Product Specification Software runs on Internet.

Press Release Summary:



Enhancements to SyncroSpec(TM) Release 8 software suite include tools for automating and accelerating collaborative product changes, streamlined bills of material variants, and query and reporting. Latest release includes new versions of company's SyncroTeam(TM), SyncroChange(TM), SyncroBuild(TM), and SyncroSource(TM) Web applications. All capture business intelligence with interactive forms, bid packages, projects, parts, assemblies, and multiple bills of material.




Original Press Release:



Product Sight Announces SYNCROSPEC(TM) Release 8



Comprehensive Release Adds Powerful New Features for Concurrent Specification Management; Enhances Cross-functional Collaboration and Streamlines Product Release

Bellevue, WA - June 10, 2002 - Product Sight, the leading provider of Concurrent Specification Management software, today announced availability of Release 8 of its SyncroSpec(TM) software suite, encompassing new versions of its SyncroTeam(TM), SyncroChange(TM), SyncroBuild(TM), and SyncroSource(TM) Web applications. This extensive new release adds powerful capabilities for automating and accelerating collaborative product changes and streamlined bills of material variants, along with comprehensive query and reporting capabilities, all centered around Product Sight's proven enterprise security architecture, to help improve extended enterprise collaboration to enhance their competitiveness.

"We're getting a very enthusiastic response from our customers on this new release," states Bruce Winegarden, Product Sight president and CEO. "What these companies have in common is a need for visibility and synchronization of changing product specifications across globally distributed facilities. The systems and procedures that once worked in a single location or traditional enterprise have become an obstacle, especially with growing pressure to even further compress development cycle times."

SyncroSpec web-applications target businesses that create sophisticated engineered products in discrete manufacturing environments. Where product data management (PDM) software focuses primarily on vaulting computer-aided design (CAD) files and related data, SyncroSpec Concurrent Specification Management solutions make specifications more meaningful for the many different user roles responsible for creating or interpreting information that defines quality products and processes. Comprehensive specifications capture valuable business intelligence with interactive forms, bid packages, projects, parts, assemblies, multiple bills of material, and all of their supporting documents. These intuitive and straight forward web-applications let employees, suppliers, and customers participate in adding business value from concept through sourcing, production, and quality delivery. With total business concurrency, companies achieve improved specification integrity, rapid innovation, and accelerated product delivery with significant cost-saving and time-to-market advantages.

In addition to supporting strict configuration management best practices and the maintenance of quality objectives, such as Six-Sigma, ISO-9000, and FDA certification requirements, SyncroSpec Release 8 builds on its proven ease-of-use and broad feature set to add additional productivity and security enhancements, including:

- SyncroChange adds powerful web-based business process management capabilities for collaborative decision-making and execution across organization and supply chain boundaries. This new release adds multiple types of change process objects in addition to Engineering Change Orders (ECO). A new visual control panel provides excellent visibility for tracking problems, changes, reviews, or deviations to closure in record time.

- SyncroBuild introduces several innovations that streamline the handling of Bill Of Material (BOM) variations for different purposes, such as multiple manufacturing plants, as-planned, as-ordered, or as-built lifecycle stages. New enhancements allow users to easily view and navigate multiple BOM levels while maintaining optimal part interchangeability and reuse across multiple assemblies or product architectures.

- All four SyncroSpec web-applications benefit from comprehensive query and reporting capabilities, including full query and reporting on user defined attributes, flexible configuration of display tables, and the ability to sort results.

- Complementing proven security protocols for fully encrypted Internet communication and certificate based authentication, SyncroSpec Release 8 adds alternative secure firewall architectures that assure corporate databases and file systems are never exposed to outside agents.

About Product Sight Corporation

The company develops and sells packaged enterprise software to help engineering and manufacturing companies synchronize product specifications across organization and supply chain boundaries. Our products enable engineering and manufacturing businesses to deliver products with the greatest customer value, satisfaction, and safety at competitive costs. SyncroSpec Concurrent Specification Management applications extend configuration management beyond engineering and document control departments so that everyone who uses a product specification in their everyday activities can keep track of how it was applied and minimize the impact of constant specification changes.

Founded in 2000, Product Sight is a privately held company headquartered in Bellevue, Washington. For more information on Product Sight solutions, call (603) 429-1252 or visit productsight.com.

CONTACT:

Al Gaskill
Vice President of Business Development
Product Sight Corporation
al.gaskill@productsight.com
(603) 429-1252
(603) 429-1427 FAX

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