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Technology Stocks : ROSS SYSTEMS a turnaround?

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To: Jim Malone who wrote ()6/19/2000 11:36:00 AM
From: bob zagorin   of 3067
 
Ross Systems Enables 1000th User with iRenaissance.portal; Customers Enjoy Internet-Enabled Enterprise Applications

ATLANTA, June 16 /PRNewswire/ -- Ross Systems (Nasdaq: ROSS), a leading supplier of end-to-end enterprise management and e-business solutions for the process manufacturing, healthcare, and public sector markets today announced that more than 1000 users are accessing the iRenaissance enterprise transaction system from Ross. Through iRenaissance.portal, customers have a browser style Internet client for accessing 100% of the functionality in the iRenaissance system including financials, fulfillment, manufacturing, maintenance, transportation, advanced planning, human resources and payroll. Companies with iRenaissance.portal client can also deploy the iRenaissance.thinX html-based client for use with industry standard browsers like Microsoft Internet Explorer or Netscape Navigator.

"We see iRenaissance.portal and iRenaissance.thinX as the first stage of leveraging the Internet for our customers," said Eric Musser, Vice President of Development for Ross. "The cost of maintaining software on every desk in the enterprise can be greatly reduced or eliminated. Additionally, using the Internet simplifies connecting remote locations or telecommuters. Each of our customers with iRenaissance.portal have addressed their inward facing applications and are perfectly positioned to embrace our outward facing Resynt e-business products for the next evolution to an Internet connected world."

The following companies are using iRenaissance.portal and iRenaissance.thinX: Berner Cheese, Dicar, Inc., Eisenhart Wallcoverings, First American Resources Corporation, Haartz Corporation, Hanwa American Corporation, The Home Office, Jefferson Parish Sheriff's Office, Liberty Steel Products, Metropolitan Washington Airports, S.E.H. America, Inc., Suprema Specialities, Torrecid, SA, Tube City, University Medical Center, Vitasoy International Holdings, Vitaquest International, and Wedtech, Inc.

About Ross Systems

Ross Systems, Inc. provides a family of solutions including our award winning iRenaissance, Internet-enabled, enterprise management applications and our Resynt e-business solutions for the process manufacturing, healthcare, and public sector markets. The Resynt eBusiness product family includes digital market place applications spanning procurement, sales, Internet trading exchange connectivity, collaboration and employee productivity. iRenaissance comprises a broad range of applications including financials, manufacturing, advanced planning, supply chain management, maintenance management, transportation management, materials management, and human resources/payroll. More than 3400 companies around the world use Ross Systems solutions in open systems environments including NT and UNIX. Ross Systems has more than 60 offices around the world to serve its customers. Ross Systems, Inc, Two Concourse Parkway, Suite 800, Atlanta, Georgia 30328, 770-351-9600, 1-877-ROSS-INC, www.rossinc.com .

THIS PRESS RELEASE CONTAINS FORWARD-LOOKING STATEMENTS WITHIN THE MEANING OF SECTION 27A OF THE SECURITIES ACT OF 1933 AND SECTION 21E OF THE SECURITIES EXCHANGE ACT OF 1934. ACTUAL RESULTS COULD DIFFER MATERIALLY FROM THOSE PROJECTED IN THE FORWARD-LOOKING STATEMENTS AS A RESULT OF CERTAIN RISKS INCLUDING THAT THE BUSINESS OR PROSPECTS EXPECTED BY THE COMPANY AS A RESULT OF THIS ANNOUNCEMENT MAY NOT OCCUR.

Resynt and "The business of e-Commerce" are trademarks of Ross systems, Inc. Renaissance and GEMBASE are registered trademarks of Ross Systems, Inc. Throughout this release, software and hardware products are mentioned by name. In most, if not all, cases, these product names are claimed as trademarks by the companies that manufacture the products. It is not our intention to claim these names or trademarks as our own.

SOURCE Ross Systems, Inc.

CO: Ross Systems, Inc.

ST: Georgia

IN: CPR HEA MLM

SU:

06
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