Formation Systems Offering Best Practice Food and Beverage Solution

Said using industry best practice methodology could shorten time-to-value to 30 to 60 days

Southborough, MA — April 5, 2004 — Formation Systems Inc., a provider of product lifecycle management (PLM) solutions for the process industries, today announced the Optiva Best Practice Food and Beverage Solution, which uses Formation Systems' experience in implementing Process PLM systems for product development to provide customers with a functional development system in as little as 30 days.

The Best Practice Solution combines industry content, Optiva's capabilities and Formation Systems' proprietary FastTrack Best Practice Implementation methodology, according to the company, in order for customers to shorten their time-to-benefit.

"By offering a way to provide companies with a functional product development system in as little as a month, and guaranteeing their satisfaction, Formation Systems helps companies shorten the time-to-value, reduce their up front costs and reduce the risk inherent in any enterprise software purchase," Dan Keelan, president and CEO of Formation Systems.

In addition to the Optiva Best Practice Food and Beverage Solution, Formation Systems said it would roll out Best Practice Solutions for the specialty chemical and home and personal care industries. These solutions provide the same benefits as the Food and Beverage Solutions by using best practices learned from Formation's experience with companies such as, Akzo Nobel, RPM, Valspar, GE Plastics, JohnsonDiversey, The Limited, Christian Dior, Yves Rocher, Henkel Cosmetics and Uniq plc.

The Optiva Best Practice Solution draws from the experience Formation Systems has gained while working with such companies as The Coca-Cola Co., Cadbury Schweppes, The Campbell's Soup Co., Group Danone, Cargill, Arla Foods Ingredients and Rich Products.