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STAPLES TO JOIN A3 SOLUTIONS TECHNOLOGY
ADVISORY BOARD
SAN FRANCISCO, Calif. — March
19, 2002 — A3 Solutions, Inc., a pioneer in spreadsheet-centric
software technology, announced that its long-standing customer Staples,
Inc. has joined its Technology Advisory Board (TAB) and that the
$11 billion retailer of office supplies is committed to help grow
a next generation planning application with spreadsheet, OLAP, and
Web technologies. As part of its decision to participate in TAB,
Staples is extending usage of its current planning solution, A3
Profit Center XP™ running on Hyperion Essbase.
"At Staples, our planning application is vital
to how we view and run our business," said Dick Howell, director
of financial systems at Staples. "It's the key for maintaining
corporate-wide visibility into store level performance. With A3
Profit CenterT and Hyperion Essbase, corporate-level planners at
Staples consider the timing of store openings and remodels - region
by region. Our 200 users appreciate the spreadsheet interface of
the A3 Solutions technology. For Staples, a spreadsheet interface
is a requirement for planning technology."
When Staples initially deployed A3 Solutions technology
in 1996, the retailer had fewer than 600 stores. Today, Staples
has over 50,000 employees serving customers through more than 1,300
office superstores worldwide. To manage its rapid growth, the company
chose flexible technology - tools that would scale with the organization.
To scale its planning operations, Staples leveraged A3 Profit Center
running on Hyperion Essbase. Looking ahead, Staples is looking for
the next generation of A3 Solutions products to bring the combined
power of spreadsheets and OLAP to more users.
"In its market, Staples is a terrific competitor,"
said Rob Lautt, chief executive officer and president at A3 Solutions.
"Naturally, A3 Solutions is pleased that Staples recognizes
how the combined power of spreadsheets and OLAP impacts their competitiveness.
The Staples team will be valued contributors to our Technology Advisory
Board."
A3 Solutions recently established the TAB to guide
and validate the company's strategy in developing the next generation
of its Modeling and Planning Platform. Spreadsheet-based, A3 Solutions
products combine the power and familiarity of desktop modeling with
the analytic power of OLAP (Online Analytic Processing) technology
and the scalability of the Web. A3 Solutions created its TAB as
an invitation-only forum that will be composed of planning executives
from world-class organizations. The TAB is a cross-section of A3
Solutions customers from a number of industries, including financial
services, telecommunications and retail.
"The purpose of planning is to win, not lose
or tie. The most successful planning applications are those that
increase the visibility of competitive performance to the broadest
number of users," said Lautt. "Maintaining such visibility
requires software that can be easily configured to address an ever-changing
business environment. For planning technology to help an organization
win market share, the software must make sense to those that plan
the business."
About A3 Solutions
A3 Solutions is an innovator in the Corporate Performance Management
market (CPM, BPM, EPM). Leveraging its advanced analytic application
technology, A3 Solutions competes successfully with market leaders
by delivering more powerful budgeting, forecasting, management reporting
and executive dashboard solutions that deploy more quickly and at
lower total cost. Come to our website (www.a3solutions.com) and
see how American Airlines, Avon, Cox Communications, Johnson &
Johnson, McDonald's, Safeway, Toyota, Williams Sonoma, and Verizon
use software from A3 to reduce the time and labor associated with
spreadsheets, increase confidence in reporting and analysis, enjoy
more timely and detailed visibility into operational performance,
and make decisions more quickly and confidently. A3 Solutions' partners
include leading enterprise technology providers such as Microsoft
(Nasdaq: MSFT, News), IBM (NYSE: IBM, News), and Hyperion Solutions
(Nasdaq: HYSL, News). A3 Solutions is headquartered in San Francisco,
California. To learn more about the company or its flagship product,
A3 Modeling, visit www.a3solutions.com, send an email to sales@a3solutions.com,
or call (800) 666-CUBE (2823) or 415-356-2300. |
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