PolyDyne Software and K Solutions Form Strategic Alliance to Deliver Strategic Sourcing and Sales Quoting Solutions to Asia Pacific Companies.
Austin, TX – June 1, 2005 – PolyDyne® Software Inc. (PSI), the leading provider of strategic sourcing and sales quoting solutions for the electronics industry, today announced a strategic alliance with K Solutions, a leading provider of IT services to the Asia Pacific region.
Through this strategic alliance, K Solutions will market and implement PolyDyne’s award winning QuoteWin®iX and DesignWin™iX strategic sourcing and sales quoting solutions to electronics OEMs and contract manufacturers in Asia Pacific.
PolyDyne has been on the forefront of electronics strategic sourcing for over 12 years. With a dominant position in the industry, PolyDyne has been able to expand its reach into global markets. Over the past several years, PolyDyne has been able to capitalize on the tremendous growth in the Asian electronics market. This growth has created a need for increased focus and commitment to Asia.
“We wanted to find a strong partner to enhance our presence in Asia. Our customers are important to us and K Solutions has the expertise, leadership and recognition in the region that makes them a great choice for our business and product solutions here at PolyDyne. They will be instrumental in helping us serve a greater number of Asian companies,” said David Tabb, CEO/President of PolyDyne.
K Solutions has a long track record of implementing software solutions for Asian companies. “We have partnerships with major ERP, CRM and SCM software companies. We found the major supply chain vendors don’t provide the level of sophistication required to manage direct materials sourcing for electronics OEMs and contract manufacturers. PolyDyne is uniquely positioned to address all of the unique challenges faced by these companies. We wanted to offer the best solution to our customers,” said David Brown, Managing Director of K Solutions.
K Solutions will provide business process consulting, implementation and integration services to PolyDyne’s Asian customers as well as local customer support.
About PolyDyne
PolyDyne Software Inc. provides strategic outsourcing solutions, training, and consulting services to forward-looking companies participating in the supply chain of the electronics manufacturing services sector. Benchmark, Celestica, EMC, Flextronics International, HP, Marconi, Plexus, Suntron, and Via Systems are among PolyDyne’s worldwide customer base. PolyDyne’s DesignWiniX, QuoteWiniX and SupplyWiniX suite of iXchange solutions streamline component sourcing, RFQ management processes, and spending strategies, thereby minimizing material costs and errors, substantially improving productivity and customer service, and accelerating time to market. PolyDyne’s BidRacer™ is an exceptionally affordable and proven, web-based quote management solution that offers the simplicity and power to turbo-charge operations and profits for up-and-coming CEMs. For more information, call (512) 343‑9100 or visit the PolyDyne web site at http://www.polydyne.com.
About K Solutions
K Solutions is a management consulting company and formerly the IT consulting division of KPMG Singapore. K Solutions core focus is Corporate Performance Management, Customer Relationship Management, Supply Chain Management, IT Strategic Development, Education Systems, E-Learning, and Wireless Security. K Solutions is a certified system integration consultant for Oracle, Microsoft Business Solutions, GEAC (Corporate Performance Management), and Red-M wireless security. K Solutions was ranked #8 in the list of Top 10 Singapore Government IT Contractors in 2004. source: iDA 2005. For more information about K Solutions, visit our web site at www.kxsolutions.com.
Contacts
PolyDyne Software, Inc.
Linda Elkins, Vice President of Sales & Marketing
9390 Research Blvd., Suite 415
Austin, Texas 78759
Tel: (512) 343-9100
Fax: (512) 343-9297
marketing@polydyne.com
K Solutions Limited
David Brown, Managing Director
138 Cecil Street
#12-02 Cecil Court
Singapore 069538
Tel: +65 6222 1181
Fax: +65 6325 4727