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Technology Stocks : J.D. Edwards debut! (JDEC)

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To: bob zagorin who wrote (455)11/8/1999 10:26:00 AM
From: bob zagorin  Read Replies (1) of 583
 
J.D. Edwards, AristaSoft Optimize OneWorld for High-Tech Equipment Companies

First Live High-Tech Implementation Reinforces Competitive Advantage

Of Vertical Market Knowledge

DENVER, Nov. 8 /PRNewswire/ -- J.D. Edwards & Company (Nasdaq: JDEC), a leader of agile software solutions for E-Business, and AristaSoft Corporation, a leading Industry-focused Application Service Provider (I-ASP), today announced that Turnstone Systems, Inc. is the first live high-tech equipment company to implement J.D. Edwards' OneWorld(TM) enterprise software in an outsourced environment.

AristaSoft and J.D. Edwards joined forces this spring to deliver outsourced, full-service enterprise software solutions that empower fast-growth high-tech equipment companies to compete effectively against larger enterprises. Mountain View, Calif.-based Turnstone provides its Copper CrossConnect family of products to DSL service providers for managing copper local loop facilities. Turnstone elected to outsource its enterprise e-business technologies, allowing them to focus on core business operations.

"We were outgrowing our PC-based manufacturing and financial systems and needed to replace them with an enterprise solution," said Rick Tinsley, Turnstone's president and CEO. "AristaSoft's enterprise software offering and comprehensive IT services provides us with the internal resources of a Fortune 100 company. We chose AristaSoft because of their scalability, industry focus and partnerships with top-tier partners, like J.D. Edwards."

"Start-up companies often don't have the financial or IT resources to quickly implement enterprise-class solutions that are flexible and can adapt to their explosive growth needs," said Drew Hoffman, AristaSoft president and CEO. "AristaSoft, working with J.D. Edwards, solves this problem by enabling fast-growing businesses to outsource key applications and their associated IT services on a subscription basis."

AristaSoft's enterprise software solution is based on J.D. Edwards' OneWorld enterprise software. OneWorld's flexible architecture gives customers control over manufacturing, logistics/distribution, human resources/payroll and finances. The I-ASP chose to first offer a customizable solution for high-tech equipment providers because e-business is already a reality for this market.

"Today, time to market defines the winner. By focusing on specific industry needs, AristaSoft and J.D. Edwards are able to rapidly deploy enterprise solutions for fast-growth high-tech equipment providers," added Gayle Sheppard, vice president of outsourcing at J.D. Edwards. "Our partnership gives customers the flexibility they need to compete effectively in fast-changing business environments. We turn their ideas into action -- a key competitive differentiator."

About AristaSoft Corporation

AristaSoft is a leading Industry-focused Application Service Provider (I-ASP), providing full-service subscription-based solutions to specific vertical markets, enabling emerging companies to compete quickly and effectively against large enterprises. The company functions as each customer's IT department, providing the networking, hardware and application infrastructures necessary to implement enterprise solutions. AristaSoft's first target market is the high-tech equipment industry. The privately held company operates from two locations worldwide: Mountain View, Calif., and Hyderabad, India. To find out more about AristaSoft, visit www.aristasoft.com or contact the company at 650-318-9800.

About J.D. Edwards

J.D. Edwards provides Idea to Action(TM) software for managing the virtual enterprise and supply chain. The Company's integrated applications deliver agile E-Business solutions that give customers control over their front office, manufacturing, supply chain, logistics/distribution, human resources and finance processes for the consumer products, industrial and services industries. J.D. Edwards enables Idea to Action with ActivEra(TM), a collection of tools and technologies that extend J.D. Edwards' OneWorld(TM) and WorldSoftware(TM) enterprise business software and its Numetrix supply chain planning solutions. ActivEra allows customers to change their software quickly and easily during and after implementation. The Company's solutions operate in multiple computing environments, including Windows NT(R), UNIX(R) and OS/400(R), and are Java(TM) and HTML enabled.

Founded in 1977, J.D. Edwards is headquartered in Denver and posted fiscal 1998 revenues of $934 million. Additional information can be obtained by contacting the Company at 800-727-5333, in Canada at 416-979-7700, or via the Internet at www.jdedwards.com.

NOTE: J.D. Edwards is a registered trademark of J.D. Edwards & Company. Numetrix/3 and Numetrix/xtr@ are trademarks of J.D. Edwards Company. The names of all other product and services of J.D. Edwards used herein are trademarks and registered trademarks of J.D. Edwards World Source Company. The historical results stated above are not necessarily indicative of the results of any future period. AristaSoft and the AristaSoft logo are trademarks of AristaSoft Corporation. All other product names used herein are trademarks or registered trademarks of their respective owners.

SOURCE J.D. Edwards & Company

CO: J.D Edwards & Company; AristaSoft Corporation; Turnstone Systems, Inc.

ST: Colorado, California

IN: CPR

SU: JVN

11/08/1999 08:30 EST prnewswire.com
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