Overstock.com Selects MKS Integrity for Application Lifecycle Management
Waterloo, ON — November 30, 2006: MKS Inc. (TSX:MKX) today announced that popular online retailer Overstock.com® (Nasdaq:OSTK) has selected MKS Integrity for application lifecycle management (ALM).
Waterloo, ON — November 30, 2006: MKS Inc. (TSX:MKX) today announced that popular online retailer Overstock.com® (Nasdaq:OSTK) has selected MKS Integrity for application lifecycle management (ALM).
MKS Integrity offers workflow and change management to facilitate better collaboration and process standardization during software development. Overstock.com plans to deploy MKS Integrity at its Salt Lake City headquarters to help its software developers manage development projects more effectively. Overstock.com will also use MKS Portfolios to deliver real-time metrics, analytics and trending data to aid in software project execution.
“Technology is the backbone of our business, which means project management around systems development must be rock solid,” says Sam Peterson, Senior Vice President, Information Technology, Overstock.com. “MKS’s application lifecycle management platform gives us high levels of project control, process standardization and real time visibility that should help us to squeeze inefficiencies and unnecessary costs out of the development process and enable our development team to focus on innovating.”
“Overstock.com’s development team is on the technology leading edge in the retail sector, connecting software innovation to customer satisfaction on a daily basis. MKS’s single platform solution for ALM is an ideal management platform for cutting edge development shops. Within one system of control teams can collaborate, communicate and respond more quickly to changing market demands. We are pleased to welcome Overstock.com to our swelling ranks of retail clientele including such well known names as Barnes & Noble, The Dressbarn, Timberland and Tiffany’s,” says Michael Harris, MKS President and COO.
About Overstock.com
Overstock.com, Inc. is an online
"closeout" retailer offering discount, brand-name merchandise for sale
over the Internet. The company offers its customers an opportunity to
shop for bargains conveniently, while offering its suppliers an
alternative inventory liquidation distribution channel. Overstock.com,
headquartered in Salt Lake City, is a publicly traded company listed on
the NASDAQ National Market System and can be found online at http://www.overstock.com.
About MKS
MKS is the premier provider of application lifecycle management
solutions for the global 1000. MKS’s flagship ALM solution, MKS
Integrity, is the most highly integrated ALM platform in the industry
today, spanning all aspects of the software development lifecycle and
supporting critical business transformations including SOA, application
rationalization and outsourcing. MKS Integrity’s single architecture
drives high levels of user productivity, facilitates rapid deployment
and process standardization while delivering a complete view of
application development activity through real time metrics, trends and
reporting. MKS Integrity also provides essential support for IT
operations through software deployment and issue management. Founded in
1984, MKS serves more than 10,000 customers in countries across the
world. Whether through deployment of MKS’s solution strategically on an
enterprise scale, or by leveraging individual components to solve
project-level challenges, our customers can use MKS’s software to
enable higher levels of process maturity, better manage global
development activity and safeguard their most critical business
applications and software assets. Under its widely known MKS Toolkit
brand, MKS also provides UNIX-Windows co-existence and system
administration that significantly cut development and administrative
costs and reduce time to market, while enabling enhanced performance.
More information about MKS can be found at http://www.mks.com
or by calling 1-800-265-2797 (US & Canada), +49-711-351775-0
(Germany), +44-1483-733900 (United Kingdom) and 1-519-884-2251 (Rest of
World).
Copyright © 2006 MKS Inc. and MKS Toolkit are
trademarks or registered trademarks of MKS Inc. All other trademarks
mentioned in this release are the property of their respective owners.
This news release contains forward-looking statements that involve
risks and uncertainties, which may cause actual results to differ
materially from the statements made. When used in this document, the
words "may", "would", "could", "will", "intend", "plan", "anticipate",
"believe", "estimate", "expect" and similar expressions are intended to
identify forward-looking statements. Such statements reflect the
Company’s current views with respect to future events and are subject
to such risks and uncertainties. Many factors could cause our actual
results to differ materially from the statements made including those
factors detailed from time to time in filings made by the Company with
Canadian securities regulatory authorities. Should one or more of these
risks or uncertainties materialize, or should assumptions underlying
the forward looking statements prove incorrect, actual results may vary
materially from those described herein as intended, planned,
anticipated or expected. Although the Company believes the expectations
represented by such forward looking statements are reasonable, there
can be no assurance that those expectations will prove to be correct.
The Company does not intend and does not assume any obligation to
update these forward-looking statements.
US and Canada Media Contact:
Email: pr@mks.com
