U.S. Army Selects CorVu for Strategic Readiness System
Army's Balanced Scorecard Will Measure and Analyze Readiness
Minneapolis - 30 July 2002 CorVu Corporation (OTC BB: CRVU), a leading provider of enterprise performance management solutions, today announced that the U.S. Army has selected CorVu's CorManage to automate its Balanced Scorecard, the centerpiece of the Strategic Readiness System (SRS).
The SRS, a project with a total budget estimated at $30 million over the next six years, was developed to measure and manage Army readiness for the Secretary of the Army (SA) and Gen. Eric K. Shinseki, the Chief of Staff of the Army (CSA), who directed his Deputy Chief for Operations and Plans "to develop a readiness reporting system that is accurate, objective and timely in its measurement of the Army's ability to support the National Military Strategy and allows the CSA to direct resources in order to influence readiness across the Army."
Working with the Balanced Scorecard Collaborative, Inc. (BSCol) and Booz Allen Hamilton, the Army selected CorVu from a field of leading providers of Balanced Scorecard applications. CorManage, combined with CorVu's HyperVu and RapidScorecard, provides the Army with an integrated enterprise performance management solution encompassing business intelligence and Balanced Scorecard. As a result, high-level strategic management is linked directly to daily operational analytics, facilitating effective management and communication throughout the Army, Major Commands and Minor Commands.
The Army will measure its readiness, transformation and sound business practices, ensuring that it delivers a "trained and ready force for today and the future"; focus on enhancing well-being, promoting Army values and improving and implementing leader development programs; ensure appropriate resource allocation including funding, people, time, institutions, installation and infrastructure; and monitor alignment to its stakeholder mission: "to serve the American people, protect enduring national interests, and fulfill national military responsibilities."
"We are honored to provide the U.S. Army with the strategic solution that it needs to ensure fingertip access to its critical performance information, enabling it to enhance its overall efficiency and better lead America's national defenses in times of need," said Alan Missroon, Vice President of Sales, CorVu Americas. "Increasing numbers of state and federal agencies globally are looking to CorVu for the highest standard in performance management solutions as they move to streamline operations."
About CorVu Corporation
CorVu Corporation is a global provider of enterprise business performance management, e-business intelligence and Balanced Scorecard solutions. Combining OLAP query and reporting, executive dashboard alerts and forecasting, CorVu's solutions offer information analysis capabilities that empower our customers to achieve strategic objectives and improve business performance. CorVu provides a comprehensive business performance management solution to over 3000 customers, including leading suppliers in aerospace, banking, financial services, healthcare, hospitality, insurance, manufacturing, mining, the public sector, telecommunications, and transportation. For more information, please visit www.corvu.com or call 800.610.0769.
Contact: Sara Nicole Combs CorVu Corporation 770.891.0833 email@example.com Maj. Chris Conway U.S. Army 703.697.7589 Christopher.Conway@hqda.army.mil