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Honour Healthcare and River Logic Deliver Comprehensive Integrated Business Planning Solution Through Strategic Alliance
Date:6/25/2008

DALLAS, June 25 /PRNewswire/ -- River Logic, Inc., the leading provider of integrated business planning solutions, today announces the formation of a strategic alliance with Honour Healthcare, a healthcare consulting firm that helps hospitals from strategy to implementation.

Under the terms of the agreement, Honour Healthcare, a Newmark Knight Frank company, will use River Logic's award-winning software, Enterprise Optimizer(R), to provide enterprise-level integrated business planning solutions for clients within the healthcare industry.

Enterprise Optimizer is the only performance management software that aligns metrics, targets and execution requirements with strategy and financials. Through real-world integrated business planning, Enterprise Optimizer quickly identifies decisions that have the greatest impact on financial performance by providing a unified model of the entire enterprise.

Jim Price, Honour Healthcare's managing partner, states, "Developing strategies that yield sustainable competitive advantages are very difficult in today's complex healthcare environment. Connecting strategy to operations is essential for delivering optimal care, while remaining fiscally responsible." Price continues, "Enterprise Optimizer helps hospital leaders select those opportunities that optimize their organization's performance given market realities and operational and financial constraints."

John Oldham, senior vice president of River Logic, said, "Honour Healthcare's depth of experience, combined with our industry-leading planning software, brings a new level of planning sophistication and optimization to the industry. Additionally, Honour Healthcare is a tremendous asset to River Logic's rapidly growing Partners Program."

About River Logic, Inc.

Dallas-based River Logic (http://www.riverlogic.com) is the leading provider of Integrated Business Planning solutions. River Logic's award-winning product, Enterprise Optimizer (EO), improves performance by providing true integrated planning across the enterprise. By linking strategic and operational planning with financial planning, EO provides a unified model of the business. Using proprietary technology and advanced mathematics, EO identifies the decisions and activities that will deliver the best financial outcome. Through unprecedented speed and insight, EO provides driver-based "what-if" scenarios, resource optimization, process simulation, and resolution of infeasible scenarios. Additionally, EO eliminates the need for coding, debugging and maintaining formulas.

Honour Healthcare

Based in Atlanta, Georgia, Honour Healthcare (http://www.honourhealthcare.com) provides innovative, responsive and integrated advisory services that align strategic planning with operations to achieve performance goals. Specifically, Honour Healthcare provides its clients with strategies for sustaining profitable growth and lean operations, as well as expertise in performance-based facilities management.

Newmark Knight Frank

Newmark Knight Frank (http://www.newmarkkf.com) is one of the largest independent real estate and consulting service firms in the world. Headquartered in New York, Newmark Knight Frank and London-based partner Knight Frank operate from over 165 offices in established and emerging property markets on six continents. With a combined staff of more than 5,300, this major force in real estate advisory is meeting the local and global needs of owners, tenants, investors and developers worldwide.


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SOURCE River Logic, Inc.
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