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Technology Stocks : Industri-Matematik Intl (IMIC)

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To: bazan who wrote ()6/19/2000 11:38:00 AM
From: bob zagorin   of 349
 
Industri-Matematik Partners With Emerald Solutions to Deliver End-to-End e-Business Applications

MT. LAUREL, N.J.--(BUSINESS WIRE)--June 19, 2000-- Industri-Matematik International Corp. (NASDAQ:IMIC) and Emerald Solutions Inc., a leading provider of e-business professional services, today announced a strategic partnership to deliver complete web customer service and fulfillment solutions designed for B2B and B2C Internet businesses. The solutions are designed for fast implementation - in as little as four to eight weeks - and support high-speed fulfillment of e-business orders and world-class customer service.

Industri-Matematik provides the first application that integrates eCRM and eFulfillment capabilities - preconfigured specifically for dot.com merchants. It is built for rapid deployment while also offering e-businesses robust scalability to accommodate their fast growth and increasing logistics and service demands.

Emerald Solutions delivers end-to-end e-business solutions by providing expertise in digital strategy, interactive design and technology solutions. Emerald will provide the consulting and implementation services needed to integrate Industri-Matematik software with a complete customer interaction solution. In addition, the companies will conduct joint marketing and sales activities and Emerald will invest in education and training resources for Industri-Matematik solutions.

"Industri-Matematik solutions are designed for fast implementation and scale to support e-business growth," said Dan Allworth, vice president, Emerald Solutions. "Our alliance with Industri-Matematik broadens our capabilities in back-end fulfillment and service solutions, and further enables us to offer our customers the most appropriate e-fulfillment solution."

According to Orjan Grinndal, vice president of marketing at Industri-Matematik, "Our alliance with Emerald Solutions provides us with proven end-to-end e-business consulting and implementation expertise. It will sharpen our fit into overall e-commerce solutions - including linking web front-ends with strategic customer service and fulfillment capabilities."

Industri-Matematik's eCRM/eFulfillment application manages all the strategic activities involved in revenue generation and customer interaction - marketing automation, sales management, order capture, global fulfillment and service management - in one integrated, modular solution. The eCRM software supports the entire lifecycle of Web customer interactions, including marketing and sales automation and contact center operations. It is integrated with eFulfillment capabilities, enabling companies to process high order volumes rapidly and manage complex global logistics.

The Industri-Matematik dot.com application is licensed using a transaction-pricing model, enabling fast return-on-investment for customers and a recurring revenue stream for Industri-Matematik.

About Emerald Solutions

Emerald Solutions is an e-business services company that designs and builds Internet-based business solutions by integrating digital business strategy with both emerging and existing information technologies. Emerald Solutions helps its clients to create entirely new e-businesses or to expand and improve their existing e-business activities. Emerald Solutions enables its clients to use the Internet to enhance relationships with their customers and business partners, improve the efficiency of their operations and create new revenue opportunities.

Emerald's client base includes AT&T, Lucent, Boeing, Wells Fargo Bank, Warner-Lambert/Parke-Davis, Pfizer, Consolidated Freightways, PGE, Emery Worldwide, Benjamin Moore, and Hawaiian Airlines. The company is headquartered in Portland, Ore., and has offices in Bellevue, Wash.; Warren, N.J.; Vienna, Va.; Dallas, Texas; Birmingham, Ala.; Denver, Colo.; Walnut Creek, Calif.; Phoenix, Ariz.; and Atlanta, Ga. Call 503-276-2900 for more information or visit the Emerald Solutions web site at www.emeraldsolutions.com.

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 speed the movement of goods through the supply chain. Customers include market-leading companies such as British Airways, Carlton & United Breweries, Ericsson, FedEx Corp., Starbucks and Warner/Elektra/Atlantic as well as B2B and B2C e-commerce companies, including CoShopper.com, Electronic Business Partners (EBP), FULLeCOM and Yellowrent.com.

The statements contained in this release that are not historical facts may contain forward-looking information with respect to plans, projections or future performance of Industri-Matematik International Corp., the occurrence of which involve certain risks and uncertainties, including, but not limited to product demand and market acceptance risks, 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 1999.

CONTACT:

Industri-Matematik

Tim Walsh

(856) 793-4438

tiwa@im.se

or

Industri-Matematik Investor Relations

John Heilshorn

Lippert/Heilshorn & Associates

(212) 838-3777

john@lhai.com

or

Emerald Solutions

Angie Platt

(503) 276-2900

angie-platt@emeraldsolutions.com

or

Industri-Matematik Public Relations

Albie Jarvis or Dan Mees

Porter Novelli Convergence Group

(617) 450-4300

dan.mees@pnicg.com
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