Framework Technologies Answers CPC Imperative

Collaborative Commerce Leader Wins Consumer Products Leader Timex, Automotive

Mainstay INTERMET



Apr 14, 2001, 01:00 ET from Framework Technologies Corporation

    BURLINGTON, Mass., April 24 /PRNewswire Interactive News Release/ --?With
 leading analyst firms such as Gartner Group now positioning collaborative
 product commerce (CPC) as a competitive imperative for manufacturing
 enterprises, Framework Technologies Corporation, a leader in collaborative
 commerce software, today announced it capped a highly successful second
 quarter.  Among other global 2000 companies joining Framework's customer list
 were Timex Corporation along with aviation and automotive mainstays Hamilton-
 Sundstrand and INTERMET.  They are now part of a steadily growing roster of
 Framework customers, including fellow industry leaders Moen, GE Plastics and
 Lexmark.
     Framework's continued growth is driven, in large part, by strong,
 demonstrated return on investment (ROI) results.  These results, based on an
 independent study, measured the impact of ActiveProject, Framework's
 collaborative product commerce software, on product lifecycle management at
 leading discrete manufacturers.  Increased speed-to-market, shorter product
 life cycles, and rapid investment payback, top the list of customer benefits
 achieved.  A full text version of the study is available by calling 1-888-962-
 4400, ext. 208.
 
     CPC Now An Imperative
     By 2003, notes a recent Gartner Group press release on CPC, manufacturing
 enterprises not adopting a CPC-driven recombinant business model will be at a
 severe disadvantage.
     "Enterprises must embrace CPC to gain the benefit of timely information
 that empowers them to make dramatic improvements in product centric aspects of
 business performance," said Mark Halpern, research director for Gartner.  "The
 overreaching market force driving the move toward CPC is the evolution from
 make-to-stock and assemble-to-order styles of manufacturing to mass
 customization and personalization," noted Halpern in the release.
     CPC, notes Gartner, emerged from Internet-driven collaborative commerce
 (c-commerce), an even broader trend that applies many emerging IT technologies
 and business strategies to achieving the next phase of business
 competitiveness.  CPC refines the c-commerce paradigm, applying its principles
 to the specific challenge of redefining product definition processes within an
 enterprise, across enterprises and with customers.
     CPC, stated Gartner in the release, elevates the asset of product
 intellectual capital beyond the engineering silo and exploits new potential
 business opportunities available across the cyber market.
     "Gartner's view, and their assertion that CPC is a key to competitive
 advantage for manufacturing organizations, is clearly reflected in the results
 we've seen in independent ROI studies of ActiveProject's impact and in the
 direct feedback we continue to get from Framework's customers," said Framework
 Technologies' CEO, Dan Slavin.  "It's an exciting time to be in the
 marketplace."
 
     About Framework Technologies
     Framework Technologies is a leader in collaborative commerce software, an
 emerging IT sector that, according to recent estimates will be a $16 billion
 dollar marketplace by 2003.
 ActiveProject, Framework's collaborative product development software, is
 fueled by the vision of a world in which virtual teams, across organizations
 and geographies, seamlessly work and interact.  ActiveProject allows customers
 to build and manage secure dynamic Web sites (project-centric extranets) that
 drive information sharing and improve communications across internal and
 external project teams.
     Using ActiveProject, Framework's customers can benefit by delivering
 products to market faster, reducing product development costs and delivering
 more innovative products to market - establishing product leadership.  Founded
 in 1995, Framework is headquartered in Burlington, MA.  For further details
 please visit http://www.frametech.com.
 
      Press Contacts:
      Liz Petrova                             Fred Pasche
      Niehaus Ryan Wong                       Framework Technologies
      212-308-4135                            781-270-6554
      liz@nrwpr.com                           fpasche@frametech.com
 
                     MAKE YOUR OPINION COUNT -  Click Here
                http://tbutton.prnewswire.com/prn/11690X33586669
 
 

SOURCE Framework Technologies Corporation
    BURLINGTON, Mass., April 24 /PRNewswire Interactive News Release/ --?With
 leading analyst firms such as Gartner Group now positioning collaborative
 product commerce (CPC) as a competitive imperative for manufacturing
 enterprises, Framework Technologies Corporation, a leader in collaborative
 commerce software, today announced it capped a highly successful second
 quarter.  Among other global 2000 companies joining Framework's customer list
 were Timex Corporation along with aviation and automotive mainstays Hamilton-
 Sundstrand and INTERMET.  They are now part of a steadily growing roster of
 Framework customers, including fellow industry leaders Moen, GE Plastics and
 Lexmark.
     Framework's continued growth is driven, in large part, by strong,
 demonstrated return on investment (ROI) results.  These results, based on an
 independent study, measured the impact of ActiveProject, Framework's
 collaborative product commerce software, on product lifecycle management at
 leading discrete manufacturers.  Increased speed-to-market, shorter product
 life cycles, and rapid investment payback, top the list of customer benefits
 achieved.  A full text version of the study is available by calling 1-888-962-
 4400, ext. 208.
 
     CPC Now An Imperative
     By 2003, notes a recent Gartner Group press release on CPC, manufacturing
 enterprises not adopting a CPC-driven recombinant business model will be at a
 severe disadvantage.
     "Enterprises must embrace CPC to gain the benefit of timely information
 that empowers them to make dramatic improvements in product centric aspects of
 business performance," said Mark Halpern, research director for Gartner.  "The
 overreaching market force driving the move toward CPC is the evolution from
 make-to-stock and assemble-to-order styles of manufacturing to mass
 customization and personalization," noted Halpern in the release.
     CPC, notes Gartner, emerged from Internet-driven collaborative commerce
 (c-commerce), an even broader trend that applies many emerging IT technologies
 and business strategies to achieving the next phase of business
 competitiveness.  CPC refines the c-commerce paradigm, applying its principles
 to the specific challenge of redefining product definition processes within an
 enterprise, across enterprises and with customers.
     CPC, stated Gartner in the release, elevates the asset of product
 intellectual capital beyond the engineering silo and exploits new potential
 business opportunities available across the cyber market.
     "Gartner's view, and their assertion that CPC is a key to competitive
 advantage for manufacturing organizations, is clearly reflected in the results
 we've seen in independent ROI studies of ActiveProject's impact and in the
 direct feedback we continue to get from Framework's customers," said Framework
 Technologies' CEO, Dan Slavin.  "It's an exciting time to be in the
 marketplace."
 
     About Framework Technologies
     Framework Technologies is a leader in collaborative commerce software, an
 emerging IT sector that, according to recent estimates will be a $16 billion
 dollar marketplace by 2003.
 ActiveProject, Framework's collaborative product development software, is
 fueled by the vision of a world in which virtual teams, across organizations
 and geographies, seamlessly work and interact.  ActiveProject allows customers
 to build and manage secure dynamic Web sites (project-centric extranets) that
 drive information sharing and improve communications across internal and
 external project teams.
     Using ActiveProject, Framework's customers can benefit by delivering
 products to market faster, reducing product development costs and delivering
 more innovative products to market - establishing product leadership.  Founded
 in 1995, Framework is headquartered in Burlington, MA.  For further details
 please visit http://www.frametech.com.
 
      Press Contacts:
      Liz Petrova                             Fred Pasche
      Niehaus Ryan Wong                       Framework Technologies
      212-308-4135                            781-270-6554
      liz@nrwpr.com                           fpasche@frametech.com
 
                     MAKE YOUR OPINION COUNT -  Click Here
                http://tbutton.prnewswire.com/prn/11690X33586669
 
 SOURCE  Framework Technologies Corporation