3C Software Announces Agreement with TriQuint Semiconductor
17 January 2001
FOR IMMEDIATE RELEASE
3C Software, providers of the enterprise cost management system, Impact:3CÂ®, announced a software license and professional services agreement with Hillsboro , Oregon based TriQuint Semiconductor. TriQuint will use Impact:3CÂ® to calculate and report detailed product and process costs for its Oregon and two Texas manufacturing locations. TriQuint joins Xilinx, Cypress Semiconductor, AMD (Advanced Micro Devices), Anadigics, Analog Devices, and SDL, Inc as semiconductor manufacturers who have chosen Impact:3CÂ® as their cost management system.
TriQuint Semiconductor, Inc., (NASDAQ: TQNT) is a leading worldwide supplier of a broad range of high performance gallium arsenide (GaAs) integrated circuits. TriQuint’s products span the RF and millimeter wave frequency ranges and employ analog and mixed signal circuit designs. They are used in wireless communications, telecommunications, data communications and aerospace systems. TriQuint offers both standard and customer specific products as well as foundry services. TriQuint’s two operations, in Oregon and Texas , are both certified to the ISO 9001 international quality standard. Expected to exceed $300 Million in annual revenues for the year 2000, TriQuint Semiconductor was founded in 1985 at the Beaverton , Oregon laboratories of Tektronix by a group who had undertaken the first GaAs research and development work in 1978.
3C Software, founded in 1988, specializes in enterprise cost management systems for process intense manufacturers. Their software product, Impact:3CÂ®, is currently running at over 350 manufacturing locations. A partial list of 3C clients includes: PPG Industries, Pratt & Whitney, Mohawk Industries, Russell Corporation, Champion International, Cooper Tire & Rubber Company and Minnesota Corn Processors.
Impact:3CÂ® 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:3CÂ®.
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:3CÂ® models can also be replicated for use in forward looking and “what if” scenarios.
About 3C Software
3C Software, developers of Impact:ECSâ„¢ and Impact:3CÂ®, 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.