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ABB And ACC Technologies Launch Strategic Alliance

ABB And ACC Technologies Announce Strategic Alliance Focused On Value Creation In The Manufacturing Industry

ABB Business Unit Management Consulting (BUMC), in co- operation with and supported by ABC Technologies (ABC Tech), announces the formation of Global Manufacturing Value Creation Centers to promote Activity Based Management/Activity Based Costing software, methodologies and related services in manufacturing industries.

ABB has established two manufacturing value creation centers in Zurich, Switzerland and Hunt Valley, Maryland (USA) in order to provide technical application services, implementation services, and executive education.

The alliance will work with clients worldwide in the full range of manufacturing and utility industries including energy, life science, consumer goods, automotive, chemicals, textiles, metals, and pulp and paper.

Particular emphasis will be placed upon techniques to link business strategy, business process capabilities, and information and automation systems in order to develop shareholder value, operational excellence and a sustainable competitive advantage.

Andreas Schulte, Vice President of BUMC states, "The move into this alliance demonstrates ABB's intention to expand its business in markets that offer high growth and where ABB can use its proven technology strengths and presence to achieve global leadership. This is also consistent with ABB's strategic shift within the last two years to expand knowledge and service based businesses. This alliance is dedicated to Oros technology from ABC Technologies. This, in conjunction with ABC Technologies' partnership with SAP AG should provide the market with unparalleled value."

"We are proud to support ABB in their efforts to add value to the manufacturing world. ABB has a proven track record in many lines of business and their expertise in ABC/M is widely heralded, as is their knowledge and experience with SAP's R/3 solution," states Prashant Dubey, Vice President of Marketing at ABC Technologies.

About ABB

BUMC is part of the ABB Group and offers comprehensive business solutions and implementation to industry partners based upon ABB global experience. The consulting arm is part of ABB's automation segment which is rapidly turning into an industrial IT company with a revenue of $8.5 bn USD.

The ABB Group ( http://www.abb.com ) is a global engineering and technology company serving customers in power generation, transmission, and distribution; automation; oil, gas, and petrochemicals; industrial products and contracting; and financial services. The Group reported orders in 1998 of $31 billion and employed about 200,000 people in more than 100 countries.

About ABC Technologies

ABC Technologies is the world's leading provider of Activity- Based Costing/Management (ABC/M) and Performance Management software. With more than 3,900 software installations in 65 countries and with more than 25,000 clients trained, ABC Tech is the pre-eminent leader in Analytic ABC/M Applications. The company offers a full range of ABC/M software and technical services to enable pilot installations as well as the implementation of integrated, enterprise-wide information systems.

ABC Tech recently received a substantial equity investment from SAP AG, the fourth largest software vendor in the world, to focus on joint development and marketing of integrated ABC/M solutions.

Together the companies are developing a "Bridge" product, which will allow seamless integration between the SAP(TM) R/3(TM) system and ABC Techs' Oros(R) 99 system. Both companies' clients will benefit substantially by utilizing a proven system combining best-of-breed products to create the industry's first integrated ABC/M system.

ENDS....

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