Assertive sponsors the Financial Management Conference organized by CFO Agenda Magazine, EEDE and Boussias Communications. The Conference with title "Decode the economics of crisis, get ready for the new business reality" has been held at Athenaeum Intercontinental Hotel on Tuesday 6 December 2011. 3rd Financial Management Conference opens the dialog for the next day of the Greek economy, evaluates different perspectives of the country development and analyzes best practices on a series of seasonable subjects of financial management such us credit risk management, cost management, profitability and performance management.

Frigoglass is the leading player in the global Ice-Cold Merchandisers (Beverage Coolers) market and is the largest glass bottle producer in West Africa, meeting the needs of beverage companies worldwide. Today Frigoglass is the largest and most geographically diverse company in the Ice-Cold Merchandising (ICM) market with sales and manufacturing operations spanning 19 countries across five continents.

Frigoglass selects Assertive and SAP BusinessObjects software in order to implement a Business Intelligence solution that will improve its group raw materials spend performance and meet its diversified reporting and analysis needs. The system will help Frigoglass to gain better spend visibility and solve the spend data challenge by automating data capture from its production units and improving data accuracy for faster insights. Relevant and timely information, detailed access to critical performance metrics with automated data collection derived from actual business processes will offer Frigoglass the ability to optimize raw material spend and maximize cost savings by increasing end user analytical capabilities and improving corporate decision making.

Following its business development strategy, REAL CONSULTING has announced the acquisition of majority stake in ASSERTIVE S.A.

Assertive S.A., is a specialized Enterprise Performance Management solutions provider that focuses in the supply, design, implementation and continuous support of integrated financial consolidation & reporting, budgeting, planning and forecasting, business intelligence, profitability & costing, performance scorecard applications to medium and large sized organizations in Greece. Through its high degree of knowledge and expertise derived from enviable track record of successful client implementations, Assertive provides a comprehensive portfolio of services in the majority of verticals such as Telecommunications, Financial Services, Manufacturing, Consumer Goods, Retail and Distribution. With this acquisition, Real Consulting will accelerate farther its market penetration in Enterprise Performance Management and Business Intelligence domain by offering integrated solutions that manage more efficiently the strategy and risk, profitability and cost, budgeting and planning and financial consolidation and reporting activities of any modern organization.

With the signing of the agreement, Managing Director of Real Consulting, Mr. A. Papargyris made the following statement: "We are delighted to announce the acquisition of Assertive. Real Consulting and Assertive share a common vision for the future development of Business Intelligence and Enterprise Performance Management solutions and this acquisition is an excellent strategic fit for our growing business. This combination transforms this great vision into reality. Our common goal is the provision of powerful and innovative solutions giving to our clients the valuable insight in order to better optimize their performance and respond more quickly to critical and continuous changing market conditions".

Mr. Argyris Karatrantos, Managing Director of Assertive said: "We are confident that the participation of Real Consulting -one of the most prominent information technology organizations- in our company, will give us the ability to develop farther our dynamics in Enterprise Performance Management and Business Intelligence market. Real Consulting's massive knowledge in the implementation of ERP systems and Assertive's extended experience in delivering EPM and BI solutions constitute an excellent and reliable combination from which our clients can benefit now and in the future".

Assertive will sponsor the SAP World Tour 2011. The conference will take place at Athens Concert Hall on October 4.

ISO 9001:2008 Quality Management System enables Assertive to demonstrate its commitment to service quality and customer satisfaction and is applicable to sales, design, implementation, installation, support and training of integrated software solutions with special focus on Enterprise Performance Management and Business Intelligence Consulting Services.

Interamerican Group, selects Assertive and SAP solutions to automate and better improve its consolidation, financial and management reporting processes. Interamerican subsidiaries successfully operates in Insurance, Assistance, Health and Financial Services sector. Interamerican group of companies has leading positions in all areas of its business activities, is among the top 20 more famous and prestigious companies in Greece and is a member of Eureko, one of the largest and most powerful financial groups in Europe.

SAP Business Objects Consolidation solution will be integrated with SAP ERP operates in Headquarters and subsidiaries and will support the demanding needs of Interamerican management for improving the speed and quality of the financial close process for both statutory and management reporting. The solution will minimize business and compliance risk by enabling transparency into financial information, will improve alignment with regulatory and reporting standards and better support the management and optimization of group financial performance.

Thrace Plastics Group, selects Assertive and SAP solutions to improve its strategic and financial performance management processes for Consolidation, Planning and Business Intelligence. Thrace Plastics awarded to Assertive a project based on SAP Business Objects solution in order to improve and automate the Consolidation of its financial statements across its operations and subsidiaries, reduce its entire Budgeting, Planning and Reporting cycle and increase transparency into financial and operational information. With a turnover for year 2009 of 197mil Euros and EBITDA of 21mil Euros, Thrace Plastics Group main activities are in the production and trade of technical fabrics, consumer packaging and industrial packaging products. The group outside Greece operates through subsidiaries in 10 countries with production facilities in Greece, Scotland, Bulgaria, Romania, Turkey and U.S.A., Trading Companies in Ireland, Norway, Sweden and Serbia, has developed a sales network of 50 countries worldwide in Europe, N. America, Japan, Australia and Manufactures 80.000 tones of polymers annually.

