SDRC and i2 Form Alliance for Collaborative Solutions
Marketing alliance drives value into the supply chain by offering SDRC's collaborative product management solutions and i2 Supplier Relationship Management (SRM) suite
ORLANDO, FL-May 30, 2001-SDRC (Nasdaq: SDRC) today announced at its Collaborative Product Management Symposium that it has formed a co-marketing alliance with i2 Technologies, Inc., the leading provider of supply chain and marketplace solutions. The agreement positions the two companies' software offerings as a complementary collaborative product management solution. SDRC's new TeamCenter™ products, in concert with the i2 Supplier Relationship Management (SRM) suite, will provide an industry-leading web-centric environment that links product development and strategic sourcing, enabling companies to drive down their cost of product development, while accelerating their ability to deliver both build-to-order and engineer-to-order products.
The complementary solutions are focused at delivering real business value to all participants in a program's value chain. The cost reductions for product development, sourcing, manufacturing and support services, along with faster time-to-market, are significant business benefits achieved by enabling real time collaboration to occur between supply chain and design chain partners.
This relationship will provide joint customers with the ability to strategically source, collaboratively design, perform web-based negotiation, and automate the request for quotation (RFQ) management process. The solutions are targeted to link all value chain members by providing web browser access to a single source product view that includes preferred parts and supplier information, as well as product-centric information, such as product structure and standards for process, production and service.
"First generation e-Business platforms focused on a general-ledger centric set of technology, and provided some cost benefits," said Bill Carrelli, vice president, market and business development, SDRC. "Second generation solutions focus on a product centric suite of technologies, addressing issues of sourcing initiatives and enabling supply chains to become a company's strategic weapon in the competitive marketplace. Companies today are looking for solutions to go beyond the 'cost only' focus of those first generation systems, to enable innovation to occur at all stages of development, not just after the design is finished. SDRC and i2 will offer solutions that encourage real time interaction up and down a company's supply and design chain. This is the key for delivering innovative products."
"Teaming with SDRC will provide our joint customers solutions that link product development with strategic sourcing," said Dave Horne, executive vice president and general manager, Supplier Relationship Management business, i2. "We are pleased to offer manufacturers comprehensive collaboration solutions that will bridge product communications between design and manufacturing."
"SDRC is continuing to aggressively expand its web-centric, collaborative business solutions," said Bill Weyand, chairman and CEO, SDRC. "This alliance with i2 will now enable our two companies to bring to market a platform for global product development, further demonstrating SDRC's commitment to providing a complete suite of tools and services for collaborative product management to manufacturers. Through this relationship with i2, we will continue to focus on generating results for our customers."
About i2 - http://www.i2.com
Note to Editors: SDRC, I-DEAS and Metaphase are registered trademarks, and Accelis is a trademark of Structural Dynamics Research Corporation. All other trademarks or registered trademarks belong to their respective holders.
Additional Information and Where to Find It: It is expected that SDRC will file a proxy statement with the SEC in connection with the Merger, and that SDRC will mail a Proxy Statement to its shareholders containing information about the Merger. Investors and security holders are urged to read the Proxy Statement carefully when it is available. The Proxy Statement will contain important information about SDRC, EDS, the Merger, the persons soliciting proxies relating to the Merger, their interests in the Merger and related matters. Investors and security holders will be able to obtain free copies of these documents through the website maintained by the SEC at http://www.sec.gov. Free copies of the Proxy Statement and these other documents may also be obtained from SDRC by directing a request through the Investors Relations portion of SDRC's website at http://www.SDRC.com or by mail to SDRC, 2000 Eastman Drive, Milford, Ohio 45150, attention: Investor Relations, telephone: (513) 576-2400.
In addition to the Proxy Statement, SDRC and EDS file annual, quarterly and special reports, proxy statements and other information with the SEC. You may read and copy any reports, statements or other information filed by SDRC or EDS at the SEC public reference rooms at 450 Fifth Street, N.W., Washington, D.C. 20549 or at any of the SEC's other public reference rooms in New York, New York and Chicago, Illinois. Please call the SEC at 1-800-SEC-0330 for further information on the public reference rooms. SDRC's and EDS' filings with the SEC are also available to the public from commercial document-retrieval services and at the Web site maintained by the SEC at http://www.sec.gov.
Participants in Solicitation: SDRC, its directors, executive officers and certain other members of management and employees may be soliciting proxies from SDRC shareholders in favor of the Merger. Information concerning the participants in the solicitation is set forth in a Current Report on Form 8-K filed by SDRC on May 24, 2001.
Cautionary Note Regarding Forward-Looking Statements under the Private Securities Litigation Reform Act of 1995: Certain matters discussed in this release are forward-looking statements that involve risks and uncertainties which could cause the actual results to differ materially from those projected, including the timely availability and acceptance of new products, global economic uncertainties, the impact of competitive products and pricing, the management of growth, and other risks detailed from time to time in the Company's most recent reports on Forms 10-K and 10-Q. In addition, the completion of the merger and related transactions with EDS is subject to the satisfaction or waiver of customary conditions that involve future developments.
@ 2001 KFKI ISYS Informatikai Kft.