Re Contract
14 Outubro 2002 - 4:00AM
UK Regulatory
RNS Number:4088C
Sopheon PLC
14 October 2002
FOR IMMEDIATE RELEASE 14 October 2002
SOPHEON PLC
PALL CORPORATION SELECTS SOPHEON'S ACCOLADE SOFTWARE
Leader in Filtration, Separations and Purification Industry Reports Sopheon's
Solution Key to Meeting Five-Year Business Goals
Sopheon plc ("Sopheon" LSE : SPE), an international provider of software and
services, announced today that Pall Corporation (NYSE: PLL) is implementing
Sopheon's Accolade product development software system as an integral part of
its five-year business plan. Pall, the world's pre-eminent filtration,
separation and purification products supplier, is planning a global deployment
that will initially involve 400 users in research and development, manufacturing
and marketing. The company said that it expects to see a return on its Accolade
investment in less than a year.
Pall will use Accolade to track, evaluate and prioritize hundreds of projects
based on key performance metrics so that resources are directed to projects with
the strongest revenue and profit potential while weaker concepts are eliminated
before major costs are incurred.
Andy Michuda, Chief Executive Officer of Sopheon, said :
"Pall is the latest prominent company in the materials science sector to choose
Accolade. This order is significant both because of its revenue value and the
fact that it signals Sopheon's continued penetration of a key target market."
Sopheon's Accolade is the industry's first product development system that
integrates human-based decision-support services and process-enabling
technology. Accolade provides decision support throughout the product
development cycle, strengthening the process of generating ideas, accelerating
product creation and helping to ensure that resources are focused on the right
projects. According to Sopheon, the offering can improve time-to-market by as
much as 30 percent and cut product development spending waste in half.
For further information contact :
Barry Mence, Chairman Sopheon plc Tel : + 44 (0)1483-883000
Arif Karimjee, CFO Sopheon plc Tel : + 44 (0)1483-883000
Steve Liebmann Buchanan Communications Tel : + 44 (0)20-7466-5000
Barbara Jansen Citigate First Financial Tel : + 31 (0)205-754-010
About Sopheon
Sopheon is an international provider of software tools, experts and content that
help organizations improve the business impact of product development. Sopheon
serves nearly half of the technology-driven companies on the Fortune 500,
enabling higher, faster return on innovation and product development investments
through technology and human-based decision support. The company's products and
services include its flagship Accolade(R) product development system, the
award-winning Teltech.com(R) Web-based research portal for technical and
business professionals, and Organik(R) expertise-sharing software. Sopheon is
listed on the Alternative Investment Market of the London Stock Exchange and on
the Euronext in the Netherlands. For more information, please visit
www.sopheon.com.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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