Optimum Logistics delivers leading supply chain management solution in bulk logistics
TransLink is the only supply chain application primarily focused on bulk marine transportation and related logistics management. Since its first live release in April 2000, over 15 multinational chemical companies have been using TransLink. The new release reflects Optimum's commitment to continually enhancing TransLink to meet the needs of its customers. Offered as a hosted model or Application Service Provider, TransLink supports a community of shippers and logistics service providers that share the same application, enhancements and technology platform for maximum collaboration and information management. Alerts, shipment arrangements and negotiations, event management and documentation are key features of the TransLink application. Optimum Logistics also offers its clients seamless integration with Aspen Technology's upstream supply chain solutions to enable the industry's only end-to-end solution.
"Optimum's TransLink product provides a unique logistics solution that leverages their depth of experience in marine transportation, logistics and e-business to support our marine requirements," said Jeff Hemmer, VP Supply Chain, Lyondell Chemical Company and Optimum customer. "Optimum goes beyond shipment visibility and execution efficiencies. By combining all supply chain data in one platform, Lyondell can achieve the necessary information visibility to drive our supply chain optimization models. Integration with our SAP and customer-facing applications further supports our goals of streamlining the business and achieving sizeable supply chain cost reductions."
"TransLink has been well received as a full-featured supply chain application with potential to further support network optimization and contract management. The experience of our founding company, Stolt-Nielsen S.A., coupled with the expertise of our equity partner, Aspen Technology, distinguishes Optimum as the industry solution in petrochemicals. With the future completion of our global freight procurement and management application, TransBid™, and our joint offerings with AspenTech, Optimum will offer a full suite of products from purchasing to Capable to Promise, Available to Promise, and Vendor-Managed Inventory solutions. We feel that this breadth and commitment will continue to distinguish Optimum as the single solution partner of choice in bulk logistics management," stated Sam Cooperman, CEO, Optimum Logistics.
About Optimum Logistics Optimum Logistics, based in Stamford, CT, was founded in January 2000 and is owned by Stolt-Nielsen S.A. and Aspen Technology, Inc. Optimum offers three products to global shippers covering supply chain management through TransLink, global freight procurement through TransBid and integration and connectivity services through TransBridge™. For more information on Optimum Logistics and TransLink visit www.optimumlogistics.com or contact Elizabeth Drabin-Gray, Marketing Coordinator, (203) 316-2386 or information@optimumlogistics.com.
About Stolt-Nielsen S.A. Stolt-Nielsen S.A. is one of the world's leading providers of transportation services for bulk liquid chemicals, edible oils, acids, and other specialty liquids. The Company, through its parcel tanker, tank container, terminal, rail and barge services, provides integrated transportation for its customers. The Company also owns 53 percent of Stolt Offshore S.A., which is a leading offshore contractor to the oil and gas industry. Stolt Offshore specializes in providing technologically sophisticated offshore and subsea engineering, flowline and pipeline lay, construction, inspection, and maintenance services. Stolt Sea Farm, wholly-owned by the Company, produces and markets high quality Atlantic salmon, salmon trout, turbot, halibut, sturgeon, caviar, bluefin tuna, and tilapia. For more information, visit www.stolt-nielsen.com.
About Aspen Technology, Inc. Aspen Technology, Inc. is the leading supplier of integrated software and solutions to the $6 trillion process industries. The company's Aspen ProfitAdvantage™ solution enables companies to identify and maximize profit opportunities throughout their entire value chain -- from the supply of raw materials, through the production of goods, to the delivery of final products to customers. The Aspen ProfitAdvantage solution encompasses engineering, manufacturing, supply chain and e-business collaboration technologies, providing the tools that enable manufacturers to design, optimize and execute business processes in real-time. Over 1,200 leading process companies already rely on AspenTech's 20 years of process industry experience to increase revenues, reduce costs and improve capital efficiency. AspenTech's customers include: Air Liquide, AstraZeneca, Bayer, BASF, BP, Chevron, Dow Chemical, DuPont, Equistar, Exxon Mobil, GlaxoSmithKline, Merck, Mitsubishi Chemical, and Unilever. For more information, visit www.aspentech.com.
This news release contains forward-looking statements as defined in the U.S. Private Securities Litigation Reform Act of 1995. Actual future results and trends could differ materially from those set forth in such statements due to various factors. Additional information concerning these factors is contained from time to time in the Company's U.S. SEC filings, including but not limited to the Company's report on Form 20-F for the year ended November 30, 1999. Copies of these filings may be obtained by contacting the Company or the U.S. SEC.
Source: Optimum Logistics