Business Intelligence Software Provider, Armanta,

Reports Record Performance for Eighth Consecutive Year

Company’s Growth Reflects Need for BI During Tough Economy

Morristown, NJ, March 19, 2009 – Armanta, a leading provider of the world’s most advanced business intelligence solutions for the financial services industry, announced today record results for fiscal year 2008, representing consistent growth each year since the company’s inception.

To keep pace with its record growth, in 2008 Armanta added to its board of directors, including the addition of Michael Jones, Google’s chief technology advocate. The company also appointed Patrick Gagnon, vice president of sales.

"Armanta’s record growth, in spite of an economic downturn, lends credence to the value of our business intelligence solutions,” said Armanta CEO Peter Chirlian. “Armanta customers are finding that our BI solutions solve the need for very company-specific business intelligence that helps them better analyze data throughout the institution, automate core business processes to facilitate better decision making, establish greater reporting capabilities and ensure full transparency. These are capabilities that would take months if not years to achieve through in-house development. We’re confident that we will continue our year-over-year growth trend in 2009, as more and more financial services customers realize the advantages of using our highly customizable turnkey solutions as a very powerful alternative to in-house development.”

About Armanta, Inc.
Armanta is the premier provider of a new generation of business intelligence software that allows some of the world’s leading financial institutions to produce complex, large-scale and highly customized applications with a precision and speed of development that has been previously unobtainable. The Armanta suite consists of flexible, scalable and fully integrated components that allow customers to quickly leverage valuable data throughout the institution to make critical business decisions and automate core business processes. Founded in 2001, Armanta is headquartered in Morristown, N.J. Complete information about the company and its products is available at www.armanta.com.

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