FOSTER CITY, CA -- 04/16/08 --
Arena Solutions, the leading provider of
on-demand product lifecycle management (PLM) software for manufacturers of
all sizes, today announced that Ritchey Design Inc. (
www.ritcheylogic.com),
a leading innovator in bicycle design and engineering, has chosen on-demand
Arena PLM to streamline its current product development process, boost
productivity and improve global communication and collaboration. Arena PLM
will help the company speed the development and release of future products
as well as enhancements to current products, including its highly
innovative Break-Away Bikes, a line of ultra-light, racing-quality bikes
that separate so they can be packed in a standard suitcase for easy travel.
Ritchey will also integrate Arena PLM with its Box Solutions ERP system,
further streamlining company processes by linking product planning with
product execution.
An early innovator of advanced bicycle design and a longtime proponent of
the sport of cycling, Ritchey has always been at the forefront of the
cycling market. With products becoming increasingly complex and plans to
ramp up the frequency of new product introductions (NPIs), Ritchey decided
to modernize its design-through-manufacturing processes by replacing its
manual methods for communication and approval -- faxes, emails and
spreadsheets -- with Arena PLM. Not only will the company benefit from
having its data protected by financial-grade
security, but it also will gain the ability to have all product
information and history -- including bills of materials (BOMs), suppliers,
costs, quotes, specs, drawings, files, compliance records and much more --
tracked in a single, centralized, version-controlled product record.
Ritchey employees and suppliers will be able to log into Arena PLM over the
Internet, from anywhere in the world, to have real-time visibility into
current product data. This will help them make better, faster design
decisions, develop superior products and more quickly bring those products
to market.
"Arena PLM offers us a tremendous boost in capability and efficiency. By
adopting Arena PLM, we significantly reduce the time and distance
challenges that result from me being in Taiwan while Tom Ritchey, our
owner, is in the San Francisco Bay Area -- or on his bike somewhere else in
the world. Because we can access Arena PLM online, no matter where we are
or what time it is, we can communicate around 100-percent accurate data and
continue moving our products forward," said Rick Hartwell, product
development manager of Ritchey Design Inc. "We are all excited about using
Arena PLM, knowing that collaboration from concept through production will
be faster, easier and ultimately more effective with a world-class PLM
system in place."
Arena Solutions offers Ritchey Design the lowest total cost of PLM
ownership. Unlike traditional client/server PLM software, Arena PLM is an
on-demand PLM service that is delivered over the Internet, so Ritchey has
no software or hardware to buy, no expensive installations, no maintenance
fees, no costly upgrades, and no incremental IT resources to hire. Because
companies get up and running on Arena PLM in a matter of weeks (not months
or years), Ritchey will quickly realize a positive return on investment.
"We are so pleased that industry leaders like Ritchey Design are choosing
Arena PLM to help them manage mission-critical processes related to the
design, and introduction of their products," said Craig Livingson, chief
executive officer of Arena Solutions. "I have no doubt that Arena PLM will
yield Ritchey some very positive results, not the least of which is the
ability to more easily roll out high-quality products that delight even the
most discerning cycling enthusiast."
About Arena Solutions
Arena Solutions is the leading provider of on-demand (SaaS) product
lifecycle management solutions for manufacturing companies of all sizes. As
the only true on-demand, secure Internet-based PLM service, Arena PLM
provides a superior alternative to complicated, lengthy and expensive
traditional PLM software deployments. Through its award-winning service,
Arena enables product manufacturers and their global supply chains to
streamline
outsourcing, improve operational efficiencies,
collaboration and speed
time-to-market. Arena PLM has been adopted by more than 15,000 users
across companies at all stages of development, including industry leaders
Foundry Networks, Color Kinetics, Intuit, Sierra Wireless, Align Technology
and more.
Arena Solutions' market-changing approach to PLM has received significant
recognition in the industry, including Manufacturing Business Technology's
Top 40 Emerging Vendors, the Supply & Demand Chain Executive 100, Industry
Week's "Technology of the Year - Notable Innovators" and Start-IT
Magazine's "Hottest" Companies and Top 50 Manufacturing Technologies.
Founded in February 2000, Arena Solutions is headquartered in Foster City,
California. For more information, please visit the company's website at
www.arenasolutions.com.
Arena PLM is a trademark of Arena Solutions, Inc. Other product and company
names are the property of their respective holders.
Contact:
Cindi Goodsell
Arena Solutions
cgoodsell@arenasolutions.com
510.479.9015
