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Datawatch Corporation and Radius Financial Compliance Group Announce Strategic Alliance

Datawatch Corporation and Radius Financial Compliance Group Announce Strategic
                                   Alliance

PR Newswire

CHELMSFORD, Mass., Jan. 18, 2013

CHELMSFORD, Mass., Jan. 18, 2013 /PRNewswire/ --Datawatch Corporation
(NASDAQ-CM: DWCH), the leading global provider of information optimization
solutions, and Radius Financial Compliance Group, specialists in the print
production of corporate, legal and financial documents, today announced a
strategic alliance targeted at providing users the ability to integrate a
greater variety of information, including unstructured and semi-structured
data formats and sources, to extend and enhance the value of traditional
business intelligence solutions and automated publishing. Through the
alliance, organizations will be able to more rapidly populate data that might
otherwise have been difficult or even impossible to access, sources such as
reports, PDF files, EDI streams, log files, and machine data to dynamically
generate typeset documents as well as SEC compliance documents including HTML
and XBRL files.

(Logo: http://photos.prnewswire.com/prnh/20121015/NE92833LOGO )

"We at Datawatch are very excited about this strategic partnership with Radius
and believe that our technologies working together offer tremendous value to
customers," said Michael A. Morrison, President and Chief Executive Officer,
Datawatch.

"Delivering Radius Global Publisher to the market while offering our clients
the ability to include unstructured and semi-structured data is delivering
what we promise to our clients – unparalleled service," said Dean Privetera,
President, Radius Financial Compliance Group.

Datawatch and Radius will market and sell the joint solution through their
respective direct sales and global channel partners – supporting the alliance
with joint marketing, services, and sales.

ABOUT DATAWATCH CORPORATION

Datawatch Corporation (NASDAQ-CM: DWCH) is a leader in providing information
optimization products and solutions that allow organizations to deliver the
greatest data variety possible into their big data and analytic applications.
Datawatch provides organizations the ability to integrate structured,
unstructured, and semi-structured sources like reports, PDF files, and EDI
streams into these applications to provide a 360 degree perspective of the
issues and opportunities that exist in their businesses. More than 40,000
organizations worldwide use Datawatch's products and services, including 99 of
the Fortune 100, and businesses of every type can benefit from the power and
flexibility of Datawatch's industry leading solutions. Datawatch is
headquartered in Chelmsford, Massachusetts with offices in London, Munich,
Singapore, Sydney and Manila, and with partners and customers in more than 100
countries worldwide. For more information, visit www.datawatch.com.

ABOUT RADIUS FINANCIAL COMPLIANCE GROUP

Radius Financial Compliance Group, a division of Radius, Inc., specializes in
the production of Annual and Semi-Annual Reports, Statutory and Summary
Prospectuses, Quarterly Reports, Fact Sheets, 10-Ks, 8-Ks, and 10-Qs. Their
automated solution, Radius Global Publisher, is a customizable, cloud based
content management system designed to generate typeset, SEC compliant HTML,
and XBRL documents. Radius Financial Compliance Group is headquartered in
Pembroke, Massachusetts, with clients nationwide and in Canada. For more
information, visit
http://www.radiusmg.com/financial_compliance/financial_compliance_group.html

Safe Harbor Statement under the Private Securities Litigation Reform Act of
1995

Any statements contained in this press release that do not describe historical
facts may constitute forward-looking statements as that term is defined in the
Private Securities Litigation Reform Act of 1995. Any such statements,
including but not limited to those relating to results of operations,
contained herein are based on current expectations, but are subject to a
number of risks and uncertainties that may cause actual results to differ
materially from expectations. The factors that could cause actual future
results to differ materially from current expectations include the following:
risks associated with the continuing weak global economy; risks associated
with fluctuations in quarterly operating results due, among other factors, to
the size and timing of large customer orders; the volatility of Datawatch's
stock price; limitations on the effectiveness of internal controls; rapid
technological change; Datawatch's dependence on the introduction of new
products and possible delays in those introductions; competition in the
software industry generally, and in the markets for information optimization
in particular; Datawatch's dependence on its principal products, proprietary
software technology and software licensed from third parties; risks associated
with international sales; risks associated with indirect distribution
channels; the adequacy of Datawatch's sales returns reserve; risks associated
with a subscription sales model; risks associated with acquisitions, including
the recent acquisition of intellectual property from Math Strategies;
Datawatch's dependence on its ability to hire and retain skilled personnel;
disruption or failure of Datawatch's technology systems that may result from a
natural disaster, cyber-attack or other catastrophic event; and uncertainty
and additional costs that may result from evolving regulation of corporate
governance and public disclosure. Further information on factors that could
cause actual results to differ from those anticipated is detailed in various
publicly-available documents, which include, but are not limited to, filings
made by Datawatch from time to time with the Securities and Exchange
Commission, including but not limited to, those appearing in the Company's
Annual Report on Form 10-K for the year ended September 30, 2012. Any
forward-looking statements should be considered in light of those factors.

Investor Contact:
Datawatch Investor Relations
investor@datawatch.com
Phone: (978) 441-2200 ext. 8323

Media Contact:
Sarah Bernardi
Datawatch Corporation
Sarah_Bernardi@datawatch.com
Phone: (978) 441-2200 ext. 8387
Twitter: @datawatch

© 2013 Datawatch Corporation. Datawatch, Monarch and their respective logos
are trademarks or registered trademarks of Datawatch Corporation in the United
States and/or other countries. All other names are trademarks or registered
trademarks of their respective companies.

SOURCE Datawatch Corporation

Website: http://www.datawatch.com
 
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