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Gold/Mining/Energy : TigrSoft - SOF.TSE

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To: Sudeep Naidoo who wrote (39)8/3/1999 12:55:00 PM
From: Sudeep Naidoo  Read Replies (1) of 44
 
TigrSoft wins Cla-Val account

TigrSoft Inc TGF
Shares issued 22,010,000 Jul 30 close $0.385
Tue 3 Aug 99 News Release
Mr. Dilip Kembhavi reports
Cla-Val Co., a valve manufacturer, has entered into an agreement to
purchase and install TigrAPS, TigrSoft's advanced planning and scheduling
system for its make to stock and engineer to order plant and as a
prescription for the shortcomings of its current MRP II system in
Cherritos, Calif.
"We built our reputation on the ability to address highly complex planning
and scheduling problems which were considered virtually unsolvable by many
software vendors in the market," commented Dilip Kembhavi, president and
chief operating officer of TigrSoft. "Our success in demonstrating the
suitability of our software for the requirements of Cla-Val's management
aptly illustrates the robust nature of our best of breed solution," he
added.
Under the agreement, Cla-Val purchased a licence for TigrSoft's supply
chain solution software for its Cherritos valve manufacturing plant.
Implementation services are scheduled to begin Aug. 16, 1999.
"Following our tried and tested rapid implementation methodology the
implementation is targeted for completion and live production by the end of
October 1999," continued Mr. Kembhavi. "Cla-Val plans to join the growing
number of manufacturers who plan to disable the manufacturing module in
their current ERP/MRP II software once TigrAPS is fully functional," he
added.
TigrAPS incorporates a practical blend of heuristics, mathematical
algorithms and artificial intelligence techniques to generate production
schedules that are not only near optimal but also practical and
implementable.
(c) Copyright 1999 Canjex Publishing Ltd. canada-stockwatch.com
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