Ross Systems Selected by Schenectady International to Standardize and Streamline Global Operations.Business Editors/High-Tech Writers ATLANTA--(BUSINESS WIRE)--Feb. 4, 2003 Ross Systems, 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 : ROSS), a leading provider of enterprise software solutions for process manufacturers, announced today that Schenectady International, Inc. has licensed the full suite of iRenaissance 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. (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. ) applications. Schenectady will deploy these applications throughout their global operations Global Operations is a first-person shooter computer game developed by Barking Dog Studios and published by both Crave Entertainment and Electronic Arts. It was released in March of 2002, following its public multiplayer beta version which contained only the Quebec map. , replacing its current systems and automating manual processes to increase efficiencies and promote standardization. Schenectady International is a privately held chemicals company producing a wide range of products including: Magnet wire Magnet wire is a copper or aluminum wire covered with thin insulation. It is used in the construction of transformers, inductors, motors, and electromagnets, among other applications. However, it is not magnetic itself. enamels, insulating varnishes, coatings and adhesive resins, electronic chemicals, imaging products, rubber compounding resins, mono-alkyphenols, di- and tri- alkyphenols, alklcresols, Xylenols, antioxidants Antioxidants Substances that reduce the damage of the highly reactive free radicals that are the byproducts of the cells. Mentioned in: Aging, Nutritional Supplements antioxidants, n. , pyridines, friction materials, and Bectron(C) coatings for electronics. Schenectady operates 25 production sites in 14 countries. "With an increasingly diverse product mix manufactured across global operations, we must drive best-practices throughout the company to ensure that our high quality standards are maintained while maximizing efficiencies," said Wallace Graham, Chairman 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 Schenectady International. Our initial automation efforts were progressing too slowly to address our needs. Some plants were waiting in the queue while others were taking 15 months to implement our prior ERP package. We had to find a better fit that would cost-effectively enable us to quickly address our critical needs. We found the iRenaissance ERP applications from Ross Systems." Specifically designed for manufacturers in the chemicals, life sciences, 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. , metals and natural product industries, iRenaissance provides a deep functional fit and a low total cost of ownership, without the unnecessary overhead of a generalized ERP system. "Building on our prior experience, we conducted a thorough evaluation of Ross, their iRenaissance applications, and their consulting services Noun 1. consulting service - service provided by a professional advisor (e.g., a lawyer or doctor or CPA etc.) service - work done by one person or group that benefits another; "budget separately for goods and services" ," said Allen Look, Director - Global IT. "We spoke with, and visited several of Ross' customers who measured their implementations in weeks. Their cost savings resulting from rapid implementations was a significant factor in our decision to partner with Ross. Because iRenaissance delivers a very close functional fit to our requirements, we estimate a savings in multiple millions of dollars compared to upgrading our current applications. Additionally, cultural fit is very important to us and Ross proved itself to be the kind of company we want to do business with. They demonstrated outstanding business partnerships with their customers, and an intense focus on addressing the current and future needs of our industry." "Schenectady is recognized as a global leader in chemicals, having literally invented some of the industries they serve," said J. Patrick Tinley, Chairman and CEO of Ross Systems. "They are also a very sophisticated, quality-conscious buyer of enterprise systems with a thorough knowledge of their global requirements and hands-on experience with the limitations of generalized systems. This is the beginning of a long-term, highly beneficial relationship for both Schenectady International and Ross Systems." About Ross Systems Ross Systems, Inc. listed as (NASDAQ:ROSS) since 1991, is a global supplier of enterprise software solutions designed specifically for manufacturers in the chemicals, life sciences, food and beverage, metals and natural product industries. The Company's iRenaissance family is a comprehensive, integrated suite that includes ERP II, SCM (1) (Software Configuration Management, Source Code Management) See configuration management. (2) See supply chain management. (supply chain management), CRM (Customer Relationship Management) An integrated information system that is used to plan, schedule and control the presales and postsales activities in an organization. (customer relationship management) and business analytics applications. Implemented by more than 1,000 customers worldwide, iRenaissance enables companies to accelerate the introduction of new products, effectively manage complex manufacturing processes, ensure quality control and regulatory compliance, minimize the risk of product recalls, collaborate effectively with suppliers, and ensure customer satisfaction. Ross Systems has more than 25 offices around the world to serve its customers. For more information contact (770) 351-9600, (877) 767-7462, info@rossinc.com, www.rossinc.com. STATEMENTS IN THIS ANNOUNCEMENT WHICH EXPRESS THAT THE COMPANY "BELIEVES", "ANTICIPATES", "EXPECTS", "PLANS TO..." OR "SHOULD BEGIN TO..." AS WELL AS OTHER STATEMENTS WHICH ARE NOT HISTORICAL FACT, ARE FORWARD LOOKING STATEMENTS 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. ACTUAL EVENTS OR RESULTS MAY DIFFER MATERIALLY AS A RESULT OF RISKS AND UNCERTAINTIES, INCLUDING QUARTERLY FLUCTUATION OF SOFTWARE PRODUCT LICENSE REVENUE, WEAKENING OF CUSTOMER DEMAND FOR ENTERPRISE SYSTEMS, THE COMPANY'S MAINTENANCE OF A MINIMAL BACKLOG, THE UNCERTAINTY OF DEMAND FOR NEW PRODUCT OFFERINGS AND OTHER RISKS AND UNCERTAINTIES DESCRIBED IN REPORTS FILED BY THE COMPANY WITH THE SEC, INCLUDING THE 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. FILED FOR THE YEAR ENDED JUNE 30, 2002, AND THE QUARTERLY REPORT ON FORM 10-Q Form 10-Q See 10-Q. FOR THE QUARTERS ENDED SEPTEMBER 30, 2002. iRenaissance and GEMBASE are registered trademarks of Ross Systems, Inc. Throughout this release, software and hardware products are mentioned by name. In most, if not all, cases, the companies that manufacture the products claim these product names as trademarks. It is not our intention to claim these names or trademarks as our own. |
|
||||||||||||||||

Printer friendly
Cite/link
Email
Feedback
Reader Opinion