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SSA Global Acquires Marcam

  • 05 July, 2004 15:55

<p>Continued Execution of Acquisition Strategy Enhances Solutions for Process Manufacturing Sector</p>
<p>SYDNEY – 5 July, 2004 – SSA Global™, a leading provider of extended enterprise solutions and services, has acquired Marcam, a provider of specialised, operational-level enterprise resource planning (ERP) solutions for process manufacturers, from Invensys plc. Financial terms of the agreement were not disclosed.</p>
<p>“With more than 40 years of cumulative experience, the acquisition of Marcam is a significant milestone for our combined process manufacturing customers and prospects,” said Mike Greenough, president, chairman and CEO of SSA Global. “This transaction also further solidifies our position in the process manufacturing sector and underscores the commitment to deliver extended solutions that increase the value of existing technology investments.”</p>
<p>Marcam’s proven process manufacturing solutions further strengthen SSA Global’s expertise in the food, beverage, pharmaceutical and chemical industries. Marcam's enterprise solutions streamline plant and process oriented supply chain operations enabling companies to increase competitive advantage.</p>
<p>The combination of Marcam and SSA Global will deliver process manufacturing customers greater operational visibility and the ability to optimise financial operations, inventory management, order management, purchasing and additional critical business processes.</p>
<p>Marcam customers will benefit from the same quality service and support current SSA Global customers are experiencing through a customer influenced product roadmap, incremental systems modernisation and continued industry focus.</p>
<p>SSA Global’s product convergence strategy will provide a way forward for the PRISM and Protean customers, coupled with a commitment to support all existing versions. SSA Global will also offer Marcam customers its extended enterprise solutions that can address their immediate critical business challenges.</p>
<p>- ENDS -</p>
<p>About SSA Global:
SSA Global™ is a leading provider of extended enterprise resource planning (ERP) solutions for manufacturing, services, and public organisations worldwide. In Australia and New Zealand, SSA Global is number one in the manufacturing market. In addition to core ERP applications, SSA Global offers a full range of integrated extended solutions including corporate performance management, customer relationship management, product lifecycle management, supply chain management and supplier relationship management. Headquartered globally in Chicago, and for the APJ region in Sydney, SSA Global has 60 locations and its product offerings are used by approximately 13,000 active customers in over 90 countries. For additional information, visit the SSA Global web site at</p>
<p>SSA Global is the new corporate brand for product lines and subsidiaries of SSA Global Technologies, Inc. SSA Global, SSA Global Technologies and SSA GT are trademarks of SSA Global Technologies, Inc. Other products mentioned in this document are registered, trademarked or service marked by their respective owners.</p>
<p>These materials may contain "forward-looking statements" within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended. Any statements that are not statements of historical fact (including without limitation statements to the effect that SSA Global or its management "believes," "expects," "anticipates," "plans," "looks forward" and similar expressions) should be considered forward-looking statements. Any "forward-looking statements" in these materials are subject to certain risks and uncertainties that could cause actual results to differ materially from those stated. Many important factors could cause SSA Global's actual results to differ materially from those expressed in the forward-looking statements made by or on behalf of SSA Global, including, without limitation, the size and timing of license transactions, the effect of economic conditions on the spending patterns of SSA Global’s customers, the impact of competitive products and services, the effect of fluctuations in the economy and local currency, the ability of SSA Global to accurately forecast revenue, the ability to maintain adequate cash flow, the ability to maintain a satisfactory credit facility, the relationship between SSA Global and its affiliates and suppliers, the ability to manage costs and expenses, the availability of qualified resources, the ability to develop and enhance products, and other unknown risks including those as may be detailed in other SSA Global filings, reports and releases, including SSA Global’s registration statement on Form S-1 filed with the Securities and Exchange Commission on June 4, 2004. SSA Global undertakes no obligation to revise or publicly update these forward-looking statements, whether as a result of new information or otherwise.</p>

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