SOURCE: Steelwedge Software, Inc.

September 13, 2007 08:03 ET

Flash Memory Solutions Giant Spansion Selects Steelwedge Software to Drive Its Collaborative Sales Forecasting Process

OnDemand Solution to Create Single Forecasting Environment to Capture Customer Demand Supporting Sales, Planning, Manufacturing and Finance

PLEASANTON, CA--(Marketwire - September 13, 2007) - Steelwedge Software, the leader in Sales Planning and Performance Management solutions, announced today that Spansion (NASDAQ: SPSN), the largest company exclusively focused on Flash Memory, has selected its collaborative sales forecasting solution.

"We are very pleased that Spansion has chosen Steelwedge for demand planning and collaborative sales forecasting," said Steelwedge CEO Glen Margolis. "Our experience in high-tech, lean, complex, configured manufacturing makes it one of our most important vertical industries."

Spansion had set six criteria for its demand planning software: (1) single corporate-wide solution for sales forecasting and performance management; (2) scalable, comprehensive and cost effective; (3) meets the diverse requirement of all business units; (4) easy to use, maintain and expand over time; (5) timely, immediate forecast information availability; and (6) near real-time visibility to billings and backlog.

"Steelwedge was the only solution that could meet our criteria," said Spansion Director of Business Operations Pete Pichette. "They offer rapid deployment OnDemand and a unique package of features and benefits -- a single plan of record that facilitates planning and management, Enterprise Enabled Excel that drives internal and external collaboration and proactive in-box based, exception-driven feedback and accountability."

Spansion will be able to generate seven important weekly and monthly reports in three areas -- Performance Management (Executive and Sales Manager Dashboards), Account Management (Order Detail and Sales Operations Detail) and Business Intelligence (Revenue & Margin Analysis, Forecast Accuracy Analysis and Sales Pipeline Intelligence.)

Flash memory can be found in nearly every electronic device -- cell phones, cars, printers, networking equipment, set-top boxes, high-definition TVs, games and other consumer electronics. The demand for more multimedia content at home, at work and on the go is resulting in more complex electronic devices which in turn require more Flash memory.

About Steelwedge. Steelwedge Software links Sales & Operations Planning (S&OP) processes to existing ERP systems through familiar desktop applications including email and Excel. Steelwedge helps companies improve the effectiveness of their Collaborative Planning, Forecasting, and Performance Management activities. Steelwedge customers include Qlogic, EDS, Enterasys Networks, Harley-Davidson, Hewlett-Packard, Honeywell International, Juniper Networks, Monster Cable, Nvidia, Spansion, Tellabs and Teledyne.

Steelwedge and all Steelwedge product names are trademarks or registered trademarks of Steelwedge Software, Inc.

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