CEIMIS Enterprises Inc. and Global Factory Form Alliance Partnership.Business Editors/High-Tech Writers LAGUNA HILLS La·gu·na Hills A city of southern California southeast of Santa Ana. Population: 33,600. , Calif.--(BUSINESS WIRE)--March 21, 2001 The Partnership Will Strengthen Web-Based Applications, Link Between Virtual Operations "Product Lifecycle Product lifecycle or product life cycle is the course of a product's sales and profits over time. The five stages of each product lifecycle are product development, introduction, growth, maturity and decline. Management" and Extended-Enterprise Collaboration CEIMIS Enterprises Inc. is the leading provider of collaborative "Product Lifecycle Management"(PLM (Product Life cycle Management) A comprehensive information system that coordinates all aspects of a product from initial concept to its eventual retirement. Sometimes called the "digital backbone" of a product, it includes the requirements phase, analysis and design ) solutions. Global Factory Inc. the leading Collaborative Manufacturing Execution (CME CME See: Chicago Mercantile Exchange CME See Chicago Mercantile Exchange (CME). ) platform provider, today announced that they have formed an Alliance Partnership. This strategic partnership solution will create enormous value, benefits and competitive advantage for manufacturers. Information from the virtual manufacturing Virtual manufacturing The modeling of manufacturing systems using audiovisual or other sensory features to simulate or design alternatives for an actual manufacturing environment, or the prototyping and manufacture of a proposed product using computers. plant will be shared with the customers and development teams, to initiate faster product changes and time to market. With this powerful combination their mutual customers will save time, money and increase customer satisfaction. Ed Ross, 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. at CEIMIS Enterprises stated: "This new partnership expands our reach within 'Product Lifecycle Management' by giving customers pertinent shop floor data via the Internet. The information is then shared between those involved with 'Product Lifecycle Management' and Operations (both internal manufacturing operations Manufacturing operations concern the operation of a facility, as opposed to maintenance, supply and distribution, health, and safety, emergency response, human resources, security, information technology and other infrastructural support organizations. and 'Outsourced' operations). "The virtual collaborative environment creates customer competitive advantage and accurate information for the use of improving product cycle times. This enables companies visibility into product change in a faster and more accurate manner than ever before. Companies that struggle with the link between manufacturing and engineering are given tools to enhance the process and their ability to be proactive in meeting market demands." Bill Clevenger, vice president alliance development at Global Factory Inc. believes: "There is a revolutionary shift to collaborative manufacturing where two or more companies work together to bring a product to market. The fabrication fabrication (fab´rikā´sh  n),n the construction or making of a restoration. , assembly, testing and packaging of complex products are now often the result of a multi-tiered chain of specialized companies, each adding its particular value-added activities." Global Factory's Collaborative Manufacturing Execution (CME) platform provides the means to collect, validate, and normalize normalize to convert a set of data by, for example, converting them to logarithms or reciprocals so that their previous non-normal distribution is converted to a normal one. data from multiple disparate sources providing true interoperability without standards and the secure sharing of data across the entire supply chain. As a result, the Global Factory platform can provide CEIMIS' MAGIK MAGIK Manipulator Analysis, Graphics, and Integrated Kinematics ! customers an expanded multi-enterprise capability across the entire supply chain. About Global Factory Global Factory, based in Santa Clara, Calif., is leveraging the Internet technology to create the Global Factory Network, a Web-based application for extended-enterprise collaboration. The company provides its network members with a seamless and secure cross-enterprise operations management solution. The Global Factory Network is the first Collaborative Manufacturing Execution (CME) platform. Subscribing to the Global Factory Network enables manufacturing suppliers and customers to communicate production status, forecast and loading visibility, delivery schedule and other operations management information. All parties in a collaborative manufacturing chain can operate as if communicating from within one enterprise. The Global Factory Network is subscription-based for affordability and is field configurable for rapid and low risk implementation. Global Factory was founded in 1999. About CEIMIS Enterprises Inc. CEIMIS Enterprises is the preeminent leader in creating collaborative solutions to manage product development that generates quantifiable value to its customers. Engineers, engineering groups, customer service, clients, and suppliers must all collaborate in the cycle of product development. With continued triple digit growth rates Growth Rates The compounded annualized rate of growth of a company's revenues, earnings, dividends, or other figures. Notes: Remember, historically high growth rates don't always mean a high rate of growth looking into the future. and a distribution network of more than 2000 professionals worldwide, CEIMIS is a world leader. The company is debt free, profitable, and a Venture Capital funded Organization whose sole purpose is to define, develop and deliver customer value with minimum waste and maximum flexibility. Since inception, CEIMIS has focused on sharing product development techniques and processes through the delivery of innovative tools. Founded in 1994, CEIMIS is based in Laguna Hills. More information about CEIMIS Enterprises and its products and services is available at the CEIMIS World Wide Web Site (http://www.ceimis.com). Statements in this news release or other wise attributable to the company regarding the company's business, which is not historical fact, including those, related to company's growth prospects or future benefits associated with the company's products are forward-looking statements made pursuant to the safe harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. provisions 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. Note To Editors: MAGIK! is a trademark of CEIMIS Enterprises Inc. The correct usage of the CEIMIS names is all capitals. |
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