The SAP Business Objects Planning & Consolidation solution combined with the SAP Business Objects Intelligence platform will cover the increasing demands of Thrace Plastics for managing better its entire corporate performance, consolidating faster its financial information, achieving accuracy in IFRS and Management Reporting, supporting better the Budgeting and Planning process, offering detailed access to information and critical performance metrics, increasing end user analytical capabilities and improving decision making.

Assertive sponsors the Financial Management Conference organized by CFO Agenda Magazine and Boussias Communications. The Conference with a title "Next Generation Performance Management" will be held at the Hotel Grande Bretagne on Thursday 11 November 2010 and will be focused on the CFO office best practices in managing financial performance.

Strategic approaches on Planning & Rolling Forecasting as well as Performance Scorecard will be covered from Experienced Keynote Speakers.

Assertive having a longstanding experience in offering, implementing and supporting effective Enterprise Performance Management solutions in the Greek market, today announces its co-operation with SAP Hellas in the field of SAP Business Objects solution portfolio of products.

Through this co-operation Assertive will be able to offer integrated and collaborative Enterprise Performance Management solutions from SAP Business Objects portfolio that work with existing SAP ERP, Data Warehouse and non SAP transactional systems and support a continuous planning, monitoring and reporting cycle. In addition to that, Assertive with its experienced Business Intelligence and Financial Application Consultants will bring together business insight and advance technology in order to maximize the customer value generated from the implementation of SAP EPM solutions.

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Assertive has sponsored the SAP Forum 2010: See Your Way Clear, at Athenaeum Intercontinental on 28th April 2010.

At Assertive booth, Forum's visitors had the opportunity to get more familiar with SAP EPM solutions and more specifically with Financial Consolidation and Budgeting & Planning offerings. Assertive has supported the Forum as SAP Ruby sponsor and had the opportunity to discuss its unique approach in the implementation of EPM solutions and share with member attendees its experiences derived from other successful EPM projects in different vertical markets. Through discussions and focused informative presentations from company's executives, interested visitors where able to understand from both technical and business point of view the benefits of integration and process support that such kind of solutions are offering to medium and large enterprises.

Assertive attends Oracle's Application Strategy Event held on 18th March 2010 at Athens Imperial Hotel. A customer of Assertive TELETYPOS (Mega Channel) has demonstrated its solution for Reporting and Multidimensional analysis through a true live connection established between the speaker panel and Teletypos HQ data center.

Mytilineos Holdings following a vendor solution evaluation process, finally selects Assertive for the implementation of its Financial Consolidation and Budgeting system. Assertive will design, implement and roll out the system covering the demanding requirements of the company for improving, better integrating and shorten consolidation and budgeting activities.

The consolidation project was started on March 2009 and Mytilineos Holdings was able to close its first semester financial statements with the new system. The budgeting & Planning project has started on July and is projected to be delivered on November 2009. The aim of the project is to improve also pre-closing activities, to serve better in the production and delivery of financial and management reports, to support different consolidation structures, to perform sensitivity analysis scenarios and finally make the planning and rolling forecasting procedure more adaptable to business changes and new demands of the group.

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Throughout the years and due to economic recession, companies in Greece are realizing the difficulties which are connected with the execution of their Financial, Planning and Rolling Forecasting activities.

This is a major reason companies to start looking at specific and well known packaged applications in order to receive the best possible value from their implementations.

Assertive's Product Manager George Dimitrakos speaks about the benefits and constraints of such a solution as well as how Assertive with its dedication, focus and hands on experience can help companies implement and better support Budgeting & Planning processes in order to achieve a series of business advantages..

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FOURLIS Group is one of the leading group of companies in Greece and the Balkans in providing quality consumer durable goods. The group is active in three key divisions: Retail Home Furnishings through the franchise of IKEA stores in Greece, Cyprus and Bulgaria, Retail Sporting Goods through the franchise of INTERSPORT stores in Greece, Cyprus, Romania and Bulgaria and Wholesale of Electric and Electronic appliances through the representation of brand names like Samsung, General Electric, Liebherr and Korting. The Group generates revenue of 784 mil. Euros, with profits of 55 mil. Euros.

The aim of the Financial MIS project is to cover the consolidation (statutory and management) requirements of the Holding company which is listed in Athens Stock Exchange Market and give the ability to every major subsidiary such as IKEA, INTERSPORT, FOURLIS TRADE, SERVICE ONE, TRADE LOGISTICS, GENCO Romania to better support the budget, plan and report process more effectively and transparently.

