Casino France Significantly Expands JDA Software Investment; Tier One Retailer Chooses JDA Portfolio Inventory Optimization Solution to Improve Supply Chain Efficiencies.Business Editors/High-Tech Writers SCOTTSDALE, Ariz.--(BUSINESS WIRE)--May 7, 2002 JDA JDA Japan Defense Agency JDA Joint Development Agreement JDA Janne da Arc (band) JDA Joint Duty Assignment JDA Jerusalem Development Authority JDA Jovian Detention Authority (gaming) (R) Software Group Inc. (Nasdaq: JDAS) Tuesday announced that Casino France, the U.S.$14.5 billion multi-format division of Casino Guichard-Perrachon, a U.S.$19 billion global retail conglomerate, expanded its JDA Portfolio(R) investment in first quarter 2002. An existing user of JDA Portfolio's Arthur(TM) advanced planning suite of applications, Casino France selected JDA Portfolio's E3(TM) inventory optimization optimization Field of applied mathematics whose principles and methods are used to solve quantitative problems in disciplines including physics, biology, engineering, and economics. application as part of its global IT transformation project to improve supply chain and inventory management processes. Casino France operates the No. 1 convenience store chain in France as well as hypermarkets, supermarkets and various specialty shops. Describing the company's decision to further invest in JDA, Jean-Luc Galzi, Casino France 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. , stated, "Based on our previous positive experience with JDA, we know that we can count on their locally based consultants to understand our unique business requirements and provide the most extensive retail expertise." "To maintain our competitive edge for years to come, it's essential for us to provide the highest levels of customer service while reducing costs through improved supply chain efficiencies and balanced stock levels. "After reviewing other vendors' applications, we determined that JDA's inventory replenishment replenishment the addition of an appropriate quantity of properly prepared solution containing the correct concentration of chemicals to the developer solutions used in radiography. and forecasting application is best-in-class and offers the most extensive functionality to help us achieve our mission critical initiatives," remarked Galzi. "Our growing partnership with Casino France demonstrates the trust and confidence that we have achieved with multi-billion dollar grocers and other retailers for our comprehensive, market-ready packages," stated Greg Morrison, JDA's senior vice president of global operations Global Operations is a first-person shooter computer game developed by Barking Dog Studios and published by both Crave Entertainment and Electronic Arts. It was released in March of 2002, following its public multiplayer beta version which contained only the Quebec map. . "JDA's inventory optimization applications deliver market-leading functionality that is a great fit for Casino France's food business. The benefits of the Portfolio E3 solution will also extend well into its general merchandise operations." Key Business Indicators to Drive Worldwide Adoption As part of its global IT transformation project, Casino will establish key business indicators to measure service levels, savings and increased efficiencies for each of its 30 distribution centers. Galzi stated, "Our business model is based on the principle of `setting the example of success,' which means that we do not impose our decisions on the rest of the subsidiaries located around the world. If the project succeeds and the return on investment is proven, the subsidiaries will probably decide to adopt the solution themselves." Casino France is scheduled to go live with the Portfolio E3 solution in January 2003. About JDA Software JDA Software Group, Inc. is a demand and supply chain partner to the world’s leading retailers, manufacturers and suppliers and is located in Scottsdale, AZ. History Jim Armstrong, co-founded the U.S.-based JDA Software in 1985. Group Inc. With more than 4,600 retail, manufacturing and wholesale clients in 60 countries, JDA Software Group Inc. is the global leader in delivering integrated software Separate software components or applications that have been combined into one package. See integrated software package. and professional services (job) professional services - A department of a supplier providing consultancy and programming manpower for the supplier's products. for the retail demand chain. By capitalizing on its market position and financial strength, JDA commits significant resources to advancing JDA Portfolio, its suite of merchandising, POS (1) See point of sale and packet over SONET. (2) "Parent over shoulder." See digispeak. POS - point of sale , analytic and collaborative solutions that improve revenues, efficiency and customer focus. Founded in 1985, JDA is headquartered in Scottsdale and employs more than 1,400 associates operating from 36 offices in major cities throughout 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. , South America South America, fourth largest continent (1991 est. pop. 299,150,000), c.6,880,000 sq mi (17,819,000 sq km), the southern of the two continents of the Western Hemisphere. , Europe, Asia and Australia. For more details, visit www.jda.com, call 800/479-RETAIL (7382) or email info@jda.com. We do not believe this press release contains forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. 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. Nevertheless, if remarks in this press release are considered to be "forward-looking" or to have forward-looking implications, such as Galzi's statements that JDA will provide the most extensive local retail expertise or that Portfolio will help Casino to achieve its mission-critical initiatives, we would remind our investors and prospective investors that future events may involve risks and uncertainties. Risks and uncertainties that may affect our business are detailed from time to time in the "Risks Factors" section of our filings with the Securities and Exchange Commission. As a result of these and other risks, actual results may differ materially from those predicted. We undertake no obligation to update information in this release. "JDA," "JDA Portfolio," "Arthur," and "E3," are trademarks or registered trademarks of JDA Software Group. Any trade, product or service name referenced in this document using the name "JDA" is a trademark and/or property of JDA Software Group. All other trade, product, or service names referenced in this release may be trademarks or registered trademarks of their respective holders. |
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