
MATRICS TEAMS WITH APRISO TO PROVIDE TURNKEY RFID SOLUTIONS
Significant Partnership Marries Best-in-breed Production Automation, Inventory and Asset Management Software and RFID Hardware
(Long Beach, CA and Columbia, MD - September 15, 2003) - Apriso Corporation, the leader in "bottom-out" enterprise software, and Matrics, a pioneer in low cost, high-performance Radio Frequency Identification (RFID) smart label technology, announced today that they are partnering to deliver high-value-added, turnkey production automation, inventory management, and asset management solutions to enterprises based upon Matrics' leading-edge RFID technology and Apriso's respected suite of real-time, collaborative supply and manufacturing applications. The two companies recently teamed with a Fortune 100 company to deploy a high profile RFID system.
"RFID is rapidly being recognized as a crucial technology for competitiveness in the 21st century," said Adam Bartkowski, president and CEO of Apriso. "The electronic tracking and management of inventory — from containers or pallets to components — provides substantial benefits in new business flexibility and cost structure that will rapidly differentiate a company from its competitors. Apriso's software is the world's first suite of enterprise software applications that can natively deal with the new business processes and massive amounts of real-time information that a fully-realized RFID deployment can generate, and our process-based production, warehouse, and inventory management applications, in particular, are perfectly matched with Matrics' technology."
An RFID tag is comprised of a tiny microchip programmed with a unique "identity" number. The Matrics RFID tags can be read from 10-30 feet at rates of 1000 tags per second from any orientation, resulting in the ability to collect data automatically without human intervention. Unlike bar code systems, RFID tags can be read even when hidden from view, a common situation in manufacturing or warehouse operations. Advanced asset management techniques, uniquely supported by Apriso software, enable the management of inventory and assets in real time.
"Apriso enterprise software allows customers to quickly realize the optimal strategic value from their RFID implementations," said Tom Coyle, Matrics vice president, supply chain solutions. "Matrics provides the most affordable and best performing RFID solutions; Apriso software turns the vast amounts of data being collected into actionable information to greatly impact the enterprise."
About Matrics Inc.
Matrics, based in Columbia, MD, is a provider of EPC™ compliant RFID technology and visibility solutions for supply chain, asset management and security. Patented wireless tracking technologies provide users with the most reliable and cost-effective solutions to provide the comprehensive visibility of assets throughout an enterprise. For more information, visit Matrics on the Web at www.matrics.com.
About Apriso Corporation
Apriso is the pioneer of a significant, new class of enterprise software that for the first time enables corporations to define, operate, and monitor supply, production and distribution processes in real time, without limits. Using an event-driven, distributed services model, Apriso's software provides such fine-grained visibility and control of both execution processes and key performance indicators that it is an ideal platform for accomplishing the most pressing business initiatives of today: compliance, product genealogy, in-line production sequencing, real-time, RFID-based asset management, lean supply, successive refinement (kaizen), six-sigma quality levels, demand-driven supply (the "Dell" model), and the adaptive enterprise.
Apriso's software, known as FlexNet®, integrates quickly, easily and naturally into an enterprise's existing software infrastructure, and effectively extends the scope of systems such as enterprise resource planning (ERP) into the furthest reaches of the extended production and supply network, as required. But unlike these systems, that are based upon a top-down, plan-driven operations orientation, Apriso's event-driven, process-based architecture accommodates any operational model that is based upon real-time collaboration between execution processes, real-time visibility into performance, or the requirement to define, refine, or immediately control workflows throughout the enterprise, and across borders.
Apriso was founded in 1992, and now operates in 11 countries across the Americas, Europe and Asia-Pacific. World headquarters are in Long Beach, California. Apriso's rapidly-growing customer base of more than 140 customers and over 400 installations worldwide includes such high-profile, global companies as General Motors, Lear, Honeywell, Microsoft, Merck, Lockheed Martin, ITT, Baker Hughes, Halliburton, International Paper, Rubbermaid, Matsushita Avionics Systems, Saint-Gobain, Pechiney, and British American Tobacco.
The company has received a total of $20.9 million in two rounds of venture funding. Investors include Wall Street Technology Partners LP, CMEA Ventures, LogiSpring Investment Fund, SAP Ventures, and Brentwood Venture Capital.
Apriso and FlexNet are trademarks of Apriso, Inc. and may be registered in certain jurisdictions. All other product and company names mentioned are the property of their respective owners and are mentioned for identification purposes only.
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