Program Designed to Help Increase Efficiency and Innovation by Leveraging Existing Reports

Sydney. – November 2, 2011 –Datawatch Corporation (NASDAQ-CM:DWCH), has launched a program to help credit unions better leverage their existing reports to increase operating efficiencies and customer service. As part of this program, Datawatch is offering special pricing that reflects the unique challenges of the credit union industry. Datawatch’s Credit Union Enterprise Report Management Package consists of versions of Monarch Report Manager on Demand (RMOD) and Monarch Report Mining Server (RMS), which are specially optimized for popular credit union processing systems such as Symitar, Fiserv and Open Solutions (OSI). Enterprise report management solutions such as RMOD and RMS enable credit unions to easily store, analyse and distribute statements, documents and reports.

“Australian credit unions are faced both with a big opportunity and a big challenge,” said Mark Dwyer, Regional Director, Asia Pacific, Datawatch. “Changes in the retail banking segment are driving more and more consumers to consider credit unions, but the flip side is credit unions are in an increasingly competitive market.”

“This competitive market means credit unions must factor overall cost of ownership and time to value when making technology purchasing decisions. The Datawatch report analytics and report management solution is uniquely tailored to meet these requirements.”

More than 550 credit unions in the United States and more worldwide rely on Datawatch’s report management and report analytics solutions to store, archive and access high-volume enterprise reports, statements, invoices and other credit union-specific documents. These include:

• Symitar, Fiserv and OSI reports
• Transactional data on checking and services accounts, credit cards, personal loans and mortgages
• Datasafe transaction processing reports
• ATM settlement reports
• Certegy Card Services credit card and debit card processing reports and more.

Credit unions using Datawatch solutions report saving thousands of hours of data processing and saving hundreds of thousands of dollars in outsourced data processing costs. Additionally, Datawatch’s solutions are well-suited for credit unions because of its low total cost of ownership (TCO) and minimal on-going IT maintenance.

About Datawatch Corporation

Datawatch Corporation (NASDAQ-CM: DWCH) empowers organizations to transform the massive amounts of valuable information that is trapped in static reports, PDF files, XML files and other content-rich, but difficult-to-use data sources, into a dynamic information analytics system that accelerates and improves decision-making throughout their operations. Datawatch's technology allows its more than 40,000 customers worldwide to leverage the investments they have made in reports from ERP, CRM and other custom applications into high performance analytic information at a fraction of the cost and time of traditional approaches. Datawatch is headquartered in Chelmsford, Massachusetts with offices in London, Sydney and Manila, with partners and customers in more than 100 countries worldwide. For more information, visit www.datawatch.com.

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Media contacts:

Mark Dwyer
Datawatch Pty Ltd.
02 8920 3244
Mark_Dwyer@datawatch.com

Kelley Lynn Kassa
Datawatch Corp.
978-275-8240
Kelley_Kassa@datawatch.com

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