SSA Global Reflects on Continued Success at Third Annual Global Client Forum.Business Editors CHICAGO & ORLANDO, Fla.--(BUSINESS WIRE)--Sept. 22, 2003 SSA Global (SSA Global Technologies, Inc., Chicago, IL www.ssaglobal.com) A leading provider of extended enterprise resource planning (ERP) solutions for manufacturing, services, and public organizations worldwide. The company was founded in 1981 as System Software Associates, Inc. is the number one provider of 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. solutions for the manufacturing and mid-market sectors and the 4th largest extended ERP provider in the world SSA Global(TM) begins its third annual Global Client Forum today with an opening address from the 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. who will discuss how company success has translated into business value for customers worldwide. Over the past year, SSA Global has grown customer share by expanding customer relationships and winning new ones; acquired market share by purchasing companies with high-value products, employees and customers; and developed extended solutions to add further value to customers' existing ERP investments. "This year marks the third client forum where we have had the pleasure to share corporate and product strategies with customers directly," says Mike Greenough, president, chairman and CEO, SSA Global. "Our customers' success is proof that our corporate strategy is working. The strength of our underlying business model and world-class products and services has enabled us to grow at a time of economic uncertainty." Over the past year, SSA Global reached significant milestones, further validating the company's business and product strategies. Acquiring Market Share and Developing Customer Share SSA Global is a $610 million software provider. For FY 2003, ended July 31, 33% of total revenue was from software license fees and more than 20% of those fees were from net new customers; EBITA EBITA Earnings Before Interest Taxes Amortization , as a percentage of total revenue, exceeded 20% -- among the highest in the industry. SSA Global has grown organically and through strategic acquisitions including Infinium Software and Baan. The company has more than 16,000 customers worldwide. Customer-centric Approach SSA Global signed major customers across industries and geographies over the past 12 months including AmeriCold Logistics, Clarke Shoes, Dynax, Electrolux Wasgator Sweden, IBM Global Services IBM Global Services is the world's largest business and technology services provider. It is the fastest growing part of IBM, with over 190,000 professionals serving customers in more than 160 countries. , Iida Tsusho, IKUYO, KLM KLM Kaiserliche Marine (Enigma: Rising Tide game) KLM Koninklijke Luchtvaart Maatschappij (Royal Dutch Airlines) KLM Klub Langer Menschen (German: Tall Person Club) Royal Dutch Airline, Leo Leo, in astronomy Leo [Lat.,=the lion], northern constellation lying S of Ursa Major and on the ecliptic (apparent path of the sun through the heavens) between Cancer and Virgo; it is one of the constellations of the zodiac. Pharmaceutical, Peugout, Plus and Royal Mail. In FY 2003, surveys showed that customers will continue to purchase additional SSA Global products and services, and recommend SSA Global to others. Retention rates for recurring maintenance continues to climb as a result of SSA Global financial strength, proven products and services, and strong customer results. Delivering the Right Solutions SSA Global continued to reinvest re·in·vest tr.v. re·in·vest·ed, re·in·vest·ing, re·in·vests To invest (capital or earnings) again, especially to invest (income from securities or funds) in additional shares. in its product offerings with 15 percent of total revenue spent on research and development, with a significant portion of those efforts concentrated on product integration and consolidation, thus affording customers the ability to leverage existing SSA Global solutions and high-value extensions. SSA Global continues to deliver the right solutions to customers through development, acquisition and partnering efforts including the following notable activities this past year: -- Released new product versions including SSA (Serial Storage Architecture) A fault tolerant peripheral interface from IBM that transfers data at 80 and 160 Mbytes/sec. SSA uses SCSI commands, allowing existing software to drive SSA peripherals, which are typically disk drives. BPCS BPCS Business Planning and Control System BPCS Better Process Control School BPCS Basic Process Control System BPCS Base/Post/Camp/Station BPCS Broadband Personal Communications System (FCC) Version 8.2, SSA Warehouse BOSS version 6.2, and completed more than 40 enhancements to SSA PRMS A full