Demantra Continues Forward Momentum with Move, New Staff Additions; Rapid Growth Necessitates Relocation to 300 Percent Larger Space.Business Editors/High-Tech Writers WALTHAM, Mass.--(BUSINESS WIRE)--June 30, 2003 Demantra, the leader in consumer demand-driven enterprise solutions, today announced the relocation RELOCATION, Scotch law, contracts. To let again to renew a lease, is called a relocation. 2. When a tenant holds over after the expiration of his lease, with the consent of his landlord, this will amount to a relocation. of its corporate headquarters from Cambridge, Mass. to larger office space in Waltham, Mass. Demantra's rapid expansion, demonstrated by an increase in internal staff and supported by the company's recent round of funding (Demantra Secures $16 Million in Series B Funding, April 21, 2003 press release), facilitated the move. The office space, a 300 percent increase in size over Demantra's previous location, will enable Demantra to continue to support its growth as an industry leader. "The relocation of our headquarters is a milestone for our company, enabled by our recent funding, which we received as a result of our rapid client growth and the strength of our marketing and supply chain solutions," said Bill Seibel, 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 Demantra. "This move signifies not only our stability but also our forward momentum and ability to recruit local talent, despite a volatile economic market." Demantra's new address is 230 Third Avenue, Waltham, Mass. 02451. The main phone number is 781-810-1700, and the fax number is 781-810-1701. About Demantra Demantra rapidly transforms our clients' businesses into collaborative demand-driven enterprises by providing a single, consistent, demand-based plan that optimizes marketing, inventory and 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. decisions. Enabling 360-degree visibility into enterprise planning, our Demantra Spectrum(TM) collaborative environment combines powerful Marketing Planning and Analytics, Demand Management and Inventory Planning and Optimization optimization Field of applied mathematics whose principles and methods are used to solve quantitative problems in disciplines including physics, biology, engineering, and economics. solutions needed to manage today's complex supply chains. Demantra has enabled more than 100 Fortune 1000 companies and other global organizations to increase profit margins and significantly drive overall business performance. Founded in 1996, Demantra has provided proven results to clients including: Hunter Douglas Hunter Douglas N.V. (Euronext:HDG) is a Dutch public corporation and major worldwide manufacturer of high-quality window coverings and . Hunter Douglas has its head office in Rotterdam, The Netherlands, and a management office in Lucerne, Switzerland. , Gulistan, Dal-Tile, Unilever, Reckitt Benckiser Reckitt Benckiser plc is one of the world's leading manufacturers of cleaning products and a member of the FTSE 100 Index of the largest companies traded on the London Stock Exchange. It is headquartered in the town of Slough just to the west of Greater London. , McCain Foods, Wendy's International Wendy's International, Inc. NYSE: WEN is the parent company of Wendy's Old Fashioned Hamburgers. It also owns 70 percent of Cafe Express and 25 percent (fully diluted) of Pasta Pomodoro. The Tim Hortons chain was spun off by Wendy's into a separate company in September 2006. and Firmenich. These leading consumer-brand companies leverage Demantra's solutions to optimize their promotions, inventory and replenishment decisions, realizing 100 to 500 percent ROI (Return On Investment) The monetary benefits derived from having spent money on developing or revising a system. In the IT world, there are more ways to compute ROI than Carter has liver pills (and for those of you who never heard of that expression, it means a lot). within the first year. For more information, see www.demantra.com or contact 1.866.DEMANTRA. Demantra(R) is a registered trademark and The Demantra Spectrum(TM) Suite is a trademark of Demantra, Inc. All other trademarks are the property of their respective owners. |
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