Contact Information: Media Contact: Juliet Travis (510) 452-3771 Email Contact
Maxager Selected as Finalist for 2007 CODiE Awards in Two Key Software Categories: Business Intelligence and Finance
Maxager Technology Stands Out Among 1200 Nominations in Record-Breaking Software Awards Competition
| Source: Maxager
SAN FRANCISCO, CA -- (MARKET WIRE) -- January 16, 2007 -- Maxager Technology today announced that
its velocity-driven enterprise profit optimization solution has been named
as a finalist in two categories in the Software & Information Industry
Association's 22nd Annual CODiE Awards: Business Intelligence, awarded to
the solution that best facilitates the analyzing of quantitative business
data in order to make strategic decisions; and Best Finance Solution that
recognizes solutions that best automate business financial management.
After a two-month judging process which included entries from well-known
software makers such as Business Objects and Intuit, Maxager was selected
to advance to the finals.
"The 2007 CODiE Finalists represent real winners, even at this stage of the
contest," said Ken Wasch, SIIA President. "Competition is fiercer than ever
and that makes selection as a CODiE Finalist a major achievement. All the
companies on this year's list should feel justifiably proud of their
recognition."
The first round of judging was conducted by software and information
industry trade press, mainstream technology writers, analysts, consultants
and subject-matter experts, including luminaries such as Amy Wohl and David
Coursey.
"We're honored that industry experts have recognized Maxager in not just
one, but two important categories: business intelligence and finance," said
Michael Rothschild, Founder and CEO of Maxager. "Our industrial customers
want to optimize the profitability of each order every day across their
entire enterprise. By combining our state-of-the-art Web-based BI
application with the finance innovations embedded in our patented Profit
Velocity® technology, Maxager is helping customers achieve just that; an
entirely new level of corporate performance management and profitability.
We're delighted that our colleagues in the software industry have
recognized Maxager's breakthrough contribution."
The final judging will be done by SIIA voting members and will be announced
April 17, 2007 at the CODiE Awards Gala in San Francisco, CA. For a full
list of finalists, go to http://www.siia.net/codies/2007/finalists.asp.
About SIIA
The Software & Information Industry Association is the principal trade
association for the software and digital content industry. SIIA provides
global services in government relations, business development, corporate
education and intellectual property protection to more than 800 leading
software and information companies. More information about SIIA can be
found at www.siia.net.
About Maxager Technology
Founded in 1996, Maxager's patented enterprise profit optimization (EPO)
solutions help leading chemicals, metals, electronics and other complex
manufacturers such as Dow Chemical Company, Owens-Illinois, Siliconware
Precision Industries and WCI Steel increase cash and profit worth 3-5% of
revenue. Uncovering profit gain opportunities that are obscured by
traditional "margin only" analysis, Maxager uses both margin and production
velocity information to analyze history and generate realistic forward
modeling that provides management teams an entirely new level of control
over Return on Assets (ROA) -- the key driver of shareholder value.
Ideal for manufacturers with a wide range of products, customers and
assets, Maxager's unique technology calculates precisely how fast each
product, customer, or market generates cash and profit from the assets,
allowing managers to truly optimize product mix & customer mix
profitability, sales & profit planning, strategic pricing, and production
planning. New customers typically begin reaping benefits within 60 days.
Maxager is headquartered near San Francisco with offices in Europe and
Asia. For more information, visit www.maxager.com or call +1.888.MAXAGER.
© 2007 Maxager Technology. All rights reserved. Maxager is a registered
trademark of Maxager Technology, Inc. All other trademarks are the sole
property of their respective owners.