Press Release

INSTANTIS DELIVERS SIX SIGMA PROJECT LIFECYCLE MANAGEMENT 2.0, A COMPREHENSIVE SOLUTION FOR ENTERPRISES TO ACCELERATE AND REPLICATE SIX SIGMA SUCCESS

Sunnyvale, CA — January 27, 2002 — Instantis, a provider of enterprise software solutions for transforming business processes into Web applications and services, today announced the release of version 2.0 of its Six Sigma Project Lifecycle Management solution (SSPLM 2.0). Instantis SSPLM 2.0 delivers what enterprises need to gain control of their Six Sigma efforts, replicate their successes throughout the organization and enhance the savings of all projects. Leading companies such as McKesson Corporation and Cooper Cameron Corporation have all benefited from adopting the Instantis Six Sigma solution.

Don Wood, Director of Six Sigma at Cooper Cameron Corporation, states, "It was very clear to us that we needed a user-friendly software solution for our black belts and other six sigma team members to manage projects. In addition, we needed a web-based software system that could create the right level of reports for executives and track financial progress. We chose the Instantis solution because of its superior functionality and ease of use. They also lived up to their promise of deployment speed - we were up and running in 3 weeks. Their solution has enabled us to switch paradigms from project reporting to one of project management, allowing proactive involvement for all team members."

As Six Sigma becomes widespread within an organization and more projects are undertaken, Instantis SSPLM 2.0 reduces the administrative burden of tracking, managing and reporting the progress of these projects. Bruce Hayes, President of Executive Advisor Group and a veteran Six Sigma practitioner with leadership experience from dozens of Fortune 500 companies stated, "The ROI of Instantis' Six Sigma solution is almost immediate. The application enables black belts and other practitioners to focus on the Six Sigma methodology rather than the administrative burden of documentation and reporting. Using the Instantis solution Black Belts usually complete one additional project per year. If your organization has only 20 Black Belts that's an additional savings of over $2 Million per year!"

By integrating a rich set of out-of-the-box features and functionality, Instantis provides a complete solution that can accommodate custom Six Sigma roadmaps:

  • An Idea Portal assists project selection by collecting ideas globally over the web and making evaluation more efficient
  • Projects with arbitrary Six Sigma roadmaps (DMAIC, DMADV, DFSS, etc.) may be initiated and auto-populated with the appropriate set of tasks and deliverables to be assigned to the various team members, thus increasing accountability, as well as eliminating repetitive, manual activities
  • Flexible reporting tailored to fit the different needs of different audiences (executives, champions, black belts etc.) ensures buy-in from all stakeholders
  • Searchable knowledge and document repositories ensure that best practices can be shared throughout the organization and projects can easily be replicated
  • Hard and soft dollar costs and savings may be tracked in detail for powerful integrated financial reporting
  • Centralized global team management, along with role and skill-based assignment to projects result in an increased number of successful projects

Ease of use, flexibility, and speed of deployment are consistently rated as outstanding by Instantis customers. Companies can choose to deploy Instantis SSPLM 2.0 either inside their enterprise or from Instantis datacenters. The solution is highly customizable to the specific needs of an enterprise, and the modular table-driven architecture enables parameterization of many elements of the solution, including look and feel, workflow, and arbitrary roadmaps.

Prasad Raje, CEO of Instantis, states, "The SSPLM 2.0 solution reflects all the benefits of a Six Sigma solution custom-tailored to fit the needs of companies that are serious about Six Sigma success. The solution has been honed to perfection with input from a wide variety of practitioners from the Six Sigma community. It has been built using Instantis' industry-standard Java-based technology that can be integrated with any enterprise architecture."

About Instantis

Instantis enables Global 2000 companies to develop Web applications and Web Services in the fastest, most economical way. By leveraging unique methodology and innovative technology, web applications for business automation created with the SiteWand platform are delivered 5 times faster and at half the cost of other custom alternatives. A wide range of developers from HTML authors to Java developers can use Instantis SiteWand to leverage the power of Java without having to master its complexity.

Instantis customers include BellSouth, Compex Legal Services, Cooper Cameron Corporation, McKesson, Netgear, Sperry Van Ness, Wells Fargo, and the Wharton School. These and other customers use SiteWand for web-based handling of complex enterprise processes like service order processing and billing, project and activity lifecycle management (e.g., for Six Sigma projects), dynamic document creation, case and exception handling, and customer communications management.

Instantis was founded in 1999 and is backed by leading institutions including JK&B Capital and Goldman Sachs. Instantis partners include Adobe, HP, IBM, Macromedia, and Sun Microsystems.

Press Contacts:

Mandy Mladenoff

Shekar Ayyar

amladenoff@sterlinghager.com

shekar@instantis.com

415.591.8420

408.732.8800






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