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StatTools® Moves Up to New Version


29 April 2005, Ithaca, NY -
Today Palisade Corporation, the world leader in analytical solutions that add in to Excel, released a new version of its popular statistics add-in, StatTools. Originally released in 2003, StatTools replaces Excel’s built-in statistics, which had often been questioned, with its own calculations. With the addition of Palisade’s intuitive interface and dataset manager, StatTools offers Excel users robust and accurate statistical analysis.

StatTools was welcomed enthusiastically by users in both the business and the academic worlds who praised its ease of use and sound results. One of these, Gregory Cenker of Southern California Edison declared, “I applaud StatTools powerful statistical analysis. The mathematics in Excel leave something to be desired, [but] after testing a few of my favorite handwritten algorithms against the ones you’ve included in the package, our numbers agree to the last digit! At last, someone takes the initiative!”

Version 1.1 extends StatTools functionality and adds new modes of analysis. These enhancements include:

  • Pareto charts that let you see and rank the differences among datasets
  • Improved regression routines
  • Even smoother integration with Microsoft Excel

StatTools Opportunities Online
The new Version 1.1 is available online to current StatTools users as a free update. These customers should go to the Updates page.

Excel users who currently rely on that software’s built-in statistics will want to go to the website to check out StatTools enhanced capabilities.

Review Copies of Palisade Software are always available to members of the press.

For more information, contact:

Randy Heffernan
Tel: 607-277-8000
Fax: 607-277-8001
Palisade Corporation
798 Cascadilla Street
Ithaca, NY 14850-3239
800 432 RISK (US/Can)
+1 607 277 8000
+1 607 277 8001 fax
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