FOR IMMEDIATE RELEASE

MV Software Company Receives Patent for Business Intelligence Software

Clawson, MI, February 7, 2007 -- MV Software Company, based in Clawson, Michigan, announced that it received a patent for its business intelligence software product, Maxene Reporter™.

Maxene Reporter™ is a business analytics and report writing solution that amplifies the functionality and familiarity of Microsoft® Excel® to generate enterprise-quality business decision reports and dashboards with significantly lower cost, complexity, IT demands, and training.

"Maxene Reporter enables end-users to use their own spreadsheets without having to spend lots of time in manual data importing or data processing tasks", said CEO, Pavan V. Muzumdar. "It is very exciting for our company to receive this patent. It is a validation that our product contains some unique and novel characteristics", he added.

"Companies are spending large amounts of money and effort to develop analytical tools and dashboards to provide decision support across all functional areas. Our product brings the same capabilities with a much smaller technical footprint, at much lower cost and complexity," Mr. Muzumdar continued.

As a server based, web-enabled application, Maxene Reporter™ can be easily deployed and administered, with easy integration into third-party software applications. It also provides bidirectional transfer of data between spreadsheets and external databases.

The company has several customer installations and is negotiating with development and service partners to license the technology to third-party software providers.
 

About MV Software:

MV Software Company with offices in Clawson, Michigan, and Mumbai, India, is an independent software developer providing business applications to small, medium, and large organizations. It currently markets Profits Plus™, an ERP system; MVSWeb™, a platform for electronic commerce and document presentation; and Maxene Reporter™, a business intelligence and analytics application.