Optio-R- Software and QAD Expand B2B Initiatives to Enable eQ and MFG/PRO Users Greater Reach into their Trading Partner Communities.Business Editors ATLANTA--(BUSINESS WIRE)--July 13, 2000 Optio Software, Inc. (Nasdaq NM: OPTO OPTO Optical OPTO One Person Train Operation (transportation) ), a leading provider of e-business infrastructure software that enables organizations to communicate with 100% of their trading partners and employees, now offers a solution to QAD QAD Quality Assurance Division QAD Quality Assurance Department QAD Quick And Dirty QAD Quality Audit Division QAD Quick Attach/Detach QAD Question Answer Detail (language arts education) QAD Quality Application Development customers for automating transactions with trading partners that are not e-business enabled. Optio's Enterprise Suite integrates with QAD applications to provide users a non-disruptive path to customize, deliver and exchange information, linking trading partners to the customized enterprise information required to conduct e-business. Optio has maintained an alliance with QAD (Nasdaq: NM: QADI) since 1994. Optio taps directly into the data streams generated from QAD applications, customizes it to the specific needs of the user and delivers it to a global network of digital destinations, including the Web, print, fax, wireless devices and e-mail systems--all without costly and time-consuming programming and without disruption to core business processes. This allows QAD users to leverage their IT investment and existing infrastructure while extending their reach to support the customized information requirements The information needed to support a business or other activity. Systems analysts turn information requirements (the what and when) into functional specifications (the how) of an information system. of their trading partner communities. "Our alliance with Optio is already delivering real-world business value to our customers," said Jim Carbone, Manager of Product Alliances for QAD. "As our customers transition to enable e-business, Optio's solutions will complement QAD's eQ and MFG/PRO by providing QAD customers a way to automate transactions with their trading partners that are not ready yet for e-commerce." RMS (1) (Record Management Services) A file management system used in VAXs. (2) (Root Mean Square) A method used to measure electrical output in volts and watts. 1. RMS - Record Management Services. 2. (Resource Management Services) group of Schlumberger Ltd., a Fortune 500 international technical products and services company, with more than 15,000 employees, is using Optio with its QAD MFG/PRO applications in 38 sites throughout 14 countries. Optio tailors information generated from QAD to Schlumberger's specific business processes and intelligently delivers customized purchase orders, accounts receivable accounts receivable n. the amounts of money due or owed to a business or professional by customers or clients. Generally, accounts receivable refers to the total amount due and is considered in calculating the value of a business or the business' problems in paying invoices, requests for quotes and accounts payable checks to a variety of digital destinations throughout the supply chain, ensuring recipients receive exactly the information needed. Optio allows Schlumberger to respond more quickly to customer, supplier and vendor requests for customized information while supporting their current IT infrastructure. "We investigated several options for information customization and delivery within the industry, but the Optio solution was chosen because its features and flexibility best fit our needs," said Jean Roy, IT Manager for Schlumberger RMS. "The seamless integration An addition of a new application, routine or device that works smoothly with the existing system. It implies that the new feature or program can be installed and used without problems. Contrast with "transparent," which implies that there is no discernible change after installation. of Optio solutions with QAD's MFG/PRO applications was an important factor in our decision as was the fact that we can partner with one company (Optio) to transition from paper-based processes to e-business." QAD, a leading developer of industry-specific e-business solutions for manufacturers and distributors, developed its Product Alliance Program as one of several global programs geared at delivering best-in-class Global Supply Chain solutions to its customer base. "Our alliance with QAD is evidence of the strong relationship we have had with the company. Not only are they a user of our software, but they recommend our full spectrum solution to customers in their vertical manufacturing markets," said C. Wayne Cape, president and 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 Optio Software. "We will continue to work closely with QAD to ensure all customer requirements for customized information are met." About Optio Software, Inc. Optio Software, Inc. provides e-business infrastructure software that enables B2B (Business to Business) Refers to one business communicating with or selling to another. See B2B e-commerce, B2C and B2G. B2B - business to business integration and presentation of information