Comshare wins $188,000 group management and statutory reporting software contract with Powell Duffryn

Business Wire, Dec 4, 1996

LONDON--(BUSINESS WIRE)--Dec. 4, 1996--Comshare announced the sale of the latest version of Commander(TM) FDC to industrial group, Powell Duffryn, for the production of a new group management and statutory reporting application. Commander FDC, the UK's leading consolidation and financial reporting application, will be used at group HQ and various reporting sites throughout the world to provide better reporting and analysis. The software contract is valued at 125K pounds ($188,000 US).

Commander FDC was chosen after 12 months' exhaustive competitive evaluations to replace Powell Duffryn's traditional spreadsheet reporting. FDC was selected for its fully distributed architecture which will ensure full functionality to remote divisions and sites, and for its interface with Comshare's Executive Information System, Commander Decision.

Comshare will also provide full support and consultancy for Powell Duffryn's implementation. The first phase of development started last week with training for the Group at Comshare's Northern Europe head office in London. Implementation will follow before the end of the year. The application will go live with the first set of management reports in early '97 and with the statutory reporting later in the year.

Further information

Powell Duffryn is an industrial group with interests in ports, specialist engineering and distribution. Its principal businesses, which are largely located in the UK, comprise port operations and shipping services; and specialist engineering, including marine equipment, industrial compressors, combustion systems and waste disposal equipment. The Group supplies 900 million pounds of services and products annually, has more than 7,000 employees world-wide, has 11,000 shareholders and is valued on the stock market at 350 million pounds.

About Comshare

Comshare, The Decision Support Company(TM), develops, markets and supports complete client/server decision support applications designed to improve business analysis, planning, reporting and decision making. The company focuses its applications software in four major markets: financial reporting, executive information systems (EIS), retail and consumer packaged goods. One of the top 50 independent software companies, Comshare has over 3,000 customers world-wide, many of which are Fortune 1000 and Financial Times Top 1000 companies.

Comshare launched Commander FDC nearly six years ago. Today, over 650 group organizations world-wide use Commander FDC to collect and consolidate management and statutory accounts.

No company in the world has more experience building and supporting real-world decision support solutions than Comshare.

For more information about Comshare products and services please contact: In the UK - Michael Coveney, Comshare Ltd - 44 171 351 4399 Internet ukmktg@comshare.com

For more information about Comshare products and services in the US - Steve Tonissen, Comshare Inc - 1-800-922-7979 or see our home page on the world wide web at http://www.comshare.com

Comshare is a registered trademark; Commander FDC is a trademark of Comshare, Inc. All other trademarks are the property of their respective holders.

NOTE TO EDITORS: This press release contains an "at" symbol between "ukmktg" and "comshare.com." This symbol may not appear properly in some systems.

CONTACT: Comshare - UK

Nicky Clark, 011 44 171 351 4399

or

Eiler Communications

Larry T. Eiler, 313/761-3399