The Value of Working Together

A unified business strategy will push results to the bottom line and provide advantage over the competition by strengthening ties to customers and suppliers and promoting efficiency and cost prudency by replacing manual and paper-based processes with digital counterparts.

Exact Software's Gary Chervitz was recently featured in Supply & Demand Chain Executive where he discusses four tips to building a collaboration strategy:

• Corporate culture and behavior must reflect collaborative principles
• Use integrated technologies to revitalize ERP
• Reinvent the paper trail and increase accountability and visibility
• Monitor, measure and manage

Read the full article >>

Collaboration projects successfully help companies do more with less, work leaner and greener with fewer resources and lower operating expenses. Becoming more collaborative is truly a process, and keeping an eye upon continuous improvement efforts is essential. By combining these basic principles with the right collaborative technology, an organization will definitely find itself working together more effectively.

For more information about Exact Software, please visit: www.exactamerica.com or contact us: 1-800-468-0834, ext. 2650.

Announcing Exact Software Acquisition to Longview Solutions

Exact Software, one of the world’s leading providers of business software solutions and Longview Solutions, a leading provider of Corporate Performance Management (CPM) software solutions, jointly announced the signing of an agreement for Exact to acquire Longview on September 17, 2007.

This strategic acquisition will strengthen Exact’s business empowerment software portfolio by adding Longview’s powerful CPM platform, and will accelerate Exact’s expansion into the higher end of the mid-market. In turn, Longview will benefit from Exact’s financial strength and geographic footprint as it continues to deliver best-in-class CPM software and services to the enterprise market and further expands into the mid-market.

The planned acquisition contemplates an all-cash purchase price of approximately USD 51.5 million on a cash-free and debt-free basis, representing a revenue multiple of 1.8. The acquisition is expected to enhance Exact’s cash EPS from the beginning, but will have limited impact on Exact’s net result in 2007 due to the transaction date. The transaction is subject to customary closing conditions and is expected to close on or before November 15, 2007.

“The strategic fit of this acquisition is excellent. Longview will broaden our solution portfolio beyond traditional ERP and the complementary market focus facilitates our expansion in the higher end of the mid-market,” said Raj Patel, CEO of Exact. “We are very excited about and absolutely committed to Longview’s proven technology, the quality and knowledge of its employees, and its diverse and distinguished customer base. It also enables our mid-market customer base to benefit from Longview’s experience and expertise in performance management. This is a milestone for Exact in executing our strategy towards becoming the leading business empowerment software company.”

“We are very excited to be joining the Exact family. The two organizations and our respective product suites complement each other very well,” said Mark E. Burton, President and CEO of Longview. “Longview has long been recognized as a visionary and technology leader in corporate performance management. This acquisition will allow us to continue to deliver on Longview’s technology roadmap and accelerate the execution of our sales and marketing strategy. In addition, we believe that a significant number of our customers could benefit from the Exact e-Synergy platform.”

For more information contact Exact Software at http://www.exactamerica.com.