Formation Systems to Host Webcast on Achieving Higher Profits in the Process Industries with Product Lifecycle Management; Free Webcast Sponsored by Microsoft to Be Held on June 29

Business Wire, June 20, 2005

SOUTHBOROUGH, Mass. -- Formation Systems, a leading provider of product development solutions for the food and beverage, home and personal care and specialty chemical industries, announced today it will host a live, informational Webcast featuring leading research firm AMR Research on June 29, 2005 at 11:00 a.m. EDT. The Webcast, "The Time is Now! Achieve Higher Profit Faster in the Process Industries with Product Lifecycle Management," will discuss why Product Lifecycle Management (PLM) should be a strategic priority for process manufacturers.

In this Webcast Kevin O'Marah, vice president of research for AMR Research's supply chain and PLM technology and new product development and launch practice, and Xavier Reilly, vice president of marketing and business development for Formation Systems, will discuss:

--How process manufacturers can realize significant competitive and bottom-line advantages by leveraging PLM strategies and solutions

--Why Product Lifecycle Management should be a strategic priority

--Real world examples of how competitors are improving time-to-market and reducing costs with PLM

--Where Product Lifecycle Management fits in the enterprise applications Final Four - alongside ERP, CRM and SCM

In today's global economy success means achieving in the face of increasing competitive and regulatory pressures, to combat these pressures companies in the food and beverage, home and personal care and specialty chemical industries must develop innovative and compliant new products faster and more efficiently than ever before. Product Lifecycle Management strategies and solutions have long been accepted as value drivers in discrete manufacturing, now these strategies and solutions have emerged as proven drivers of competitive advantage for the process industries.

Webcast registration is free and can be completed online through the following Web address: http://www.formationsystems.com/prnow

About Formation Systems

Formation Systems is a software and services company that focuses on significantly improving the product development process for manufacturers in the food and beverage, home and personal care and specialty chemical industries. The company helps manufacturers accelerate new product introduction and achieve globally compliant products with lower development costs and a shorter time to world markets. Customers realize these benefits by using Formation Systems' software, Optiva, which enables manufacturers to consolidate the product development process and integrate disparate systems into one centralized, easy-to-use solution. Customers include Akzo Nobel, Barber Foods, Cadbury Schweppes plc, The Campbell Soup Company, The Coca-Cola Company, GE Plastics, Hormel Foods, Kerry Group plc, Parfums Christian Dior, Rich Products, RPM, The Valspar Corporation and Yves Rocher. Formation Systems is headquartered in Southborough, Mass. with offices around the world. For more information visit the corporate Website at http://www.formationsystems.com.