RNS Number:5396L
Alterian PLC
27 May 2003




                                  Alterian plc
                         ("ALTERIAN" or "THE COMPANY")

                Alterian Technology Implemented at Merrill Lynch

   Technology provider implements global solution to analyse institutional 
                                  client data


Alterian, (LSE: ALN) a leading global provider of business analytics solutions,
today announced the implementation of a global client data analytics solution
for the Global Markets & Investment Banking division of Merrill Lynch & Co.,
Inc.


As part of the agreement between the two companies, Alterian has successfully
delivered a customized multi-user analysis platform to enable Merrill Lynch to
track, report and interpret large amounts of data generated by the firm's
institutional equity clients.  That information in turn, helps Merrill Lynch
gain a deeper understanding of their clients' profitability, behaviour, and
support needs.


After a brief two-week concept exercise, the platform was rolled out globally
within a month and is now utilized in four regional hubs.


Peter Holmes, Director in Equity Sales Technology at Merrill Lynch, said, "With
the Alterian tool set we are able to import large quantities of client
transaction data and perform detailed analytics quickly and cost-effectively."


David Eldridge, CEO, Alterian commented, "We are delighted to be providing value
to one of the world's leading financial management and advisory organisations.
Merrill Lynch are a leader in their field, and by providing them with our
innovative analysis technology we are helping them to retain and build on this
position."



                                    - ends -


For further information contact:

Alterian plc                                           27/05/03:  0207 067 0700
David Eldridge, Chief Executive Officer              Thereafter:  0117 970 3200
Mike Talbot, Chief Technical Officer
David Cutler, Finance Director

Weber Shandwick Square Mile                                       0207 067 0700
Nick Oborne / Kirsty Hall / Becky Haywood                                                             
bhaywood@webershandwick.com



Note to Editors:

Alterian provides latest generation business analytic solutions underpinned by
its high performance CBAT technology.  Alterian-based solutions deliver
sophisticated analysis across vast data sets, handling complex queries at
train-of-thought speed. Alterian was founded in 1997 and floated in 2000. In
April 2001 Alterian was awarded the UK's fastest growing IT company in Deloitte
& Touche's National Fast 50 Awards Program.




                      This information is provided by RNS
            The company news service from the London Stock Exchange
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