J.D. Edwards Expands Its 10-Year Relationship With Wal-Mart Stores Inc.
J.D. Edwards & Co.
Sherrie Lotito, 303/334-7408
sherrie_lotito@jdedwards.com
or
Fleishman-Hillard
Samantha Edwards, 202/828-9754
edwardss@fleishman.com
Retailer Purchases Integrated Real Estate Management Software and Other Solutions from the J.D. Edwards 5 Family of Collaborative Products for Its Real Estate, Construction and Asset Management Needs
DENVER, December 3, 2002— J.D. Edwards & Company (Nasdaq: JDEC) has been chosen by Wal-Mart Stores Inc. (NYSE: WMT) for additional enterprise software solutions and services. Wal-Mart will implement Real Estate Job Cost and Enterprise Asset Management (EAM) and other solutions from J.D. Edwards’ newest collaborative offering, J.D. Edwards 5. The company also will use J.D. Edwards Consulting Services to create business solution templates that can be deployed rapidly company wide. These integrated solutions will assist Wal-Mart in its real estate, construction and asset management decision-making.
Since 1995, Wal-Mart has strived to maximize its investment and partnership with J.D. Edwards worldwide. Wal-Mart has implemented J.D. Edwards modules in the United States, Puerto Rico, Mexico, Germany, the United Kingdom and China.
This year, Wal-Mart decided to standardize on J.D. Edwards globally for Real Estate Management, EAM and International Fixed Assets. Because of the scope of the next stage of implementation, Wal-Mart has moved to an unlimited enterprise-wide agreement that also gives the company access to J.D. Edwards EAM and Business Intelligence applications, including Contact Center, Web-Based Training, Content Management and Self-Service.
"Wal-Mart has one the most extensive real estate management operations in the world -- encompassing more than 5,000 stores, units and distribution centers," said J.D. Edwards Chairman, President and CEO Bob Dutkowsky. "J.D. Edwards 5 will help Wal-Mart track and manage construction and operations of its current and future stores and distribution centers around the world."
Wal-Mart licensed J.D. Edwards 5 software in August 2002, and will run its solution on an IBM platform with DB2® and deploy it globally via the Web.
About Wal-Mart Stores, Inc.
With annual sales of $218 billion, Wal-Mart Stores, Inc. has 1,567 Wal-Mart stores, 1,243 Supercenters, 522 SAM’S CLUBS and 39 Neighborhood Markets in the United States. Internationally, the Company operates units in Argentina (11), Brazil (22), Canada (201), China (22), Germany (95), Korea (14), Mexico (587), Puerto Rico (19) and United Kingdom (256).
Wal-Mart also owns a 6.1% interest in Seiyu, Ltd. with options to purchase up to 66.7% of that company. Seiyu operates over 400 stores located throughout Japan.
Wal-Mart employs more than 1 million associates in the United States and more than 300,000 internationally. Its securities are listed on the New York and Pacific stock exchanges under the symbol WMT.
About J.D. Edwards & Company
J.D. Edwards (Nasdaq: JDEC) makes customers stronger, enabling them to solve their most important business challenges. The company offers collaborative enterprise software as well as consulting, education and support services. J.D. Edwards’ offerings are differentiated by a deeply ingrained attitude of listening to customers, innovating on their behalf, and delivering solutions as part of a results-oriented relationship. Founded in 1977 and headquartered in Denver, J.D. Edwards focuses on long-term business partnerships and helping its 6,500 customers in more than 110 countries collaborate electronically to manage their business processes, supply chains, and supplier and customer relationships. For more information: www.jdedwards.com or 1-800-727-5333.
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Copyright © J.D. Edwards World Source Company, 2002. J.D. Edwards is a registered trademark of J.D. Edwards & Company. The names of all other products and services of J.D. Edwards used herein are trademarks or registered trademarks of J.D. Edwards World Source Company. All other product names used herein are trademarks or registered trademarks of their respective owners.
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