This is a suite of five products designed to work together to provide complete risk and decision analysis. The programs run together in an integrated environment running from a common toolbar in Microsoft Excel.

With the suite, you can perform advanced analyses you could not perform with a single produce. The Suite includes the following products:

- @RISK is the risk analysis and simulation add-in for Excel . Replace uncertain values in your spreadsheet with @RISK functions which represent a range of possible values. Select one or more bottom-line cells as outputs, and start a simulation. The program recalculates the spreadsheet multiple times, selecting random values from the functions entered. The result is a distribution of possible outcomes and the probability of getting those results. Results can be displayed as graphs and in a full statistical report. Advanced features include sensitivity and scenario analysis, overlay graphs, and multiple summary graphs.

- PrecisionTree (Standard or Professional) is the decision analysis add-in for Excel for creating influence diagrams and decision trees. Influence diagrams illustrate the relationships between components of a problem, then decision trees model the sequence of events. Resutls include a full statistical report and risk profile graphs. Sensitivity analysis identifies which factors are most important. Advanced features include linked trees, logic nodes, and reference nodes. The professional version adds policy suggestion graphs and strategy region graphs.

- TopRank (Standard or Professional) is the what-if analysis add-in for Excel. The program automatically determines which cells in a spreadsheet affect results the most and ranks them in order of importance. Results can be displayed as Tornado graphs and in a full statistical report. Advanced features include a What-if Wizard, Multi-Way What-If Analysis, and support for data tables.

- BestFit is the distribution fitting solution that takes data and finds the distribution function that best fits the data. Three types of data are accepted: sample, density, and cumulative. Advanced optimization algorithms test up to 26 distribution types. Results are displayed graphically and through a statistical report that includes goodness-of-fit statistics. BestFit distributions can be used directly in @RISK.

- RISKview (Standard or Professional) is the distribution viewing companion program. It is a tool for viewing, assessing, and creating probability distributions. Draw distribution functions with the Distribution Artist and place them in @RISK models as general distributions. The Pro version calculates the distribution that best fits a hand-drawn curve from 37 distribution types.

The programs in the suite are also available separately.

HARDWARE: PC. Windows 3.x/95/NT

PRICE: $995 Standard. $1295 Professional Free demo CD.

SOFTWARE BISQUE
912 12th Street, Suite A
Golden, CO 80401
303-278-4478. FAX: 303-279-1180
Daniel R. Bisque

This is an economic analysis program designed to provide before or after tax discounted cash flow analysis for mineral/mining investment opportunities. SEE is menu-driven with pop up windows; context sensitive help screens bring the manual to the screen with one keystroke. Values such as grade, production, or recovery rates may be input as "series" amounts that may change at any frequency (monthly, annually, etc.). Equation classes are provided for: General, Revenues, Processing, Cost, Special Taxes and Royalties. Simple or complex cash flow models can be built based on complicated interdependencies of the equation classes.

Four different tax scenarios are provided. State and federal tax rates may be varied yearly. Tax and depreciation calculations are based on 1989 tax laws and are updated as the U.S. tax laws change.

SEE can handle economic evaluations of both mutually exclusive (choose only one alternative) and non-mutually exclusive (rank alternatives for a given budget) alternatives. The program contains routines for Monte Carlo analysis, expected value analysis, sensitivity analysis and break-even revenue analysis. A consolidation routine is also provided to determine the overall project economics of combining several project's cash flows.

Capital Cost information consists of the purchase date, cost, type of cost, depreciation method, life, lag and salvage value. Up to 50 different loans may be entered for a leveraged analysis. Other input data includes cost depletion, percentage depletion and extraordinary cash flow components.

The Report section provides ten different reports including:

• - Cash Flow report. Customize and save report formats, amount of detail can be selected.
• - Decision Criteria report - displays net present value, discounted cash flow rate of return, growth rate of return, modified rate of return , present rate of value, benefit cost ratio and payback.
• - Capital Cost reports - display capital costs by depreciation type and amount, or report the yearly depreciation amounts of each capital cost type.
• - Depreciation amortization schedules, loan amortization schedules and production schedules.

All reports may be sent to the console, printer or to an ASCII text file which can be imported into other software packages. A built-in graphing section allows you to display cumulative cash position diagrams, cash flow diagrams, Monte Carlo histograms, or line graphs of any cash flow component desired.

HARDWARE: PC running DOS with a hard disk drive. Graphics devices supported include dot matrix printers, laser printers and HPGL or DM/PL plotter languages.

PRICE: $1495. If you enroll in the workshop offered by the Colorado School of Mines, you can purchase the program for $795. Multiple copy discounts or site licenses are available.