Indus and EntComm Join Forces to Provide Full Electronic Collaboration for Back-End Solutions.Business Editors ATLANTA--(BUSINESS WIRE)--April 20, 2004 Alliance Enables Enterprise Asset Management Connectivity and Automated Supply Chain Management Indus International Inc. (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 : IINT), a leading provider of Service Delivery Management(TM) solutions, today announced a strategic alliance with EntComm, a world-class provider of intra- and inter-enterprise collaboration technology and solutions. The partnership leverages the capabilities of EntComm's Resonance Suite(TM) of collaborative applications to deliver real-time supply chain collaboration and application-to-application (A2A A2A Access to Archives (UK) A2A Application to Application A2A Air-To-Air (weapon) A2A Administration-to-Administration A2A Any to Any ) integration solutions to Indus' clients - as well as integration to electronic market places via the IndusBuyDemand(TM) electronic procurement tool. The announcement was made at the IndusWorld 2004 user conference. "We are constantly seeking means to bring even greater value to our clients with our Service Delivery Management Solutions, and extending the benefits of SDM SDM - Schematic Data Model across our clients' supply chain is an area of focus in this initiative," said Indus President and Chief Executive Officer Greg Dukat. "EntComm's technology and products are a logical fit for Indus clients to obtain value-added functionality, such as procurement automation and vendor managed inventory Vendor Managed Inventory (VMI) is a family of business models in which the buyer of a product provides certain information to a supplier of that product and the supplier takes full responsibility for maintaining an agreed inventory of the material, usually at the buyer's (VMI VMI Virginia Military Institute VMI Vendor Managed Inventory VMI Vertical Motion Index VMI Valtakunnan Metsien Inventointi (Finnish: National Forest Inventory) VMI Video Module Interface ). Their solutions integrate seamlessly with Indus' systems and readily bring about real-time visibility and supply chain event management (SCEM SCEM Supply Chain Event Management SCEM Scanning Electron Microscope SCEM Société Canadienne des Éleveurs de Moutons (Ottowa, Ontario, Canada) SCEM Survivability Cost Estimating Model ) capabilities to their operations. As a result, the biggest beneficiaries of this alliance will be our present and future clients." "We are very pleased to partner with Indus in bringing supply chain collaboration to their clients," says Sundar Ramayya, EntComm's President & 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. . "Organizations seeking to collaborate with their suppliers or even consolidate and allocate across multiple instances of Indus systems can now achieve their objectives within tangible and deeply shortened time-frames. This partnership is certainly a win-win-win for Indus, EntComm, and, most important of all, our clients." The partnership stems from work for mutual client Transocean, who engaged EntComm to deliver e-collaboration with their Indus EMPAC EMPAC Experimental Media and Performing Arts Center (TM) system. The installation of EntComm's Resonance solution serves as the collaboration layer between Transocean and its suppliers. Transocean is the world's largest offshore drilling Offshore drilling typically refers to the act of extracting resources, primarily oil, in an ocean or lake. Controversy As with all oil drilling, there has been a certain level of controversy surrounding the issue. contractor. About EntComm EntComm's vision is 100% collaboration - between enterprises and every one of their trading partners, irrespective of irrespective of prep. Without consideration of; regardless of. irrespective of preposition despite their size and IT systems. EntComm is a leader in solutions that automate collaboration, increase transaction velocity and eliminate information latency between businesses and their internal and external trading partners. EntComm's Resonance Suite(TM) accelerates peer-to-peer collaboration between companies and enables real-time visibility. Resonance readily integrates through certified interfaces with most back-end enterprise systems such as EMPAC, PASSPORT, SAP, Oracle, WDS Wds Words WDS Wireless Distribution System (Joint Common Database) WDS Wide-area Data Services WDS Wireless Domain Services (Cisco Systems technology) WDS Wavelength Dispersive Spectroscopy , BaaN and Glovia amongst others. Based in Gardena, CA, EntComm, Inc. was founded in 1999 and currently has offices in India and Australia. For more information on EntComm and its line of collaborative solutions and services, call (310) 436-3800 or visit www.entcomm.com. About Indus International Indus is a leading provider of Service Delivery Management (SDM) solutions, which help clients in a broad array of industries optimize the management of their customers, workforce, spare parts inventory, tools and documentation in order to maximize performance and customer satisfaction while achieving significant cost savings. Indus customer, asset and workforce management software products, professional services and hosted service offerings improve our clients' profitability by reducing costs, increasing capacity and competitiveness, improving service to their customers, facilitating billing for services and ensuring regulatory compliance. Indus solutions have been purchased by more than 400 companies in more than 40 countries, representing diverse industries -- including manufacturing, utilities, telecommunications, government, education, transportation, facilities and property management, consumer packaged goods and more. For more information, visit our Website at http://www.indus.com. 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. Statement under 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 This press release contains statements, estimates or projections that are not historical in nature and that may constitute "forward-looking statements" as defined under U.S. federal securities laws. These statements include, but are not limited to, the value, cost savings, efficiencies and other benefits of the combined product offerings of Indus and Entcomm. These statements, which speak only as of the date given, are subject to certain risks and uncertainties that could cause actual results to differ materially from our Company's historical experience and our expectations or projections. These risks include, but are not limited to, the successful integration of the acquisition of Wishbone wishbone see furcula. Systems, including the challenges inherent in diverting the Company's management attention and resources from other strategic matters and from operational matters, the successful rationalization of the Wishbone business and products, ability to realize anticipated or any synergies or cost-savings from the acquisition, current market conditions for Indus' products and services, Indus' ability to achieve growth in its combined company offerings, Indus' ability to achieve projected revenues, gross margin, operating results and earnings, market acceptance and the success of Indus' products, the success of the Company's product development strategy, Indus' competitive position, the ability to enter into new partnership arrangements and to retain existing partnership arrangements, uncertainty relating to and the management of personnel changes, timely development and introduction of new products, releases and product enhancements, current economic conditions, heightened security and war or terrorist acts in countries of the world that affect the Company's business, and other risks identified from time-to-time in the Company's SEC filings. Investors are advised to consult the Company's filings with the SEC, including its 2002 Annual Report on Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. , as amended, and subsequent quarterly reports on Form 10-Q Form 10-Q See 10-Q. , for a further discussion of these and other risks. Indus is a trademark of Indus International, Inc. Other company and product names may be trademarks of the respective companies with which they are associated. |
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