| Fort Worth, Texas — December 13, 2004 —
Newview Technologies Inc., the leading provider of direct material specification and procurement solutions, today announced that Delphi, a world leader in mobile electronics and transportation components and systems technology, has selected Newview’s Coordinated Network Procurement (CNP) solution for its Global Metals Program. Through the use of Newview’s solutions, Delphi plans to improve continuity of supply and product quality and better control total cost of acquisition for critical industrial materials.
Delphi’s selection of Newview’s Coordinated Network Procurement builds on a relationship that began with a comprehensive analysis of Delphi’s metallic material supply network. The analysis provided a detailed view of Delphi’s multi-tier sourcing relationships. With visibility to this critical information, Delphi can leverage Newview’s CNP solution and develop dedicated sources for material supply to improve the quality and delivery of raw materials. Delphi plans to implement the first phase of its supply network in North America in early 2005.
"The preceding 12 months have proven to be an extraordinary time for the metals supply market," said Dave Nelson, Delphi’s Vice President, Global Supply Management. "We believe taking a proactive approach to restructuring supplier relationships with a multi-tier view of our supply chain will continue to enhance our ability to deliver quality products to the market, on schedule, and at competitive prices."
With significant raw material spend currently sourced by its sub-tier parts manufacturing community, Delphi plans to restructure allocation and management of this spend on behalf of its supplier network using Newview’s Coordinated Network Procurement module. The solution allows Delphi to manage part data, pricing and transactions in a common framework for the purchase of steel and other direct materials.
Newview’s CNP solution will use an Electronic Data Interchange (EDI) message infrastructure to coordinate an accurate exchange of information and material flow for specifications and price agreements. In addition, CNP will tie into Delphi’s financial systems to provide a closed-loop process through payment and settlement.
"Market leaders such as Delphi recognize the importance of proactively managing critical raw materials that flow through their multi-tier supply chain," said Scott Prince, Newview President and CEO. "Newview has a unique position in helping companies deploy ‘best-in-class’ multi-tier sourcing processes to address complex material environments."
About Delphi
Delphi (NYSE: DPH) is a world leader in mobile electronics and transportation components and systems technology. Multi-national Delphi conducts its business operations through various subsidiaries and has headquarters in Troy, Mich., USA, Paris, Tokyo and São Paulo, Brazil. Delphi's two business sectors - Dynamics, Propulsion, Thermal & Interior Sector and Electrical, Electronics &, Safety Sector - provide comprehensive product solutions to complex customer needs. Delphi has approximately 186,500 employees and operates 170 wholly owned manufacturing sites, 42 joint ventures, 53 customer centers and sales offices and 34 technical centers in 41 countries. Delphi can be found on the Internet at www.delphi.com.
About Newview Technologies Inc.
Newview Technologies Inc. (http://www.newview.com) develops direct material specification and procurement solutions that connect Product Development and Procurement. Companies that select Newview are able to create cost advantages by bringing visibility and control to raw materials and standard components. Built on Newview's flexible Network Business Process Architecture™, these solutions are easily configurable, work with existing business applications and can be deployed in 90 days.
Newview is headquartered in Fort Worth, Texas, and delivers value for customers that include DaimlerChrysler, Ford Motor Company, International Truck and Engine Corporation, Rolls-Royce plc, and BHP Steel. The company is supported by strategic investors led by Bessemer Venture Partners, Greylock, and Kleiner Perkins Caufield & Byers.
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