Nexprise (CE) (USOTC:NXPS)
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Foxconn Division Deploys NexPrise Quotation Solution
CARLSBAD, Calif., Jan. 4 /PRNewswire-FirstCall/ -- NexPrise, Inc. (OTC BB:
NXPS.OB) today announced that NWE Technology, a division of Foxconn
Electronics, has deployed a NexPrise solution for the automation of NWE
Technology's quotation process. The solution automates the process of
preparing price quotes for NWE Technology's customers. It analyzes customer
bills of material against a database of historical costs, allows for the
addition of markups or other costs, and performs calculations before generating
customer-specific quotes and reports.
The NexPrise solution has reduced the time to process quotes by over 90%,
increased quote accuracy, and improved quote consistency. It has also improved
the collaboration between NWE Technology employees in California and in
manufacturing operations in China.
"The quoting process is a critical part of the relationship between contract
manufacturers and their customers," according to Bill Jang, NWE Technology's
Director of Operations. "The NexPrise solution improves the confidence our
customers have in NWE Technology. Our quotes are accurate, consistent, and
timely. Furthermore, we respond more effectively and efficiently to customer
requests."
About NWE Technology
NWE Technology, Inc., a member of Foxconn / Hon Hai Group -- the leading
supplier of mechanical and electrical interconnect solutions for the
communications industry, markets network cases and integrated barebone network
enclosures to top-tier customers in the networking industry. NWE Technology,
Inc. started manufacturing network enclosures in 1998, expanding on its core
competencies in mechanical engineering and tooling technologies. For more
information, please visit http://www.nwetechnology.com/.
About NexPrise
NexPrise, Inc. markets solutions that can enable manufacturers to rapidly
automate key business processes and produce a return on investment in less than
6 months. These solutions complement and expand on currently installed
enterprise systems and allow for the ongoing process improvements companies
require to meet their changing business demands. NexPrise, Inc. is
headquartered in Carlsbad, California. For more information, please visit
http://www.nexprise.com/.
Safe Harbor Statement
This press release contains "forward-looking" statements about the products and
services of NexPrise, as that term is used in Section 21E of the Securities
Exchange Act of 1934. Forward-looking statements are denoted by such words as
"which enables," "can enable," "allow" and similar terms and phrases. These
types of statements address matters that are subject to risks and
uncertainties, which could cause actual results to differ materially. Factors
that could cause or contribute to such differences include, but are not limited
to, successful completion of the development process, risks and delays
associated with the development process, unanticipated technological
difficulties and resource constraints which may hinder development, customers'
utilization of the NexPrise product, the extent of customers' existing
inefficiencies and general applicability of the NexPrise product to the
customer's needs. In addition, our forward-looking statements should be
considered in the context of other risk factors discussed in our filings with
the Securities and Exchange Commission, including but not limited to our annual
report on Form 10-K and 10-Q filings, available online at http://www.sec.gov/.
All forward-looking statements are based on information available to the
company on the date hereof, and the company assumes no obligation to update
such statements.
DATASOURCE: NexPrise, Inc.
CONTACT: Ted Drysdale of NexPrise, Inc., +1-760-804-1333
Web site: http://www.nexprise.com/