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Cartesis is PepsiAmericas’ Choice for a New Generation of Financial Applications

Norwalk, CT, June 21, 2006 – Cartesis, the world’s leading specialist in finance and performance management software, today announced that PepsiAmericas, Inc. (NYSE: PAS) chose Cartesis to support its worldwide financial close process and related Sarbanes-Oxley reporting.

“Some of the largest, most complex companies in the world rely on our software to automate the financial consolidation and close processes,” says Crispin Read, CMO at Cartesis. “No one does multi GAAP and currency better than us, and when you combine our historical strengths with our new full performance management suite, Cartesis 10, we are the clear choice for PepsiAmericas, as well as any other organization with multifaceted financial data collection and reporting scenarios.”