IQXPERT Strengthens Professional Services Team With Acquisition
12 October 1999
IQXPERT Strengthens Professional Services Team With Acquisition of ExtraTime Technologies
ENGLEWOOD, Colo.--Oct. 11, 1999--ExtraTime Technologies Adds Knowledge Base of Extranet Development as well as Process Consulting and Integration Services to
IQXPERT's Leading CSM Solution
IQXPERT, a leading provider of component and supplier management (CSM) solutions, today announced the acquisition of ExtraTime Technologies, a leading provider of PDM and CSM consulting services and extranet application development. This acquisition enhances IQXPERT's professional service team with the addition of key technology resources as well as best practices in solutions delivery.
ExtraTime Technologies (www.extratime.com) is a leading consulting group in the CSM marketplace. ExtraTime's consulting staff has been working with IQXPERT and their customers on joint development projects since IQXPERT was founded.
IQXPERT offers the most advanced CSM solution on the market today through its leadership in three critical areas: software, content, and services. The experienced process and integration consultants from ExtraTime Technologies will help fulfill the service needs of IQXPERT's growing list of Fortune 500 customers. Randy Anderson, founder and principal of ExtraTime Technologies, joins the IQXPERT executive management team as vice president of professional services.
"Services are a critical element of a successful CSM deployment," explained Patrick Romich, CEO of IQXPERT. "The addition of the ExtraTime Technologies skills and resources to the IQXPERT professional services team allows our customers to benefit from years of experience deploying enterprise applications, and reinforces IQXPERT's commitment to providing world-class services to our CSM customers."
"ExtraTime Technologies and IQXPERT have had a very strong partnership and cementing this partnership through an acquisition is very exciting for everyone," said Anderson. "We've been working on joint Web development and implementation projects for some time and there is clearly synergy between our skills and IQXPERT's delivery of an enterprise-wide CSM solution. It made a lot of sense for us to become a member of the IQXPERT team and work closely together on future implementation of CSM solutions."
About ExtraTime Technologies
ExtraTime Technologies is a consulting group focused on assisting clients to leverage their information assets for increased productivity. They provide system integration support, Intra/Inter/Extranet development, application development, process improvement, and strategic counsel. ExtraTime Technologies' business-oriented strategy blends technology and industry insights for the highest level of success. For more information, visit the ExtraTime Web site at www.extratime.com.
About IQXPERT
Headquartered in Englewood, Colorado, IQXPERT is a leading provider of component and supplier management (CSM) solutions for manufacturers. IQXPERT leads the industry in the three critical CSM elements: software, content, and implementation services. IQXPERT's advanced software technologies, partnerships, service and deployment methodologies are acknowledged by the industry's leading analysts as resulting in the most rapid CSM implementation and the fastest return on investment (ROI) for manufacturing companies.
The company's ItemQuest solution provides decision support capabilities that are revolutionizing the way manufacturing companies manage components and suppliers, making their solutions a welcome and integral part of effective supply chain management. IQXPERT's unique approach to CSM implementation greatly simplifies and speeds deployment, and its open IT strategy minimizes the huge and costly effort required by other CSM systems. IQXPERT's customers include AMD, Lockheed Martin, Lord Corporation, Parker-Abex, Smiths Industries Aerospace, Solectron, SONY, and Space Systems/Loral. For more information, visit the IQXPERT Web site at www.iqxpert.com.
IQXPERT is a subsidiary of IHS Group, which is a leading international publisher of electronic information databases serving the focused information needs of a variety of technical, professional and business markets. IHS Group has annual sales of $ 450 million and employs 3,200 worldwide.