VF Europe Expands its Geac Product Lifecycle Management Solution
01 June 2005 - 2:37AM
PR Newswire (US)
VF Europe Expands its Geac Product Lifecycle Management Solution
International clothing brand manufacturer adds Web-enabled
collaboration capability; integrates with existing Geac Performance
Management, System21 and RunTime solutions MARKHAM, ON and
SOUTHBOROUGH, MA, May 31 /PRNewswire-FirstCall/ -- VF Europe, the
European division of apparel giant VF Corporation, has expanded its
relationship with Geac(R) (TSX: GAC, NASDAQ: GEAC) by investing in
Geac software that will help VF Europe collaborate even more
closely with its partners for sourcing and manufacturing around the
world. The Quest eCollaboration system from Geac's RunTime
division, which provides software solutions for the apparel and
footwear industry, is the latest in a series of RunTime software
modules to be implemented at VF Europe. In conjunction with its
Geac System21 enterprise resource planning (ERP) system and Geac
MPC financial reporting system, VF Europe expects the new RunTime
implementation to improve its ability to respond quickly to market
demands and further enhance its quality of communication. VF
Corporation is a leader in branded apparel including jeanswear,
outdoor products, intimate apparel, image apparel and sportswear.
VF Europe brands include Lee, Wrangler, HIS, Earl Jean, Hero by
Wrangler, Maverick, Old Axe, The North Face, Eastpak, Jansport,
Kipling, Napapijri, Nautica and Vans. VF Europe has a mission to
constantly improve competitiveness, efficiency and speed to market
through the use of information technology - especially product
lifecycle management (PLM) - to help improve merchandising, store
floor design and business-to-business transactions. To date, VF
Europe has successfully implemented the entire integrated range of
Geac RunTime products: DesignTime, Quest PLM, Quest Merchandiser,
the SellIT B2B eCommerce solution and now also Quest
eCollaboration. These solutions are tightly integrated with the
Geac System21 ERP system, as well as Geac's MPC business
performance management solution for financial reporting, which is
used worldwide by VF. The entire solution enables VF Europe to
improve workflow, streamline the product development lifecycle and
share data more effectively across different departments within the
company. Lucien Smet, CIO of VF Europe, said: "We've been running
Geac software throughout our rapidly growing organisation for many
years. We have made significant investments in software over the
years to improve our business and competitiveness. Geac has been a
professional organisation, which has supported us in the roll-out
and integration of our solutions, and it's clearly my feeling that
we are working with a supplier who understands the apparel and
footwear industry." Geac RunTime's Quest eCollaboration is a fully
Web-enabled portal for all PLM data, which will be connected to
RunTime's Quest PLM solution. It will enable VF Europe's product
developers to reduce critical lead times through improved
collaboration with suppliers, manufacturers and production sites.
Furthermore, it will improve the control of pre-calculations and
optimise the quality control process. Partners around the world
will have the ability to retrieve and update information, even late
in the development process. "It is a pleasure to innovate and grow
with VF Europe," said Charles Jones, President and CEO of Geac.
"Geac is committed to help them improve their business through
tighter management of operations and communications. With a more
collaborative use of information across the enterprise, through
integrated technology systems, we can help VF Europe remain
competitive and responsive to its customers and partners." About
Geac Geac (TSX: GAC, NASDAQ: GEAC) is a global enterprise software
company that provides best-in-class technology products and
services to help organisations do more with less in an increasingly
competitive environment, amidst growing regulatory pressure, and in
response to other business issues confronting the CFO. Geac
RunTime, which has hundreds of customers in the fashion and apparel
industry, develops and sells software for the design and
pre-production phases of the manufacturing process, product data
management, customer relationship management and sales force
automation. Further information is available at
http://www.geac.com/ or through e-mail at . This press release may
contain forward-looking statements of Geac's intentions, beliefs,
expectations and predictions for the future. These forward-looking
statements often include use of the future tense with words such as
"will," "may," "intends," "anticipates," "expects" and similar
conditional or forward-looking words and phrases. These
forward-looking statements are neither promises nor guarantees.
They are only predictions that are subject to risks and
uncertainties, and they may differ materially from actual future
events or results. Geac undertakes no obligation to update or
revise the information contained herein. Important factors that
could cause a material difference between these forward-looking
statements and actual events include, among other things: our
ability to increase revenues from new license sales, cross-sell
into our existing customer base and reduce customer attrition;
whether we can identify and acquire synergistic businesses and, if
so, whether we can successfully integrate them into our existing
operations; whether we are able to deliver products and services
within required time frames and budgets to meet increasingly
competitive customer demands and performance guaranties; risks
inherent in fluctuating international currency exchange rates in
light of our global operations and the unpredictable effect of
geopolitical world and local events; whether we are successful in
our continued efforts to manage expenses effectively and maintain
profitability; our ability to achieve revenue from products and
services that are under development; the uncertain effect of the
competitive environment in which we operate and resulting pricing
pressures; and whether the anticipated effects and results of our
new product offerings and successful product implementation will be
realized. These and other potential risks and uncertainties that
relate to Geac's business and operations are summarized in more
detail from time to time in our filings with the United States
Securities and Exchange Commission and with the Canadian Securities
Administrators. Please refer to Geac's most recent quarterly
reports available through the website maintained by the SEC at
http://www.sec.gov/ and through the website maintained by the
Canadian Securities Administrators and the Canadian Depository for
Securities Limited at http://www.sedar.com/ for more information on
risk factors that could cause actual results to differ. Geac is a
registered trademark of Geac Computer Corporation Limited. All
other marks are trademarks of their respective owners. DATASOURCE:
Geac Computer Corporation Limited CONTACT: Media Contact: David
Domeshek, Geac, (508) 871-5064, ; Investor Contact: Laura
Hindermann, Geac, (508) 871-5045,
Copyright