STOCKHOLM, Sweden, Sept. 5, 2000 (PRIMEZONE) -- Intentia International AB (publ). (XSSE:INTB) has signed an agreement with Elkem ASA to implement Movex in all of Elkem's 30 divisions. Initially, the project will focus on the logistics processes between Elkem's production units and its customers. Elkem's ambition is that Movex will then be available for implementation in the company's wholly and partly owned subsidiaries around the world. When completed, in approximately two to three years, Movex will represent a significant portion of Elkem's business systems. This represents one of Intentia's largest contracts to date.
Elkem, one of the world's largest manufacturers of metals and other materials in its industry, is now in the process of gradually carrying out preliminary projects for a number of business and work processes. Movex is being implemented as the solution for the logisitics processes from the production units to customers. "We are very pleased with the great confidence that Elkem has demonstrate in us, especially in light of the tough competition we faced against other leading suppliers," says Markus Jakobson, Managing Director, Intentia Sverige/Norge. "This contract is additional evidence of Intentia's very strong competitive power and that we have the capacity to handle very large and complex implementations."
"With Intentia's help we are going to develop and improve the strategic business processes throughout the company," explains Espen Falla, Director, Shared Services, Elkem ASA. "One of the reasons we selected Intentia is that they can deliver a component-based, modern integrated solution which includes support for processes such as production planning, order management, distribution and logistics, all integrated with a complete e-business solution. In addition, Intentia has a consultancy organization that can effectively manage the actual implementation."
The concept that Elkem has decided to implement focuses specifically on Intentia's e-business solutions, which ensures that Elkem will have access to the latest technology for Internet-based business processes. This deal is expected to have a gradual positive impact on Intentia's revenue beginning in the fourth quarter of this year.
About Elkem ASA
Elkem is one of the world's leading suppliers of metals and materials. Elkem has approximately 4,100 employees, of which approximately 3,000 are in Norway, as well as 26 wholly or partly-owned companies/production plants in Europe, North and South America. In addition, the company has a comprehensive network of sales offices and agents covering the most important markets in Europe and Asia. Elkem's main products are ferroalloys, silicon metal, aluminum, carbon and microsilica. The products are essential in the manufacturing of a wide range of products needed in today's society. Elkem serves the steel, foundry, chemicals, electronics, and aluminum industries.
The Group is one of Norway's largest industrial companies, and is listed on the Oslo Stock Exchange and the Frankfurt Stock Exchange.
About Intentia International AB (publ).
Over the past few years, Intentia International AB has concentrated on positioning itself to meet the demands it anticipated would arise from the new e-economy era. Intentia has developed its Movex product from a traditional ERP system to a complete e-collaboration solution that can manage all the demands of the new economy. Movex offers Intentia's customers the key to success, with its applications for customer relationship management (CRM), enterprise resource planning (ERP), supply chain planning & execution (SCPE), partner relationship management (PRM), business performance management (BPM) and e-business.
Intentia is well-positioned to respond to market needs when the "e" (electronic) evolves into "c" (collaboration), working hard to satisfy customers through its organization of more than 3,800 professionals serving in excess of 3,500 customers in over 40 countries around the world. Intentia is a public company traded on the Stockholm Stock Exchange (XSSE) under the symbol INT B.
Visit Intentia's Web site at www.intentia.com