SOURCE: Tensoft, Inc.

Tensoft, Inc.

October 01, 2009 09:00 ET

Majority of Tensoft's New ERP Customers Choose the Cloud in 3rd Quarter

SaaS Subscription Model Now Top Delivery Mechanism for Tensoft's New Fabless Semiconductor as Well as Software Customers

SAN JOSE, CA--(Marketwire - October 1, 2009) - Tensoft (http://www.tensoft.com), a leading end-to-end ERP and supply chain solution provider for semiconductor and other high tech manufacturing entities, announced today the addition of four leading fabless semiconductor firms to its customer list in the third quarter. Three out of these four fabless customers chose to implement both Tensoft and Microsoft offerings using Tensoft's on-demand model over an on-premise installation. In this tough economy, cloud computing delivery means reduced implementation costs, and no upfront investment in servers or software licensing.

"The trend towards cloud computing delivery for our fabless customers is significant," said Tensoft CEO Bob Scarborough. "We've seen most of our software industry customers choose a cloud/SaaS model for some time now, but this is a new trend for our fabless customers. Cost-effectiveness is certainly a driver in this decision, but so is our customers' confidence in Tensoft and its ability to deliver a safe, viable offsite SaaS delivery of our ERP and supply chain solutions."

ViXS, a leading Toronto fabless semiconductor firm and one of Tensoft's new customers, chose to implement three Tensoft products using the SaaS model, which delivers online functionality via subscription licensing: Fabless Semiconductor Manufacturing (FSM), High-Tech Dashboard (HTD) and Revenue and Deferral Management for Distribution (RDM-D). "We chose Tensoft because of their proven ability and reputation for providing industry-specific, end-to-end ERP via a SaaS model," said Eric Erdman, ViXS CFO. "Tensoft FSM offers functionality -- including semiconductor operations management, distributor Point Of Sale analysis, and executive dashboards -- that's essential to our corporate goals, and the on-demand model gives us access and support for our global operation."

Streamlined Delivery, Strong Products

Provided as a managed service offering in a high-availability environment, Tensoft's business software suite enables fabless semiconductor customers to run their accounting and financial, customer service, operations, production control and planning activities all on one turnkey system.

Tensoft FSM is a web-based solution, designed to support both fabless and traditional semiconductor manufacturing operations. A clear leader in its field, FSM supports the semiconductor industry's unique financial, manufacturing and supply chain needs using a highly scalable design. Tensoft HTD combines unmatched visibility and a cohesive and in-depth summary level financial analysis with sophisticated reporting efficiency. Complete decision support is provided with options for a customer-specific layout, along with drilldown functional dashboards, charts and warning indicators. Tensoft RDM-D is designed for companies that sell through distribution, improves the efficiency and accuracy of complex revenue models while completely eliminating error-prone spreadsheets and manual processes.

Microsoft Dynamics is a line of financial, customer-relationship and supply-chain management solutions that help businesses work more effectively. These integrated, adaptable business management solutions work like and with familiar Microsoft software to streamline processes across an entire business.

About ViXS Systems Inc.

ViXS Systems Inc., www.vixs.com, a leading fabless semiconductor company headquartered in Toronto, Canada, innovates technologies for processing, managing, securing and distributing high-quality video and audio allowing seamless multimedia control, conversion, and connectivity between any class and size of digital entertainment device. The company supplies advanced system-on-a-chip semiconductors, software solutions and hardware reference designs for the world's top manufacturers of Digital TVs, DVDs, set-top boxes, personal video recorders, PCs, network attached storage devices, residential/home gateways and Blu-Ray players/recorders.

About Tensoft

Tensoft, Inc. specializes in innovative, end-to-end business management solutions for the semiconductor, high tech and software industries. These focused technology industry solutions have been created by converting broad, horizontal ERP functionality to the specialized needs of the technology industry. Founded in 1996, Tensoft delivers results tailored specifically to each customer's needs. The company sells its products directly to customers and partners with established firms in the U.S., Canada, and Europe to re-sell and provide local support for its products. For more information, go to http://www.tensoft.com or call (888) 450-4030 X406.