EXE "RAISES THE BAR" IN SUPPLY CHAIN EXECUTION
EXE Technologies Fields a Three-Suite Product Family, Drives a New Supply Chain Execution Era
DALLAS, Texas – March 18, 2002 – The global leader in supply chain execution (SCE) software, EXE Technologies, Inc. (NASDAQ: EXEE) today announced the completion of its EXceed™ product family offering, fulfilling the promise to provide an integrated set of quickly-deployable value-creating SCE solutions. Eagerly anticipated, EXE`s three-suite family is the first to provide the whole solutions needed by enterprises to succeed in their industries in today`s dynamic supply chain execution market, and its future evolution into supply network execution.
EXE now offers three distinct product suites – addressing the four key areas of supply chain execution – making EXE uniquely qualified to enable competitive advantage for its customers in supply chain execution. This integrated solution set delivers tangible results so that customers can maximize their operational efficiency and increase their profitability
Decision Support - EXceed AIM Suite: Demand forecasting, replenishment planning, order sizing, product allocation and sourcing.
Execution - EXceed Fulfill Suite: Order allocation and routing, warehouse management, transportation management, global trade management and activity management. (See today`s separate announcement on EXceed Fulfill Suite customer Meiko America.)
Collaboration - EXceed Collaborate Suite: Trading partner personalization, supplier process enablement, carrier compliance and communication, global inventory visibility, supply chain event management and quality management. (See today`s separate announcements on the EXceed Collaborate Suite and seven EXceed Portals customers.)
Optimization – Entire EXceed product family: Business intelligence, execution optimization, labor optimization, cost optimization and facility optimization.
"Together, the EXceed family of products can handle all aspects of supply chain execution including sophisticated warehouse management and fulfillment center operations," said Ken Powell, president and COO of EXE Technologies. "EXceed also bridges the gap between planning and execution with products that guide planning and replenishment activities, and provide collaborative visibility, quality monitoring, control and execution, within a business and outside it. EXE is the only supply chain execution vendor with this complete set of solutions."
The supply chain model is evolving. It is no longer a simple chain – it is becoming a networked matrix that extends beyond the enterprise and out to multiple layers of trading partners. EXE Technologies has been at the forefront of SCE for over 20 years and has delivered multiple generations of proven implementations of supply chain execution solutions. Now, with the completion of the EXceed product family, EXE is delivering evolutionary supply network execution solutions as well.
About EXE Technologies, Inc.
EXE Technologies, Inc. (NASDAQ: EXEE) is a leading provider of supply chain execution software solutions that deliver the vital, frontline supply chain intelligence to drive customer execution decisions and processes. EXE`s products and services help customers worldwide reduce inventory and operational costs while increasing customer loyalty and satisfaction. The company provides global service and support from offices located in North America, Europe, the Middle East, Asia, and Australia. For more information about EXE Technologies, Inc., call (214) 775-6000 or visit www.exe.com.
EXE Technologies, EXE and EXceed are trademarks, registered trademarks or service marks of EXE Technologies, Inc. in the United States and/or other countries. All other trademarks or service marks contained herein are the properties of their respective owners.
Statements contained in this press release that are not historical facts may be forward-looking statements, as the term is defined in the Private Litigation Reform Act of 1995. In some cases, you can identify forward-looking statements by terminology such as "anticipate", "estimate", "expect", "project", "intend", "plan", "believe" and other words and terms of similar meaning in connection with any discussion of future operating or financial performance. Many factors, including the risks outlined from time to time in the documents filed by EXE with the Securities and Exchange Commission, will be important in determining future results. The forward-looking statements contained in this press release include, among other things, statements relating to the capabilities of EXE`s software, EXE`s ability to implement its software and customers` ability to realize certain results from the implementation of EXE`s software. Any and all forward-looking statements can be affected by inaccurate assumptions or by known or unknown risks and uncertainties, including, among other things, the length and complexity of the implementation cycle for EXceed software, which may result in delays and/or customer dissatisfaction. Actual future results may vary materially.
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