EXE Technologies Announces Second Facility Go Live for Wizards of the Coast
With EXceedTM, Wizards to Improve Order Turn Times —Helping Meet the Demand of Game Enthusiasts
Dallas, Texas—October 8, 2001 – EXE Technologies, Inc. (NASDAQ: EXEE), a leading supply chain execution solutions provider, announced today the second successful implementation of ExceedTM at Wizards of the Coast, the worldwide leading distributor of trading card game and tabletop role-playing games such as Dungeons & Dragons, Magic: The Gathering® TCGs, Pokéman and the just released Harry PotterTM. The Grand Prairie, TX distribution center, which manages fulfillment for the company’s 96 U.S. retail outlets, went live in March 2001 and expects to increase inventory accuracy, improve customer service and eliminate manual processes in the areas of replenishment and order picking.
Wizards chose the EXceed solution for its highly reliable picking, packing, shipping and replenishment capabilities. Also, EXceed has demonstrated its ability to help the company improve order turn times and inventory accuracy. As a result of the first implementation, Wizards is experiencing greater than 99 percent inventory accuracy in the distribution center, which manages fulfillment for more than 400 wholesale customers.
“With 220,000 total square feet to manage, we want to run like a fine-tuned machine,” stated Craig Jones, Logistics Manager, Wizards of the Coast. “We looked to EXE for a best-of-breed solution that would improve our customer service as well as create inventory accuracy. Our goal is to reduce the number of inventory counts we conduct each year. With EXceed, we believe we can do that.”
"Businesses seeking increased efficiencies throughout the extended supply chain will continue to turn to EXE," said Ken Powell, chief operating officer, EXE Technologies. "We’re committed to continuously enhance the functionality of our solutions so that we can extend relationships with customers like Wizards of the Coast."
About Wizards of the Coast
Wizards of the Coast Inc., a subsidiary of Hasbro Inc. (NYSE:HAS), is the worldwide market share leader in the trading card game and tabletop role-playing game categories. A leading developer and publisher of game-based entertainment products, as well as the owner and operator of one of the nation`s largest specialty game retail chains, the company holds an exclusive patent on the play mechanic of TCGs and produces the world`s best-selling Pokémon and Magic: The Gathering® TCGs. Headquartered near Seattle, Washington, Wizards of the Coast has international offices in Antwerp, Paris, Milan, London, Beijing and Sydney. For more information on Wizards of the Coast, visit the company`s website and electronic retail store at wizards.com.
About EXE Technologies, Inc.
EXE Technologies, Inc. (NASDAQ: EXEE) is a leading provider of fulfillment, warehousing and distribution software for e-commerce and traditional distribution channels. EXE`s software allows companies to use the Internet and traditional communication methods to efficiently manage and control the flow of inventory throughout the supply chain. Companies use EXE`s software to reduce distribution costs and increase customer loyalty and satisfaction. EXE provides global service and support for its software from established facilities 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.
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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 of 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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