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Date Posted: 11/17/2004
Teledyne's Electronics and Communications Segment Signs 3-Site Contract to Standardize Use of MAPICS ERP for iSeries Across 1000 Users to Manage Rapid Growth
Leading Aerospace and Defense Subcontractor Signs New Deal as Part of Initiative to Standardize on Single Enterprise Software Platform
ATLANTA--(BUSINESS WIRE)--Nov. 16, 2004-- MAPICS, Inc. (Nasdaq/NM: MAPX - News), a leading global provider of enterprise solutions for world-class manufacturers, announced that Teledyne's Electronics and Communications Segment is expanding its use of MAPICS ERP for iSeries as part of an initiative to standardize on a single enterprise software platform. The new three-site deal brings the company's total number of MAPICS users to more than 1,000 across the nation and sets the stage to automate and unify the key business processes flowing through its manufacturing plants.
Headquartered in Los Angeles, CA, Teledyne designs and manufactures electronic communication and propulsion products and provides advanced engineering services to a variety of customers around the world. The Electronics and Communications Segment has grown significantly through acquisition over the past few years.
Having already invested in MAPICS ERP for iSeries to manage operations at several of its facilities and having seen benefits in terms of cost savings and improved efficiencies, Teledyne views the expansion of its relationship with MAPICS as a natural next step and unifying force for the segment as it continues through this period of growth.
"The growth we have experienced over the past few years has made building a robust yet flexible enterprise-wide infrastructure an even greater priority for our organization," said Michael Wilson, Director of I.T. for the segment. "MAPICS ERP for iSeries provides the platform we need to manage the day-to-day operations of our expanding business and also work strategically to anticipate and adapt to evolving demands in the highly competitive marketplace in which we operate."
One of the key benefits to Teledyne Electronics and Communications is to become unified on a single financial software package for the numerous projects it is engaged in at different facilities around the country. Implementation of MAPICS ERP for iSeries at the new sites is expected to be completed within an 18-month timeframe.
"Teledyne's decision to expand the use of MAPICS ERP for iSeries and leverage it as a platform for unifying its business is a testament to both the strength of our partnership and the strength of the solution in the marketplace," said Dick Cook, President and CEO, MAPICS. "Teledyne recognizes the value of moving its business to a single ERP system that will grow with the organization over time. We look forward to playing an increasingly important role in the company's continuing success."
About Teledyne Electronics and Communications Segment
Teledyne Electronics and Communications is an operating segment of Teledyne Technologies Incorporated. Teledyne Technologies designs and manufactures electronic communication and propulsion products and provides advanced engineering services to a variety of companies around the world. Our company, headquartered in Los Angeles, CA, provides analytical instruments for semiconductor, chemical process and environmental markets, capital equipment for the printed circuit board manufacturing industry and performs contract manufacturing of aerospace, communications and medical equipment. While the company offers many standard products, one of our greatest strengths is a willingness to adapt technology to meet unique customer needs - providing the missing pieces in the technology puzzle.
About MAPICS
MAPICS is a leading global solutions provider focused exclusively on manufacturing. Building on more than 25 years of industry experience and proven success, MAPICS helps manufacturers be world class by gaining market share, operating at peak efficiency and exceeding customer expectations. MAPICS solutions include software-extended ERP, CRM and supply chain management-and professional services. The solutions are implemented on the two industry-leading technology platforms-Microsoft and IBM.
Headquartered in Atlanta, MAPICS has implemented solutions in more than 10,000 customer sites in more than 70 countries. For more information, visit www.mapics.com.
MAPICS is a trademark of MAPICS, Inc.
Other brand and product names may be trademarks of their respective owners.
Editor's note: The correct usage of the MAPICS name is all capitals.
Statements in this press release or other wise attributable to the Company regarding the Company's business which are not historical facts are forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Words such as "expanding," "provides," "expected," "forward" and similar expressions are intended to identify such forward-looking statements. Many factors could cause the Company's actual results to differ materially from those expressed in the forward-looking statements made by or on behalf of the Company including, without limitation, the economic outlook particularly in the manufacturing sector, spending patterns of our customers, the ability to complete and integrate acquisitions, relationships with our customers and business partners, availability of qualified resources and offerings, the ability to develop and enhance products and other risks detailed in the Company's Annual Report on Form 10K and other filing with the SEC. The company undertakes no obligation to revise or publicly update these forward-looking statements, whether as a result of new information or otherwise.
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Contact:
For MAPICS, Inc., Atlanta
Ruder Finn
Erika Hoeft, 312/329-3913
hoefte@ruderfinn.com
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Source: MAPICS, Inc.
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