SOURCE: Steelwedge Software, Inc.

January 29, 2008 08:11 ET

Mobile Computing Solutions Provider Psion Teklogix Selects Steelwedge Software for Sales and Operations Planning (S&OP) Initiative

PLEASANTON, CA--(Marketwire - January 29, 2008) - Steelwedge Software, the innovator in Collaborative Sales Forecasting and Sales and Operations Planning (S&OP) solutions, announced today that global mobile computing solutions provider Psion Teklogix has chosen Steelwedge for its sales and operations initiative.

The sales and operations initiative is focused on improving demand forecasting and inventory management by facilitating collaborative planning between Psion Teklogix sales, supply chain and finance departments. The new process will consolidate data from existing ERP, CRM and financial planning systems, align operations planning with sales forecasting and automate what is now a largely manual, time-consuming procedure.

"We are pleased to have been selected by Psion Teklogix for their S&OP initiative," said Steelwedge CEO Glen Margolis. "Their decision is further validation of the power of our OnDemand solutions to add significant value to complex manufacturing planning."

"Our goal is to improve on-time delivery of customer orders and reduce inventory levels through improved planning, reduced forecast error and improved collaboration between sales, operations and finance," said Grant Ferguson, Senior Director, Information Services, Psion Teklogix. "The Steelwedge solution offers power and simplicity -- which means we will be able to automate our sales and operations planning globally, gaining greater visibility, analysis and reporting in weeks, not months."

Steelwedge offers proven capability to drive collaborative sales planning processes -- both inside and outside corporate firewalls. Steelwedge Enterprise Enabled Excel (E3) technology has enabled its customers to quickly improve their planning processes and increase profitability. The Steelwedge capacity to handle complex product mix issues, easily integrate disparate sources of data, and provide insights into pricing issues are essential components of an effective S&OP process.

ABOUT STEELWEDGE

Steelwedge Software Inc. links Sales & Operations Planning (S&OP) processes to existing systems through familiar desktop applications including email and Excel. Steelwedge helps companies improve the effectiveness of their S&OP, Collaborative Planning, Forecasting, and Performance Management activities. Steelwedge customers include Harley-Davidson, Hewlett-Packard, Honeywell, Emerson Electric, Juniper Networks, Nvidia, Spansion, Tellabs and Teledyne. 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 PSION TEKLOGIX

Psion Teklogix is a global provider of mobile computing solutions which deliver real-time access to enterprise data to improve business efficiency. Psion Teklogix has expertise in rugged hardware, integration, service and support and in new and emerging technologies including image capture and RFID. Psion Teklogix has customers in more than 80 countries, and over 39 sales and support offices in 23 countries. The Psion Teklogix parent company, Psion PLC, is listed on the London Stock Exchange (LSE: PON). For more information, visit www.psionteklogix.com.

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