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Ingenuus Joins National Electronics Manufacturing Initiative (NEMI)
Participation in NEMI will contribute to industry interoperability
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SUNNYVALE, CA—October 5, 2000—Ingenuus Corporation (NASDAQ: INGE) a provider of business-to-business collaboration applications today announced that it has joined the National Electronics Manufacturing Initiative, Inc.
"NEMI is a solid leader in the activities surrounding standards among manufacturers," said Mike Carroll, CEO and President of Ingenuus. "Being a part of NEMI allows us to participate in the formation and rollout of those standards ensuring that our customers have products that are part of a greater technology infrastructure."
NEMI is a partnership of the North American electronics manufacturing industry, including commercial and consumer electronics manufacturers, semiconductor manufacturers, substrate suppliers, materials suppliers, equipment manufacturers, and electronics service providers. Other NEMI affiliates include electronics industry associations, government agencies, and research universities.
"NEMI is always looking for leading edge technology that is needed by today’s global manufacturer," said Jim McElroy, executive director and CEO of NEMI. "The Ingenuus Collaborative Change Control Management™ technology is a good example of the kind of leading edge technology we are interested in."
NEMI membership includes representatives from Original Equipment Manufacturers (OEM), suppliers, and affiliated organizations. More than 10 NEMI projects are currently being formed to foster the adoption of new technology deployment. By establishing implementation projects between users and suppliers NEMI helps to facilitate the adoption of manufacturing technology from development into factory accelerating development of the North American-based manufacturing infrastructure.
About NEMI
The National Electronics Manufacturing Initiative’s mission is to facilitate long-term leadership in the North American electronics manufacturing supply chain. The industry-led consortium is made up of more than 50 electronics manufacturers, suppliers, associations, government agencies and universities.
NEMI roadmaps the needs of the North American electronics industry, identifies technology as well as business practice gaps in the infrastructure, establishes implementation projects to eliminate these gaps, and stimulates standards activities to speed the introduction of new solutions. The consortium also works with government, universities and other funding agencies to set priorities for future industry needs and R&D initiatives.
About Ingenuus
Ingenuus Corporation (NASDAQ: INGE) is a provider of business-to-business collaboration applications. Ingenuus applications combine people, processes, information and technology to make normally complex and difficult collaboration simple. The result is a dramatic improvement in profitability and efficiency throughout the supply chain.
Ingenuus is currently targeting virtual manufacturers with its Ingenuus Change Control Manager Applications™. Ingenuus customers are global manufacturers in high technology communications, semi-conductor, machinery, mechanical, medical equipment, process, and FDA regulated industries.
Ingenuus corporate headquarters are located at 830 East Arques Avenue, Sunnyvale, CA 94086. More information is available at www.ingenuus.com
Disclaimer This news release contains forward-looking statements related to Ingenuus Corporation which are based on current expectations that includes statements regarding the Company’s future expectations, beliefs, hopes, intentions, and strategies. These forward-looking statements may involve substantial risks and uncertainties. Actual results and developments therefore may differ materially from those described in this release. For more information about Ingenuus Corporation and risks arising when investing in Ingenuus, you are directed to Ingenuus' most recent reports on Form 10-K and Form 10-Q and registration statement on Form S-1 as filed with the United States Securities and Exchange Commission.
Contact information:
Scott Cleveland
Director of Marketing, Ingenuus Corporation
408-328-9675