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ABLE ELECTRONICS DEPLOYS PRODUCT CHAIN MANAGEMENT SOLUTION FROM AGILE SOFTWARE

Leading Electronics Manufacturing Company Underscores Commitment to Collaboration Through Strategic Use of Agile Technology For Product Collaboration in Manufacturing

Hayward, Calif.—January 16, 2002

Able Electronics, Inc., a leading electronics manufacturing services (EMS) company, today announced its deployment of Agile Software’s Product Collaboration solution at its manufacturing plants worldwide. With this solution Able will be better able to manage its customer’s products throughout every phase of the product profit cycle, enhance efficiency, cost management and meet market demand.

“Because outsourced manufacturing will continue to grow as an industry, the use of Agile’s Product Collaboration solution will allow us to maintain a very competitive advantage as an EMS,” said Peter Dennis, Able Electronics President & COO. “It will greatly enhance our partnerships with our customers, allowing for manufacturing collaboration exchanges and automating the distribution and synchronization of materials across the supply chain. This will enable us to help our customers get their products to market more quickly as well as improve our relationships with suppliers worldwide.

“Effective collaboration between internal teams and suppliers allows Able Electronics to meet customer demand –building satisfaction and retention levels, even in today’s tough business climate,” Ray Hein, Agile Sr. Director, Product Collaboration Solutions stated. “Equally important is that product costs are closely managed.  Having excellent business processes enables Able to improve customer retention and product cost management, thereby enhancing its competitive position.”

About Agile Software

Agile Software Corporation provides Product Chain Management solutions that enable manufacturers and their partners to build better, more profitable products faster.  Agile has more than 750 customers, including Armstrong Air Conditioning, B/E Aerospace, Bosch, Compaq, Dell Computer, Flextronics International, FujiFilm, GE Medical, InFocus, International Paper, Juniper Networks, Lucent, Nvidia, Philips, Precor, Sycamore Networks, Texas Instruments, and Zhone Technologies.  Call 408-975-3900, or visit Agile at http://www.agilesoft.com. 

About Able Electronics

Originally founded in 1988, Able Electronics Corporation is an ISO 9002-certified, privately-held electronic manufacturing services (EMS) company serving OEMs in the telecommunications, test and measurement, medical instruments, computer peripherals, industrial controls and genetic research industries.  In less than two years, the company has more than doubled production capacity.  Able now occupies a new 135,000 sq. ft., state-of-the-art, corporate-owned facility in Hayward, CA, in Silicon Valley, midway between San Jose, Oakland and San Francisco.  The company also operates manufacturing sites in Mexico and China.  With an ongoing commitment to customer service, Able provides a complete range of EMS solutions from engineering development and prototyping to systems integration and test.  Able offers medium-to-high volume, full turnkey manufacturing, test and logistical services.  For more information, visit Able’s Web site at http://www.ableco.com.

"Safe Harbor" Statement Under the 1995 Private Securities Litigation Reform Act:
This release includes forward-looking statements regarding Agile’s financial results, business outlook, market conditions, long-term prospects, customer base and cash position.  Such forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from those predicted in the forward-looking statements, and are based upon information available to Agile as of the release date.  We assume no obligation to update any such statements. Factors that could cause actual results to differ include, but are not limited to, declining economic conditions that could affect the overall demand for our software and services resulting in decreased revenues or lower revenue growth; cutbacks, reductions and delays by customers in purchases of our software; lengthening sales cycle for our products and increased number of transactions closing at the end of our quarters; unforeseen expenses in future quarters; delays and difficulties in introducing competitive new products and upgrades of products. These and other risk factors and risks associated with our business are discussed in the Company's Form 10-K filed July 25, 2001 with the SEC.

Agile Software, the Agile Software logo, Agile Anywhere, Agile eHub, and MyAgile.com are trademarks of Agile Software Corporation in the U.S. and/or other countries.  All other brand or product names are trademarks and registered trademarks of their respective holders.

Media Contact:
Peter Dennis
President & COO
Able Electronics Corporation
(510) 477-5000
pdennis@ableco.com

 

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