featured ERP system for the AS/400 from SSA Global Technologies, Inc., Chicago IL (www.ssaglobal.com). PRMS dates back to 1980 when the PCR company released its Resource Management System (RMS) software. In 1987, Pansophic Systems acquired PCR and added the "P" to the "RMS. . -- Announced three new applications for its business intelligence analytics suite. -- Acquired companies with solutions that extend the value of customers' existing applications. Robust solutions from Ironside Technologies and Baan can be implemented quickly to deliver a lower total cost of ownership. SSA Global also recently announced the intent-to-acquire supply chain execution solutions provider, EXE Exe (ĕks), river, c.55 mi (90 km) long, rising in the Exmoor, Somerset, SW England, and flowing S across the Cornwall peninsula, past Exeter to the English Channel at Exmouth. Technologies. -- Partnered with Fujitsu Software Corporation to utilize Fujitsu's Interstage(R) i-Flow(TM) business process management (BPM) software to workflow-enable SSA Global's ERP applications. Greenough added, "As industry consolidation continues, SSA Global will continue to acquire market share and grow customer share to retain our leadership position in the industry." About SSA Global SSA Global(TM) is a leading provider of extended 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) solutions for manufacturing, services, and public organizations worldwide. In addition to core ERP applications, SSA Global offers a full range of integrated extended solutions including corporate performance management, customer relationship management, supply chain management and supplier relationship management. Headquartered in Chicago, SSA Global has 121 worldwide offices serving more than 16,000 customers that represent market-leading companies in over 90 countries. For additional information, visit the SSA Global web site at www.ssaglobal.com. SSA Global(TM) is the new corporate brand for product lines and subsidiaries of SSA Global Technologies SSA Global Technologies (previous NASDAQ symbol: SSAG) was a company developing Enterprise resource planning (ERP) software. On May 15, 2006, SSA Global announced that it would be acquired by Infor Global Solutions. , Inc. Forward Looking Statements These materials may contain "forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. " within the meaning of Section 27A of the Securities Act of 1933, as amended, Section 21E of the Securities Exchange Act of 1934, as amended, and 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. Statements in this press release or otherwise attributable to SSA Global regarding the business which are not historical fact, including those regarding forecasted revenue, earnings, cash flow and liquidity and the future prospects of its business, are "forward looking statements" made pursuant to the 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. provisions of the Private Securities Litigation Reform Act of 1995. Any "forward-looking statements" in these materials are subject to certain risks and uncertainties that could cause actual results to differ materially from those stated. Any statements that are not statements of historical fact (including without limitation statements to the effect that SSA Global or its management "believes", "expects", "anticipates", "plans", "looks forward" and similar expressions) should be considered forward-looking statements. Many important factors could cause SSA Global's actual results to differ materially from those expressed in the forward-looking statements made by or on behalf of SSA Global, including, without limitation, the size and timing of license transactions, the effect of economic conditions on the spending patterns of SSA Global's customers, the impact of competitive products and services, the effect of fluctuations in the economy and local currency, the ability of SSA Global to accurately forecast revenue, the ability to maintain adequate cash flow, the ability to maintain a satisfactory credit facility, the relationship between SSA Global and its affiliates and suppliers, the ability to manage costs and expenses, the availability of qualified resources, the ability to develop and enhance products, and other unknown risks including those as may be detailed in other SSA Global filings, reports and releases. SSA Global undertakes no obligation to revise or publicly update these forward-looking statements, whether as a result of new information or otherwise. SSA Global, SSA Global Technologies and SSA GT are trademarks of SSA Global Technologies, Inc. Other products mentioned in this document are registered, trademarked or service marked by their respective owners. |
|
||||||||||||||||

Printer friendly
Cite/link
Email
Feedback
Reader Opinion