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Visiprise Exceeds 2007 Objectives

Visiprise continues momentum in MES industry fueled by customer, product and license revenue growth

ATLANTA, GA – February 21, 2008 – Visiprise, Inc., a leader in manufacturing execution systems (MES) for the integrated enterprise, announced today that the company surpassed financial expectations in 2007, increasing license revenue by approximately 50% from 2006. The company also reached significant milestones by launching two new product releases while adding nine new customers and more than 40 new deployments around the globe.

“2007 saw significant achievements for Visiprise,” said Sean McCloskey, president and CEO, Visiprise.  “Since our formation in early 2003, our revenue has increased by approximately 520%, making us the leader in the MES industry.  We have expanded our employee base by approximately 465%, improving our capabilities to deliver our vision of integrated MES to our global customers and set the standard for the industry.”

CUSTOMER GROWTH AND SERVICES
During 2007 Visiprise continued to deliver industry-intelligent MES solutions, services and support to manufacturers, increasing its customer base with the addition of new customers from aerospace & defense, high tech, medical device, automotive and industrial machinery & components (IM&C) industries. A couple of new Visiprise customers include Bartolini After Market Services and Vacon. Visiprise also supported the expansion of solutions and services around the globe, completing 40 services projects and launching more than 30 new implementations in North America, Europe and Asia.

PARTNERSHIP EXPANSION
The Visiprise and SAP partnership continued to expand following a successful completion of SAP’s solution certification process.  SAP announced in June that it had entered into an agreement with Visiprise to resell and market Visiprise Manufacturing under the name “SAP® Manufacturing Execution by Visiprise.”  As a result, Visiprise Manufacturing is currently the only SAP-validated MES solution available to discrete manufacturers.

Other 2007 partnership milestones include signed global agreements with Dassault Systemes, Tata Consultancy Services and HCL Technologies.

PRODUCT DEVELOPMENT
In 2007 Visiprise announced the general availability of Visiprise Manufacturing 5.0, which expanded the Visiprise Manufacturing platform to address complex assembly manufacturing. The release marks the first time a single MES environment is available to support multi-mode manufacturing operations for discrete manufacturers. 

“Visiprise Manufacturing 5.0 provides new functional, technical and usability enhancements that expand into the complex assembly environment as well as new enhancements for high volume manufacturing environments, making it possible for manufacturers to manage multi-mode manufacturing with one MES solution.” said Mike Lackey, vice president industry business units for Visiprise. 

Visiprise also announced the availability of Visiprise Quality Management 2.4, introducing a complete tool nonconformance capture and enhanced data segmentation that allows manufacturers to reduce nonconformance cycle times while increasing shop throughput.

ABOUT VISIPRISE

Visiprise is a leading provider of manufacturing execution for integrated manufacturing operations. Visiprise helps manufacturers gain visibility into manufacturing operations, achieve shop floor control and manage product and process traceability. Focused on aerospace and defense, high tech, automotive, and medical device industries, more than 200 customers around the globe turn to Visiprise. Customers include Actia, BAE Systems, Celestica, ConMed, E-Z-GO Textron, Harman/Becker Automotive Systems, Lockheed Martin, Philips Lighting, Solectron and Thales Avionics. For more information, visit www.visiprise.com.

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VISIPRISE CONTACT:
Tim Porterfield
Visiprise, Inc.
+1 770 619-4126 (office)
+1 404 488-8554 (mobile)
+1 770 475-5126 (fax)
tim.porterfield@visiprise.com
www.visiprise.com