IDT Selects NexPrise Document Management, Program Management, and Process Automation Solutions
November 05 2004 - 5:00PM
PR Newswire (US)
IDT Selects NexPrise Document Management, Program Management, and
Process Automation Solutions CARLSBAD, Calif., Nov. 5
/PRNewswire-FirstCall/ -- NexPrise, Inc. (OTC BB: NXPS.OB) today
announced that IDT(TM) (Integrated Device Technology, Inc.; Nasdaq:
IDTI) has selected the NexPrise Document Management, Program
Management, and Process Automation solutions for deployment across
all of the IDT global facilities. IDT selected NexPrise's Document
Management solution to reduce cycle times, lower costs, and ensure
compliance with quality standards. The solution will be used by IDT
to store, manage, and retrieve critical manufacturing
documentation. The NexPrise solution will also automate the IDT
review and approval processes and allow for automated audit trails
and reporting. IDT chose NexPrise's Program Management solution to
help manage its product lifecycle management process. NexPrise will
serve as the repository for all program information and will
automatically track and manage action items and deliverables. IDT
expects to speed product development cycles and lower costs with
NexPrise's Program Management solution. NexPrise's Process
Automation solution will be used by IDT to develop custom
applications for processes such as Return Materials Authorization,
Material Review Board, and Fab Change Notifications. IDT will use
the NexPrise nProcess Platform Development Studios to quickly
create the custom user interfaces and workflows necessary for
applications that will eliminate inefficiencies and costs from the
IDT operations. About IDT IDT is a global leader in preemptive
semiconductor solutions that accelerate packet processing for
advanced network services. IDT serves communications equipment
vendors by applying its advanced hardware and software technologies
to create flexible, highly integrated solutions that enhance the
functionality and processing of network equipment. IDT accelerates
intelligent packet processing with products such as switching
solutions, network search engines (NSEs), programmable content
inspection engines (CIEs), flow-control management (FCM) ICs and
its family of Interprise(TM) integrated communications processors.
The portfolio also comprises products optimized for communications
applications, including telecom products, FIFOs, multi-ports, and
timing solutions. In addition, the product mix includes
high-performance digital logic and high-speed SRAMs to meet the
requirements of leading communications companies. Headquartered in
Santa Clara, Calif., the company employs approximately 3,200 people
worldwide and has a wafer manufacturing facility in Oregon, and
test and assembly facilities in the Philippines and Malaysia. IDT
stock is traded on the Nasdaq Stock Market(R) under the symbol
"IDTI." The company is included in the S&P 1000, which is a
combination of the S&P MidCap 400 and S&P SmallCap 600
Indices, and is also part of the S&P SuperComposite 1500, which
combines the S&P 500, MidCap 400, and SmallCap 600. Additional
information about IDT is accessible at http://www.idt.com/. About
NexPrise NexPrise, Inc. markets applications for document
management, program management and quote management that can enable
manufacturers to quickly automate key business processes and
produce a return on investment in less than 6 months. These
solutions complement and expand on currently installed enterprise
systems. NexPrise, Inc. is headquartered in Carlsbad, California.
For more information, please visit http://www.nexprise.com/. Safe
Harbor Statement This press release contains "forward-looking"
statements about the products and services of NexPrise, as that
term is used in Section 21E of the Securities Exchange Act of 1934.
Forward-looking statements are denoted by such words as "can
enable", "produce" and similar terms and phrases. These types of
statements address matters that are subject to risks and
uncertainties, which could cause actual results to differ
materially. Factors that could cause or contribute to such
differences include, but are not limited to, successful completion
of the development process, risks and delays associated with the
development process, unanticipated technological difficulties and
resource constraints which may hinder development, customers'
utilization of the NexPrise product, the extent of customers'
existing inefficiencies and general applicability of the NexPrise
product to the customer's needs. In addition, our forward-looking
statements should be considered in the context of other risk
factors discussed in our filings with the Securities and Exchange
Commission, including but not limited to our annual report on Form
10-K and 10-Q filings, available online at http://www.sec.gov/. All
forward-looking statements are based on information available to
the company on the date hereof, and the company assumes no
obligation to update such statements. IDT and Interprise are
trademarks of Integrated Device Technology, Inc. Other brands,
product names and marks are trademarks, registered trademarks, or
trade names of their respective owners. DATASOURCE: NexPrise, Inc.
CONTACT: Jerry Natoli of NexPrise, Inc., +1-650-327-6850, ext. 204
Web site: http://www.nexprise.com/
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