.com kkassa@daviesmurphy.com http://www.applix.com/ http://www.daviesmurphy.com/