Vancouver, BC – March 11, 2004 – Simba Technologies Inc. is pleased to announce that INEA Corporation, the leading provider of Performance Management solutions for financial institutions, has licensed SimbaProvider SDK.

SimbaProvider SDK is the leading software development toolkit for creating OLE DB for OLAP (ODBO) and XML for Analysis (XMLA) connectivity to analytical and multidimensional data stores. More than 50% of all ODBO providers in use today were built using this toolkit. SimbaProvider SDK allows information within closed or proprietary data stores to be exposed to reporting tools and the web. This gives knowledge workers broad access to data and more choices about how they can turn this data into information – this results in more intelligent decisions that translate into a distinct competitive advantage.

“Simba is all about providing data connectivity solutions that make our customers more competitive in their respective marketplaces”, says Amyn Rajan, President and CEO of Simba Technologies. He continued, “We are proud to announce our partnership with INEA and are confident that our technology and expertise will help ensure their continued rapid growth as a leading provider of performance management software for financial institutions. We look forward to a long and successful relationship with INEA.”

INEA Corporation is the first performance management software provider to focus exclusively on the financial services industry. It is the only application to deliver industry enriched enterprise planning, forecasting, modeling, profitability analytics, management and regulatory reporting on a unified platform. INEA offers a comprehensive, cost-effective vertically-focused performance management solution for financial institutions.

“INEA’s software is deployed in some of the largest Financial Institutions in the world, and typically has to operate cooperatively with numerous other applications within a client’s enterprise applications architecture,” commented Mark Ruddock, President and CEO of INEA, “The Simba solution has permitted us to accelerate the delivery of an open interface, that permits myriad third party applications to seamlessly access INEA’s data, and leverage its core functionality.”

 About INEA Corporation

INEA Corporation is the first performance management software provider to focus exclusively on the financial services industry. It is the only application to deliver Financial Services industry enriched enterprise planning, forecasting, modeling, profitability analytics, management and regulatory reporting on a unified web-based platform. Many of the world’s leading financial institutions rely on INEA, including Mellon Financial Corporation, Royal Bank of Canada, Scotiabank, KeyBank, and TD Bank Financial Group. INEA is based in Toronto with offices in New York, Boston and London. For more information on INEA visit www.ineacorp.com.

 About Simba Technologies

Simba Technologies is the recognized world leader in standards based data access products, solutions, and services. We deliver data connectivity and interoperability solutions to many of the world’s leading companies on various platforms including Windows, Solaris and Linux. Our best-in-class products support multiple interfaces, including ODBC, JDBC, OLE DB, OLE DB for OLAP, XML for Analysis, ADO and ADO.NET.

Simba’s software is used in dozens of countries across all continents and its customer base includes many leading Independent Software Vendors (ISVs) and global enterprises, including SAP, Hyperion Solutions, Business Objects, Alterian PLC, MIS AG, Poet Software GmbH, Sequiter Software, ABAS Software and Unify Corporation.

Simba operates from its global headquarters in Vancouver, British Columbia, Canada. For more information, please visit www.simba.com or call 1 604 633 0008.

For more information on INEA, please contact: Corinee Schmid, Director – Product Marketing, 416-860-0887, ext 309 or email corinne.schmid@ineacorp.com

For more information on Simba Technologies, please contact us.