iWatt and SEMICOA Choose Tensoft(R) Fabless Semiconductor Management (FSM) to Manage Manufacturing Operations
Tensoft Expands Its Reach Beyond Its Fabless Roots With These Agreements
| Source: Tensoft, Inc.
SAN JOSE, CA--(Marketwire - December 11, 2007) - Tensoft, a leading end-to-end ERP and supply
chain solution provider for the semiconductor industry, announced today two
new customers for its Tensoft Fabless Semiconductor Management (FSM)
software. iWatt, Inc., a leader in digital power conversion IC technology
and SEMICOA, a leading designer and developer of small signal and power
transistors for high-reliability military/aerospace and commercial markets,
will implement Tensoft FSM software to increase profitability, improve
customer service and manage production with greater visibility and control.
Both companies are examples of the evolution taking place in the support
Tensoft offers to the changing global semiconductor industry.
One part of Tensoft's evolution is broader support for the variety of
business models semiconductor companies are using today. "We're seeing a
significant increase in the variety of approaches used in the industry --
semiconductor companies that are also software companies, semiconductor
companies that are also IP licensing companies, or semiconductor companies
that incorporate their chips into boards or modules as sellable products,
not just as samples. These are not incidental parts of their business
today -- they are strategies for going to market more quickly and
profitably," explained Bob Scarborough, Tensoft CEO. "These companies, like
iWatt, not only have significant fabless operations requirements -- they
also require support for non-traditional semiconductor revenue management
and production processes as well."
"Because iWatt consists of both a power management IC business and a wholly
owned subsidiary that manufactures power-conversion modules, we need to
manage both an Inverted Bill of Materials for fabless production and a Bill
of Materials for discrete manufacturing," said iWatt V.P. Operations, Alex
Sinar. "Tensoft has been able to help us address this in a systematic,
scalable approach. We consider this to be a critical success factor for
iWatt's growth, particularly as our production volume continues to ramp."
A second part of Tensoft's evolution is expanded support for internal as
well as external manufacturing. "The semiconductor industry is moving
toward the fabless production model -- but there is still need for in-house
production as well," Tensoft's Scarborough continues. "We support
manufacturing execution as well as supply chain functionality, so we have
always been able to support detailed lot tracking and production
transactions. In fact, our customer base includes companies that do
portions of their production process internally, like SEMICOA, as well as
companies that utilize the Tensoft FSM vendor portal to support smaller
outsourced production vendors' integration into the overall manufacturing
process."
"SEMICOA selected Tensoft to support its high reliability semiconductor IDM
business over other ERP-MES systems because of the industry knowledge,
experience and value offered by Tensoft's complete and well established
solution," said SEMICOA CEO Perry Denning. "Other ERP software systems
lacked the understanding of the semiconductor's Inverted Bill of Materials
that the Tensoft solution is configured to address. Tensoft has a capable,
proven, and cost effect product that addresses our current demands and
expected future needs. We are confident that Tensoft will enable SEMICOA
to continue to grow to new records in revenue and profitability, providing
our customers with industry leading products and services."
About FSM
Tensoft Fabless Semiconductor Management (FSM) is a web-based solution,
designed to support the fabless industry's unique financial, manufacturing
and supply chain needs using a highly scaleable design. With customers from
start-ups to public companies, Tensoft FSM delivers a comprehensive
end-to-end solution with a fast Return on Investment (ROI).
About iWatt, Inc.
iWatt, Inc. is a leading provider of innovative power management and
conversion solutions, providing both semiconductor and power system
products for the computer, communication, consumer and industrial market
segments. The company's patented digital control and power system
architecture expertise raises the bar in power supply price/performance
metrics. iWatt is currently working with market leaders in the computing,
telecom, networking, flat panel display and portable device markets to
develop high density, high value AC-DC and DC-DC power supplies. iWatt is
based in Silicon Valley with headquarters in Los Gatos, CA and offices in
Fort Collins, CO; Osaka, Japan; Taipei, Taiwan; Shenzhen, China; and Hong
Kong.
About SEMICOA
SEMICOA is a high reliability manufacturer of power and small signal
transistors for the Military and Aerospace market. SEMICOA was recently
ranked among the Top 10 Semiconductor Makers by Orange County Business
Journal. SEMICOA has successfully capitalized upon its proven high
reliability transistor heritage by bringing this level of expertise and
quality to emerging applications. The company is headquartered in Costa
Mesa, CA. For more information, visit www.Semicoa.com.
About Tensoft
Tensoft, Inc. specializes in innovative, end-to-end ERP and supply chain
solutions for the fabless semiconductor and high tech industries. Founded
in 1996, Tensoft delivers results tailored specifically to each customer's
needs. Tensoft partners with established firms in the U.S., Canada, and
Europe to re-sell and provide local support for its products. For more
information, go to www.tensoft.com or call (888) 450-4030 X406.