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Host Analytics implements Host Budget at Paramount Farming in just 12 weeks

Los Angeles, CA - March 31, 2005 - In February 2004, Paramount Farming, a sister company to the world's largest supplier of pistachios and almonds, needed a budgeting and forecasting application they could implement for their upcoming May budgeting process. "It was pretty amazing," said Mark Chafin, Manager of Budgets and Reports, Paramount Farming. "I don't think anyone realized the extent of all the legacy systems and reports that needed to come together in order to deliver what we needed. However, by May, we were actually implementing the software and creating budgets at the same time."

Mark attributes the quick launch to the layout and functionality of Host Budget, a web based planning and budgeting software application which provides streamlined budgeting, forecasting, reporting and analysis. "The spreadsheets and templates are similar to Excel, so the learning curve was short," said Chafin. Users access their budget templates from Host Budget through an online Excel interface within Internet Explorer.

As manager of budgets and reports, Chafin is the system administrator and biggest user of Host Budget. "It sure makes my job easier. I am able to generate our company budget with one system and not have to piecemeal several Excel spreadsheets. This function alone streamlines our budgeting process tremendously," said Chafin.

"Knowing that budgeting season was right around the corner, we didn't have time to mess around," said Chafin. We chose to partner with Host Analytics based on their ability to integrate all the custom systems and programs we already had in place. This expertise, along with excellent pricing, propelled us to accept their proposal and agree upon a fixed rate. Host Analytics adhered to the budget and delivered what they promised."

When looking at the implementation process, Chafin attributes a lot of the success to the direct access Host Analytics provided to their technical staff. "There is no middleman," said Chafin. "When we have questions, we call the technical staff directly, this works very well for us."

Another feature of Host Budget is, "When management needs information, I can generate the needed data quickly," says Chafin. "Especially during online presentations, I have access to budget details right at my fingertips."

About Host Analytics

Host Analytics offers the best value in a complete software solution for Business Performance Management in Budgeting, Forecasting, Financial Consolidations, Dashboarding, Scorecarding, Reporting and Analysis. With Host Analytics’ integrated suite of management planning software, organizations can rapidly implement a scalable solution that dramatically reduces the time required to perform these management processes while offering a familiar Excel-like interface to users. The management of the software is simplified by having it reside on one central server. Host Analytics’ customers use the BPM Suite to simplify the reforecasting process, eliminate problems associated with multiple linked spreadsheets, model different scenarios, monitor company performance, and strategically align the organization.

For additional information, visit our web site at www.hostanalytics.com or contact us via email at info@hostanalytics.com or via phone (314) 588-2121.

About Paramount Farming

Our 28,000 acres of pistachio orchards are the largest in the Western Hemisphere. And, in a state famous for its almonds, we are proud to be California's largest almond grower, with more than 24,000 acres of permanent almond orchards.

Paramount Farming's sister company Paramount Farms is the world's largest vertically integrated supplier of almonds and pistachios. Almond Munchies is the latest launch from Paramount Farms, a company with a long established history building successful produce brands including Sunkist® California Pistachios, a top seller; and Sunkist® Almond Accents®, the leading flavored, sliced almond topping. Sister brands include POM Wonderful®, the largest grower of California Wonderful pomegranates and producer of POM Wonderful® Pomegranate Juice.

For additional information, visit www.paramountfarms.com.



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