SOURCE: Steelwedge Software

August 09, 2005 13:36 ET

Inovys Corporation Selects Steelwedge Software for Collaborative Operations Planning

OnDemand Solution to Streamline Planning Process With Contract Manufacturers

PLEASANTON, CA -- (MARKET WIRE) -- August 9, 2005 -- Steelwedge Software, the leader in Enterprise Planning and Performance Management solutions, announced today that Inovys Corporation, the leader in structural test systems for advanced System On Chip (SOC) devices, has selected Steelwedge OnDemand for collaborative operations planning.

Today Inovys and their contract manufacturers send spreadsheet-based plans back and forth, causing them to fall out of sync, leading to inventory liabilities and shortages. Steelwedge will help Inovys to streamline their planning process with their contract manufacturers.

"We are pleased that Inovys selected Steelwedge for collaborative operations planning," said Steelwedge CEO Timothy Campbell. "This selection also highlights our ability to address the needs of companies of all sizes. Steelwedge OnDemand allows us to deliver our comprehensive enterprise planning and performance management solution to small and medium-sized organizations at a very affordable cost."

"We selected Steelwedge for its ability to address our current issues regarding the management of production plans with our Contract Manufacturers. Steelwedge provides us with the cost-effective tools to help us achieve our goal of providing our Customers with the industry's shortest delivery lead-time while minimizing our aggregate inventory investment and exposure. We expect Steelwedge to grow with us as we grow, to address other business planning requirements," said Rob Bisaillon, Vice President of Operations at Inovys. "Once deployed, Steelwedge will form the core of our planning environment."

About Steelwedge Software

Steelwedge Software, Inc., is the leading innovator in the emerging field of Enterprise Planning and Performance Management, helping manufacturing companies create, validate and synchronize functional plans, actively align them with business and financial targets, and gain executive visibility and control over enterprise performance. Founded in 2000, Steelwedge Software is privately held and located in Pleasanton, California. For more information, please visit www.steelwedge.com.

Steelwedge and all Steelwedge product names are trademarks or registered trademarks of Steelwedge Software, Inc. All other company and product names are trademarks of their respective holders.

About Inovys Corporation

Inovys Corporation is leading the revolution in semiconductor design and test convergence, providing customers with innovative test solutions for design debug, production, and failure analysis. The company provides integrated test systems for advanced System On Chip (SOC) devices used in computing, consumer and communication applications. Inovys provides a comprehensive test suite that enables semiconductor companies to reduce design debug from weeks to hours, lower production test costs by a factor of four, and supports real-time yield enhancements with unique failure analysis tools. Inovys helps semiconductor companies achieve the fastest path to profit. For more information, please visit www.inovys.com.

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