across 100% of an organization's trading partners and systems. Optio's software improves the quality of an organization's communications with customers, suppliers, partners and employees by customizing, delivering and exchanging information over a global network of digital destinations. Optio's products are being used to integrate diverse applications requiring high availability Also called "RAS" (reliability, availability, serviceability) or "fault resilient," it refers to a multiprocessing system that can quickly recover from a failure. There may be a minute or two of downtime while one system switches over to another, but processing will continue. and throughput, as infrastructure for B2B commerce and to tailor the information from enterprise, e-business and legacy applications for delivery and exchange as XML XML in full Extensible Markup Language. Markup language developed to be a simplified and more structural version of SGML. It incorporates features of HTML (e.g., hypertext linking), but is designed to overcome some of HTML's limitations. , EDI (Electronic Data Interchange) The electronic communication of business transactions, such as orders, confirmations and invoices, between organizations. Third parties provide EDI services that enable organizations with different equipment to connect. , web content and customized documents according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. individualized in·di·vid·u·al·ize tr.v. in·di·vid·u·al·ized, in·di·vid·u·al·iz·ing, in·di·vid·u·al·iz·es 1. To give individuality to. 2. To consider or treat individually; particularize. 3. trading partner requirements. Optio's solutions are non-intrusive and can be deployed without modifying the software or the business processes that created the original information. Optio has approximately 4,000 customers, including The Home Depot The Home Depot (NYSE: HD) is an American retailer of home improvement and construction products and services. Headquartered in Vinings, just outside Atlanta in unincorporated Cobb County, Georgia, Home Depot employs more than 355,000 people and operates 2,164 big-box , Schlumberger, Avery Dennison Avery Dennison Corporation (NYSE: AVY) produces pressure-sensitive materials (such as self-adhesive labels), office products, and various paper products. R. Stanton Avery founded Avery in 1935. Avery Dennison Corporation was created in 1990 by merger of Avery and Dennison. and Toys `R Us. For more information contact Optio Software - Phone: 770/576-3500, Fax: 770/576-3699, E-Mail: info@optiosoftware.com, Corporate Headquarters: 3015 Windward wind·ward adj. 1. Of or moving toward the quarter from which the wind blows. 2. Of or on the side exposed to the wind or to prevailing winds. adv. In a direction from which the wind blows; against the wind. Plaza, Windward Fairways II, Alpharetta, GA 30005, Web Site: http://www.optiosoftware.com. About QAD Founded in 1979, QAD is a leading provider of e-business software and services to multinational manufacturers and distributors of all sizes, with special focus on the mid-market. Available in 26 languages and able to support multiple currencies, QAD software helps speed business processes for more than 300,000 licensed users at more than 4,000 licensed sites in more than 80 countries. QAD software is specifically designed for global manufacturers in the following targeted industries: automotive, consumer products, electronics, food and beverage F&B is a common abbreviation in the United States and Commonwealth countries, including Hong Kong. F&B is typically the widely accepted abbreviation for "Food and Beverage," which is the sector/industry that specializes in the conceptualization, the making of, and delivery of foods. , industrial, and medical products. For more information about QAD, telephone +1 805 684 6614, or visit the QAD web site at http://www.qad.com. To receive any of QAD's press releases via facsimile, contact 1-800-356-0747, or outside the U.S. contact +1 213 253 5647. This press release contains statements which may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by 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. Those statements include statements regarding the intent, belief or current expectations of Optio Software, Inc. and members of its management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Important factors currently known to management that could cause actual results to differ materially from those in forward-looking statements include fluctuation of our operating results, delays in product development, undetected software errors, competitive pressures, technical difficulties, market acceptance availability of technical personnel, changes in customer requirements, difficulty integrating acquired companies and general economic conditions. Additional factors are set forth in the Optio's Form S-1 Registration Statement dated December 13, 1999. Optio undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results. Optio is a registered trademark of Optio Software, Inc. All other company and product names referenced herein are registered trademarks or trademarks of their respective owners. |
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