| San Jose, CA – June 16, 2004 –
Agile Software Corporation (Nasdaq: AGIL), a
leading provider of product lifecycle management
(PLM) solutions, today announced that Dolby
Laboratories and Quantum Corp. have chosen Agile
to enable cost-effective compliance with European
Union (EU) environmental regulations: Waste of
Electronic and Electrical Equipment (WEEE) and the
Restrictions on Hazardous Substance (RoHS).
Leveraging Agile PLM solutions, companies are able
to meet RoHS substance restrictions, design
products with a view of recycleability as required
by WEEE, and design for the environment to
minimize compliance costs and eliminate
noncompliance on future products. According to
AMR Research Report published last year titled
Electronic Waste Processing: Manufacturers Running
Out of Time*, "Although (compliance) support costs
are high, the business risk of noncompliance is
even higher. At the worst, noncompliance will
result in exclusion from the EU market and loss of
market share. At best, it will mean delayed
shipments and possible penalties. Both
consequences spell bad news for high-tech
producers."
“Meeting environmental compliance regulations
is not just an issue of corporate responsibility,
it is a requirement for doing business,” said Earl
Wiggins vice president of quality at Quantum
Corp., a global leader in storage solutions.
“Agile understands the importance of gaining real
time visibility into product information and
enriching it through supplier collaboration to
meet these compliance requirements.” Quantum uses
Agile for supplier material declarations to
maintain a centralized product record that
includes documentation and data sheets to minimize
risks, compliance costs, and business
interruptions.
Agile worked closely with its customers to
develop Agile Product Governance & Compliance
(PG&C), a solution to specifically address the
growing number of environmental regulations and
corporate environmental policies that impact
product definition, import, export and disposal.
Agile PG&C is helping companies to comply with
regulations regarding the WEEE directive, ROHS
regulations, End of Life Vehicle (ELV) reporting
requirements—along with the many international and
regional variations of these mandates, as well as
internal environmental guidelines. The solution
also supports the “design for environment”
processes to minimize cost of compliance and
future liability.
“We came to Agile because we knew of the
company’s strong high tech customer base and its
extensive experience in helping companies address
compliance,” said Richard Bell, vice president of
operations for Dolby, a leading developer of audio
signal processing systems. “PG&C will allow Dolby
to cost effectively track parts and components
from our suppliers, allowing us to immediately
identify those that are non-compliant and take the
necessary actions to meet regulatory
requirements.”
“Addressing environmental compliance directives
is becoming a necessary function in the product
lifecycle management process,” said Jay Fulcher,
Agile president and COO. “We look forward to
expanding our work with our customers to help them
harness the product record as a key asset for
proactively managing corporate compliance
practices to ensure the business trust and
profitability that go hand-in-hand in driving
success.”
About Agile Software Corporation
Agile Software Corporation (NASDAQ: AGIL) helps
companies drive profits, accelerate innovation,
reduce costs, and ensure regulatory compliance
throughout the product lifecycle. With a broad
suite of enterprise-class PLM solutions,
time-to-value focused implementations, and a
unique Guaranteed Business Results program, Agile
helps companies get the most from their products.
Alcatel, Boeing, Dell Inc., Flextronics
International, Hitachi, Leapfrog, Lockheed Martin,
Magna Steyr, Siemens, QUALCOMM and ZF are among
the nearly 1200 customers in the automotive,
aerospace and defense, consumer products,
electronics, high tech, industrial products, and
life sciences industries that use Agile solutions.
For more information, call 408-284-4000 or visit
www.agile.com.
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