Press Releases

Arena Solutions Wins Crossroads A-List Award 2004

Arena PLM Recognized for Delivering Measurable Results for Business

BOSTON, Mass., May 18, 2004 — Arena Solutions today announced that Arena PLM, the company’s product lifecycle management (PLM) service, received a Crossroads A-List Award from Open Systems Advisors (OSA) as one of the best newly proven solutions delivering business results. For 11 years, the Crossroads A-List Awards have identified the best new technology solutions proven to deliver results. This year, OSA concentrated on evaluating comprehensive solutions and services that addressed today’s top business priorities for technology investment, with a particular focus on measurable results.

According to Nina Lytton, president and principal analyst of OSA, “Arena customers tell us that Arena’s on-demand PLM service is faster, better, and cheaper than traditional premises-based PLM approaches. They also report that they have cut development cycles in half, and are now able to push ECOs through two or three times as fast. This type of positive feedback from the field was instrumental in our decision to award Arena with the Crossroads A-List Honor.”

Earning a Crossroads A-List Award positions Arena PLM as a leader in its category. OSA has a unique and comprehensive process of research and validation. Drawing on in-depth interviews with line-of-business and IT executives, the program identifies the newly proven solutions and services that are making the strongest contribution to business results for early customers right now. Interviews with these early adopters are key in determining qualifications for success including deployability, strategic value, quick payback and measurable return on investment. In 2004, the Crossroads A-List Awards program elevated its prestige by identifying only 10 companies as can’t miss opportunities for technology investment.

“Our industry-leading growth of over 300 percent in the last year has confirmed that our on-demand service model of delivery is taking hold in the market,” said Michael Topolovac, chief executive officer of Arena Solutions. “We’re pleased that OSA has confirmed our value proposition by selecting Arena Solutions as a recipient of a Crossroads A-List Award.”

Arena PLM, the industry’s only on-demand PLM solution, is a hosted, web-based service that provides low-risk, high-reward PLM solutions to product manufacturers that are managing multiple parts and suppliers. The Arena PLM solution facilitates rapid product development and efficient product management by unifying fragmented product teams, outsourced partners, and remote suppliers into one cohesive design and manufacturing chain.

» Read the Crossroads A-List Awards brief.
» Learn more about the award at http://www.crossroads-osa.com.

About Open Systems Advisors, Inc.
Open Systems Advisors, Inc. (OSA), founded in 1989, helps businesses recognize and realize value from their technology investments. Principal Nina Lytton provides strategic and marketing consulting services for technology vendors, due diligence for venture capitalists, and advisory services for organizations pondering where to innovate with technology vs. where to emulate best practices. OSA conducts the Crossroads A-List Research and Awards program on an annual basis, recognizing the best newly proven IT solutions for today’s business challenges. The company can be reached by sending email to info@crossroads-osa.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, 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 Magazine’s “Hottest” Companies.

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.

Contact:
Cindi Goodsell
cgoodsell@arenasolutions.com
1.510.479.9015

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