For
Immediate Release
Industri-Matematik Announces Support for Open
Applications Group Standard
Industri-Matematik Supply Chain and Customer Service Software Leverages XML Standards to Connect with Web and Legacy Business Applications Mt. Laurel, N.J. – February 26, 2001 – Industri-Matematik International Corp. (NASDAQ: IMIC) today announced that it has joined the Open Applications Group, Inc. and that it’s VivaldiTM software supports the Open Applications Group Interface Specification (OAGIS). By incorporating OAGIS, Industri-Matematik applications provide integration of supply chain and customer service capabilities to web-based trading communities, digital marketplaces and legacy applications such as enterprise resource planning (ERP). “Industri-Matematik is a true innovator in leveraging Internet technologies to make it easier for companies to work together in their logistics and customer service operations,” said David Connelly, president and CEO of the Open Applications Group, Inc. “We are pleased that Industri-Matematik has joined the Open Applications Group and recognize Industri-Matematik as a leader in fostering supply chain visibility and collaboration.” The business process-based OAGIS specification contains the largest set of Extensible Markup Language (XML) Document Type Definition (DTD) files in the world and simplifies the connection of disparate e-business, supply chain, customer relationship management (CRM), ERP and financials applications. Leveraging an Internet-based, object-oriented design, Industri-Matematik applications can be integrated easily with legacy applications, web sales systems, and private and public trading communities. “Industri-Matematik is committed to helping companies break away from the constraints of conventional, stovepipe systems that duplicate processes and do not manage events in real time,” said John Geraci, chief operating officer at Industri-Matematik. “Our OAGi support will help us provide a new way to share supply chain information throughout a trading community. This improved visibility will enable companies to respond to supply chain events quickly and deliver products on time.” Industri-Matematik
VIVALDI software provides CRM, fulfillment, replenishment and supply chain event
management capabilities for retail, wholesale/distribution, logistics service
providers and manufacturing companies. VIVALDI offers total visibility of
e-business transactions across a trading community to manage high-volume
fulfillment with increased reliability and velocity. It integrates contact
center and logistics operations to provide customers and suppliers with
real-time web access to all aspects of orders across the supply chain. About
Industri-Matematik Industri-Matematik International Corp. (www.im.se) provides high-performance fulfillment and customer service software solutions for B2B and B2C e-commerce. Its applications help companies achieve a Zero Inventory/100 Percent Visibility business model by replacing inventory with information to improve collaboration among a trading community and speed the movement of goods across a supply chain. Customers include market-leading companies such as British Airways, Canadian Tire, Carlton & United Breweries, Ericsson, FedEx Corp., Starbucks and Warner/Elektra/Atlantic.
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# # “VIVALDI”
is a trademark of Industri-Matematik International Corp. Other product and
company names may be the trademarks of their respective owners.
The statements contained in
this release that are not historical facts contain forward-looking information
with respect to plans, projections or future performance of Industri-Matematik
and further versions of its software products, the achievements of which involve
certain risks and uncertainties, including, but not limited to, product demand
and market acceptance risks, the effect of economic conditions particularly in
its target markets, the impact of competitive products and pricing, product
development, commercialization and technological difficulties and other
uncertainties detailed in Industri-Matematik’s filings with the Securities and
Exchange Commission, particularly its Annual Report on Form 10-K filed in July
2000.
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