Press Room

Systat Licenses Equbits Predictive Modeling Framework

Systat and Equbits embark on partnership to bring automated SVM modeling to the data mining community.

Richmond, Calif., October 5th, 2005

Systat Software, Inc. ( " Systat " ), a leading provider of specialized scientific software products & services, today announced a strategic alliance with Equbits LLC, the leading provider of SVM based predictive modeling software.

The partnership will allow SYSTAT customers to take advantage of Equbits Support Vector Machines (SVM) modeling capabilities, including model building and tuning and enhanced enterprise level integration between the company's products. As a result of the partnership, researchers in the areas of Genomics, Computational Chemistry, Image Analysis, Market Analysis and Fraud Detection will be able to solve core classification and regression problems in a more accurate manner. The integrated module will be marketed under the SYSTAT brand with over 65,000 users globally and distributed by Systat in 2006.

SYSTAT is an integrated desktop statistics and graphics software package that provides an extensive selection of reliable statistics and high-quality interactive graphics enabling Scientists, Engineers, and Statisticians to efficiently analyze, visualize and present their data.

" Equbits is excited to work with Systat in bringing novel machine learning technologies to the data mining community. By incorporating Equbits technology within the Systat product line, Equbits continues to demonstrate success in commercializing novel approaches to serving the data mining community, " says Ravi Mallela, Founder, Equbits LLC.

EQUBITS Foresight™ is an easy to use desktop and enterprise predictive intelligence and analytics software built on SVM technology that provides high predictive accuracy, interpretation and discovery.

" With this initiative we have addressed a new market in the data mining space. We are very excited about this engagement and are looking forward to working with Equbits in developing better products to address the needs of the scientific and engineering community, " added Mueed Khader, Director, Systat Software, Inc.

About Equbits

Equbits LLC is a market leader in providing accurate, automated, and interpretable Support Vector Machine (SVM) based predictive intelligence and analytics software. Founded in 2003, Equbits increases productivity by providing the most accurate predictive modeling application in the marketplace. For more information contact : info@Equbits.com or call 888-318-3377.

About Systat Software, Inc.
Systat Software, Inc., is a leading developer and supplier of award-winning scientific software and services to the world's top companies, research centers and universities. Founded in 2002, the company is headquartered in Point Richmond, California, has offices in the United Kingdom, Germany and India and is enhanced by a network of resellers and distributors in more than 30 countries worldwide.

The family of Systat products include SYSTAT®, a comprehensive statistical analysis package, SigmaPlot®, technical graphing and presentation software, SigmaStat®, step-by-step guided statistical analysis, PeakFit, automated peak separation & analysis software, SigmaScan®, powerful image analysis software, TableCurve 2D® and TableCurve 3D®, automated curve and surface fitting software.

 
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