ATLANTA and CINCINNATI, June 17, 2002 (PRIMEZONE) -- Ross Systems, Inc. (Nasdaq:ROSS), a leading provider of enterprise management software and e-business solutions for process manufacturers, announced that JTM Food Group has licensed the iRenaissance enterprise suite of software solutions. JTM produces food products for the food service industry, retail customers, school food service and the military.
JTM has experienced strong growth recently with the addition of school food service contracts awarded by the federal government and state agencies. The expanded business has created many new opportunities for JTM and also heightened the need for advanced quality management, traceability, and detailed inventory reporting.
"The strong growth throughout our business and our involvement in the federal school distribution program has placed increasing demands on our reporting capabilities," said Bill Meier, Chief Financial Officer for JTM. "As we take pride in our ability to maintain stringent quality, traceability and customer service requirements, we felt the entry into the ERP world would provide a cost effective solution to meeting the ever increasing demands of the business. After a thorough evaluation of leading packages, we chose the iRenaissance suite from Ross Systems because of its deep functional fit in the food industry. We feel iRenaissance will address our specific operational requirements and provide a higher level of detail analysis and reporting functions needed to comply with future government regulations."
In addition to the increased external reporting requirements, JTM has also identified new internal reporting challenges. "Due to the increasing variety of our products," added Mr. Meier "we have more demands to monitor and analyze the production efficiencies of each product line. We're confident that we can continue to find hidden opportunities for enhanced profitability. Just as other Ross customers have done, we'll leverage the advanced cost analysis capabilities of iRenaissance to establish standard efficiency goals and then manage performance to those goals."
"We are pleased to add another leading producer of meat products to our growing list of food and beverage customers," said J. Patrick Tinley, Chairman and CEO of Ross Systems. "Our selection by JTM Food Group further solidifies our position as a leading provider of enterprise and quality management, planning, costing, and e-commerce solutions for mid-tier food companies."
About JTM Food Group
Headquartered in Harrison Ohio, a suburb of Cincinnati, JTM produces food products for the food service industry, retail customers, school food service and the military. JTM distributes products nationally and world-wide to military commissaries. For more information, please contact JTM at (513) 367-4900 or via e-mail at sales@jtmfoodgroup.com or visit www.jtmfoodgroup.com.
About Ross Systems
Ross Systems, Inc. listed as (Nasdaq:ROSS) since 1991, is a global supplier of business software solutions designed specifically for food and beverage, life sciences, chemicals, metals, natural products and other process manufacturers. The Company's iRenaissance family of software solutions is a comprehensive, modular suite including enterprise resource planning (ERP II), human resources, financials, materials management, manufacturing and distribution, supply chain management (SCM), customer relationship management (CRM), electronic commerce, business intelligence and analytics.
Designed for process manufacturers and implemented by more than 1000 customers worldwide, iRenaissance collaborative business applications enable companies to leverage the Internet to optimize the management of internal operations and external channels with suppliers, distributors, brokers and customers.
Ross Systems has more than 25 offices around the world to serve its customers. For more information contact (770) 351-9600, (877) 767-7462, info@rossinc.com, www.rossinc.com.
Statements in this announcement which express that the company "believes", "anticipates", "expects", "plans to..." or "should begin to..." as well as other statements which are not historical fact, are forward looking statements within the meaning of the private securities litigation reform act of 1995. Actual events or results may differ materially as a result of risks and uncertainties, including quarterly fluctuation of software product license revenue, weakening of customer demand for enterprise systems, the company's maintenance of a minimal backlog, the uncertainty of demand for new product offerings and other risks and uncertainties described in reports filed by the company with the SEC, including the annual report on form 10-K filed for the year ended June 30, 2001 and the quarterly reports on form 10-Q1 for the periods ended September 30, 2001, December 31, 2001 and March 31, 2002.
iRenaissance and GEMBASE are registered trademarks of Ross Systems, Inc. Throughout this release, software and hardware products are mentioned by name. In most, if not all, cases, the companies that manufacture the products claim these product names as trademarks. It is not our intention to claim these names or trademarks as our own.