CIMNET, Inc. Applied Statistics, Inc., and Advanced Systems & Designs Announce Merger.Business Editors/Hi-Tech Writers ROBESONIA, Pa.--(BUSINESS WIRE)--April 26, 2000 CIMNET CIMNET Center for Information Management Network (R), Inc. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). BB: CIMK), Applied Statistics, Inc. (ASI ASI, n See Anxiety Sensitivity Index. ) and Advanced Systems & Designs, Inc. (ASD ASD abbr. atrial septal defect ASD Atrial septal defect, see there ) announced today that they have signed a letter of intent regarding the proposed merger of the three companies. The merger transaction is subject to the satisfaction of several conditions, including the execution of definitive agreements and the approval by the boards of directors and stockholders of each of the companies. The combined companies offer a complete, integrated portfolio of industrial production and quality management solutions including Manufacturing Execution System – Manufacturing execution system (MES) describes a set of integrated functions within a packaged software system or it can also describe the accumulated functionality within the production management infrastructure of a manufacturing or production company. (MES (Manufacturing Execution Software) Software that provides real time access to plant activities that include equipment, labor, orders and inventory. An MES integrates the data with enterprise resource planning (ERP) systems so that management has complete control of ) factory floor management and real-time Statistical Process Control (SPC 1. (business) SPC - Statistical Process Control. Something to do with quality management. 2. (body) SPC - Software Productivity Centre. 3. (company) SPC - Software Publishing Corporation. 4. ) solutions, optimizing manufacturing processes. These capabilities are especially critical for globally competitive manufacturing enterprises implementing quality standards and eBusiness strategies. CIMNET's configurable MES and distributed numerical control numerical control: see computer-aided manufacturing. numerical control (NC) Control of a system or device by direct input of data in the form of numbers, letters, symbols, words, or a combination of these forms. (DNC DNC Democratic National Committee DNC Democratic National Convention DNC Do Not Call DNC Delaware North Companies DNC Domain Name Commissioner DNC Direct Numerical Control DNC Do Not Change DNC Does Not Compute DNC Digital Nautical Chart ) products target a wide industry range including discrete manufacturing Fabricating products by assembling components and subsystems into larger systems. The automated assembly line is the prime example of discrete manufacturing such as in the making of automobiles, household appliances and computer systems. , 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. and the consumer packaged goods Noun 1. packaged goods - groceries that are packaged for sale foodstuff, grocery - (usually plural) consumer goods sold by a grocer plural, plural form - the form of a word that is used to denote more than one industries. Both ASI and ASD provide real-time SPC solutions to the same industries for manufacturing quality control systems. With the integration of products and services from ASI and ASD, the complete CIMNET portfolio of products will include quality and SPC solutions for those industries. In addition, the combined corporate resources will result in stronger customer services and support for the entire customer base. "ASI and ASD bring a tremendous amount of expertise and background in quality and SPC solutions for manufacturing," explained John Richardson The name John Richardson can refer to:
Currently, CIMNET offers two distinct configurable MES products, Folders(TM) and Infolink(TM) respectively. The Folders MES software provides finite scheduling, document management, electronic data collection and distribution, DNC, labor and job tracking, monitoring and reporting. Infolink features an extensive range of capabilities including lot tracking, downtime and waste monitoring, job queuing, online product specifications and Key Performance Indicators Key Performance Indicators (KPI) are financial and non-financial metrics used to quantify objectives to reflect strategic performance of an organization. KPIs are used in Business Intelligence to assess the present state of the business and to prescribe a course of action. . Both products provide interfaces to ERP (Enterprise Resource Planning) An integrated information system that serves all departments within an enterprise. Evolving out of the manufacturing industry, ERP implies the use of packaged software rather than proprietary software written by or for one customer. and control systems. Applied Statistics, Inc. provides real-time SPC solutions for global manufacturing enterprises. Its software products, Applied Stats(TM), Analyst, and Enterprise Monitor, provide robust SPC data collection, control charts, operational alarms, analysis, database and ERP system connectivity, with networked system management features and localized language capability. ASI also develops hardware connectivity products such as the MultiPort(TM) and MultiGage(TM) to ensure reliable collection of real-time data Real-time data denotes information that is delivered immediately after collection. There is no delay in the timeliness of the information provided. Some uses of this term confuse it with the term dynamic data. from hundreds of industrial measuring devices and systems. "ASI's expertise in device connectivity leads the SPC industry and we believe that our software is second to none in proven functionality," says Frank Voigt, President of Applied Statistics, Inc. "As manufacturing software providers begin to consolidate, leading companies must be able to integrate and deliver web-based, enterprise-wide solutions to global manufacturing problems. The combination of CIMNET, ASI, and ASD creates such a company with the financial strength and vision to be a leader in integrated MES, SPC, and quality management solutions for manufacturing enterprises. We will seek to continue to improve and integrate our product offerings and expand into related areas as opportunities develop." Advanced Systems and Designs, Inc. provides SPC software, data collection hardware and system integration services. In 15 years, it has become a leading solution provider in the quality control marketplace by combining extensive knowledge and experience with world-class products such as its SPC1+ software, SmartCable(TM) and GageMux(R) gage interface hardware, and the ShopTouch(R) line of touch screen industrial PCs. New product developments include the MicroGageMux(R) two port gage interface and the PalmSPC(TM) data collection system based on the Palm platform. "Ultimately, merging with CIMNET and ASI will benefit all of our customers," states Paul Mychalowych, President of Advanced Systems and Designs, Inc. "Our combined efforts, expertise and products will create an industry leader in factory floor data collection and management systems. We have worked closely with CIMNET for several years and this merger is the next logical step." With this merger, the three companies will work together to develop an integrated portfolio of MES and SPC solutions. The SPC solutions will integrate closely with the next generation of CIMNET MES software currently under development. This next generation of MES software will form the first configurable Web-based MES solution, assisting its customers to optimize their manufacturing processes for eBusiness. About CIMNET, Inc.: Since 1984, CIMNET(R) has been bringing paperless manufacturing to companies of every size, with more than 2000 installations worldwide. CIMNET's main products--Folders(TM), Infolink and DNC Professional(TM)--provide manufacturers with complete information control for a wide variety of industries. For more information on CIMNET Inc. products, call CIMNET at 610/693-3114 or visit its website at www.cimnet-folders.com. About Applied Statistics, Inc.: Established in 1986, ASI is a leader in SPC software technology with over 7,500 licenses of its Applied Stats(TM) real-time SPC package installed and supported worldwide. The company's products include both SPC software and device connectivity hardware solutions. ASI began with user-friendly SPC systems on Apple McIntosh systems, delivered the first SPC software system for Microsoft Windows in 1992, became a Microsoft Certified Solution Provider in 1994, and delivered the first 32-bit SPC software in 1998. ASI has developed a SAP/R3 certified QM-IDI interface for Applied Stats and a June 2000 release is planned for the first set of SPC components using Microsoft's COM/DCOM ActiveX technology. For more information on Applied Statistics, Inc. products, call ASI at 651/748-5200 or visit their website at www.applied-statistics.com About Advanced Systems & Designs, Inc.: Since 1985, ASD has specialized in research and development of quality management software and hardware systems for engineering and manufacturing optimization. In 1990, ASD partnered with, and subsequently acquired, Gage Connections, an industry leader in gage interface systems. Combining extensive knowledge and experience with world-class products, ASD offers all of the components needed to provide "Complete SPC Solutions". For more information on Advanced Systems & Designs products, call ASD at 248-689-4800 or visit their website at www.asdspc1.com. |
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