Information Builders CEO Gerry Cohen Discusses the State of New York's High Tech Industry in the Midst of Economic Crisis

Panel Includes Union Square Ventures Partner and BusinessWeek Senior Writer

NEW YORK, NY--(Marketwire - October 17, 2008) - Information Builders, the largest software manufacturer in New York City, today announced that its Founder and CEO, Gerry Cohen, will participate on "The State of the NY High Tech Industry" panel at The New York Software Industry Association (NYSIA) event. Cohen joins Co-Founder and Partner of Union Square Ventures, Fred Wilson, Senior Writer at BusinessWeek, Steve Hamm, and President of the Harbrooke Group, Howard Greenstein, to discuss what is working in New York's high tech industry and where the information technology industry stands in this tough economic climate.

This panel of top New York IT industry veterans will explore the following

     -- Where are companies finding growth, which investment trends will be
        funded, and which are most likely to experience a great depression
        of funding?
     -- What is going well for companies in NY and what are the challenges?
     -- What could city, state, and the established private and public
        companies working with NY Tech companies do better to support the

When:   Monday, October 20, 2008 at 6:00 p.m. EDT to 8:00 p.m. EDT
Where:  JPMorgan Chase, 270 Park Avenue, 3rd Floor, between 47th & 48th
Who:    Gerry Cohen, President & CEO, Information Builders Inc.
        Steve Hamm, Senior Writer, BusinessWeek
        Fred Wilson, Co-Founder and Partner, Union Square Ventures
        Moderator: Howard Greenstein, President, The Harbrooke Group
What:   NYSIA will host a free 2-hour panel event, with a top panel, to
        discuss where the Information Technology industry stands in this
        economic climate.

Registration: REGISTER HERE, or call (212) 228-7468. Pre-registration is now open and admission is free. There is no guaranteed entrance for walk-in attendees. Registration closes on Sunday, October 19, 12:00 PM.

About The New York Software Industry Association (NYSIA)

NYSIA is the leading trade association for software, information technology, and Web development companies in the New York City area. New York is a national leader in software development! NYSIA's mission is to promote and support the growth of our industry in this region.

NYSIA runs an extensive educational event schedule, sponsors a wide variety of economic development programs aimed at assisting member companies, and carries out legislative work on behalf of the software industry. To contact NYSIA, email or call (212) 475-4503.

About Information Builders

As a leading independent business intelligence (BI) company for the past 30 years, Information Builders has provided innovative solutions to more than 12,000 customers, including most of the Fortune 100 and numerous U.S. federal government agencies. The company's flagship WebFOCUS product is the world's most widely used BI platform. Superior architecture and intuitive nature enables WebFOCUS to address the needs of everyone in the extended global enterprise -- executive, analytical, operational, and beyond. It provides the agility to adapt to changing business conditions with the security, scalability, and flexibility to support dozens to millions of users.

Unique to the company is the integration expertise it brings to the BI market. Information Builders iWay Software suite solves complex integration problems with pre-built components that require minimal custom programming. The award-winning combination of WebFOCUS and iWay give Information Builders customers the ability to embrace the company motto: "Everyone Makes Decisions."

Information Builders is committed to customer service excellence with a Professional Services division that specializes in building custom applications using WebFOCUS and iWay Software. Headquartered in New York City with 90 offices worldwide, the company employs 1,450 people and has more than 350 business partners.

Contact Information: Press Contacts Kathleen Moran Information Builders (917) 339-6313 Jennifer Moebius Emerge PR (617) 729-3183