Leading business intelligence and corporate performance management service provider has long history bringing financial management services to US Government

Sterling, VA, October 13, 2009 — The Irus Group, where data becomes information and information becomes knowledge in order to help organizations make better business decisions, announced that it has won two projects to implement IBM Cognos TM1 at US Navy locations. Irus will implement the software for Navy budgeting, planning, and fiscal scenario development.

IBM Cognos TM1 is a complete financial performance management solution that structures and automates key financial processes, from planning, budgeting and forecasting to consolidation, reporting and analytics.

"The Irus Group is excited to continue bringing business intelligence and performance management solutions to the US Navy, as we have been doing almost since our inception," said Vijay Suri, Irus Group President & CEO. "The Irus Group has had a successful history of working with Cognos clients to improve their budgeting, corporate performance management and planning processes."

Irus Group has teamed with IBM Cognos to help government users gather data from disparate sources, turn the data into information, and process the data into knowledge so that they can make better business decisions. IBM Cognos business intelligence and performance management software combined with Irus Group technology and business expertise across numerous vertical markets help companies and government agencies develop an enterprise solution that helps them make better business decisions.

About The Irus Group

The Irus Group (www.irusgroup.com), a top business intelligence and performance management solution provider, helps organizations across many vertical markets turn their data into information and their information into knowledge, which leads to better business decisions. The Irus Group is based in Sterling, VA. An IBM Certified Solutions Partner, Irus also offers and services the entire IBM Cognos business intelligence and performance management solution set.

Irus Group earlier this year entered into a merger agreement with the InferX Corporation (Pink Sheets: NFRX; www.inferx.com) in order to bring next generation business intelligence solutions and predictive data analytics technologies to market. InferX offers Patented Distributed Data Analytics software that accesses, analyzes and performs predictive analyses in real-time on multiple, distributed, disparate data sources. InferX has pioneered and commercialized a powerful, proprietary suite of advanced data analytical products to improve health care performance across the entire spectrum healthcare delivery system.