Arzoon Acquires Best-in-Class Event Management
Technology
FOR IMMEDIATE RELEASE
Arzoon Acquires Best-in-Class Event Management Technology
Arzoon Acquisition of Vigilance Enhances Event and
Performance Management Capabilities, Helping Organizations
Better Manage Business Process Execution
SAN MATEO, Calif. Jan. 20, 2004 -- Arzoon, Inc., a leading
provider of Supply Chain Process Management (SCPM)
technology, today announced the acquisition of the assets of
Vigilance, Inc. Vigilance, is the leader in the supply chain
event management space and provider of the only business
process management software that enables real-time
detection, analysis, collaboration and resolution of key
business drivers that can impact bottom line results.
Vigilance proactive event management solutions will be
available as an optional module of Arzoon LIFE(TM) or as a
stand-alone product. With this technology acquisition,
Arzoon raises the bar and sets a new standard for business
process management in the Global Supply Chain arena.
"The acquisition of the Vigilance product represents a
continued commitment by Arzoon to be the leading provider of
Supply Chain Process Management systems throughout the
world," said Bill Sickler, CEO, and president of Arzoon.
"Real-time exception management capabilities have become a
critical component to proactively managing events that can
affect the bottom-line in the supply chain. By combining
Arzoon's industry-leading LIFE(TM) platform with the market
leading real-time exception management capabilities of
Vigilance, we are helping our customers achieve value
through increased supply chain velocity and performance."
Increasingly, Global 2000 companies are assembling
world-class capabilities to lower cost as they deliver from
around the globe to their customers. With so much
competitive pressure to execute better, enterprises are
finding the weaknesses in their global supply chain and
implementing solutions that can seamlessly scale to help
them grow and be competitive. To be successful in this
environment, manufacturers, suppliers, distributors and
third-party organizations need to gain control of their
supply chains, apply best practices in business process
management, and synchronize their data within a unified
system. Arzoon is well positioned to provide this
capability, enabling organizations to source where they want
and deliver where they need.
"The acquisition of these technologies and solutions,
combined with the Vigilance's team's domain expertise in
event and business process management, solidifies Arzoon's
position as the leader in providing global supply chain
management solutions. By extending the event monitoring
capabilities and analytics of our offering, we can collect
events from our customers existing systems and provide
solutions that help them manage a greater portion of supply
chain activities in such areas as proactive carrier
management, supplier management, and returns management. As
a result, organizations will be able to obtain value through
lower transportation costs, inventory reductions, improved
customer service and integrated security and trade
compliance," said Jerry Overcash, EVP of Sales for Arzoon.
About Arzoon, Inc.
Arzoon is a leading provider of Supply Chain Process
Management (SCPM) technology. Arzoon's web-native solution
suite, Arzoon LIFE(TM), provides visibility, control, and
compliance across the supply chain for Global 2000 companies
operating in the world's most complex and dynamic markets.
Arzoon LIFE(TM) gives its' customers the power of global
execution by integrating their partner, trade, financial and
logistics organizations into a single Internet connected
environment whereby they can use best practices to manage
and accelerate supply chain processes. Arzoon LIFE(TM)
software is used by of leading companies around the world in
the consumer manufacturing, retail, high technology,
transportation services, and manufacturing industries.
Arzoon means Business without Boundaries.
Founded in September 1999, Arzoon, Inc. maintains its
worldwide headquarters in San Mateo, Calif. and has
operations and offices located throughout North America and
Europe. Arzoon can be contacted in the U.S. at
+1.650.522.6000 or at www.arzoon.com
Contact:
Stephanie Piche
Arzoon, Inc.
Phone: 650-522-6085
http://www.arzoon.com
s.piche@arzoon.com
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