SOURCE: Parsec Automation Corp.

March 12, 2007 11:00 ET

Parsec Wins Contract With World Leading Manufacturer of the Number One Brand of Disposable Contact Lenses for Real-Time Performance Management

BREA, CA -- (MARKET WIRE) -- March 12, 2007 -- Parsec Automation Corp. (Parsec), the leading provider of real-time performance management (RPM) and enterprise manufacturing intelligence (EMI), today announced that it has signed a second agreement with a world's leading manufacturer of disposable contact lenses. The agreement provides access to TrakSYS™ and is worth over US$140,000; when fully implemented the value is worth over US$700,000. The transaction includes licenses, maintenance and services. The licenses will be used on two critical production lines at their southeast operations.

"This is the second large deal in just one month that includes our TrakSYS™ product offering," said Eddy Azad, President and CEO, Parsec. "The demand for real-time performance management solutions is constantly increasing. In this case, the customer's previous success with Parsec tools was a key factor in the decision to implement TrakSYS™."

About Parsec Automation Corp.

Parsec Automation Corp. (Parsec) is the developer of TrakSYS™, the leading real-time performance management and enterprise manufacturing intelligence software. More than 200 major companies worldwide rely on Parsec for flexible and configurable tools to quickly track, record, analyze and report the events critical to productivity enhancement. Without production disruption TrakSYS™ helps manufacturers to significantly improve asset utilization and efficiency, increase capacity with no new capital equipment, reduce production costs, and improve profitability. With measurable ROI TrakSYS™ fuels Lean, Six Sigma, TPM, and Operational Excellence efforts. For more information visit:

Parsec is a registered trademark of Parsec Automation Corporation. Other trademarks referenced are the property of their respective owners.

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