Continental Tire North America Inc. Selects Siemens Business Services to Provide SieQuence - TM - Solutions
RYE BROOK, N.Y.--March 5, 2002--Siemens Business Services, Inc. (SBS), one of the world's leading providers of IT infrastructure solutions and services, today announced that Continental Tire North America Inc. (CTNA), producer of high-performance tires for most of today's premium vehicles, has awarded SBS a $6 million contract for SAP application hosting and IT architecture upgrades.
These technological advantages, aimed at enhancing CTNA's enterprise performance, are selected from the suite of services available through SieQuence state 3 solutions, designed to help assure IT availability and performance while maximizing business application.
Specifically, the contract includes SAP application hosting that supports up to 2,500 CTNA employees, along with quality assurance, production and disaster recovery operational services to support their current SAP 3.1 environment as well as provide the appropriate environment to enable the future SAP software upgrade to version 4.6 Additional services include the implementation and support of a unique archiving/imaging and workflow solution, as well as full disaster recovery plan development, hardware, operational services and periodic testing.
"Through SieQuence, SBS brings business value to a company's IT infrastructure by implementing applications that result in revenue generation," said John McKenna, CEO, Siemens Business Services, Inc. "We are pleased to add CTNA to our growing roster of firms that have understood and taken advantage of the unique IT solutions available through our four SieQuence solutions options and specifically through state three enterprise performance. Siemens Business Services, Inc. is proud to be the first IT consulting and services company to offer Fortune 500 companies a clearly defined framework that marries engagement flexibility with the ability to predict and manage IT costs to create maximum business value."
SieQuence is a unique IT services solution comprised of four states which allow IT services to be tailored to match a client's preferences, requirements, capabilities and business objectives. In the SieQuence solution, each state builds upon the capabilities of the previous state, from solving immediate problems to avoiding incidents, and achieving maximum availability for mission critical applications. The four states of SieQuence are summarized as:
| -- | State one: Responsive Solutions - Solutions aimed at responding to and restoring operations after a disruptive event. |
| -- | State two: Proactive Management - Through the integration of network management knowledge management systems provide a solution that helps prevent and eliminate unplanned future events. |
| -- | State three: Enterprise Performance - A suite of services that support the maximum application availability and performance. |
| -- | State four: Global Network of Innovation(TM) - A future solution that will build the innovative SieQuence solution into the market leading products and services offered by the other divisions of Siemens AG. |
"By working with Siemens Business Services, we are able to achieve our corporate objective of increasing the department's effectiveness while optimizing our IT expenses" said Geoffrey MacDermott, Director, Information Technology Operations for CTNA. "With over 2,500 seats throughout North America, our employees have substantial needs requiring enormous precision and execution. Siemens Business Services was able to meet our demands in regards to cost effective architecture upgrades, archiving/imaging solution implementation as well as disaster recovery operational services."
About Continental Tire North America, Inc.
Based in Charlotte, N.C., Continental Tire North America, Inc. (www.continentaltire.com) is a group company of Germany-based Continental AG, a leading systems supplier to the automotive industry. With annual sales of approximately $1.6 billion, Continental Tire North America, Inc. has 9,300 employees and operates plants in Bryan, Ohio; Charlotte, N.C.; Mayfield, Ky.; Mt. Vernon, Il.; Barnesville, Ga.; and San Luis Potosi, Mexico. It is a major supplier to the original equipment and replacement tire markets, selling Continental, General, Euzkadi and private brands in NAFTA.
About Siemens Business Services, Inc.
Siemens Business Services is one of the world's leading service providers in the area of electronic and mobile business. With its comprehensive expertise and specific sector knowledge, Siemens Business Services offers solutions and services from a single source - from consulting through system integration to responsibility for customers' entire business processes and management of IT infrastructures. Siemens Business Services is part of Information and Communications (I and C), a business segment of Siemens AG. Siemens is a global powerhouse in electrical engineering and electronics with more than $85 billion in sales. For more information, please visit Siemens Business Services on the Web at www.sbs-usa.siemens.com
About Siemens AG
Siemens AG , headquartered in Munich, is a leading global electronics and engineering company. It employs some 450,000 people in 193 countries, and reported worldwide sales of more than $85 billion in fiscal 2001 (10/1/00 - 9/30/01). The United States is Siemens' largest market, with nearly 80,000 employees and sales of $18.9 billion for fiscal 2001. For more information about Siemens in the U.S., go to www.usa.siemens.com
The statements in this news release are based on current expectations. These statements are forward-looking and are, therefore, subject to certain risks, uncertainties and assumptions.
Many factors could cause the actual results, performance or achievements of Siemens to be materially different from any future results, performance or achievements that may be expressed or implied by such forward-looking statements, including, among others, changes in general economic and business conditions, changes in currency exchange rates and interest rates, introduction of competing products by other companies, lack of acceptance of new products or services by Siemens' customers targeted by Siemens worldwide targeted customers, changes in business strategy and various other factors.
Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in the relevant forward-looking statement as anticipated, believed, estimated, expected, intended, planned or projected. Siemens worldwide does not intend, and does not assume any obligation, to update these forward-looking statements.
Siemens, Siemens Business Services, SieQuence and Global Network of Innovation are trademarks or registered trademarks of Siemens AG or its affiliated companies.