SOURCE: Steelwedge Software, Inc.

July 17, 2007 11:35 ET

Monster Cable Goes Live With Steelwedge Software OnDemand Sales & Operations Planning (S&OP)

Next Generation OnDemand, Collaborative Solution Replaces Manual Spreadsheets, Improves Revenue and Margin Planning

PLEASANTON, CA--(Marketwire - July 17, 2007) - Steelwedge Software, the leader in Sales Planning and Performance Management solutions, announced today that Monster Cable Products Inc., the world's leading manufacturer of high performance audio cables and accessories, launched Steelwedge OnDemand S&OP to drive their sales and operations planning process.

The Steelwedge solution enables Monster to streamline its planning process, significantly improving quality of reports while reducing the amount of manual labor and length of time required for critical decision-making. Steelwedge also allows Monster to analyze alternate planning scenarios, identify out-of-process exceptions and respond to changes in the business environment.

"We are delighted to report that the Steelwedge OnDemand S&OP Solution at Monster Cable is improving the effectiveness of corporate planning and positively impacting company performance," said Steelwedge CEO, Glen Margolis. "We were able to deliver a very high value solution quickly and at an extremely affordable cost."

"Steelwedge has provided us with a cost effective tool to help us achieve our goal of minimizing our aggregate inventory investment and exposure while providing us with the ability to optimize our revenue and margin through product mix planning," said Kevin Cornish, CIO and Vice President of Operations at Monster Cable. "Steelwedge is at the core of our planning environment, and we expect Steelwedge to grow with us as we grow, addressing other business planning requirements."

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 at leading companies including 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. All other company and product names are trademarks of their respective holders.

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