Acuity Brands Extends Use of Zilliant's Price Management Software; Additional Investment Made After Initial Deployment Delivers Compelling Business Value.AUSTIN, Texas -- Zilliant, the leading provider of data-driven price management applications, today announced Acuity Brands Acuity Brands, Inc., through its subsidiaries, engages in the design, production, and distribution of lighting equipment and specialty products worldwide. The company was founded in 2001 and is based in Atlanta, Georgia. Lighting, a division of Acuity Brands, Inc. (NYSE NYSE See: New York Stock Exchange :AYI AYI Academy of Young Investors ), has expanded their investment in the Zilliant Precision Pricing Suite (ZPPS), purchasing two additional software modules, ZPPS Optimization and ZPPS Deal Manager, to augment their existing deployment of ZPPS Analytics. Acuity Brands Lighting, well-recognized for its superior products and customer service, is the leading manufacturer of commercial, industrial, institutional and residential lighting fixtures in North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. . Acuity deployed ZPPS Analytics in 2004 to analyze revenue, price and margin data, which enabled robust price and margin analysis, providing rich, actionable insight into profit improvement opportunities. In addition to these business benefits, the Analytics deployment produced high-quality data to accelerate and enhance the impact of ZPPS Optimization and ZPPS Deal Manager. The combination of ZPPS Optimization, Deal Manager and Analytics will further provide Acuity with industry-leading capabilities to manage pricing. "ZPPS Analytics delivered significant business value to us over the last several years. Deploying Zilliant's additional pricing applications will enable us to take full advantage of the entire suite to achieve consistent price management, while improving financial performance," said Pat Quinn
John Brian Patrick "Pat" Quinn (born January 29, 1943, in Hamilton, Ontario), , VP, Information Systems and Technology of Acuity Brands Lighting. "Their science-based technology, pricing expertise and integration capabilities earned Zilliant an important position in our mission-critical business infrastructure." Acuity Brands' business case for deploying pricing software was based on achieving measurable increases in margin through intense market-based price management. Zilliant was selected because it demonstrated the capabilities, expertise and commitment to helping Acuity Brands meet these financial goals. "Zilliant delivered technology that enhances our price management and execution capabilities," said Jerry Quick, CFO See Chief Financial Officer. and EVP EVP Executive Vice President EVP EGR (Exhaust Gas Recirculation) Valve Position Sensor EVP Electronic Voice Phenomenon EVP Europäische Volkspartei (Germany) EVP Employee Value Proposition , Acuity Brands Lighting. "The initial return on investment has been strong and measurable and we are confident this additional investment in the Zilliant footprint will provide equally compelling returns." "As a market leader in the building products industry, Acuity Brands' expanding use of our data-driven pricing applications is a strong endorsement," said Greg Peters, Zilliant's CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. . "They have set a high standard for pricing excellence in the industry." About Zilliant Zilliant is the leading provider of data-driven price management solutions that enable our customers to fully exploit their enterprise transactional history to improve price setting and execution. Zilliant's Precision Pricing Suite combines proprietary price segmentation and optimization science with easy-to-use business applications to help customers determine and negotiate the best pricing for every sales transaction. Greater price differentiation and smarter price strategies have helped Zilliant's customers increase profits by tens of millions of dollars. Headquartered in Austin, Texas, Zilliant is a privately held company privately held company A firm whose shares are held within a relatively small circle of owners and are not traded publicly. . Investors include Austin Ventures, Cardinal Ventures, JP Morgan Partners, and Trellis 1. Trellis - An object-oriented language from the University of Karlsruhe(?) with static type-checking and encapsulation. 2. Trellis - An object-oriented application development system from DEC, based on the Trellis language. (Formerly named Owl). Partners. For more information contact Zilliant at 877-893-1085 or visit www.zilliant.com. About Acuity Brands Lighting Acuity Brands, Inc., with fiscal year 2005 net sales Net Sales The amount a seller receives from the buyer after costs associated with the sale are deducted. Notes: This amount is calculated by subtracting the following items from gross sales: merchandise returned for credit, allowances for damaged or missing goods, freight of approximately $2.2 billion, is comprised of Acuity Brands Lighting and Acuity Specialty Products. Acuity Brands Lighting is one of the world's leading providers of lighting fixtures and includes brands such as Lithonia Lighting(R), Holophane(R), Peerless(R), Hydrel(R), American Electric Lighting(R), and Gotham(R). Headquartered in Atlanta, Georgia, Acuity Brands employs approximately 10,000 people and has operations throughout North America and in Europe and Asia. |
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