FileNet Partners with McLaren Software to Deliver Configurable, Out-of-the-box, End-to-end Engineering Management
DARATECH PLANT 2004, Houston, Texas—Jan. 19, 2004—FileNet Corporation (Nasdaq: FILE), the leading provider of Enterprise Content Management (ECM) solutions, today announced a major initiative to deliver ECM solutions for Asset and Plant Lifecycle Management. FileNet also announced a strategic partnership with McLaren Software Ltd., the first in a series of planned key strategic partnerships designed to expand FileNet's reach in the manufacturing sector. McLaren Software will provide a new version of its Enterprise Engineer integrated software solution on the FileNet ECM architecture through an Independent Software Vendor (ISV) agreement.
The relationship with McLaren will allow FileNet and its manufacturing industry focused ValueNet partners to develop a wide variety of solutions where the integration of engineering drawings and processes are critical to business operations. These include major facility operators such as utilities, oil and gas companies, chemical producers, transportation infrastructure managers, and major manufacturing sites. FileNet believes the expansion of its offerings in the manufacturing space comes at a critical juncture -- as IT spending is recovering and manufacturers are turning to ECM technology to integrate and leverage all forms of information to improve quality and decision-making across their enterprises.
"Daratech research has indicated a strong demand from ECM users in process manufacturing for out-of-the-box applications to address engineering requirements," said Charles Foundyller, CEO of Daratech, Inc., a market research and technology assessment firm. "FileNet's initiative to orchestrate a solution approach comprised of ISV's such as McLaren Software, together with service delivery partners with proven domain expertise, is a much-needed response to this market demand."" We plan to differentiate our offerings through a strong focus on business process management, a wide range of out-of-the-box functionality and ease of configurability to fit specific manufacturing industry requirements," said Lee Roberts, chairman and CEO of FileNet.
"Eighty percent of manufacturing information is in the form of unstructured content – engineering drawings, specifications and other supporting documentation. This initiative addresses the challenge manufacturers have to provide timely and secure access to that content by linking it to critical business processes, enabling them to make the right decisions faster, anywhere in their enterprise and beyond." FileNet believes manufacturers are looking to manage and leverage the content and business processes supporting all phases in the lifecycle of complex assets and facilities. In particular, enterprises are expressing a critical need to improve their ability to reduce facility costs, optimize facility processes, and increase flexibility for reconfiguring and improving facilities.
By mobilizing the estimated 80% of a facility's information that is unstructured in nature and linking that information to key business processes and systems, dramatic improvements in these areas can be realized. FileNet Asset and Plant Lifecycle Management solutions are designed to provide manufacturers with improved visibility and control of content and processes, for improved decision-making, greater operational efficiency, and reduced costs. This enables companies to continually analyze and optimize operations to improve asset utilization and resource flexibility and reconfigure as needed to better respond to changing market dynamics.
McLaren Enterprise EngineerMcLaren Enterprise Engineer, built on industry-standard ECM platforms, addresses the entire content lifecycle to support activities from conceptual design through plant management and maintenance and can offer manufacturers a key competitive advantage. Additionally, its management of change capability and its integration with FileNet's Records Manager can help companies with ever-important regulatory compliance initiatives ranging from OSHA to Sarbanes-Oxley. About FileNetFileNet Corporation (NASDAQ: FILE) helps organizations make better decisions by managing the content and processes that drive their business.
FileNet's Enterprise Content Management (ECM) solutions allow customers to build and sustain competitive advantage by managing content throughout their organizations, automating and streamlining their business processes, and providing the full spectrum of connectivity needed to simplify their critical and everyday decision-making. FileNet ECM solutions deliver a comprehensive set of capabilities that integrate with existing information systems to provide cost-effective solutions that solve real-world business problems. Since the Company's founding in 1982, more than 4,000 organizations, including 81 of the Fortune 100, have taken advantage of FileNet solutions for help in managing their mission-critical content and processes.
Headquartered in Costa Mesa, Calif., the Company markets its innovative ECM solutions in more than 90 countries through its own global sales, professional services and support organizations, as well as via its ValueNet® Partner network of resellers, system integrators and application developers. About McLarenMcLaren Software Ltd. develops content-based enterprise applications for companies in the process manufacturing, utilities and engineering, design and construction sectors. McLaren Enterprise Engineer helps organizations manage commercially significant engineering content linked to the business processes and lifecycles associated with it.
It helps organizations maximize the value of the intellectual property tied up in their documents, drawings and business processes while mitigating the commercial risk associated with their use. McLaren's products provide its customers with the control to manage business processes such as correspondence tracking, concurrent engineering, drawing management and global collaboration in areas such as design, construction, engineering, process manufacturing and asset and plant management. McLaren is headquartered at: 3 Atlantic Quay, 20 York Street, Glasgow, G2 8LN, Scotland UK, with offices in Washington DC, and Dusseldorf.
Web site: www.mclarensoftware.com Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: This release may contain forward-looking statements that involve risks and uncertainties, including statements regarding anticipated strategic partnerships, the potential benefits of such partnerships and anticipated demand by manufacturers for ECM solutions. Words such as "anticipates," "expects," "intends," "plans," "believes," "may," "will" and similar expressions are intended to identify forward-looking statements.
Among the important factors that could cause actual results to differ materially from those in the forward-looking statements are the ability of FileNet and its strategic partners to develop, complete, introduce, market, distribute and gain market acceptance for their products and technologies; announcements of technological innovations, new products or product enhancements by FileNet or its competitors; general market conditions; and other factors detailed in the FileNet's filings with the Securities and Exchange Commission, including its recent filings on Forms 10-K and 10-Q.
