i2 and MRO Software Announce the Addition of MRO Services to the TradeMatrix Open Commerce Network.Business Editors & High-Tech Writers DALLAS & BEDFORD, Mass.--(BUSINESS WIRE)--May 15, 2001 New Service Incorporates MRO MRO In currencies, this is the abbreviation for the Mauritanian Ouguiya. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. Software's Product Suite, Enabling Suppliers to Leverage the Internet to Enhance Customer Relationships i2 Technologies, Inc. (Nasdaq: ITWO ITWO I2 Technologies (stock abbreviation, AMEX) ), the leading provider of dynamic value chain and marketplace solutions, and MRO Software MRO Software, Inc. - formerly known as PSDI, was a software firm based in Bedford, Massachusetts, which published Maximo, the top-selling Enterprise Asset Management system in the market. , Inc. (Nasdaq: MROI MROI Marketing Return On Investment MROI Magdalena Ridge Observatory Interferometer (New Mexico) MROI Marginal Return on Investment ), the leading provider of solutions for maintenance optimization, industrial supply chain planning and supplier enablement Supplier Enablement is the process of electronically connecting suppliers (or other trading partners) to a company's supply chain. Supplier enablement is achieved when suppliers of goods and services are connected to a company's back-office systems to exchange critical business , today introduced MRO Services, a new set of supplier enablement services offered on the i2 TradeMatrix Open Commerce Network(TM)(OCN OCN Open College Network OCN Oceanography OCN Open Computer Network OCN Operating Company Number (NANPA) OCN Oncology Certified Nurse OCN Of Course Not OCN Orange County News Channel OCN Optical Carrier Level N ). TradeMatrix OCN MRO Services are designed to enable Maintenance, Repair and Operations Maintenance management or Maintenance, (MRO'), is fixing any sort of mechanical or electrical device should it become out of order or broken (repair) as well as performing the routine actions which keep the device in working order (maintenance) or prevent trouble (MRO) supply distributors to improve sales efficiencies through a hosted suite of applications that include capabilities for MRO content, commerce, planning and collaboration, and connectivity with customers. Using MRO Services, MRO distributors can quickly establish online product catalogs, manage catalog information, interconnect with their customers' procurement systems, create a Web storefront, manage customer-specific information, and conduct commerce, all in a secure Internet environment. Under an extended global agreement between the companies, i2 in collaboration with MRO Software, will offer and sell MRO Services on the i2 TradeMatrix Open Commerce Network. MRO Services incorporate the capabilities of MRO Software's mroDistributor(TM), mroManufacturer(TM) and mroConnect(TM) as integral components of TradeMatrix OCN MRO Services. "MRO Services represent a collaborative effort offering tremendous value to all participants in the industrial supply chain," said Chip Drapeau, 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. , MRO Software. "The robust planning capabilities of MAXIMO(R) Extended Enterprise(TM), combined with the transaction and execution capabilities of MRO Services on TradeMatrix Open Commerce Network, allows plant floor buyers and suppliers to create substantial value through planning and collaboration." TradeMatrix OCN MRO Services intend to enable distributors to become quickly and affordably e-commerce enabled, while helping them maintain their established brands and specific customer relationships. With MRO Services, the distributors create one catalog and connect to one system to process orders - either with self-service applications A software application that allows a user to obtain information or complete a business transaction on the computer that has traditionally required the help of a human representative. Voice response systems and Web sites are widely used for self-service applications. See kiosk. or with integration to their business system - and have one solution to connect to many types of buyers and systems. MRO Services are designed to help distributors streamline the efficiency of their order processing by reducing order errors, empowering customers to check availability and order status with self-service applications, and improving communication through the supply chain to better plan for demand and manage inventory. The TradeMatrix OCN MRO Services allow distributors to receive orders directly from customers using a variety of procurement and plant maintenance systems, including MAXIMO(R), MRO Software's industry leading industrial supply chain planning and maintenance optimization software Free and Open Source software
