Sopheon PLC
3 September 2001
FOR IMMEDIATE RELEASE 3 September 2001
SOPHEON PLC
Vodafone UK to Implement Sopheon's
Automated New Product Development Solution
Web-Enabled System Will Help UK Telecommunications Company Enhance Portfolio
Management And Streamline Process Of Developing And Commercializing Winning
Products
Sopheon announced today that it has signed an agreement with Vodafone UK
Limited, under which they will implement Sopheon's Accolade new product
development solution. The Web-enabled system will be made available to
approximately 50 product development professionals in Vodafone UK's Core
Products and Vodafone Multimedia divisions in the initial phase of deployment,
then to an additional 325 in the second-phase rollout.
Sopheon's Accolade solution automates the widely used Stage-GateTM new product
development process. Its combination of software applications, expert
services and preloaded best-practices content provides significant advantages
by speeding the product development process and helping to ensure that
resources are focused on the right projects.
'Vodafone intends to deliver an ongoing stream of innovative, profitable
products and services with first-to-market advantage,' said Malcolm Mitchell,
Director of Information Technology for Vodafone UK Limited. 'We have a
world-class product development process and Sopheon's Accolade solution will
help us manage our process in order to optimize innovation and productivity
and reduce time to market.'
The Accolade system was designed by Sopheon in collaboration with Drs. Robert
Cooper and Scott Edgett, internationally recognized authorities on new product
management, whose work is the foundation for the Stage-Gate system of the
Toronto, Ontario-based Product Development Institute, Inc. (PDI). Accolade is
preloaded with product development best-practices content created by Cooper
and Edgett, and also gives users access to Sopheon's technical and industry
experts and its award-winning research portal, Teltech.com.
Vodafone UK's implementation of the Accolade solution includes a product
portfolio management module - NewPort MaxTM - that gives executives the
ability to review and assess all new product projects on a continual basis
throughout the development process.
'The telecommunications industry is volatile, intensely competitive and,
increasingly, a showcase for innovation in products and services,' said Andy
Michuda, chief executive officer of Sopheon. 'Vodafone UK has been in the
forefront in creating important data and voice service initiatives, earning a
reputation for customer-focused innovation and demonstrating a keen
appreciation for the escalating importance of effective new product
development. We are extremely pleased that this industry leader has selected
Sopheon's Accolade, a solution that represents the next step in sophistication
for companies that are looking for ways to increase and accelerate the
production of successful new products. We are looking forward to partnering
with Vodafone in its new product development efforts.'
For further information contact:
Sopheon plc Tel : + 44 (0) 1483-883000
Barry Mence, Chairman
Arif Karimjee, CFO
Buchanan Communications Tel : + 44 (0) 20-7466-5000
Steve Liebmann or Edward Cowdery
(
Citigate First Financial Tel : + 31 (0) 205-754-080
Barbara Jansen
About Vodafone
Vodafone UK Limited is part of the world's largest mobile community, Vodafone
Group Plc. Vodafone's strategies embrace voice, data and Internet-based
services, focusing on satisfying customers' needs. Its strategies emphasize
capitalizing on new developments in technology that enable the company to
bring an ever wider and richer range of services to its customers. For more
information, visit www.vodafone.com.
About Sopheon
Sopheon (LSE:SPE), which last year merged with Minneapolis-based Teltech
Resource Network Corporation, is a leading international provider of
information and knowledge solutions that enable companies to more efficiently
access internal and external information and turn it into the knowledge to
compete. Sopheon's experience in integrating information process and content
is the foundation for a combination of pre-loaded, industry-specific software
applications, expert services and specialized content. Its comprehensive
solutions are used to enhance knowledge-intensive business processes such as
product development, R&D and quality management. Sopheon has operating bases
in the United Kingdom, Germany, the Netherlands and the United States. Its
clients are companies in the life sciences, high tech and healthcare industry
sectors, and include nearly half of the technology-driven companies on the
Fortune 500. For more information, visit www.sopheon.com.
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