Precimed Selects Answerthink's EzMed Solution and SAP To Streamline Business Processes and Position for Growth; One of Ten Life Sciences Companies to Select Answerthink And EzLifeSciences in the Past 12 Months

Business Wire, Sept 21, 2006

MIAMI -- Answerthink, Inc. (NASDAQ:ANSR) announced today that Precimed, Inc. has gone live with EzMed, a mySAP(TM) All-in-One solution from Answerthink that is preconfigured with best practices and functionality specifically for growing medical device manufacturers. The solution will be hosted for Precimed by SAP Managed Solutions under a 36-month contract.

Answerthink is a strategic business and technology consulting firm that enables companies to achieve world-class business performance. mySAP All-in-One solutions are industry-specific software, implementation, and training solutions developed by SAP partners using SAP applications.

According to Precimed CFO Jeffrey Stello, "Using industry best practices from SAP and Answerthink, Precimed has installed a fully validated system that is up and running in just 21 weeks. Answerthink and SAP Managed Services have enabled us to install and go live faster than we imagined was possible."

Precimed is a growing Swiss medical technology company focusing on the design and development of innovative instruments for the orthopedic implant market. The company has its global headquarters in Orvin, Switzerland; North American headquarters in Exton, PA; as well as subsidiaries in the United Kingdom, Japan and Asia. Manufacturing facilities are located throughout Switzerland and in the US, and its leading products, including instrumentation for hip and knee replacement, trauma, and spine are sold worldwide to more than 260 orthopedic OEM customers, among them Zimmer, Stryker, DePuy, Medtronic, Smith & Nephew, Biomet and Synthes. Precimed is well known in the industry for its outstanding quality and innovative products in strong, growing market segments such as minimally-invasive surgery, resurfacing, computer aided surgery, RFID tracking, disposable instruments, and turnkey delivery systems.

EzMed is an industry-specific offering from Answerthink based on best practices from SAP and customized for growing companies in the medical device industries. It is part of Answerthink's EzLifeSciences family of preconfigured solutions that are designed specifically to help life sciences companies achieve goals such as streamlined product development, medical device manufacture reporting automation, and regulatory compliance.

Precimed is one of ten life sciences companies that have selected Answerthink and EzLifeSciences within the past 12 months.

"We have achieved rapid growth organically during the past few years. We intend to accelerate our growth rates with strategic acquisitions and wanted a system that would position us to support this global growth, and also facilitate continuous improvement," said Precimed's Stello. "EzMed will provide us with a single, comprehensive view of all of our critical business processes."

According to Answerthink SAP Solutions Group Managing Director John McGrath, "We're delighted to be working with Precimed. Our EzMed solution was recently certified by SAP, and it is now proving its value with a growing, innovative customer. Like Precimed, many small and midsize companies are coming to the conclusion that they can take on world-class software from SAP if a preconfigured, industry-based approach is used."

About Answerthink

Answerthink, Inc. (http://www.answerthink.com) is a leading business and technology consulting firm that enables companies to achieve world-class business performance. By leveraging the comprehensive database of The Hackett Group, Answerthink's business and technology solutions help clients significantly improve performance and maximize returns on technology investments. Answerthink's capabilities include benchmarking, business transformation, business applications, business intelligence, and offshore application development and support. Founded in 1997, Answerthink has offices throughout the United States and in Europe and India.

About Precimed

PRECIMED is a high-growth manufacturer and developer of surgical orthopedic products. Global operations are headquartered in Switzerland with facilities in the US, UK, Japan and Asia. Precimed began as a precision cutting tool manufacturer and became an independent private entity in 1988. With over 20 years experience in the medical field current certifications include EN46001, ISO9001 and ISO 13485; Precimed carries the CE mark for all standard products and is an FDA registered company. Manufacturing sites include state-of-the-art equipment, including full product surface finishing capabilities, automated product flow controls, state-of-the-art CAD/CAM interface, and extensive industry experience and applications expertise. A well-established research and development team relies on state-of-the-art technology to provide innovative and cutting edge design and development solutions to customers and the orthopedic industry. This includes a focus on the creation and development of intellectual property. With over 260 customers worldwide, sales and support include Europe, North and South America, Africa, Asia and India.