EVANT UNVEILS ADVANCED REPLENISHMENT

Latest Solution continues to lead the way in advanced functionality and improved productivity.

New functionality includes Capacity Constrained Ordering, Inventory Layering, Push Allocation, Notes, Filter and Search Capabilities, As Well As LDAP Support.

San Francisco and Retail Systems Conference and Expo–May 24, 2005 – Evant today announced the release of Evant Replenishment 5.0, a leading Java-based demand forecasting and replenishment solution for multichannel retailers, wholesalers, and distributors.

While the new release includes enhanced functionality for capacity constrained ordering and forecast exception management, Evant Replenishment 5.0 has made its greatest strides in the area of usability. “At Evant, we pride ourselves on the unparalleled commitment to the end user by ensuring that our solutions provide the latest tools and are also the most usable in the industry,” said Mike Matacunas, Vice President of Product Strategy and Marketing with Evant. “In developing the latest release of Evant Replenishment, we worked with our customers to determine what functionality would improve productivity and take advantage of our advanced functionality, science and technology.”

Evant Replenishment 5.0 empowers software users to improve communication, enhance productivity, and streamline the replenishment process with features, including:

-- Capacity Constrained Ordering – Evant Replenishment now offers advanced simulation-based tools that ensure expected daily receipts does not exceed your ability to receive and put-away goods. This capability is extremely valuable for managing peak-season buying into stores while smoothing out labor requirements and deliveries into the distribution center.

-- Push Allocations – End of season “push”, excess inventory redistributions and new product introductions just got easier with Evant’s newest allocation capabilities. Easily simulate inventory allocations at several levels before finalizing and approving these transfer orders.

-- Inventory Layering – Users can now view over 20 distinct “layers” of inventory online at several levels of aggregation including: location, item, supplier, buyer and SKU/location. Seamless drill-down navigation is provided to quickly analyze problem areas all the way back to the PO the inventory was purchased on.

-- Expanded Service Level Options – Using Evant’s Multi-Echelon capabilities, users now have the flexibility to set different service level objectives for each distribution channel.

-- Model Sets – Plan-o-grams can be uploaded directly from the desktop, allowing VMI users to better manage changing planograms and better manage orders for customer locations.

-- A New Messaging System – Users can now create any number of notes at various levels, posting them within the user interface directly, while opting to attaching them to purchase orders. Templates can be created for frequently used notes, and users are also able to control privacy and priority settings.

-- Foreign Language Capabilities –Evant Replenishment is now available for French and Italian users, with Spanish and German planned for a future delivery.

-- Enhanced Order Management and Order Building – Users are alerted to unusual situations with new order exceptions, and they are now able to approve large numbers of orders in batch mode.

-- LDAP Server Support – User account and password information that has been centralized for use with other systems can now be referenced directly by Evant Replenishment, simplifying management of user authentication for systems administrators.

As of the first quarter of 2005, Evant Replenishment manages an estimated $31 billion in inventory for retailers, wholesalers, and distributors across more than 15,000 stores and 350 distribution centers around the world, delivering a combined $3.5 billion in inventory reductions for these companies.

About Evant, Inc.
Evant is leading the world’s top multi-channel retailers, wholesalers, and distributors into the new technological age by providing planning, replenishment, and enterprise management solutions that free up millions of dollars in working capital and enable greater competitive advantage. Clients such as Staples, O’Reilly Auto Parts, Lillian Vernon, babystyle, Camping World, and Alliance Unichem choose Evant for its best-of-breed solutions that are based on the industry’s most advanced science, delivered on the IBM iSeries and J2EE platforms. The company is privately held and is headquartered in San Francisco, with operations in Atlanta and London. www.evant.com

Media Contact:
Holly Glennon
Evant
770-222-1507
holly.glennon@evant.com