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Applix, Inc. (Applix) is a provider of business performance management and business intelligence applications based on Applix's flagship product, the TM1. The Company's TM1 applications enable continuous strategic planning, management and monitoring of performance across the financial and operational functions within the enterprise. The Applix TM1 is used by more than 2,200 customers worldwide. Applix’s global network of partners deliver packaged and custom applications based on the Applix platform for specific vertical markets, such as pharmaceuticals and banking, or for a specific function, such as supply chain analytics or sales compensation. The Applix product family helps customers automate, analyze and optimize their operational and analytical business processes throughout their extended enterprises. On October 25, 2007, Cognos Incorporated completed the acquisition of Applix.