SOURCE: Intentia

October 19, 2005 10:41 ET

North American Panel Manufacturer Chooses Movex to Chop Down Supply Chain Inefficiencies

Intentia Provides Technology Foundation to Support ATC Panel's Aggressive Growth and Integration Plans

SCHAUMBURG, IL -- (MARKET WIRE) -- October 19, 2005 -- Intentia, the global enterprise solutions provider for the manufacturing, distribution and maintenance industries, announced today that ATC Panels has licensed Intentia's Movex to support its aggressive growth plans in the wood panel manufacturing industry. Movex is Intentia's core Enterprise Resource Planning (ERP) and Supply Chain Management (SCM) Application Suite.

ATC Panels is a Moncure, NC-based subsidiary of Aconcagua Holdings who will use Movex in five North American manufacturing facilities. The Movex solution will replace a disparate group of internally developed and packaged software products resulting from five acquisitions in the past year.

"Like many companies, we have a variety of software platforms as a result of acquisitions and we needed to quickly standardize on a forward-looking solution," says Fito Salman, Chief Financial Officer of ATC Panels. "Movex gives us the flexibility and function to create a unified solution both now and as we continue to grow."

The company also licensed several other Intentia products, including: MovexSMS, a sales force automation system; eSales, an online business solution; and Business Performance Warehouse, an enterprise performance management tool.

"Clearly, ATC Panels understands the need for an integrated solution such as Movex for its existing business operations," said David Rode, President and Chief Executive Officer of Intentia Americas. "But more importantly, they are readying the company with the structure and the means for significant continued growth."

About ATC Panels

ATC Panels is owned by Aconcagua Holdings, named after the highest mountain in the western hemisphere, located in the Andes Mountains in Chile and Argentina.

Aconcagua Holdings was formed in May 2004 and is owned by several Chilean investors, who until 2002 controlled the largest wood panel manufacturer in Latin America. With five acquisitions in the last year, the company is aggressively seeking acquisition opportunities in the North American wood panel industry.

About Intentia

Intentia is the only global enterprise solutions provider 100% dedicated to bringing software applications and consulting services to companies whose core processes involve manufacturing, distribution and maintenance -- what we call the "make, move and maintain" market.

--  100% of our resources are committed to this market.
--  100% of our software is designed for this market.
--  100% of our experience is in serving this market.
    
Intentia customers are typically medium to large organizations that operate in complex supply chains with tough competition and limited internal resources. They require the reliability, experience and security of a substantial supplier with the flexibility and specialist knowledge of their industries and processes.

Intentia solutions are built from the ground up with the specific needs of these customers in mind, and the ability to grow and change easily with their businesses. They simplify complex processes, anticipate customer demands and deliver added value in both the short and long term -- making them the intelligent choice.

Intentia was founded in 1984 and serves over 3,000 customer sites in some 40 countries around the world. Our business solutions currently comprise enterprise management, supplier relationship management, customer relationship management, supply chain management, value chain collaboration, enterprise performance management and workplace management.

Intentia is a public company traded on the Stockholm Stock Exchange (XSSE: INT B). Visit Intentia's Web site at www.intentia.com

Intentia

The Intelligent Choice

Contact Information

  • For more information, please contact:

    Steve Polilli
    Intentia Americas
    847-413-2865 office
    847-890-3697 mobile
    Email Contact

    Jaclyn Saccone
    Cohn & Wolfe
    212-798-9518 office
    917-969-3551 mobile
    Email Contact