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SHERTRACK RECOGNIZED AS PART OF A NEW BREED OF SUPPLY CHAIN SOLUTIONS

Livonia, Mich. –June 18, 2004 – SherTrack LLC has been recognized as part of a “New Breed” of supply chain solutions by AMR Research, the pre-eminent industry and market analysis firm specializing in enterprise applications and related trends and technologies. In an AMR Research Alert entitled “Chemical Industry: New Applications Are Best Bet for Defusing Demand Volatility”, released today, Colin Masson states: “ … supply chain executives must reassess their production scheduling approach as downstream industries adopt Demand-Driven Supply Network (DDSN) strategies”. Masson, who leads AMR Research’s Chemical & Process Research Team, cites SherTrack’s SNAPPS solution as part of a “… a new class of products is emerging that … uses statistical process control and lean flow techniques to generate optimized schedules in real time, even with current forecast errors.” He continues “this new breed is already delivering autonomic responses to demand volatility in real time.”

“Process manufacturers, in particular, are challenged by the stochastic nature of demand,” notes Alf Sherk, CEO of SherTrack. “A typical process manufacturer has to commit production assets to meet projected demand - before the full demand signal is seen. Because of this, short-term demand variation can prove very costly in terms of perfect order performance, inventory holdings and/or changeover costs.”

SherTrack’s unique stochastic control loop technology removes uncertainty associated with short-term demand -- actually improving the quality of the demand signal. This improved demand signal is fed into SherTrack’s scheduling, DRP and tactical planning engines, which are accessed through a “thin-client” web-based user interface.

“The significant improvements we have delivered to date with SNAPPS underscore the huge opportunity process manufacturers have with this new breed of supply chain solutions,” continues Sherk.

About SherTrack

SherTrack is a software solutions provider which targets innovative process manufacturers who wish to improve customer service, reduce inventory and make their operations more demand-driven. Our solutions are based on a unique stochastic control-loop technology called SNAPPS, which ensures supply and demand are in constant alignment. SNAPPS solution scope ranges from detailed planning and scheduling to DRP to a powerful simulation environment that delivers unique “what-if” tactical planning support. The company is composed of a team of experienced scientists, developers and executives who know the supply chain inside and out, and are recognized innovators in the science of production planning and scheduling. SherTrack is headquartered in Livonia, Michigan. For more information, please visit www.shertrack.com.

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Note to editors: SNAPPS is a trademark of SherTrack LLC.