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Technology Stocks : Industri-Matematik Intl (IMIC) -- Ignore unavailable to you. Want to Upgrade?

To: ynot who wrote (183)	3/23/1999 10:25:00 AM
From: bob zagorin	Read Replies (1) \| Respond to of 349

Industri-Matematik Significantly Raises Industry Performance Levels for Global Fulfillment on IBM's S/390 Enterprise Server MARLTON, N.J.--(BUSINESS WIRE)--March 23, 1999-- Advanced Supply Chain Software Dramatically Increases Order Processing Capabilities for E-Commerce Industri-Matematik International Corp. (NASDAQ:IMIC) today announced breakthrough performance results for its Advanced Supply Chain Execution Suite on an IBM S/390 Parallel Enterprise Server. The combined Industri-Matematik and IBM solution will provide order volume handling capabilities estimated to be two to three times higher than any other S/390-based enterprise business application. "Benchmark testing, conducted by IBM, demonstrates how the Industri-Matematik and IBM solution delivers superior performance and scalability for managing high-volume, complex logistics environments in supply chain and e-commerce applications," said Stig Durlow, president and CEO at Industri-Matematik. "We believe the results of this test show that our software running on IBM's S/390 enterprise server can scale up to two to three times faster than any other enterprise application available - and up to ten-fold faster than traditional client/server applications." The benchmark testing, run on the IBM DB2 Universal Database, was conducted at the IBM benchmark and porting facility in Montpellier, France. The test replicated the order entry and processing operations required to handle the unpredictable, high-transaction volumes found in 24-hour-a-day, e-commerce fulfillment. Industri-Matematik supply chain software demonstrated the performance and power to manage up to tens of millions of order-lines per day. These capabilities can easily address the strenuous order processing requirements of large distribution-intensive companies such as wholesalers and retailers, as well as organizations moving towards Internet-based fulfillment. "The explosion of e-commerce business volumes is putting serious demands on the logistics systems of our e-business customers," said Karl Salnoske, general manager, IBM Electronic Commerce Group. "Industri-Matematik supply chain software, when combined with the high performance and high availability of the IBM S/390 and the high volume transaction processing capabilities of DB/2, can provide the reliable, high volume logistics support needed to ensure that every order is picked, packed, and shipped, quickly and correctly." According to Durlow, "The future of supply chain success centers around managing e-commerce and Internet fulfillment. To achieve this goal, companies need to excel at managing more frequent, less predictable customer orders coming in at increased velocity. The Industri-Matematik and IBM solution can help companies provide the convenience and service levels e-commerce customers demand and the supply chain efficiency and scalability that businesses require to drive revenue and remain competitive." Industri-Matematik's Advanced Supply Chain Execution Suite synchronizes customer-driven supply chains from order capture to global fulfillment to reduce inventories and increase supply chain velocity. The software enables companies to manage complex logistics issues that exist in global, e-commerce environments. The Industri-Matematik Suite includes comprehensive tools that allow companies to measure the performance and profitability of their products - helping them connect business strategies to supply chain operations. About Industri-Matematik Industri-Matematik International Corp., with worldwide revenues for the fiscal year ended April 1998 of $95 million, is a leading supplier of customer-driven supply chain management solutions for providers of fast-moving, high-volume products. In 1998, AMR Research named the company as the market leader in supply chain execution software. Industri-Matematik has implemented logistics management systems worldwide at brand-leading organizations such as British Airways, Campbell Soup, Canadian Tire, Canon, Carlton and United Breweries, Hartz Mountain, Kellogg's, Skyway Freight Systems, Starbucks, VWR and Warner/Elektra/Atlantic. IBM, S/390, S/390 Parallel Enterprise Server and DB2 Universal Database are trademarks or registered trademarks of International Business Machines Corporation. Editors: For Industri-Matematik company and product information, and press releases, access the Industri-Matematik site on the World Wide Web at im.se. CONTACT: Industri-Matematik Tim Walsh, (609) 988-3922 ext.4438 tiwa@im.se or Copithorne & Bellows for Industri-Matematik Dan Mees or Albie Jarvis, (617) 450-4300 dan.mees@cbpr.com