SOURCE: Informance International

March 28, 2007 13:29 ET

Informance Promotes Edward Toung to VP Products

Newest Member of Management Team to Compound Customer Focus

REDWOOD CITY, CA -- (MARKET WIRE) -- March 28, 2007 -- Informance International, a leader in Enterprise Manufacturing Intelligence (EMI) solutions, announces the addition of a new member to the executive team: Edward Toung joins as the Vice President of Products and will report to Sunil Singh, CEO and President.

"Our customers have experienced significant gains in manufacturing operational efficiencies using Informance next-generation EMI solutions," said Mr. Singh. "Ed will ensure customers continue to have access to the most advanced, easiest-to-use manufacturing analytics available today."

Edward Toung has built successful product management and development teams for technology firms, delivered solutions for global manufacturers, and has been a member of the Informance team since 2004. Mr. Toung was most recently Informance's Senior Director of Products and a key figure in the development of the Informance Enterprise Solution, released earlier this year. Prior to Informance, he worked with global manufacturers in the US and Asia to improve supply chain performance and manufacturing efficiency. During his time with E2open as Director of Network Solutions, Ed worked alongside leading High Tech Manufacturers to automate their global supply chains. He focused on Business-to-Business integration projects with hundreds of trading partners. Previously, Toung was with Ariba, a leading provider of spend management solutions, as the group product manager for its contract management solution. Earlier, as i2's SRM group product manager, he was a key figure in conceiving and delivering the first release of Tradematrix and RHYTHM Collaboration Planner -- one of the first web-based collaboration solutions in the Supply Chain space. Mr. Toung has delivered solutions to and worked on joint development projects with a number of prominent manufacturers like IBM, Matsushita/Panasonic, Hitachi, LG Electronics, Solectron, and Dell. With more than ten years of technology development and product leadership experience, Ed received graduate degrees in Industrial Engineering and Technology Management from the University of California, Berkeley and his B.S. in Industrial Engineering from Purdue University.

About Informance International

Informance delivers Enterprise Manufacturing Intelligence (EMI) solutions to help clients accelerate operational performance initiatives, drive operating strategies and capture actionable insight; measured by speed-to-value. Clients quickly unlock hidden capacity, increase productivity without additional capital investment, reduce inventory and labor costs, and increase working capital. To learn more, call 1-877-464-6262 or e-mail info@informance.com.

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