CoSMIT GmbH Expanding onto the US Market via New Distribution Partner

German reporting specialists CoSMIT have taken an important strategic step into a new market by signing a distribution contract with California-based provider BrightStar (Pink Sheets:BTSR). BrightStar will be marketing and distributing the CoSMIT products DACAR and SAMURAJ in the North American market. DACAR allows developers to automatically document Actuate reports for the first time ever and by that assists the developer in the debugging process. The SAMURAJ portal provides support for the generation and management of BIRT reports via a powerful and user-friendly browser interface. This makes SAMURAJ a cost-effective and extremely flexible tool for creating reporting systems. "Within this agreement we see a huge challenge, but at the same time a chance to participate in a market that provides enormous potential for these products," said Nathan Jagoda, Managing Director of CoSMIT GmbH. "So we are particularly delighted to have found a partner for this joint venture in BrightStar that is renowned, adept in the market and technically experienced." "BrightStar is pleased to partner with CoSMIT in this joint venture to provide much needed reporting tools to Actuate and BIRT clientele. We have many clients that have expressed the desire to easily document their many Actuate reports and up until now, it has been a very manual and time intensive process. DACAR is a much welcomed relief to their efforts. CoSMIT has accomplished what many others have attempted to do over the years, to make documenting Actuate reports an easy and automated process. Not mentioning the tremendous help whilst debugging the report code. CoSMIT’s new SAMURAJ reporting system is another great tool that will fill a much needed space in the BIRT reporting environment, easily allowing clients to schedule and maintain their reports for their users. We see a great future for both these products in the marketplace," said Scott Bryden, Vice President of Actuate Services for BrightStar. About CoSMIT CoSMIT is a service provider and software developer active in the area of business intelligence, focusing on Actuate- and BIRT-projects, as well as developing BI tools. CoSMIT supports small and medium-sized companies as well as multinational corporations in business intelligence, in particular with reporting projects. Further information is available at www.cosmit.de. About BrightStar: BrightStar is a Publicly traded company headquartered in Pleasanton, CA, that is a leading provider of application engineering services to Global 2000 and mid-sized companies and public sector organizations. BrightStar has been a gold-certified Consulting, Training and Software Sales Partner with Actuate Corporation for over 10 years. The Actuate Division at BrightStar provides its clients with complete solutions to their reporting needs. BrightStar maintains an expert Actuate-Certified staff and are among the highest rated consultants and instructors in the industry with proven experience with hundreds of companies in virtually every industry. Further information is available at www.brightstar.com.