Business Services Industry

XRT-CERG and The Premier Group Announce Regional Partnership to Deliver Cash and Treasury Management Capabilities to J.D. Edwards Enterprise Application Users

Business Wire, June 4, 1999

WAYNE, Pa.--(BUSINESS WIRE)--June 4, 1999--

XRT-CERG Finance S.A. and The Premier Group recently announced a value-added reseller relationship to provide advanced cash and treasury management functionality to J.D. Edwards & Company (NASDAQ: JDEC) customers in the United States and the Caribbean.

Through this alliance, The Premier Group will distribute the XRT-CERG Cash & Treasury Manager(TM) (CTM) product suite for use with the J.D. Edwards network-centric OneWorld(TM) and host-centric WorldSoftware(TM) enterprise business applications. These solutions will address specialized functions such as cash management, debt and investment tracking, foreign exchange exposure management, and electronic banking.

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"XRT-CERG provides a highly functional, median-cost, multi-bank, cash and treasury management solution to support mid-size domestic and multinational corporate operations," said Fermin Rodriguez, managing director of The Premier Group.

"CTM is an affordable multi-bank cash management solution that automates routine functions, provides extensive analysis capabilities and allows cash managers to shift their focus from information gathering to decision-making," said Nathaniel Fraiberger, vice president for CTM Operations for XRT-CERG.

XRT-CERG and The Premier Group are currently working to address the cash management needs of their first joint customer, Puerto Rican Cement Company, Inc., using J.D. Edwards OneWorld financials and the XRT-CERG CTM product. Puerto Rican Cement is the principal cement, lime and concrete manufacturer and distributor in Puerto Rico and one of the largest publicly-held companies in the Caribbean (NYSE: PRN).

Joint customers will have access to XRT-CERG's dedicated, cross-functional CTM team. The group includes sales, consulting, implementation, product management, and client support personnel. The team's objective is to provide CTM clients with a totally packaged solution that guarantees a fast deployment and delivers superior training and support.

J.D. Edwards provides Idea to Action(TM) software for managing the enterprise and supply chain. The Company's integrated applications give customers control over their front office, manufacturing, logistics/distribution, human resources and finance processes for the consumer products, industrial and services industries.

J.D. Edwards enables Idea to Action with ActivEra(TM), a collection of tools and technologies that extend the J.D. Edwards SCOREX and AIMX supply chain solutions and OneWorld(TM) and WorldSoftware(TM) enterprise business software. ActivEra allows customers to change their enterprise software quickly and easily during and after implementation. The Company's solutions operate in multiple computing environments, including Windows NT(R), UNIX(R) and OS/400(R), and are Java(TM) and HTML enabled.

Founded in 1977, J.D. Edwards is headquartered in Denver and posted fiscal 1998 revenues of $934 million. Additional information can be obtained by emailing www.pid@jdedwards.com or via the Internet at www.jdedwards.com.

The Premier Group, based in Coral Gables, Fla., is a leading international provider of enterprise-wide business solutions comprised of enterprise software, computer technology and consulting services.

As one of J.D. Edwards & Company's fastest growing business partners, Premier represents J.D. Edwards enterprise software in the United States and more than 10 countries in Latin America and the Caribbean and serves its customers through offices in Coral Gables, Fla.; San Juan, Puerto Rico; and San Jose, Costa Rica.

Founded in 1993, Premier, a privately held company, has been a J.D. Edwards business partner since 1994 and also has established relationships with technology companies such as IBM and Compaq. Additional information about The Premier Group can be obtained by contacting the company at 1-305-567-3188 or via the Internet at http://www.tpg-intl.com

XRT-CERG Finance S.A. develops, markets, and supports electronic banking, cash, treasury and risk management software solutions for mid-size to large corporations, and banks worldwide. Its software solutions are based on the Microsoft Windows/NT platform, and include both 32-bit client server applications utilizing SQL databases, as well as streamlined solutions for smaller organizations. The company has approximately 11,000 customers in 51 countries. More information on XRT-CERG is available at http://www.xrtcerg.com.

Copyright(c) J.D. Edwards World Source Company, 1999. J.D. Edwards is a registered trademark of J.D. Edwards & Company. The names of all other products and services of J.D. Edwards used herein are trademarks or registered trademarks of J.D. Edwards World Source Company.

All other product names used 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.

COPYRIGHT 1999 Business Wire
COPYRIGHT 2008 Gale, Cengage Learning

 

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