STOCKHOLM, Sweden, Oct. 2, 2001 (PRIMEZONE) -- Intentia International AB (publ) (XSSE:INTB) is pleased to announce that Grant Prideco, Inc. (NYSE:GRP) has signed a contract to license and implement Intentia's Movex e-collaboration solution in its Houston, Texas headquarters and multiple facilities around the globe. Implementation of the full suite of Movex applications will begin in October. The enterprise system will serve 1,500 users. License value for the deal totals USD 1.8 million.
According to Grant Prideco Director of Information Technology, Scott Turner, the company is seeking to integrate its complex global operations, which include manufacturing in eight nations as well as sales, service and repair in twenty countries. "Our objective is to improve business processes and increase supply chain visibility across our worldwide operations in order to better serve our customers. Of the software options we considered, Movex offered the best fit with our business model because of its strong manufacturing core and collaborative supply chain planning and scheduling capabilities. In addition, Intentia gave us a strong commitment that they would provide total support, from planning and implementation, through follow-up and maintenance. This commitment was a key decision factor."
Mr. Turner adds: "With the implementation of Movex, we are looking to achieve specific goals that will contribute to our overall productivity and bottom-line profitability. For example, integrating our supply chain over multiple sites will enable us to improve inventory tracking and control, reduce work-in-process, and implement advanced planning, scheduling and production processes." Among the collaborative supply chain applications to be implemented by Grant Prideco are Movex Supply Chain Planner, Advanced Planning and Production, and Multi-Site Planner.
Commenting on the upcoming engagement, Mike Nutter, President and CEO of Intentia Americas, notes, "We are delighted to welcome Grant Prideco into the Intentia community and we are confident that Movex will provide the efficiencies and visibility required to integrate its far-flung operations. This has been the experience of thousands of our customers worldwide. The Intentia team looks forward to working closely with Grant Prideco to ensure the project's success."
About Grant Prideco
Grant Prideco, Inc. is the world leader in drill stem technology development and drill pipe manufacturing, sales and service, in addition to being North America's pre-eminent source for engineered connections and premium tubulars. Headquartered in Houston, Texas, the company's products are designed and manufactured to provide exceptional performance under challenging conditions and include all components of the drill stem between the rig floor and the drill bit.
Growing rapidly through a series of acquisitions in the late 1990s, Grant Prideco currently has manufacturing facilities in the United States, Canada, Mexico, Venezuela, The Netherlands, Singapore, Indonesia and Italy, and also maintains 30 sales, service and repair locations in 20 countries, enabling the company to respond quickly to customer needs anywhere in the world.
For more information, please visit www.grantprideco.com
About Intentia
Intentia is one of the world's leading suppliers of collaboration solutions. Our vision is to become the leading global collaboration solutions vendor by supplying our customers with tomorrow's solutions today. Intentia offers a one-stop shop for all collaboration needs within numerous industry segments. We develop, implement and maintain our own solutions to produce the highest possible level of customer satisfaction.
The Intentia Solution consists of applications covering customer relationship management (CRM), enterprise management (ENM), supply chain management (SCM), business performance measurement (BPM), e-business and value chain collaboration (VCC). Intentia has more than 3,200 employees and serves over 3,400 customers in the manufacturing, maintenance and distribution industries via a global network spanning some 40 countries. Intentia is a public company traded on the Stockholm Stock Exchange (XSSE) under the symbol INT B.
Visit Intentia's Web site at www.intentia.com