|
INFORMANCE SELECTED BY CONAGRA FOODS TO HELP STREAMLINE OPERATIONS AND REDUCE OPERATING
COSTS
REDWOOD CITY, CA — January 26, 2007 — ConAgra Foods, Inc., one of North
America's leading packaged food companies, has selected Informance International
to help manage its previously-announced initiatives to streamline operations and
reduce operating costs. ConAgra Foods will partner with Informance to establish
a unified view of its manufacturing assets and opportunities for improved efficiencies
across the enterprise.
Informance, a leader in Enterprise Manufacturing Intelligence (EMI) solutions,
recently announced a new release of their EMI solution for companies eager to accelerate
improvement initiatives, drive operating strategies and obtain actionable insight
for operational performance. Informance is the only EMI solutions provider that
delivers the top three critical capabilities as prescribed by leading analysts to
drive better business decisions: multi-site performance analysis, enterprise visibility
of production financial performance and data aggregation from multiple plant facilities.
"We are honored to work with ConAgra Foods, a company recognized for excellence
in their product lines and their commitment to operational excellence," said
Sunil Singh, CEO and President of Informance International. "We enjoy working
with companies like ConAgra Foods to quickly improve operating efficiencies so that
they can increase and sustain their competitive advantage."
"After a thorough search and evaluation, we selected Informance based on their
ability to deliver results, high-quality analytics, fast time-to-value and domain
expertise in manufacturing," concluded David Kaissling, Vice President, Process
Transformation.
For more information, please contact:
info@Informance.com
__________________
Note on Forward-Looking Statements: This news release contains forward-looking
statements within the meaning of the Private Securities Litigation Reform Act of
1995. These statements are based on management's current views and assumptions of
future events and financial performance and are subject to uncertainty and changes
in circumstances. The company undertakes no responsibility to update these statements.
Readers of this release should understand that these statements are not guarantees
of performance or results. Many factors could affect the company's actual financial
results and cause them to vary materially from the expectations contained in the
forward-looking statements. These factors include, among other things, future economic
circumstances, industry conditions, availability and prices of raw materials, product
pricing, competitive environment and related market conditions, operating efficiencies,
the company's ability to execute its operating and restructuring plans, access to
capital, actions of governments and regulatory factors affecting the company's businesses
and other risks described in the company's reports filed with the Securities and
Exchange Commission. The company cautions readers not to place undue reliance on
any forward-looking statements included in this release, which speak only as of
the date made.
|