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Technology Stocks : J.D. Edwards debut! (JDEC) -- Ignore unavailable to you. Want to Upgrade?


To: treetopflier who wrote (335)3/3/1999 10:34:00 AM
From: bob zagorin  Read Replies (1) | Respond to of 583
 
Cook County, Illinois, Selects J.D. Edwards to Improve Service to Its Constituents; Second Largest County in the U.S. to Leverage J.D. Edwards' Idea to Action Solution

DENVER--(BUSINESS WIRE)--March 3, 1999--Enterprise business software provider J.D. Edwards & Company (Nasdaq:JDEC) today announced that Cook County, Ill., the second largest county in the U.S. according to the U.S. Bureau of Statistics, has selected J.D. Edwards OneWorld(TM) and WorldSoftware(TM) to increase efficiency and better meet the needs of over 5.1 million constituents.

Cook County, home to 140 municipalities including the City of Chicago, needed a flexible solution to integrate disconnected systems of data and provide employees access to critical business information in a more timely manner.

Like other large government organizations such as the City of Orlando, Fla., and Wayne County, Mich., Cook County will benefit from J.D. Edwards Idea to Action(TM) solution.

Enabled by ActivEra(TM), the Idea to Action solution allows governments to remain in control of their organization and still implement new ideas, new community mandates or new legislative changes quickly and easily without relying heavily on the IS department.

"Our goal is to meet the needs of our taxpayers in a timely and cost-efficient manner, but like many private corporations, the County is being asked to do more with fewer resources," said Thomas Glaser, CFO of Cook County.

"With OneWorld, we can identify new business processes and implement them quickly to more effectively and efficiently serve our community. Plus, our employees will have better access to information to be able to make more timely decisions."

"Governments with innovative ideas and the ability to implement those ideas quickly and effectively are the ones that succeed and attract thriving economies," said Allen Winder, vice president and general manager of the public services area at J.D. Edwards.

"The J.D. Edwards enterprise solution for local and state governments enables organizations to better manage their assets and quickly put their ideas into action while still serving their constituents."

In partnership with IBM Global Services, Cook County will implement J.D. Edwards OneWorld logistics/distribution, human resources and financial suites, as well as the WorldSoftware services and payroll suites on the IBM AS/400(R) platform with a DB2/400 database. The first phase of the implementation is scheduled for completion in December 1999.

About J.D. Edwards

J.D. Edwards provides Idea to Action(TM) software for managing the enterprise and supply chain. The company's integrated applications give customers control over their front office, manufacturing, 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 the J.D. Edwards SCOREx supply chain solution and OneWorld(TM) and WorldSoftware(TM) enterprise business software. ActivEra allows customers to change their enterprise 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 on J.D. Edwards' solutions for government can be obtained by contacting the company at 800/362-0481 or via the Internet at www.jdedwards.com/industries/government.asp.

Note to Editors: 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.

--30--db/sf* azs/sf

CONTACT:

J.D. Edwards, Denver

Katie Connaughty, 303/334-2554

katie_connaughty@jdedwards.com



To: treetopflier who wrote (335)3/5/1999 8:02:00 AM
From: D. Noll  Read Replies (1) | Respond to of 583
 
Interesting...you don't say what your position was and what you got in at. Have to assume as a successful, short-selling, inside-trader type you got in around $70. Probably were hyping it @ $88 based on other totally-illogical assumptions on a different thread. And then didn't get out soon enough. A pooling of assets does not concern me. What does concern me is that MDT's Neuro division is producing pacemakers. That might have more serious implications. Please elaborate Dr. Beaker.

Your knowledge of MDT's JDE installation is colloquial and irrelavant. Look at FoxMeyer and SAP. I'm sure Oracle has a few skeletons to hide.

...Will be interesting to watch MDT's Y2K disclosures throughout the year...Hope their old apps are Y2K compliant...

All JDEC apps have been Y2K compliant since 1996.