Savi Technology and IFS to Offer Supply Chain Software for Defense That Goes Beyond ERP systems


Savi Technology and IFS to Offer Supply Chain Software for Defense That Goes Beyond ERP systems

SCHAUMBURG, Ill., June 25 / / - Savi Technology, a provider of RFID-based total asset management solutions and services, and IFS Defense have announced they will partner to provide integrated real-time information solutions for the Aerospace and Defense market. The RFID-Enhanced Software Suite will improve visibility, accuracy and performance of in-transit assets and consignments throughout defense supply chains. The announcement was made at the Paris Air Show.

The partners will integrate Savi's Radio Frequency Identification (RFID) systems with IFS' ERP software, which will improve planning, decision-making and performance when transporting assets and consignments across the extended supply chain - from factory to foxhole. With more accurate and timely information, the combined solution will help reduce lead times and stock holdings, prioritize consignments and ensure that the right supplies are delivered to the right place on time.

The integrated solution will meet growing demands of the defense industry to improve the end-to-end, in-transit visibility and delivery of consignments in less time and at reduced costs across increasingly extended supply chains.

"Our customers increasingly want to augment their ERP solutions with real-time information across the entire breadth of the supply chain, to optimize cost savings and improve asset availability," said Iain Green, managing director of IFS Defense. "By integrating with the Savi SmartChain(R) Consignment Management Solution, our customers gain a fully supported RFID capability that goes beyond the traditional boundaries of ERP for in-transit visibility."

"Savi and IFS will work together to develop joint opportunities in the defense and supplier sector with a new capability that seamlessly tracks and optimizes consignments as they move from origin to final destination," said Chris Stephenson, deputy managing director of International Business for Savi Technology.

The Savi SmartChain(R) Consignment Management Solution is specially designed to automatically track and manage consignments tagged with RFID tags and other types of Automatic Identification and Data Collection (AIDC) devices, including bar codes, sensors global positioning systems. In addition to identification and location information, CMS provides automated alerts, environmental conditions, and analytics.

About Savi Technology

With over 17 years of experience, Savi is a leading provider of active RFID solutions for the management and security of supply chain assets, shipments and consignments. Savi Technology is a wholly-owned subsidiary of Lockheed Martin, with headquarters in Sunnyvale, Calif., and offices in Washington D.C., London, Singapore, and Melbourne. For more information, visit www.savi.com/.

Headquartered in Bethesda, Md., Lockheed Martin employs about 140,000 people worldwide and is principally engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems, products and services. The corporation reported 2006 sales of $39.6 billion. For additional information, visit www.lockheedmartin.com/.

About IFS and IFS Applications

IFS (OMXS: IFS), the global enterprise applications company, provides solutions that enable organizations to respond quickly to market changes. The solutions allow resources to be used in a more agile way to achieve better business performance and competitive advantage. IFS was founded in 1983 and now has 2,600 employees worldwide. With IFS Applications(TM), now in its seventh generation, IFS' component architecture provides solutions that are easier to implement, run, and upgrade. IFS Applications is available in 54 countries, in 22 languages. IFS has over 600,000 users across seven key vertical sectors: aerospace & defense; automotive; high-tech; industrial manufacturing; process industries; construction, contracting & service management; and utilities & telecommunications. IFS Applications provides extended ERP functionality, including CRM, SCM, PLM, CPM, enterprise asset management, and MRO capabilities. www.ifsworld.com/

IFS customers within the aerospace and defense industry include the British, Norwegian, and US defense organizations as well as the Eurofighter consortium. Commercial MRO shops and operators include Finnair, Bristow Helicopters, Aero-Dienst GmbH, Hawker Pacific, and Jet Turbine Services. In addition, IFS provides solutions to original equipment manufacturers (OEMs) such as General Dynamics, Lockheed Martin, BAE SYSTEMS, Saab, and GE Transportation.

IFS Applications is a trademark of IFS Industrial and Financial Systems. All other referenced company or product names are trademarks or registered trademarks of their respective owners.

Web site: www.ifsworld.com
www.savi.com
www.lockheedmartin.com

Source: IFS North America, Inc.

CONTACT: Sharon Grimley of IFS North America, Inc., sharon.grimley@ifsdefence.com; or Mark Nelson of Savi Technology,
+1-650-316-4872, mnelson@savi.com, for IFS North America, Inc.

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