Woolworths LTD. and webmethods join forces to deliver ‘Project refresh’ efficiencies
- 14 August, 2003 13:57
<p>FOR IMMEDIATE RELEASE</p>
<p>Tracy Monkman Spectrum Communications
+61 2 9954 3299 firstname.lastname@example.org</p>
+61 407 067 357
<p>Woolworths LTD. and webmethods join forces to deliver ‘Project refresh’ efficiencies</p>
<p>SYDNEY, Australia - August 14, 2003 -- webMethods, Inc. (Nasdaq: WEBM), the leading independent provider of integration software, today announced that Woolworths Limited, Australia’s leading food retailer, has deployed the webMethods Integration Platform as the strategic integration platform to support its ability to further deliver ‘Project Refresh’ cost efficiencies.</p>
<p>Woolworths is Australia’s most successful retailer, with 147,000 employees and annual revenue of approximately US$16 billion. The Woolworths Ltd. group of companies spans diverse retailing activities including supermarkets, general merchandising, liquor and consumer electronics</p>
<p>Woolworths Ltd. introduced ‘Project Refresh’, a multifaceted business change program in August 1999, to deliver best practices across the Group and to improve efficiencies by eliminating waste and duplication.</p>
<p>In line with Project Refresh initiatives, Woolworths is streamlining its IT systems, devoting resources to upgrading and fully integrating business and supply chain systems to meet world class standards.</p>
<p>The webMethods Integration Platform has been deployed to facilitate cost efficiencies, eliminating duplication within Woolworths’ information systems and building efficient re-usable business processes that span multiple business systems.</p>
<p>The webMethods Integration Platform provides Woolworths with a comprehensive solution that rapidly integrates enterprise applications, legacy applications, databases and Electronic Data Interchange systems (EDI), as well as supplier integration.</p>
<p>“We are dedicated to achieving further operational efficiencies through Project Refresh. As part of that program we are investing in technology to more effectively integrate our in-house systems and those of our trading partners,” explained Stephen Bradley, CIO, Woolworths Limited. “During an extensive evaluation process, webMethods demonstrated they could facilitate the rapid streamlining of business processes, helping us to improve supply chain execution and achieve operational excellence.”</p>
<p>“Woolworths is leveraging webMethods’ technology to drive efficiency into their supply chain systems and to promote collaboration among their key suppliers,” said Rob Fitzpatrick, international director, Retail and Consumer Products, webMethods, Inc. “webMethods helps drive margin improvement and increased customer satisfaction in the retail industry. Our comprehensive integration platform allows companies to efficiently model and execute business processes both within and across the enterprise, helping them realize competitive advantage while increasing sales and partner satisfaction.”</p>
<p>Woolworths is Australia’s leading food retailer, employing more than 147,000 people in over 1500 stores and operating facilities across business Divisions that include Woolworths/Safeway Supermarkets; BIG W Discount Department Stores; Consumer Electronics (Dick Smith Electronics and Tandy), Petrol, Liquor, Ezy Banking and e-business (Homeshop and Greengrocer.com).</p>
<p>About webMethods, Inc.
As the leading independent provider of integration software, webMethods, Inc. (Nasdaq: WEBM - news) delivers the industry's most comprehensive platform for enterprise-wide integration, including complete support for Enterprise Web Services. The webMethods Integration Platform allows customers to achieve quantifiable R.O.I. by linking business processes, enterprise and legacy applications, databases, Web services and workflows both within and across enterprises. Through this seamless flow of information, companies can reduce costs, create new revenue opportunities, strengthen relationships with customers, substantially increase supply chain efficiencies and streamline internal business processes.
Founded in 1996, webMethods is headquartered in Fairfax, Va., with offices throughout the U.S., Europe and Asia Pacific. webMethods has more than 950 customers worldwide including Global 2000 leaders such as Bank of America, Citibank, Dell, Eastman Chemical, Grainger, and Motorola. webMethods' strategic partners include Accenture, AMS, BearingPoint, BMC Software, BroadVision, Cap Gemini Ernst & Young, CSC, Deloitte Consulting, EDS, HP, i2 Technologies, J.D. Edwards, SAP AG, Siebel Systems and TCS. More information about the company can be found at http://www.webMethods.com.
webMethods is a registered trademark of webMethods, Inc. in the USA and certain other countries. All other company and product names are the property of their respective owners.
This press release may contain various remarks about the future expectations, plans and prospects of webMethods that constitute forward-looking statements for purposes of the safe harbor provisions of U.S. securities laws. The actual results of webMethods may differ materially from those indicated by these forward-looking statements as a result of various important factors, including those discussed under the heading "Factors That May Affect Future Operating Results" in the Business section of webMethods' Form 10-K for the year ended March 31, 2003, which is on file with the U.S. Securities and Exchange Commission and may be accessed at www.sec.gov or webMethods' investor relations web page at www.webMethods.com/ir/. webMethods disclaims any obligation to update or correct any forward-looking statements made herein due to the occurrence of events after the issuance of this press release.</p>
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