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HighJump Software Sets Record With 12 New Customer Wins in Latest QuarterSupply chain execution leader adds AFFINA, ANTEC, Overstock.com, and PropertyRoom.com to its customer base of more than 700 clients EDEN PRAIRIE, MN (May 1, 2001) -HighJump Software,
a privately held premier provider of adaptable, Internet-powered supply
chain execution (SCE) solutions, today announced it added a dozen new
customers to its client portfolio of more than 700 mid-tier companies
and divisions of Fortune 1000 organizations in the fourth quarter of its
FY2001 (ended March 31, 2001). HighJump won all 12 competitive bids it
participated in during the quarter, including deals with AFFINA, ANTEC,
Overstock.com and PropertyRoom.com.
HighJump's core differentiator is the unique adaptability of its suite of supply chain execution solutions developed and designed specifically for the needs of mid-market companies. HighJump attributes much of its success to the market's recognition and acceptance that highly adaptable solutions are now a requirement to cost-effectively manage ever-changing business requirements and maintain competitive advantage. "Our 12-0 record over the past three months is our best ever, and testimony to the value of adaptability to companies investing in supply chain execution solutions," said Chris Heim, president and CEO of HighJump Software. "Our customers know that HighJump understands the way they run their businesses today is likely to change tomorrow, and their SCE infrastructure has to be able to easily accommodate both predicted and unforeseen changes. Software that costs a lot to buy and install today, and then costs a lot more to adapt tomorrow, is simply a bad investment." According to Tom Lane, CEO of Property Bureau, and a new
HighJump customer: "Our PropertyRoom.com Website is the Internet
auction site where we partner with law enforcement agencies to sell seized,
recovered or unclaimed property to consumers nationwide. In order to successfully
monitor the inventory of thousands of items on our site with up-to-date
information, we needed a supply chain execution software solution that
offered real-time visibility. We also needed a solution that was easy-to-use,
fast-to-implement, and most importantly possessed the ability to cost-effectively
adapt and scale as Property Bureau expanded its processing centers nationwide.
A thorough evaluation of HighJump Software's products and successful customer
implementations convinced us that they offer the very best solution available
today." HighJump's perfect winning record in Q4 caps a year of major
milestones for the company during which it solidified its position as
a major player in the SCE market. Over the past 12 months, HighJump changed
its name (from Data Collection Systems, Inc.), received its first-ever
venture capital financing ($8.5 million from St. Paul Venture Capital
Inc. and Upper Lake Growth Capital), and added to its executive team. Each of these new customer wins will benefit from HighJump's unique and adaptable architecture, as well as an easy and fast implementation. Overstock's online service contracts with leading business-to-business manufacturers to offer consumers deeply discounted prices on overstocked merchandise. AFFINA, a CRM leader, is best recognized for its intelligent call centers that respond to consumer calls on behalf of more than 140 of the world's most widely known and successful companies, most of them being part of the Fortune 500. ANTEC is an international communications technology company that specializes in the design and engineering of Hybrid Fiber/COAX (HFC) based networks and the manufacturing, materials management, and integration of products for these networks. All of these organizations are leveraging HighJump's SCE solution for improving business processes and returning a greater ROI on inventory and supply chain-related functions. About Property Bureau Property Bureau was founded and is managed by former police
officers and government officials to harness the power of the Internet
to deliver efficiency to law enforcement property room management and
offer a broad array of items to the consuming public. Via its Web site,
PropertyRoom.com,
the company helps law enforcement agencies by reducing overall costs for
personnel and space while generating revenues that exceed those created
by current property room disposition processes. About HighJump Software Founded in 1983, HighJump Software is a premier provider of the most adaptable, Internet-based supply chain execution solutions that deliver competitive advantage to manufacturers, distributors, e-businesses, and third- party logistics companies. HighJump Software offers warehouse management and data collection solutions that can be easily and precisely tuned to fit theoperational needs of mid-size organizations and divisions of Fortune 1000 companies. HighJump's supply chain execution systems are in use at more than 700 companies today. Headquartered in Eden Prairie, Minnesota, HighJump Software can be reached by e-mail at HJinfo@mmm.com; by phone at 877.445.4403; or by visiting the Web site at http://www.highjumpsoftware.com.
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