SOURCE: Model N

July 15, 2008 03:01 ET

Component Innovator Cirrus Logic Completes First Phase of Model N High Tech Suite Implementation

Deployment of Global Price Management and Deal Management Solutions Will Allow Company to Improve Key Revenue Management Processes and Gain Competitive Advantage

REDWOOD SHORES, CA--(Marketwire - July 15, 2008) - Model N Inc., the leader in Revenue Management solutions, today announced that Cirrus Logic Inc., an innovative manufacturer of high-precision analog and digital signal processing components, has successfully deployed Model N's High Tech Global Price Management and Deal Management solutions.

The deployment is the first phase in a company-wide Model N implementation project that will enhance Cirrus' core revenue life cycle processes -- including quoting, opportunity management, and channel management -- to protect margins and strengthen distributor relationships. Implementation of Model N's Channel Revenue Management and Deal Analytics applications is already underway.

"As a premier integrated circuit manufacturer for the most respected brands in audio and industrial markets, Cirrus Logic selected Model N because it delivers a superior platform for quoting, pricing, and channel management processes," said Tim Turk, Vice President of Worldwide Sales, Cirrus Logic. "With Model N's closed-loop technology, we will be able to efficiently track opportunities, improve the quoting process, and effectively manage commissions, resulting in outstanding service for our customers."

"We are pleased to welcome an innovative electronic component manufacturer like Cirrus Logic to our customer roster," said Rich Fitchen, General Manager of Model N High Tech. "By deploying Model N's feature-rich, industry-tailored suite, Cirrus Logic has acquired a powerful tool that complements its existing SAP ERP system and provides the flexibility needed to adapt to changing market conditions."

About Model N

Model N is a leader in Revenue Management solutions, offering an integrated suite of applications for analytics, pricing strategy and execution, contracts, compliance, and settlements optimized for the industry practices of High Tech and Life Science companies. Enabling the creation of a seamless, end-to-end process from price setting through settlements payment, Model N's uniquely integrated approach eliminates revenue leakage and delivers the visibility and controls needed to avoid the risks of non-compliance to government reporting regulations such as Sarbanes-Oxley and government pricing requirements. Customers include: Boston Scientific Corporation; Bristol-Myers Squibb Company; Cypress Semiconductor Corporation; Intersil Corporation; Linear Technology Corporation; Medtronic, Inc.; Microchip Technology, Inc.; Micron Technology Inc.; Ortho-Clinical Diagnostics, a Johnson & Johnson company; ON Semiconductor, Inc. and Pfizer, Inc. Model N is located in Redwood Shores, California. For additional information, visit www.modeln.com.

Model N is a mark of Model N, Inc. All other company names mentioned are the property of their respective owners and are mentioned for identification purposes only.

Contact Information

  • Media Contact:
    Sean Cassidy
    Model N, Inc.
    Tel: 650-610-4820
    Email Contact