Integrated Business Solutions Company Integrates Formtek.ORLANDO, Fla.--(BUSINESS WIRE)--Feb. 12, 1999--Lockheed Martin today announced the integration of Formtek Incorporated, A Lockheed Martin For the former company, see . Lockheed Martin (NYSE: LMT) is a leading multinational aerospace manufacturer and advanced technology company formed in 1995 by the merger of Lockheed Corporation with Martin Marietta. Company into its Integrated Business Solutions Company (IBS IBS Irritable bowel syndrome, see there ). Lockheed Martin's Integrated Business Solutions Company will create a new business area focused on Formtek's commercial software product FORMTEK:ORION(TM), and services focused on the Integrated Document Management (IDM (1) See identity management. (2) (Integrated Device Manufacturer) A company that performs every step of the chip-making process, including design, manufacture, test and packaging. Examples of IDMs are Intel, AMD, Motorola, IBM, TI and Lucent. ) market. The new business area will be headed by Dennis M. Scanlon, who as vice president for Integrated Document Management Solutions will report directly to Gary P. Mann, president, Integrated Business Solutions Company . The new IDM solution business area will focus in the following areas: -- Vertical market specialty with industry-specific repeatable solutions for CALS/CITIS, ISO (1) See ISO speed. (2) (International Organization for Standardization, Geneva, Switzerland, www.iso.ch) An organization that sets international standards, founded in 1946. The U.S. member body is ANSI. Compliance, Imaging, Document Management for Intranets and Engineering Drawing Management. -- Platform-specific, focused in support of integrationware for Enterprise Resource Planning See ERP. (application, business) Enterprise Resource Planning - (ERP) Any software system designed to support and automate the business processes of medium and large businesses. (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. ), Web/Intranet and Email connectivity. -- Channel-driven (Integrators, Resellers), to pursue a higher percentage of global users across a greater number of industries. By integrating Formtek's software solutions into IBS, current Formtek customers will benefit from: -- An expanded services organization with a large base of skilled IT personnel to support IDM system integration, training, analysis, implementation and project management requirements. -- Continued product maintenance, extended software product development resource availability and additional industry specialization capability. -- The depth and breadth of Lockheed Martin's commercial outsourcing and integration experience within small, medium and large enterprises. "The integration of Formtek's domestic and international experience in working with commercial clients and partners into IBS provides customers and prospects with a full spectrum of Lockheed Martin resources to maintain, support and grow their implementations," said Gary P. Mann. "The integration allows IBS to pursue and capture a leadership position in the IDM market space by leveraging combined resources and expertise," said Dennis M. Scanlon. "The resulting IBS experience base will expand to include industries such as financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. and insurance, healthcare, retail, process distribution, manufacturing and telecommunications. This new business model and supporting infrastructure will significantly enhance customer satisfaction." About Lockheed Martin Headquartered in Bethesda, Maryland Bethesda is an urbanized, but unincorporated, area in southern Montgomery County, Maryland, just Northwest of Washington, D.C. It takes its name from a church located there, the Bethesda Presbyterian Church, built in 1820 and rebuilt in 1850, which in turn took its name from , Lockheed Martin is a highly diversified global enterprise principally engaged in the research, design, development, manufacture and integration of advanced-technology systems, products and services. The Corporation's businesses span space and telecommunications, electronics, information and services, aeronautics, energy and systems integration. Employing more than 170,000 people worldwide, Lockheed Martin had 1998 sales surpassing $26 billion. About FORMTEK:ORION Software FORMTEK:ORION software is a comprehensive suite of applications for enterprise-wide storing, managing, accessing, routing, reviewing, annotating an·no·tate v. an·no·tat·ed, an·no·tat·ing, an·no·tates v.tr. To furnish (a literary work) with critical commentary or explanatory notes; gloss. v.intr. To gloss a text. , and distributing information. FORMTEK:ORION software offers multiple layers of security and is highly scalable, both in supporting large numbers of users and managing very large data sets. The full suite of FORMTEK:ORION software toolkits makes the product well suited to integration with third-party software applications. This combination of capability, security, scalability, and flexibility makes FORMTEK:ORION software a proven solution for meeting unique business solutions and changing business demands in mission critical environments. FORMTEK:ORION software is available for Windows NT (Windows New Technology) A 32-bit operating system from Microsoft for Intel x86 CPUs. NT is the core technology in Windows 2000 and Windows XP (see Windows). Available in separate client and server versions, it includes built-in networking and preemptive multitasking. (R), Windows(R) 95, Windows 98 and UNIX UNIX Operating system for digital computers, developed by Ken Thompson of Bell Laboratories in 1969. It was initially designed for a single user (the name was a pun on the earlier operating system Multics). (R) platforms. About Integrated Business Solutions Integrated Business Solutions, headquartered in Orlando, Florida The city of Orlando is a major city in central Florida and is the county seat of Orange County, Florida. According to the 2000 census, the city population was 185,951. A 2006 U.S. is the commercial Information Technology services arm of Lockheed Martin's Information & Services Sector. IBS is an international professional services organization that partners with commercial customers to develop and deploy business process and information technology solutions. Note to Editors: FORMTEK is a registered trademark and FORMTEK:ORION is a trademark of Formtek, Inc., a Lockheed Martin Company. All other trademarks and/or registered trademarks are the property of their respective owners. |
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