Business Services Industry

Substitute For Bw0061, J.D.-Edwards

Business Wire, July 21, 1998

DENVER--(BUSINESS WIRE)--July 21, 1998--

Thrifty Rent-A-Car Chooses J.D. Edwards to Drive Productivity

and Streamline Financial Processes

Enterprise business software developer J.D. Edwards(R) (NASDAQ:JDEC) today announced that Thrifty Rent-A-Car System Inc. has chosen J.D. Edwards' OneWorld(tm) financial solution to fully integrate the company's financial systems and increase productivity.

"J.D. Edwards outperformed its competitors and overwhelmed our selection team with a unanimous vote. OneWorld met and exceeded our expectations," said Jerry Crawford, assistant controller and project leader at Thrifty.

Thrifty will utilize OneWorld's financial modeling and budgeting, procurement and inventory management applications to streamline its financial business processes. "OneWorld will help us improve our financial processes and work more efficiently," said Crawford. Thrifty plans to complete its OneWorld implementation in January 1999.

In addition to improving its financial system, Thrifty will also resolve its year 2000 issue with respect to the financial area. Thrifty will run OneWorld on Compaq servers operating Windows NT(R) and SQL Server. Since J.D. Edwards first introduced its network-centric software solution in August 1996, shipments of OneWorld enterprise software on the Microsoft(R) Windows NT operating system comprise more than two-thirds of all non-AS/400(R) licenses.

"The combined Compaq and J.D. Edwards products provide customers with a proven NT enterprise solution," said Bob Fernander, vice president of enterprise marketing in North America at Compaq. "We are excited about our joint win at Thrifty Rent-A-Car and look forward to further establishing the J.D. Edwards and Compaq partnership to a leadership position in the middle market."

About Thrifty Rent-A-Car System Inc.

Founded in 1958, Thrifty Rent-A-Car System is a value-oriented rental company with a strong presence in both the airport and local car rental markets. The company and its franchise owners employ approximately 6,000 individuals and have a fleet of more than 66,000 cars worldwide. With its world headquarters in Tulsa, Okla., and additional headquarters in Toronto, London and Sydney, Thrifty operates as a franchise system. More than 90 percent of the company's worldwide retail outlets are independent businesses that are licensed to use its trade names, systems and technologies, with strictly enforced facilities and services standards. For the customer, Thrifty offers valuable benefits including extensive airport parking facilities, a long-standing relationship with the American Society of Travel Agents (ASTA) and links to all global distribution systems.

About J.D. Edwards

J.D. Edwards develops, markets and supports multinational, integrated enterprise software for distribution, finance, human resources, manufacturing and supply chain management. The Company's enterprise software operates in multiple computing environments, including IBM AS/400, UNIX(tm), Windows NT and the Internet. Founded in 1977, J.D. Edwards is headquartered in Denver and posted fiscal 1997 revenues of $647.8 million. J.D. Edwards' OneWorld is a network-centric, multinational software package that enables customers to change technology or business practices while reducing costs and business interruptions. Additional information about J.D. Edwards' product offerings can be obtained by contacting the company at 1-800-727-5333 or via the Internet at http://www.jdedwards.com.

Note to Editors: J.D. Edwards is a registered trademark of J.D. Edwards & Company. OneWorld and Configurable Network Computing are trademarks of J.D. Edwards World Source Company. All other product names and companies referenced herein are trademarks or registered trademarks of their respective owners. The historical results stated above are not necessarily indicative of the results of any future period.

CONTACT: J.D. Edwards

Katie Connaughty, 303/334-2554

katie_connaughty@jdedwards.com

COPYRIGHT 1998 Business Wire
COPYRIGHT 2008 Gale, Cengage Learning

 

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