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Archer Daniels Midland Company Selects Mobius WorkflowDirect for Business Process Automation; Mobius Solution to Expedite Invoice Processing.


Business Editors & High-Tech Writers

RYE, N.Y.--(BUSINESS WIRE)--Sept. 25, 2002

Mobius Management Systems, Inc. (Nasdaq: MOBI MOBI Mobile (Internet Top Level Domain)
MOBI Molecular Orbital Bond Index
MOBI Microgravity Observations of Bubble Interaction
MOBI Model Based Interface
MOBI Object Intelligent Model
MOBI Message Oriented Broker Interface
), a leading provider of software for total content management (TCM (1) (Trellis-Coded Modulation/Viterbi Decoding) A technique that adds forward error correction to a modulation scheme by adding an additional bit to each baud. TCM is used with QAM modulation, for example. ), today announced that Archer Daniels Midland The Archer Daniels Midland Company (NYSE: ADM), is a conglomeration based in Decatur, Illinois. ADMoperates more than 270 plants worldwide, where cereal grains and oilseeds are processed into numerous products used in food, beverage, nutraceutical, industrial and animal feed  Company (ADM See add/drop multiplexer.

(language) ADM - A picture query language, extension of Sequel2.

["An Image-Oriented Database System", Y. Takao et al, in Database Techniques for Pictorial Applications, A. Blaser ed, pp. 527-538].
), has licensed WorkflowDirect(TM), a new product in the ViewDirect(R) TCM suite, to automate invoice processing in several business departments.

WorkflowDirect is a Java-based business process platform for designing and building workflow applications that connect the enterprise with customers and trading partners. Full integration with the ViewDirect TCM Content Server links documents to work items and users throughout the workflow.

ADM's goal is to reduce paper and improve efficiency by implementing a workflow system for high-volume invoice processing. "We chose WorkflowDirect because it provided a comprehensive solution and a flexible, robust architecture," stated Jim Gould, IT director of business applications at ADM. "In particular, integration with the ViewDirect TCM Content Repository makes documents easily available. We look forward to implementing workflow in additional departments in the future."

The Mobius Workflow Direct application will take an invoice from initial scanning to auditing and archiving in the ViewDirect TCM Content Repository. "The ability to track items in the workflow - not possible in the previous environment - will help our managers meet the requirements for timely processing," added Gould.

WorkflowDirect is used to design and build applications that support both e-business applications such as procurement and supply chain management and back-office operations such as invoice processing. Business tasks can be defined, routed, tracked and updated as required. The workflow can include interfaces for user interaction as well as interfaces with systems such as finance and accounting, billing, sales, and distribution.

"We are pleased that ADM has chosen WorkflowDirect for this application," said Tim Donnelly, vice president of workflow solutions at Mobius. "WorkflowDirect is designed to improve productivity, reduce errors and enable faster, more accurate decision-making. And all user interactions are browser based, which eliminates the costs of implementation on the desktop and makes it cost-effective for infrequent users to participate in the work process."

WorkflowDirect enables enterprises to use Web technology to more effectively interact with employees, customers, partners and suppliers, while leveraging a single investment into a strategic content and workflow technology across many different applications, including B2E B2E Business to Employee
B2E Business to Enterprise
, B2C (Business to Consumer) Refers to a business communicating with or selling to an individual rather than a company. See B2B.  and B2B (Business to Business) Refers to one business communicating with or selling to another. See B2B e-commerce, B2C and B2G.

B2B - business to business
.

About ADM

Archer Daniels Midland Company (ADM) is a world leader in agricultural processing. The Company is one of the world's largest processors of soybeans, corn, wheat and cocoa. ADM is also a leader in soy meal and oil, ethanol, high fructose fructose (frŭk`tōs), levulose (lĕv`yəlōs'), or fruit sugar, simple sugar found in honey and in the fruit and other parts of plants.  corn syrup (HFCS HFCs: see chlorofluorocarbons. ) and flour. In addition, ADM is building a position in such value-added products as specialty food ingredients, bioproducts and nutraceuticals (such as Vitamin E vitamin E
 or tocopherol

Fat-soluble organic compound found principally in certain plant oils and leaves of green vegetables. Vitamin E acts as an antioxidant in body tissues and may prolong life by slowing oxidative destruction of membranes.
 and sterols sterols (ster´ôlz),
n.pl steroids having one or more hydroxyl groups and no carbonyl or carboxyl groups (e.g., cholesterol).
). Headquartered in Decatur, Illinois, ADM has over 24,000 employees, more than 260 processing plants and 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
 for the fiscal year ended June 30, 2002 of $23.5 billion. Additional information can be found on ADM's Web site at http://www.admworld.com.

About Mobius

Mobius Management Systems, Inc. (www.mobius.com) is a leading provider of integrated solutions for total content management. The Company's packaged software products support a broad range of content-intensive e-business requirements, including customer relationship management, enterprise resource planning See ERP.

(application, business) Enterprise Resource Planning - (ERP) Any software system designed to support and automate the business processes of medium and large businesses.
, Internet presentment and payment, and imaging and workflow. Mobius products are used by more than one million customers and employees of nearly 1,300 organizations worldwide. More than half of the Fortune 100 companies use Mobius software. The Company, founded in 1981, is headquartered in Rye, New York, with nine U.S. offices, as well as subsidiaries in England, France, Germany, Italy, Sweden, Switzerland, Benelux, Australia and Japan.

Statements contained in this release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and  of 1995. Forward-looking statements involve risks and uncertainties. In particular, any statements contained herein regarding expectations with respect to future sales and profitability, as well as product development and/or introductions, are subject to known and unknown risks, uncertainties, and contingencies, many of which are beyond the Company's control, which may cause actual results, performance, or achievements to differ materially from those projected or implied in such forward-looking statements. Important factors that might affect actual results, performance, or achievements include, among other things, overall economic and business conditions, the demand for the Company's goods and services In economics, economic output is divided into physical goods and intangible services. Consumption of goods and services is assumed to produce utility (unless the "good" is a "bad"). It is often used when referring to a Goods and Services Tax. , including budget allocations for new software products especially within larger corporate environments which have traditionally licensed the company's products, technological advances and competitive factors in the markets in which the Company competes, including price competition from products providing similar functionality to Mobius' products as well as competition for experienced, seasoned employees (including retention) to support the company's key business operations, ongoing product development and growth, and acceptance and or adoption of the company's new products and services. These risks and uncertainties are described in detail from time to time in Mobius' filings with the Securities and Exchange Commission, including its Quarterly Report on Form 10-Q, filed on May 13, 2002. Mobius accepts no obligation to update these forward-looking statements and does not intend to do so.

WorkflowDirect is a trademark and ViewDirect is a registered trademark of Mobius Management Systems, Inc. All other trademarks are property of their respective owners.
COPYRIGHT 2002 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2002, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Sep 25, 2002
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