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EXE Technologies Receives Frost & Sullivan Award

23 February 2000

EXE Technologies Receives the Frost & Sullivan Market Engineering Leadership Award

    SAN ANTONIO--Feb. 22, 2000--By forming excellent strategic partnerships and technological alliances and by rapidly gaining prominent market share, EXE Technologies has earned a coveted leadership position within the warehouse management system (WMS) industry.
    Recognizing EXE's achievement, Frost & Sullivan has presented EXE Technologies, the world's WMS market leader, with the Market Engineering Leadership Award.
    "EXE accounts for almost 60 percent of the sales in the automotive vertical market, and EXE's market share in the food and retail segment is between 50 to 60 percent," said Vinita Jakhanwal and Rajiv Kumar, the Frost & Sullivan analysts covering the warehouse management system markets. "These outstanding market share percentages display EXE's strong leadership in the WMS markets."
    According to Frost & Sullivan research, EXE Technologies accounted for nine percent of the total WMS software vendor market and leads in the Tier One market segment, accounting for 16.8 percent of total Tier One market revenues. "EXceed software has a broad market 'footprint' and efficiently addresses the particular needs of the automotive, food, retail, and other vertical markets," state Jakhanwal and Kumar.
    Also augmenting EXE's market position is their international presence, which generates 40 percent of their annual revenues. Frost & Sullivan believes that EXE Technologies, with its global presence, will continue to rapidly capture international market share.
    Rounding out EXE Technologies' leadership position is the company's ability to expand product offerings by catering to Supply Chain Execution (SCE) markets. By offering eCommerce extensions to its EXceed applications suite, EXE's recent offering, EXceed eFulfillment System (eFS), will meet the time to market, high-order volume and stringent customer service requirements of global business-to-consumer and business-to-business eCommerce.
    With EXE's growing eCommerce customer base, including companies such as barnesandnoble.com, Groceryworks.com, Wellcome (Hong Kong) and Somerfield 24 X 7 (UK), and its strategic eCommerce relationships with IBM, Microsoft and i2 Technologies, Frost & Sullivan believes EXE Technologies is poised to lead in the delivery of eFulfillment Systems (eFS) to companies across diverse markets.

    About EXE Technologies

    EXE Technologies Inc. is the world's market leading provider of multi-channel distribution software, featuring eFulfillment Systems (eFS) and warehouse management systems (WMS). The company develops and markets EXceed, a multi-platform global software solution designed to support both eCommerce fulfillment and traditional distribution environments including: retail, grocery and wholesale firms; manufacturing firms; third-party logistics and outsourced eCommerce providers. EXE provides global coverage to its customers from its headquarters in Dallas, Texas, and from facilities in North America, the Middle East, Asia, Australia and Europe. Specific locations include Los Angeles, Philadelphia, Dubai, Hong Kong, Kuala Lumpur, Singapore, Seoul, Tokyo, Melbourne, Amsterdam, Paris and London.
    For more information on EXE Technologies Inc., call 214/775-6000, or visit EXE on the World Wide Web at http://www.exe.com

    About Frost & Sullivan

    Frost & Sullivan, an international marketing consulting and training firm, presents Market Engineering Awards to companies that demonstrate the diligence, perseverance, and dedication required to develop a successful business plan and excel in the increasingly competitive global marketplace. Frost & Sullivan rigorously analyzes specific criteria to determine Market Engineering Award recipients in a variety of regional and global market landscapes. Founded in 1961, Frost & Sullivan is recognized as a global marketing research and solution leader, with offices located worldwide: Silicon Valley, New York, Texas, London, Paris, Frankfurt, Beijing, Tokyo, Singapore, and Mumbai. For further information contact www.frost.com.