Kitron Deploys PolyDyne® Strategic Sourcing Solution and Maximizes Leverage on Material Spending

Maximizes Leverage on Material Spending

January 15, 2004; Austin, Texas: PolyDyne® Software Inc. today announced that Kitron, one of Scandinavia’s leading companies in the development and manufacturing of electronics for medical, defense, data/telecom, and process industries, has deployed QuoteWin® across their Norwegian based operations. Kitron chose PolyDyne’s strategic sourcing solution to improve leverage of direct material spending across all of their facilities and to further automate processes that would provide faster customer responses to proposals and product inquiries.

“Kitron goes to great lengths to ensure that our customers benefit from the most competitive prices for components and materials. Dedicated specialists within each commodity group need early visibility into changing market prices and availability. By implementing sophisticated material sourcing processes with an emphasis on commodity analysis and efficient supply chain communications in the RFQ process, we can give our customers extra value through improved profit margin due to reductions in costs and efficiency improvements in what were once spreadsheet intensive processes,” said Knut Pogost, Corporate Vice President of Sales and Marketing at Kitron. “After reviewing the market for solutions, PolyDyne’s QuoteWin solution offered Kitron the most advanced technology and a web interface for supplier communications. The ability to rapidly deploy the solution in less than eight weeks across our multi-site enterprise clearly demonstrates PolyDyne’s expertise in strategic sourcing and ability to deliver.”

Kitron took advantage of PolyDyne’s optional hosting services for the deployment that encompassed business units across several geographies. Integrations with Kitron’s ERP and engineering environments were part of the implementation. By working closely with Kitron to identify crucial success factors prior to the installation and utilizing industry specific implementation and training processes, PolyDyne was able to meet Kitron’s aggressive deployment schedule with successful results.

“By choosing QuoteWiniX and taking advantage of PolyDyne’s, greater than, ten years of experience in strategic sourcing and RFQ management, Kitron minimized the common risks associated with a critical enterprise level implementation,” said David Tabb, CEO of PolyDyne Software. “Today, Kitron and their customers reap the rewards from the improved business performance. We are pleased to have Kitron as a customer.”

For more information on PolyDyne’s strategic sourcing solutions, go to www.polydyne.com.

About Kitron
Kitron is one of Scandinavia’s leading companies in the development and manufacturing of electronics for medical, defense, data/telecom, and process industries. The company has various manufacturing locations in Norway, Sweden and Lithuania.

About PolyDyne Software
PolyDyne Software Inc. provides strategic sourcing solutions utilized by companies to optimize strategic sourcing decisions. Benchmark, Celestica, EMC, Flextronics International, and HP are among PolyDyne’s worldwide customer base that includes the leading electronic manufacturing companies and their supply base. PolyDyne’s QuoteWin, DesignWin and SupplyWin suite of solutions streamline the product costing processes and thereby reduce material costs, substantially improve productivity and reduce time to market. For more information, call (512) 343‑9100 or visit PolyDyne at www.polydyne.com.

Company Contact:
Laura P. Canann
Senior Marketing Manager
PolyDyne Software
9390 Research Blvd.
Suite 415
Austin, Texas 78759
Tel: (512) 343-9100
Fax: (512) 343-9297
Email: Canann@PolyDyne.com