The Indus Group Announces Contract Award at Cinergy Corporation.SAN FRANCISCO--(BUSINESS WIRE)--March 10, 1997--The Indus Group, 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 : IGRP (Interior Gateway Routing Protocol) A proprietary routing protocol from Cisco that was developed in 1988 to overcome the shortcomings of RIP. IGRP takes bandwidth, latency, reliability and current traffic load into consideration. ) today announced that Cinergy Corporation (formally Cincinnati Gas and Electric and Public Service of Indiana), headquartered in Cincinnati, Ohio “Cincinnati” redirects here. For other uses, see Cincinnati (disambiguation). Cincinnati is a city in the U.S. state of Ohio and the county seat of Hamilton County. signed a contract today for the Materials and Procurement Systems suite of its PASSPORT Software Solutions. Scope of the contract included a corporate license for Inventory Management, Contract Management, Accounts Payable, Material Safety Data and other related applications. In addition to business systems, The Indus Group's ABACUS implementation tools and methodology will play a strategic role in the "performance delivery" aspects of implementing enterprise-wide software and business process improvement across Cinergy over the next 12 months. PASSPORT will be used throughout Cinergy's corporate and satellite offices across Southern Indiana Southern Indiana, in the United States, is notable because it is culturally distinct from the rest of the state. The area's geography has led to a blend of Northern and Southern culture that is not found in the rest of Indiana. , Ohio and Northern Kentucky. The scope of business process improvement exercises will include examining virtually all procurement and warehousing operations affecting the more than 7000 employees at Cinergy. The outcome will be a streamlined supply cycle workflow and an efficient enterprise-wide information resource employing new state-of-the-art electronic commerce capabilities designed to retire older standalone systems. Cinergy is a significant account for The Indus Group since it represents an enterprise-wide supply chain implementation and PASSPORT's selection was made over SAP and several other software vendors in this market space. The PASSPORT user population at Cinergy is expected to exceed 2,200 employees and suppliers. Regarding the new contract announcement, Robert W. Felton, 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. at INDUS said, "With this new contract addressing the unique needs of Cinergy's tri-state supply cycle requirements, we are pleased to once again be recognized as the company which provides value to it customers by providing new tools, technology and implementation assistance to rapidly effect change. Cinergy Corporation joins a long list of enlightened electric utilities that wish to become more competitive by reducing costs, increasing process An increasing process is a stochastic process where the random variables efficiency and remaining in regulatory compliance and, we are pleased to be recognized as the vendor possessing `best business practice' for this industry that we understand so well." Craig Weida, General Manager of Cinergy's 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, Department, added his endorsement for the project stating, "As our business units continue to optimize their work processes in response to increased competition within our markets, materials management will be expected to deliver materials and value added Value Added The enhancement a company gives its product or service before offering the product to customers. Notes: This can either increase the products price or value. services to support these new processes. Our vision is an enterprise-wide system that empowers individual employees to make better decisions by providing them with information tools and data in a timely fashion. PASSPORT is the vehicle that will enable Cinergy to achieve this and provide world class materials services." The Indus Group, Inc. (NASDAQ: IGRP) develops, markets, and supports a proprietary line of enterprise management software and implementation services for energy and process industry customers worldwide. Taking advantage of the client/server model of networked computing, PASSPORT Software Solutions contain "best business practices" which serve as the catalyst for improving core business functions for electric utilities, oil and gas, chemical refining, forest products, and other process-related industries. ABACUS, The Indus Group's proprietary pre-implementation planning and education tool accelerates the realization of benefits derived from the products by delivering a reliable cost and time-efficient approach to implementation across the enterprise. PeopleSoft, Oracle, SPL (1) (Systems Programming Language) The assembly language for the HP 3000 series. See assembly language for an SPL program example. (2) (Structured Programming Language) See structured programming. 1. WorldGroup and TenFold tenfold Adjective 1. having ten times as many or as much 2. composed of ten parts Adverb by ten times as many or as much Adj. 1. Corporation are alliance partners of The Indus Group, Inc. -0- Note to Editors: INDUS, PASSPORT Software Solutions, ABACUS, PORTAL/G, PORTAL/95, PORTAL/97, VIEWPORT (1) In the Macintosh, the entire scrollable region of data that is viewed through a window. (2) Same as window. and PRISM Consulting and PASSPORT/PRISM are trademarks of The Indus Group, Inc. CONTACT: The Indus Group Frank Siskowski, 415/904-5000 fsiskowski@indusgroup.com |
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