Inchcape Chooses V3 Systems as Supply Chain Execution Partner for Automotive Logistics; V3 Systems to Ensure Inchcape's Leadership in Multiple Automotive Markets

    CHARLOTTE, N.C. & SYDNEY, Australia--July 14, 2003--V3 Systems, provider of supply chain execution software for global manufacturers and 3PLs, announced today that Inchcape Motors Australia Limited has chosen V3 Systems as its technology partner to drive business growth through advanced supply chain execution and inventory management. The choice of V3 Systems by Inchcape advances V3 Systems position in the international Automotive Industry and 3PL market. Supply chain integration partner Holon Corporation will assist in the implementation of V3 Systems at Inchcape Motors.
    Through its logistics operation, AutoNexus Pty Limited, Inchcape offers a comprehensive range of services to Automotive sector manufacturers and dealers around Australia, including Parts Logistics, Vehicle Logistics, Inventory Management, and Shared Services. AutoNexus services a number of manufacturers from around the globe, including the UK, France, Japan, Korea and Malaysia, and delivers to over 300 dealers across Australia, as well as to New Zealand and other countries.
    Inchcape will initially implement V3 Systems to manage its Australian parts distribution operation that supports a network of manufacturers, auto dealerships and service centers for such companies as Subaru, Peugeot, Proton, Unipart, and Ssangyong. Using V3 Systems technology, Inchcape will realize increased operational efficiencies through V3 Systems' business process automation and integrated RF Scanning technology. V3 Systems supply chain execution and WMS technology will automate such activities as put-away, picking & cycle counting, and drive efficient workforce management. Inchcape's customers will benefit from real-time order visibility, event management, and accelerated order turnaround. Inchcape will also benefit from order visibility and event management to load-balance its inventory, carry less latent inventory, and deploy parts faster across its network of facilities.
    "The selection of the V3 System is an important investment in the future development of AutoNexus, ensuring the delivery of quality logistic services to our automotive customers," said John McConnell, Managing Director, Inchcape Motors Australia. "We believe we have chosen a 'best-in-class' solution that combines the latest in both supply chain execution and warehouse management systems."
    "Inchcape's selection of V3 Systems for its automotive customers further validates V3 Systems in the automotive industry," said Ashley Campbell, President and CEO of V3 Systems. "V3 Systems offers Inchcape the ability to link individual facilities in an enterprise distribution network, providing inventory visibility and control for improved customer service and operational savings benefits to its customers."

    About Inchcape

    Inchcape is an international automotive services group providing quality representation for its selected manufacturer partners, a choice of marketing channels, and products for its retail customers. Its operations are focused on the UK, Greece, Belgium, Australia, Hong Kong, and Singapore markets, with key manufacturing partners that include Toyota/Lexus, Ferrari/Maserati, Jaguar, BMW, Subaru and Land Rover. AutoNexus Pty Limited is a wholly owned subsidiary of Inchcape Motors Australia Limited, which is in turn wholly owned by Inchcape PLC. Inchcape Motors Australia Limited (IMA) has been operating in Australia since 1991. Activities include the import and distribution of Subaru parts and vehicles; new and used vehicle retailing of Jaguar, Volvo, Volkswagen, and Subaru vehicles; finance activities; logistic operations; and business services. For more about visit www.inchcape.co.uk or www.autonexus.com.au.

    About Holon Corporation

    Headquartered in Singapore, Holon Corporation services the Asia-Pacific, Europe, and Africa regions. The Holon Corporation founding members have leveraged their extensive experience in large-scale, multi-regional Supply Chain Execution and ERP technology deployments combined with extended process integration to establish a team of highly skilled professionals that have an open and collaborative approach. Holon Corporation focuses on the provision of supply chain related services and products to Supply Chain Integrators (3 PLs & 4 PLs) and the Automotive and High-Tech industries. For more information please visit www.HolonCorp.com.

    About V3 Systems, Inc.

    V3 Systems provides supply chain execution software for complex, mission-critical applications, with a unique approach to modeling those systems around a customer's business processes. V3 Systems is one of the first to provide web-based solutions that can be rapidly deployed in complex multi-user environments that encompass Inbound, Outbound, and Reverse Logistics requirements with Supplier-Owned/Vendor-Managed Inventory capabilities. V3 Systems is a Microsoft Certified Solution Provider, and all its products employ a rich SQL Server and .Net Technical Architecture that is compliant with the latest Microsoft protocols. V3 Systems, based in Charlotte, N.C., has offices and operations throughout North America, Europe, Asia, and Australia. For more information about V3 Systems' simple, fast implementation of supply chain execution solutions, visit www.V3Systems.com.