Assertive an Oracle Certified Advantage Partner, supports through sponsorship Oracle's Application Event held on 30th November 2007 at Athens Hilton Hotel.

At Lyon Convention Centre, Lyon France from 20 to 22 May 2007 has been held Hyperion's annual European event. More than 1.200 Hyperion customers, partners and industry leaders around Europe have attended the annual conference Hyperion Solutions 2007. Assertive for a third consecutive year has been attended this event along with a team of customer and prospect executives from Greece. The industry's best and brightest had the unique opportunity to share ideas, present real-world solutions, and see the latest innovations and technologies that promote performance-accountable organizations.

Assertive is a leading provider of Business Performance Management consultancy. As a Master Distributor of Hyperion Solutions in Greece and Cyprus, the company provides an ideal model of end to end services for Business Intelligence and Financial Performance Management solutions in the Greek market, serving a respectable number of Greek and Multinational clients from different industries.

Managing Director Argyris Karatrantos and Sales Manager Ilias Stathopoulos speak about the strategic co-operation between Assertive and Hyperion, the company's related service offerings, the market opportunities and dynamics and the future of Enterprise Performance Management.

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Assertive sponsors 5th KPMG CFO Forum at "Athenais" convention centre.

ALUMIL is the largest Hellenic industry and among the top European production groups for integrated aluminum profile systems, industrial profiles for automotive industry, sailing industry & transportations. Additionally, it produces and offers state-of-the-art automation systems, interiors, solar protection systems (trading), plastic products & accessories. ALUMIL features consolidated revenue of 190 mil. Euros and profits of 10,5 mil. Euros, has 25 subsidiaries and participations around the world. ALUMIL has selected Hyperion System 9 Planning and BI+ Essbase Analytics through Assertive in order to streamline consolidation of key financial data across its subsidiaries, increase transparency into financial and operational information and reduce budgeting, planning and reporting cycles. The new system will offer improved decision making by aligning business drivers with management processes & increased end user analytical capabilities by offering detailed access to information and various financial and other critical performance metrics.

SATO is currently the largest company in Greece specializing in the production and marketing of office furniture. SATO Group generates revenue of 75 mil. Euros, with profits of 5,6 mil. Euros. SATO is currently holding a leading position in the office furniture market and has also penetrated the home furniture market via its brands ENTOS by SATO, Bo Concept, Divani & Divani by Natuzzi, and La Maison Coloniale. The company has three production plants, in Thessaloniki, in Germany (SATO Office GmbH) and in Turkey (TCC Buro Koltuk Ltd.) and has also developed major commercial partnerships with respected firms abroad. Its office and home furniture is available via an extensive distribution network (the largest in the domestic market) with 22 showrooms, 45 dealerships and 18 franchises. SATO has selected Hyperion Planning through Assertive, as a web-based, centralized planning and budgeting solution capable of driving a collaborative, integrated, event-based planning process throughout the organization, for a wide range of financial and operational needs. Detailed multidimensional reporting and analysis, common web interface, as well as the handling of complex allocations were a few of the attributes which ultimately led SATO in choosing Assertive and Hyperion in order to support its entire Budgeting and Reporting cycle.

Frigoglass Group is one of the leading manufacturers of commercial refrigerators and packaging products world-wide. It has production facilities in Greece, Norway, Spain, Ireland, Bulgaria, Romania, Poland, Russia, India, Indonesia, Nigeria and South Africa. Operates in 16 countries with 22 production facilities, 4 sales companies and distributes its products in 75 countries worldwide.

Frigoglass has selected Assertive and Hyperion System 9 Financial Management and BI+ Web Analysis in order to improve the consolidation of financial data across its operations and meet its expanding management reporting and analysis needs. The system will help Frigoglass to achieve global consistency throughout its multiple subsidiaries and business units and to facilitate sharing of financial, operational and performance information by enabling anytime, anywhere access to reports via the Web.

Delta Holding S.A. is the parent company of one of the largest food manufacturing group of companies in Greece leading the market in the following segments: fresh dairy, ice cream, fresh juice, frozen food, ready made meal, quick service restaurant and catering. With production facilities and subsidiaries in 8 countries generates revenue of 690 million Euros.

Delta Holding has implemented Hyperion Planning in order to improve its revenue and expense planning across departments on both yearly and ad-hoc basis. The new, automated solution leverages the centralized Web-based infrastructure in order to track and monitor business plans and forecasts, and increase end-user participation with frequent, real-time updates. Delta Holding has also decided to implement with Assertive the Hyperion Financial Management application for consistent and faster consolidation of its key financial data achieving accuracy in IFRS and Management Reporting processes to Stakeholders and the ASE.