Nichols Holland Completes Phase One of Morgan Foods, Inc. SAP R/3 Implementation.HUNTSVILLE, Ala.--(BUSINESS WIRE)--Sept. 13, 1999-- Nichols Holland, a Nichols Research Corporation (Nichols) (Nasdaq: NRES NRES National Research Ethics Service (United Kingdom) NRES National Rail Enquiry Service (Great Britain) ) subsidiary, has completed the SAP(TM) R/3 implementation for Morgan Foods, Inc. on April 5, 1999. Using the Accelerated SAP (ASAP (chat) asap - As soon as possible. (TM)) methodology, Nichols Holland delivered phase one of the SAP(TM) R/3 Design and Implementation to Morgan Foods on schedule. Dan Slattery, Vice President of Finance for Morgan Foods stated, "Holland helped us methodically walk through the implementation process and ensured the project was completed on a timely basis. Without the discipline of ASAP(TM), we would likely still be working to put the software on-line a year from now. The bottom line is we were serving our customers from day one. While issues did arise, we were able to work through them in an orderly fashion." Morgan Foods, Inc., a family owned food processor headquartered in Austin, Indiana Austin is a town in Scott County, Indiana, United States. The population was 4,724 at the 2000 census. Geography Austin is located at (38.742361°,-85.804583°)GR1. , is the third-largest canned soup Canned soup is soup that comes packaged in a can. It can be condensed, in which case it is prepared by adding water (or sometimes milk), or it can be ready-to-eat, meaning that it only needs to be warmed. Canned soup can be prepared by heating in a pan or in the microwave. processor in the world. Morgan produces canned food canned food food sterilized by heat in a closed, durable container such as tin and aluminum cans, flexible aluminum foil and thermoplastic containers including squeeze tubes. Technically, the processes used are highly efficient and used universally. products under private label and co-packing arrangements for many well-known supermarket and national brands. Larry Powell, Nichols Holland President, stated, "We're pleased the phase one implementation for Morgan Foods went so quickly and produced immediate customer benefits." Nichols Holland implemented SAP(TM) R/3 sales and distribution, materials management Materials management is the branch of logistics that deals with the tangible components of a supply chain. Specifically, this covers the acquisition of spare parts and replacements, quality control of purchasing and ordering such parts, and the standards involved in ordering, , production planning Production planning The function of a manufacturing enterprise responsible for the efficient planning, scheduling, and coordination of all production activities. , financials and controlling (Product Costing) modules during phase one, with other modules to follow during phases two and three. Using the ASAP(TM) methodology, Nichols Holland was able to bring core business systems online for Morgan Foods, Inc. in less than six months. An established leader in SAP R/3 implementation and consulting services Nichols Holland is a National SAP Implementation Partner and has earned the distinction as a Certified ASAP(TM) Partner in the commercial and public sector marketplace. Nichols Research Corporation, headquartered in Huntsville, AL, provides information technology and technical services for the Department of Defense, federal civilian agencies, state government clients, and commercial clients. The company has more than 30 locations throughout the United States, 3,000 employees, and revenues of more than $420 million. Additional information may be found at the Nichols web site: www.nichols.com. The company's stock is traded under the Nasdaq market symbol: NRES. Except for historical information contained herein, this release contains forward-looking statements as defined in Section 21E of the Securities Exchange Act of 1934. These forward-looking statements can be generally identified as such because the content of the statement will usually contain words such as the Company or management "believes," "anticipates," "expects," "estimates," "hopes," and words of similar import. Similarly, statements that describe the Company's future plans, objectives, goals or strategies are forward-looking statements. Such forward-looking statements are subject to various risks and uncertainties that could cause actual results to differ materially from those projected in the forward-looking statements. These risks and uncertainties are discussed in more detail in the Company's 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. for the fiscal year ended August 31, 1998, including the Management's Discussion and Analysis Management's discussion and analysis (MD&A) A report from management to shareholders that accompanies the firm's financial statements in the annual report. It explains the period's financial results and enables management to discuss topics that may not be apparent in the financial of Financial Conditions and Results of Operations section of that Annual Report. |
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