PICASO TO PROVIDE GLOBAL COLLABORATION, QUICK INSTALLATION AND LOW COST TO EUROPEAN CHEMICAL MANUFACTURER

FOR IMMEDIATE RELEASE
Contact Information:
Jeff Burns
WAM Systems
jburns@wamsystems.com


PICASO TO PROVIDE GLOBAL COLLABORATION, QUICK INSTALLATION AND LOW COST TO EUROPEAN CHEMICAL MANUFACTURER


PHILADELPHIA, PA, USA – September 25, 2007 – OXEA, one of the largest suppliers of oxo-chemical products and olefin derivatives, based in Oberhausen, Germany, has selected WAM Systems' Picaso™ Supply Chain Planning Solution to manage its collaborative forecasting and demand management processes. With an aggressive implementation timeline, the company is being closely supported by WAM Systems' local office in Wiesbaden which is installing the solution to seamlessly integrate to OXEA's ERP system.

Once fully deployed, the Picaso platform will support OXEA's global demand forecasting process and facilitate their monthly demand review meeting. Targeted benefits of the system include:
  • Electronic collection, distribution, and stewardship of collaborative sales forecast data provided by the global participants in OXEA's monthly forecasting process
  • Offline ability to edit forecasts while disconnected from the corporate network and ability to synchronize updates during the next connection
  • Integration with OXEA's ERP system for master and transactional data
  • Integration with OXEA's established S&OP process and toolset
  • Extensibility of Picaso to eventually replace and support all supply chain planning functions
  • Lower total cost of ownership than OXEA's previous technology

About OXEA
OXEA Group globally manufactures and markets solvents, polyols and oxo derivatives such as carboxylic acids and alkyl amines for a large variety of applications. They are used in day-to-day products such as high-quality coatings, lubricants, cosmetic and pharmaceutical products, flavors and fragrances, dyes and plastics. OXEA was established in March of 2007 as a result of the merger of European Oxo and selected businesses of Celanese Chemicals. The company has proforma annual sales of about US$1.7 billion and employs some 1,300 people in the United States (Bay City and Bishop) and Germany (Oberhausen and Marl). These are supported by an experienced sales team in OXEA's most important markets worldwide. For more information on OXEA Group, please visit the company's website at www.oxea-chemicals.com.

About WAM Systems
WAM Systems, Inc. develops advanced supply chain planning solutions designed for the process industry. WAM's Picaso™ solution is used throughout the global process industry, providing a broad set of visualization, decision support, and optimization tools that address the unique challenges found in managing complex supply chains. Picaso solutions address a wide range of business processes including collaborative demand management, inventory and distribution optimization, production planning and scheduling, and procurement planning. The company and its worldwide partners also provide a full range of consulting, support, training and implementation services. Headquartered outside of Philadelphia, WAM's customers include Basell, Celanese, Chevron Phillips, DuPont, Degussa Engineered Carbons, Eastman, Equistar, Honam, Indian Oil, Lanxess, Lyondell, Petrobras and Solvay. For more information on WAM Systems, visit www.wamsystems.com.