Acushnet Company Signs With Intentia for Movex Fashion.Business Editors SCHAUMBURG, Ill.--(BUSINESS WIRE)--Feb. 24, 2004 Renowned Supplier of Titleist(R), Cobra(R), and FootJoy(R) Brand Golf Products To Begin International Implementation in Canada Intentia is pleased to announce that in December 2003, Acushnet Company The Acushnet Company is a sporting goods company that focuses primarily on golf-related products. History Founded in Acushnet, Massachusetts by Phillip E. "Skipper" Young in 1910, the Acushnet Process Company of Fairhaven, Massachusetts Fairhaven is a town in Bristol County, Massachusetts, United States. The population was 16,159 at the 2000 census. History Fairhaven was first settled in 1670 as "Acushnea," the easternmost part of the town of Dartmouth. , signed an agreement to license and implement Intentia's Movex Fashion collaborative enterprise applications. The agreement could ultimately include up to 1,200 global users. Acushnet is a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of Fortune Brands (NYSE NYSE See: New York Stock Exchange : FO) and is the world's largest golf manufacturer, generating more than USD USD In currencies, this is the abbreviation for the U.S. Dollar. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. 1.1-Billion in revenues in 2003. With over 4,800 employees, Acushnet supports global sales, manufacturing and distribution operations in more than 20 countries. Its products include golf balls, clubs, shoes, gloves and accessories sold worldwide under the brand names Titleist(R), Cobra(R), and FootJoy(R). According to Peg Nicholson, Acushnet senior vice president and CIO CIO: see American Federation of Labor and Congress of Industrial Organizations. (Chief Information Officer) The executive officer in charge of information processing in an organization. , the company plans to implement the Java-based software system initially at Acushnet Canada. Once successfully launched there, the intent is to roll out the solution to Asia Pacific subsidiaries and other global sites. Movex (v12.5) will run on an IBM (International Business Machines Corporation, Armonk, NY, www.ibm.com) The world's largest computer company. IBM's product lines include the S/390 mainframes (zSeries), AS/400 midrange business systems (iSeries), RS/6000 workstations and servers (pSeries), Intel-based servers (xSeries) iSeries platform, serving approximately 60 Canadian users. "In Canada, Movex will replace a myriad of information systems and enable us to streamline many of our business processes," states Nicholson. "Our business there is growing nicely and we believe an integrated solution will save time and money by increasing efficiency and productivity, without adding resources. Movex Fashion is particularly attractive because of its deep fashion industry functionality and flexible style/color/size product matrix. And, since Acushnet is a large global company, it is critical that we partner with a respected vendor such as Intentia, which has a physical presence in all the countries in which we operate." Linus Parker, president and 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. of Intentia in the Americas, adds: "We are pleased and honored that Acushnet Company has chosen to partner with us in this global initiative. We will work hard to live up to their trust by delivering the quality, service and value they expect and deserve--always focusing on our stated promise to pursue 'the perfect partnership.'" About Acushnet Company Acushnet Company is the largest manufacturer of golf equipment in the world. Titleist, FootJoy, Cobra and Pinnacle comprise the major golf brands of the Acushnet Company, an operating company operating company A business that engages in transactions with outsiders. of Fortune Brands, Inc. (NYSE - FO). With corporate headquarters located in Fairhaven, MA, Acushnet Company has approximately 4,800 associates worldwide. It is #1 in market share in golf balls, golf shoes and golf gloves in the on- and off-course channels of distribution and the choice of more players than any other brand across the worldwide professional tours. The company sells its products through five primary channels of distribution: on-course pro shops ("green grass"); off-course golf shops; sporting goods stores; mass merchants; and corporate custom (logo products). About Intentia Intentia is one of the world's leading suppliers of enterprise applications and implementation services for the collaborative business of today. With a focus on industries like Distribution, Fashion, Furniture, Automotive, Food and Beverage F&B is a common abbreviation in the United States and Commonwealth countries, including Hong Kong. F&B is typically the widely accepted abbreviation for "Food and Beverage," which is the sector/industry that specializes in the conceptualization, the making of, and delivery of foods. , MRO MRO In currencies, this is the abbreviation for the Mauritanian Ouguiya. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. , Service and Rental, Paper and Steel, Intentia's strength is unparalleled. The Intentia suite of applications covers customer relationship management, e-business, enterprise management, human resources management, enterprise performance management, supply chain management, value chain collaboration and Intentia Corporate Exchange. Intentia is a USD 400 million-revenue company with over 3,000 employees serving more than 3,500 customers via a global network spanning some 40 countries. Intentia is a public company traded on the Stockholm Stock Exchange The Stockholm Stock Exchange (Swedish: Stockholmsbörsen) is a stock exchange located in Stockholm, Sweden. Founded in 1863 [1] it is the primary securities exchange of the Nordic Countries. (XSSE) under the symbol INT B. Visit Intentia's Web site at www.intentia.com About Intentia in the Americas Intentia in the Americas is headquartered in Schaumburg, Illinois and currently maintains offices in six cities in the United States, as well as offices in Canada, Mexico and Brazil, to serve customers throughout the hemisphere. For more information about Intentia and its Movex collaborative enterprise applications, please call 1.800.SW.MOVEX or 847.762.0900. Or write to Intentia in the Americas, 1700 East Golf Road, 9th Floor, Schaumburg, IL 60173. |
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