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Lenovo Chooses Steelwedge Integrated Business Planning Solution

World's Fastest-Growing PC Company Selects Steelwedge to Manage Supply Chain Risk in a Volatile Global Business Environment (February 13, 2012)

PLEASANTON, CA -- (Marketwire) -- 02/13/12 -- Steelwedge Software, Inc., the leader in cloud-based Sales and Operations Planning (S&OP) solutions, today announced that Lenovo, the world's second-largest PC manufacturer, has selected Steelwedge to power its global integrated business planning process.

Lenovo plans to deploy Steelwedge software as part of a strategic initiative to tightly align the company's supply chain with dynamic market conditions and strengthen collaboration across its product management, supply chain and sales functions. The company believes this new system will enable it to continue its dramatic business growth, which has seen the company expand faster than its major competitors for over two consecutive years and rise from number four to two in the global PC industry in 2011.

"The new integrated business planning system, with Steelwedge software as a key part of the IT foundation, will allow us to more effectively synchronize our supply chain with market demand, while scaling our global business more efficiently and profitably," explains Jon Pershke, vice president, Business Transformation/IT, Global Supply Chain, Lenovo. "We are confident this project will make our supply chain even more agile and responsive to changing customer needs and market conditions."

"World class growth organizations, like Lenovo, understand that effective business planning is no longer a static annual event, but a collaborative ongoing orchestration uniting key operational stakeholders and real-time metrics," said Glen Margolis, Chief Executive Officer of Steelwedge. "In a dynamic business environment, agility is an organization imperative for growth. We are pleased to support Lenovo with its continued, remarkable growth trajectory."


About Lenovo
Lenovo is a $US21 billion personal technology company serving customers in more than 160 countries, and the world's second-largest PC vendor. Dedicated to building exceptionally engineered PCs and mobile internet devices, Lenovo's business is built on product innovation, a highly-efficient global supply chain and strong strategic execution. Formed by Lenovo Group's acquisition of the former IBM Personal Computing Division, the company develops, manufactures and markets reliable, high-quality, secure and easy-to-use technology products and services. Its product lines include legendary Think-branded commercial PCs and Idea-branded consumer PCs, as well as servers, workstations, and a family of mobile Internet devices, including tablets and smart phones. Lenovo has major research centers in Yamato, Japan; Beijing, Shanghai and Shenzhen, China; and Raleigh, North Carolina. For more information see www.lenovo.com.

About Steelwedge
A pioneer in Integrated Business Planning, Steelwedge www.steelwedge.com, delivers Sales and Operations Planning solutions to global enterprises for a single line of sight from plan to performance to profit. Nobody knows when the next news headline or changing customer demand will throw their business off balance. Steelwedge meets today's business agility imperative with integrated sales, operations and finance planning solutions that provide the "shock absorbers" to react, respond and recalibrate in a volatile environment. Large global enterprises across the Fortune 100, trust Steelwedge to understand fluctuating demand, balance sales and capacity trade-offs, connect S&OP with financial planning, and measure performance against strategic revenue and customer service targets. Steelwedge serves industry leaders including Sony, Applied Materials, Canon, Spansion, Emerson, Enterasys Networks and NVIDIA.

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Media Contact:
Didi D'Errico
dderrico@steelwedge.com


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