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Technology Stocks : Agile Software Corp- ( AGIL)

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To: Mohan Marette who started this subject7/23/2001 10:47:39 AM
From: bob zagorin   of 570
 
Sharp Selects Agile As Its Mission-Critical Solution

SAN JOSE, Calif., July 23 /PRNewswire/ -- The dynamic electronics high-tech environment is more competitive than ever with shrinking product lifecycles, increasing demand for new products, and the need for instant supply chain collaboration. To maintain its competitive edge, Sharp Corporation chose Agile Software (Nasdaq: AGIL), a leading provider of collaborative manufacturing solutions, to efficiently manage product content and communicate in real-time with its supplier network.

As a successful developer of innovative products and core technologies marketed worldwide, Sharp Corporation has decided to implement Agile Anywhere(TM), a web-based suite of collaborative manufacturing solutions, at its TFT (Thin Film Transistor) Liquid Crystal Display Group in Japan. Roll-out plans include various internal divisions as well as its extended partner and supplier network.

"The electronic components manufactured at Sharp Corporation must meet specific requirements and be quickly ramped to production to ensure the highest customer satisfaction," said Mr. Sumizoh Akahodani, Group General Manager of IT Strategic Planning. "We realize communication is a key driver in our industry and we believe Agile will provide significant value to our company's success."

Eiichi Majima, President of Agile Japan stated, "As a leading electronics company, Sharp continues to provide quality products and customer service. To do this, it must respond quickly to the market and Agile helps companies ramp to production, meet demand, and maintain competitive edge."

"The Liquid Crystal Display Division has become a worldwide leader in electronic components. Agile is focused on extending its reach to the component supplier level and we are delighted that a supplier with Sharp's stature has agreed to partner with Agile to improve product delivery to its customers," Bryan Stolle, Agile CEO added.

About Agile

Agile Software Corporation (Nasdaq: AGIL) enables supply chain partners to communicate and collaborate over the Internet about new or changing product content and then source and procure necessary components. Agile has more than 700 customers, including Compaq, Dell Computer, Flextronics International, GE Medical, International Paper, Juniper Networks, Lucent, NVIDIA, Philips, Sycamore Networks, Texas Instruments, Zhone Technologies. Call 408-975-3900, or visit Agile at agilesoft.com.

This "Safe Harbor" Statement Under the Private Securities Litigation Reform Act of 1995:

Information in this release that involves Agile's beliefs, hopes, plans, expectations, intentions or strategies regarding the future and consists of forward-looking statements that involve risks and uncertainties, which are based upon information available to Agile on as of the date of the release, and we assume no obligation to update any such forward-looking statement. These statements are not guarantees of future performance and actual results could differ materially from our current expectations. Factors that could cause or contribute to such differences include, but are not limited to, declining economic conditions including a possible recession, cutbacks by our customers in their purchases of software such as ours, delays and difficulties in introducing new products and upgrades of existing versions of our products; lack of market acceptance of Agile Anywhere or other new products or services; inability to continue timely delivery of competitive new products and services; introduction of new products or services by major competitors; risks related to the Internet on our business and prospects; and our ability to recruit or retain necessary personnel and significant fluctuations in our stock price. These and other risk factors and risks associated with our business are discussed in the Company's Form 10-K filed July 24, 2000 and Form 10-Q filed on March 12, 2001.

Agile Software, the Agile Software logo, Agile Anywhere are trademarks of Agile Software Corporation in the U.S. and/or other countries. All other brand or product names are trademarks and registered trademarks of their respective holders.

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SOURCE Agile Software Corporation

CO: Agile Software Corporation; Sharp Corporation

ST: California, Japan

IN: CPR MLM STW

SU:

07/23/2001 08:31 EDT prnewswire.com
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