"Most e-commerce solutions focus on making business easier for buyers, while distributors receive little value from participating. However MRO Services on the TradeMatrix Open Commerce Network make global e-commerce benefits available to all participants in the supply chain," said Tom Cooper 81.98.131.78 21:46, 18 October 2007 (UTC) Tom Cooper (born April 9 1904, died June 25 1940) was an England international footballer who played for Derby and Liverpool. Life and playing career , executive vice president, i2. "With MRO Services, distributors can expand their markets by reaching new buyers and publishing their catalogs to a larger audience. Meanwhile, distributors increase efficiencies as they serve their existing and new customers." Global enterprises ("buy-side") that purchase MRO goods and services In economics, economic output is divided into physical goods and intangible services. Consumption of goods and services is assumed to produce utility (unless the "good" is a "bad"). It is often used when referring to a Goods and Services Tax. can now use TradeMatrix OCN MRO Services for easy access to distributor catalogs and fulfillment, directly from their procurement systems. To extend buy-side value even further, i2 will now offer MRO Software's MAXIMO Buyer(TM), which will be integrated with the i2 Supplier Relationship Management (SRM (1) (Storage Resource Management) The management of the storage resources in an organization in order to avoid duplication of files and to determine space utilization across all servers. ) procurement solution, to satisfy the rigorous requirements of plant maintenance procurement. MRO Services on the i2 TradeMatrix Open Commerce Network and MAXIMO Buyer are immediately available. About MRO Software, Inc. MRO Software, Inc. is the leading provider of solutions for maintenance optimization, industrial supply chain planning and supplier enablement. MAXIMO(R), the Company's demand-side product, is deployed at over 8,000 businesses, government agencies, and other organizations to assist them in managing asset and resource productivity. These capabilities, which include business rules with maintenance best practices, tight integration with various business systems, and the ability to effectively address both low cost and complex procurement needs, are critical success factors for plants and facilities whose overall competitiveness are tied to efficiencies and productivity that can be realized across the entire industrial supply chain. MRO Software complements its MAXIMO work and 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, software with its supply-side suite of hosted solutions that provide enabling 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 technology and content services to manufacturers and distributors of industrial parts and equipment. Based in Bedford, Mass. with over 1,000 employees, MRO Software markets its products through a direct sales force with sales offices throughout the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. , Argentina, Australia, Brazil, Canada, China, France, Germany, Hong Kong Hong Kong (hŏng kŏng), Mandarin Xianggang, special administrative region of China, formerly a British crown colony (2005 est. pop. 6,899,000), land area 422 sq mi (1,092 sq km), adjacent to Guangdong prov. , India, Italy, Mexico, the Netherlands, Singapore, Sweden, Thailand, and the United Kingdom, combined with a network of international distributors. All MRO Software news releases are available via the MRO Software Home Page at http://www.mro.com. MAXIMO is a registered trademark and MRO Software, mroDistributor, mroManufacturer, and mroConnect are trademarks of MRO Software, Inc. MRO Software Cautionary Language This press release contains statements concerning future events and MRO Software's future performance, which are 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 and Section 21E of the Securities Exchange Act of 1934. MRO Software's actual results could differ materially from those set forth in the forward-looking statements. Factors which might cause such differences include, without limitation: possible delays in product development and product roll-out, difficulties in gaining market acceptance of integrated products, difficulties in integrating and coordinating MRO Software's products and sales efforts with the products and sales efforts of i2, the emergence of competitive alliances among other companies, and those factors discussed in the Section entitled "Factors Affecting Future Performance" in our most recent 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. as filed with the SEC. About i2 i2 is creating real value for its global e-business customers through its i2 TradeMatrix Solutions(TM), content, and marketplace platform. i2 TradeMatrix allows businesses to create both private and public marketplaces, while improving the efficiencies of all participants. i2 provides a wide variety of collaborative e-business services for both the early stages and next generation of e-business adoption, with each service supported by decision optimization, transaction management and content management solutions. Founded in 1988, i2's mission is to deliver $75 billion in value to its customers by 2005. i2 is headquartered in Dallas, has more than 5,900 employees and maintains offices worldwide. Visit i2's Web site at http://www.i2.com. i2 is a registered trademark of i2 Technologies, Inc. i2 TradeMatrix, i2 TradeMatrix Solutions, TradeMatrix Open Commerce Network, and the i2 logo design are trademarks of i2 Technologies, Inc. i2 Cautionary Language This press release contains forward-looking statements including statements regarding customers' ability to achieve benefits associated with i2's products and solutions. These forward looking statements involve risks and uncertainties, including market demand for our products, the pace of IT spending, management decisions and general economic conditions. For a discussion of factors, which could impact i2's financial results and cause actual results to differ materially from those in forward-looking statements, please refer to i2's recent filings with the SEC, particularly the Form 10-K filed March 29, 2001 and the Form 10-Q Form 10-Q See 10-Q. filed May 4, 2001. i2 assumes no obligation to update the forward-looking information contained in this news release. |
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