Harris Corporation Signs 3-Year, $300,000 Software and Services Contract with Tecnomatix.Business/Technology Editors NASHUA, N.H.--(BUSINESS WIRE)--April 16, 2002 Harris RF Division Selects eMPower Execution Systems Solution for Data Collection and Manufacturing Process Management Manufacturing Process Management (MPM) is a collection of technology and methods used in the manufacture of products. It incorporates such technologies as computer-aided production engineering (CAPE), Advanced Planning & Scheduling (APS) , computer-aided manufacturing (CAM), Tecnomatix Technologies, Ltd. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :TCNO TCNO Time Compliance Network Order (USAF) TCNO Tactical Computers Network Operators ), the leading provider of Manufacturing Process Management (MPM MPM Multi-Processing Module (Apache) MPM Manufacturing Process Management MPM Milwaukee Public Museum MPM MMW (Millimeter Wave) Power Module MPM Master of Project Management (degree) ) software solutions, today announced that its Tecnomatix Unicam subsidiary has won a three-year software and services contract from Harris Corporation's RF Communications Division. The contract, initially signed in Q4 2001, is valued at more than US$300,000. Harris is a leading international communications equipment manufacturer providing products and systems to government and commercial customers. They will be using Tecnomatix eMPower(TM) eM-Quality software to meet their extended data collection requirements, and to enhance their real-time reporting and genealogy genealogy (jē'nēŏl`əjē, –ăl`–, jĕ–), the study of family lineage. Genealogies have existed since ancient times. tracking efforts. As part of the Tecnomatix eMPower Execution Systems solution set, eM-Quality can help users improve product and process quality, reduce manufacturing and assembly variations, enhance implementation and transferring of best practices between sites and facilities, reduce engineering changes and reworking, and enhance communication of quality information throughout the extended enterprise. With the enhanced capabilities of the recently announced eM-Quality 2.2, Tecnomatix adds to the capabilities of its eMPower Execution Systems solution set by providing users with a fault-tolerant user interface management system, enhanced engineering change order functionality and in-process route editing capability. "As a long-time Tecnomatix customer, we are well aware of the high quality and caliber of eMPower products and services. Moving to eM-Quality was an obvious choice for us," said Sanjay Rajan, senior manager of quality engineering at Harris Corporation Harris Corporation NYSE: HRS is an international communications equipment company that produces wireless equipment, electronic systems, and both terrestrial and spaceborne antennas for use in the government, defense, and commercial sectors. . "We look forward to broadening our use of eMPower solutions as we improve our extended data collection and quality assurance programs." "Now that Harris will be using our eMPower solutions, they have taken a natural next step that will help to ensure the most accurate data collection on their production floors," said Israel Levy, chief executive officer of Tecnomatix Unicam, a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of Tecnomatix Technologies, Ltd. "We are pleased that they have chosen Tecnomatix and our eMPower solutions, and will continue helping them remain competitive in this very volatile market." About Tecnomatix Technologies, Ltd. Tecnomatix Technologies, Ltd. (NASDAQ: TCNO) is the world's leading provider of Manufacturing Process Management software for the electronics, automotive, aerospace and heavy equipment industries. The company's eMPower(TM) software enables global manufacturing customers to build the best production strategies to succeed in their increasingly complex environments. Tecnomatix applications run on an open platform providing a collaborative environment for authoring, simulating and managing manufacturing processes across the extended enterprise and its suppliers. The company, founded in 1983, has offices and distributors in 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. , Europe, the Pacific Rim Pacific Rim, term used to describe the nations bordering the Pacific Ocean and the island countries situated in it. In the post–World War II era, the Pacific Rim has become an increasingly important and interconnected economic region. and Latin America Latin America, the Spanish-speaking, Portuguese-speaking, and French-speaking countries (except Canada) of North America, South America, Central America, and the West Indies. . Additional information about the company can be found at www.tecnomatix.com. About Harris Corporation Harris Corporation (NYSE NYSE See: New York Stock Exchange : HRS) is an international communications equipment company focused on providing product, system, and service solutions for commercial and government customers. The company's five operating divisions serve markets for microwave, broadcast, network support, secure tactical radio, and government communications systems. The company has more than 10,000 employees, including 4,000 engineers and scientists. For more information, see www.harris.com. Certain statements made herein that use the words "estimate," "project," "intend," "expect," "believe," and similar expressions are intended to identify 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. These forward-looking statements involve known and unknown risks and uncertainties which could cause the actual results, performance or achievements of the Company to be materially different from those which may be expressed or implied by such statements, including, among others, changes in general political, economic and business conditions and specifically, changes in the level of activity in the manufacturing industry, decline in demand to the Company's products, inability to timely develop and introduce new technologies, products and applications and loss of market share and pressure on prices resulting from competition. For additional information regarding these and other risks and uncertainties associated with the Company's business, reference is made to the Company's reports filed from time to time with the Securities and Exchange Commission. Note: All brand, product and company names are trademarks of their respective owners |
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