InformationActive Announces ActiveData for Office(TM)

InformationActive Announces ActiveData for Office(TM), A Powerful, Cost Effective Data Analysis Tool for Accountants, Auditors and Financial Analysts

Ottawa, Canada - August 10th, 2005

InformationActive Inc. announced today the official release of its new data analysis and manipulation engine, ActiveData for Office(TM). Initially announced as a limited release at the Institute of Internal Auditors (IIA) Software Expo at Fairfield, New Jersey in April, ActiveData for Office(TM) has received stellar reviews from its initial customer base and has been endorsed by groups such as the Association of Certified Fraud Examiners (ACFE) who are making the product available to members through their online bookstore.

This marks the second successful product launch that InformationActive Inc. has announced in the past two years. In March 2004, the company introduced ActiveData for Excel(TM), which has since become one of the fastest growing Computer Aided Audit Techniques (CAAT) software packages in the world and has enabled a broad audience to gain access to powerful accounting, audit and financial data analysis tools.

ActiveData for Office(TM) enables users to easily analyze millions of rows quickly and is tightly integrated with the Microsoft Office(TM) environment including Microsoft Excel, Access, Word, Internet Explorer as well as many other applications. It provides new levels of control over information while allowing the flexibility to view results within ActiveData for Office TM itself or within the Microsoft Excel(TM).

ActiveData for Office(TM) stretches the boundaries of traditional data analysis tools by providing exceptional integration with Microsoft Office(TM). Users can now append documents and web pages to their analysis and archive the entire file to facilitate information and document management. ActiveData for OfficeTM also includes a macro capability for recording commonly performed tasks and full audit trail capabilities.

"ActiveData for Office(TM) is a major step forward for our users and for InformationActive," says Michael Pluscauskas, President of InformationActive Inc. "This product provides our customers with a flexible and dynamic platform that not only breaks the Microsoft Excel(TM) row barrier, but also is adaptable and expandable for future planned functionality. Users have been asking for a powerful data analysis tool that works with Microsoft OfficeTM and we have given them that and much more. I'm also proud of the fact that we've provided an exceptionally robust product at a very competitive price."

"As I look back over the last year of development," says John West, VP of technology for ActiveData, "we've made enormous strides both in additions to ActiveData for Excel(TM) technology but more critically in ActiveData for Office(TM). This is the platform that fulfills our vision of providing tools that accountants, auditors, and financial analysts can use every day, that save them time and money with the smallest possible learning curve. I've spent a lot of time this year talking to customers and I think the new product reflects what we've heard."

Richard Lanza of AuditSoftware.net, the internet portal dedicated to furthering the use of computer-assisted tools into the audit process, observed, " ActiveData for Office(TM) picks up where ActiveData for Excel(TM) leaves off. It's a high performance tool that shatters the 65,000 row barrier at an unbeatable price point. If you have only one weapon in your audit or fraud detection arsenal - make it ActiveData for OfficeTM."

A full working 30 day demonstration copy of ActiveData for Office(TM) can be downloaded from the InformationActive web site at: http://www.informationactive.com. For a limited time, the software is available at an introductory price of $449 USD and can be purchased via the InformationActive web site.

To find out more visit InformationActive at:

InformationActive Inc.
96 Third Ave,
Ottawa, Ontario, Canada
K1S 2J8
Phone: 613-569-4675
http://www.informationactive.com
info@informationactive.com

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