Stretch Inc. Uses Arena PLM to Set up the Right Systems and Controls to Take the Market by Storm

Market Wire, May, 2008

Arena Solutions, the leading provider of on-demand product lifecycle management (PLM) software for manufacturers of all sizes, today announced that Stretch Inc. ( www.stretchinc.com ), the pioneer and leader in software configurable processors, has adopted on-demand Arena PLM to enhance collaboration, manage its outsourcing activities, and more easily comply with industry standards and regulations. Stretch selected Arena PLM in part because the company liked what the software-as-a-service (SaaS) model offers: lower cost, reduced risk, anytime/anywhere accessibility, and an easier-to-deploy, easier-to-manage PLM solution.

As Stretch takes the next step in rolling out its breakthrough technology -- marked by video processing and encoding for security and surveillance applications -- it's in a highly competitive position and ready to shake up the industry. "Arena PLM allowed us -- overnight -- to have big company advantages, without adding big company overhead," said Joe McDonough, senior director of customer service and supply operations at Stretch Inc.

Stretch is using Arena PLM to manage the company's bill-of-materials (BOM) information and tie together part numbers, part specifications, approved vendor lists and other information in a single, controlled environment that can be accessed 24/7 from anywhere in the world. "When we say 'go' to our contract manufacturers, we want to be sure that when the machine starts, it's building the right thing," said McDonough. "With Arena PLM, we can ensure quality standards and guarantee predictable results. Our suppliers and contractors can go into Arena PLM, download the latest production version, and build to that spec. This ensures everyone involved has access to the right information."

The benefits of collaboration extend to internal team members as well. "You can talk about Stretch as an entity, but, really, there are many people from multiple departments -- marketing, engineering, management -- who collaborate on product development. Arena PLM is helpful because it provides clarity and ensures everyone is speaking a common language," continued McDonough.

"Stretch is a very smart upstart company that quickly recognized it can leverage technology and outsourcing to compete on a much grander scale in the marketplace," said Craig Livingston, chief executive officer of Arena Solutions. "Implementing Arena PLM during the early stages of the company makes a huge difference. With the right systems and controls in place, Stretch can more easily manage the mission-critical processes that get the company's advanced products to market faster and more effectively. Timing and product quality are key success factors for start-ups. Stretch can rely on Arena PLM to help it meet both of those requirements -- and do so at an extremely affordable price."

About Stretch

Stretch Inc. is delivering a family of software configurable processors, the first to embed programmable logic within the processor. Using familiar C/C++ programming tools, system developers automatically configure Stretch's off-the-shelf processors to achieve extraordinary performance, easy and rapid development, significant cost savings, and flexibility to address diverse markets and changing application needs. Stretch devices are used in video processing, machine vision, and wireless applications worldwide. For more information, visit www.stretchinc.com .

About Arena Solutions

Arena Solutions is the leading provider of on-demand (SaaS) product lifecycle management solutions for manufacturing companies of all sizes. As the only true on-demand, secure Internet-based PLM service, Arena PLM provides a superior alternative to complicated, lengthy and expensive traditional PLM software deployments. Through its award-winning service, Arena enables product manufacturers and their global supply chains to streamline outsourcing , improve operational efficiencies , collaboration and speed time-to-market . Arena PLM has been adopted by more than 15,000 users across companies at all stages of development, including industry leaders Foundry Networks, Color Kinetics, Intuit, Sierra Wireless, Align Technology and more.

Arena Solutions' market-changing approach to PLM has received significant recognition in the industry, including Manufacturing Business Technology's Top 40 Emerging Vendors, the Supply & Demand Chain Executive 100, Industry Week's "Technology of the Year - Notable Innovators" and Start-IT Magazine's "Hottest" Companies and Top 50 Manufacturing Technologies.

Founded in February 2000, Arena Solutions is headquartered in Foster City, California. For more information, please visit the company's website at www.arenasolutions.com .

Arena PLM is a trademark of Arena Solutions, Inc. Other product and company names are the property of their respective holders.

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Media Contacts: Cindi Goodsell Arena Solutions cgoodsell@arenasolutions.com 510.479.9015 Leslie-Ann Campbell Stretch Inc. campbell@stretchinc.com 408-543-2754 Patrick Corcoran Cain Communications jpatrick@caincom.com (360) 314-4732