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

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To: bob zagorin who wrote (475)1/19/2000 2:00:00 PM
From: bob zagorin  Read Replies (1) of 583
 
Diamond of California Makes Strategic Technology Investment With Purchase Of J.D. Edwards Software

World's Largest Walnut Producer and Processor Selects OneWorld Software For Its Agility and Ease of Use; Company to Focus on Business Growth Rather

Than IT Burden

DENVER, Jan. 19 /PRNewswire/ -- J.D. Edwards & Company (Nasdaq: JDEC), a leading supplier of agile E-Business software solutions, today announced that Diamond of California, the world's largest walnut producer and processor, has purchased J.D. Edwards' OneWorld(TM) solution for implementation in its three North American plants. Diamond will replace its legacy software systems with J.D. Edwards' OneWorld to integrate all corporate planning, production and financial data into one system, enabling Diamond to generate accurate reports quickly and easily. By providing a flexible IT infrastructure, OneWorld enables Diamond to prepare for corporate expansion and allows the company to aggressively pursue new market opportunities for its full line of culinary nuts.

"Our selection of J.D. Edwards was a very future-oriented decision. Not only are we taking control of our business data today, we are also leveraging the industry's most advanced and adaptable software to accommodate emerging business opportunities, new technologies, or opportunities in the next millennium," said Michael Mendes, president and CEO at Diamond. "J.D. Edwards understands that companies like Diamond want systems that are less of an IT burden, freeing us to focus on our core business competency: performing as the world leader in culinary and inshell nuts -- not writing code and extracting data."

Diamond purchased J.D. Edwards' financials, sales and distribution software for implementation in its North American plan|ely 200 trading partners in more than 30 countries. More information about Diamond's OneWorld implementation can be found on the Diamond of California fact sheet at www.jdedwards.com/newsroom/headlinenews.asp. Additional product and corporate information about Diamond can be found at www.diamondofcalifornia.com.

About J.D. Edwards

J.D. Edwards provides Idea to Action(TM) software for managing the enterprise and supply chain. Founded in 1977, J.D. Edwards is headquartered in Denver and posted fiscal 1999 revenues of $944.2 million. Additional information can be obtained by contacting the Company at 800-727-5333 or via the Internet at www.jdedwards.com.

NOTE: J.D. Edwards is a registered trademark of J.D. Edwards & Company. OneWorld and Configurable Network Computing are trademarks of J.D. Edwards World Source Company. All other product names and companies referenced herein are trademarks or registered trademarks of their respective owners. The historical results stated above are not necessarily indicative of the results of any future period.

SOURCE J.D. Edwards & Company

CO: J.D. Edwards & Company; Diamond of California

ST: Alabama, Colorado, Illinois

IN: CPR FOD MLM

SU:

01/19/2000 13:53 EST prnewswire.com
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