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18 August 2000
Atlanta, Georgia
FOR IMMEDIATE RELEASE
3C Software Announces Agreement with Cypress Semiconductor
3C Software, providers of the enterprise cost management
system, Impact:3C®, announced a software license and
professional services agreement with San Jose, California
based Cypress Semiconductor. Cypress will use Impact:3C® to
calculate and report detailed product and process costs for
its four manufacturing locations. These locations include
San Jose, California; Round Rock, Texas; Bloomington,
Minnesota; and Cavite, Philippines. Cypress Semiconductor
joins AMD (Advanced Micro Devices), Anadigics, Analog
Devices, and SDL, Inc as semiconductor manufacturers who
have chosen Impact:3C® as their cost management system.
3C Software's product, Impact:3C®, is designed to handle the
complex needs of process intensive manufacturing industries
like semiconductor, chemical, metals, pulp and paper,
textile, glass, electronics and food processing. Complex
issues such as process yield/loss, product obsolescence/down
grade, multiple/alternate product routings, and engineering
change effective dates, as well as typical cost accounting
calculations like allocations, burden rates and process
throughputs, are easily handled by Impact:3C®. Impact:3C's
flexibility, driven by its object-oriented design, allows
each client to model their own unique manufacturing process
and cost methodology. The modeling process does not involve
source code change, so implementations are much faster and
much less expensive than traditional software
implementations. Impact:3C® models can also be replicated
for use in forward looking and what if scenarios.
About Cypress Semiconductor
Cypress Semiconductor is a global supplier of
high-performance integrated circuits with annual sales of
over $700 million. Their strategic customers--leaders in the
data communications, networking, telecommunications, and
personal computer markets--include Alcatel, Cisco, Compaq,
Ericsson, Hewlett-Packard, IBM, Intel, Lucent Technologies,
Motorola, NEC, Nortel Networks, Seagate Technologies, and
3Com / US Robotics, some of which are also 3C Software
customers.
About 3C Software
3C Software, developers of Impact:ECS™ and Impact:3C®, was
founded in 1989 and is a leader in detailed cost management
systems for process manufacturers. Headquartered in Atlanta,
Georgia, 3C Software serves clients in several manufacturing
industries including automotive, textile and apparel, pulp
and paper, semiconductor, chemical and rubber, and food and
beverage. 3C Software's rapidly implemented solutions work
with all accounting methods, are simple to maintain, and
handle unlimited calculations and variables. For more
information about 3C Software, visit
www.3csoftware.com
or call 800-226-2036.
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