IDe Solution for Integrated Product Development Management Selected by Donaldson Company

CONCORD, Mass., Oct. 9 /PRNewswire/ -- Integrated Development Enterprise, Inc. (IDe), the leading provider of Development Chain Management (DCM) software for integrated product development, announced today that Donaldson Company, Inc., has selected IDweb software to integrate and streamline management of the company's product development process. Donaldson, a global developer and manufacturer of filtration systems and replacement parts, has licensed the software to integrate key product development functions, including time tracking, portfolio, project, process, and resource management. Roll-out of the software, both in terms of adoption by Donaldson business units and implementation of additional software features, will take place during a multi-year implementation. Immediately, the 12 business units located on Donaldson's Bloomington, Minn. campus, and the 17 dedicated and shared engineering groups supporting them, will begin using the software to integrate and manage product development activities. Ultimately, the company will implement the software for all product development organizations and activities worldwide.

Donaldson is also implementing IDe's time tracking solution, becoming the first customer to take advantage of the recent partnership whereby IDe is integrating technology from Journyx, Inc., of Austin, Texas. Journyx Timesheet functionality will be available for use with IDweb in Q4, 2001, and will allow companies to track actual time invested in product development against budget plans.

The most comprehensive DCM solution available, IDweb is the first to capture, reconcile and make accessible -- in an integrated application suite - - information from the key management functions of the product development chain, including portfolio, resource, project, financial, partner, and process management. IDweb's unique ability to reconcile and align top-down business strategy with bottom-up project details, across multiple development portfolios, allows corporations to more fully exploit market windows, reduce wasted effort and time to market, and gain competitive advantage by improving productivity, predictability, throughput, and organizational excellence in development efforts.

"Each business unit and engineering group is maintaining its own systems not only for time tracking, but also for project, process, resource and portfolio management," said Paul Kojetin, director of computer-aided engineering, analysis and test at Donaldson. "That's five different systems per group, times 17 groups, on just one campus. Standardizing on IDweb allows us to integrate best practices across business units and throughout the process, greatly enhancing our worldwide corporate collaboration in product development, improving our product portfolios, and reducing time to market." The company also plans to benefit from more optimized product development decisions, more effective work plans and resource allocation, better definition of responsibilities and schedule goals, and reduction of paper- based and training-intensive systems.

"Donaldson's stature as a global producer and supplier of filtration systems for both industrial and engine uses makes them a perfect company to benefit from IDweb," said Rich Moore, president and CEO of IDe. "They have a wide range of product portfolios to manage and as an original equipment manufacturer, they provide their products to many demanding customers. IDweb will help Donaldson to manage their product development process to the highest levels of excellence, which is their goal."

About Development Chain Management (DCM)

DCM applies the power of information technology to managing the business of product development. A Web-based, integrated information network provides all participants in the development chain with real-time insight into the status of projects and portfolios, informing decision-making at all levels and optimizing the use of precious personnel resources. This allows companies to more fully exploit market windows, reduce time to market and wasted effort, and gain competitive advantage by improving R&D productivity, predictability, throughput and profitability.

About Donaldson Company

Donaldson Company, Inc., headquartered in Minneapolis, Minn., is a leading worldwide provider of filtration systems and replacement parts. Founded in 1915, Donaldson is a technology-driven company committed to satisfying customer needs for filtration solutions through innovative research and development. Donaldson serves customers in the industrial and engine markets including dust collection, power generation, specialty filtration, off-road equipment, trucks, and automotive. More than 8,200 employees contribute to the company's success at 40 manufacturing locations around the world. In fiscal year 2001, Donaldson reported record sales of more than $1.1 billion and achieved its 12th consecutive year of double-digit earnings growth. Donaldson is a member of the S&P MidCap 400 Index and Donaldson shares are traded on the New York Stock Exchange under the symbol DCI. Additional company information is available at http://www.donaldson.com.

About IDe

IDe is the leading provider of development chain management (DCM) solutions that increase the effectiveness of the product development process. IDweb, IDe's Internet-based software for integrated development, IDpartner for integrated co-development and IDfinancials for product development financial management, greatly extend the boundaries of possibility for collaborative development both within and beyond the corporate firewall. IDe solutions integrate all the key management functions of product development, including portfolio management, resource management and project management, thereby helping companies to achieve faster time-to-market, increase development productivity, maximize product throughput, increase development predictability, and achieve process excellence. IDweb is available both as a Web-based, turnkey software solution and as a hosted application. Incorporated in June of 1998, privately-held and headquartered in Concord, Massachusetts, IDe is led by an experienced management team of product development experts and benefits from a strategic relationship with management consultancy PRTM. IDweb is based on the Product And Cycle-time Excellence(R) (PACE(R)) framework developed by PRTM, and is effective at automating and integrating the elements of any structured phase- or Stage-Gate(TM) development methodology. For more information about IDe, visit the company's Web site at http://www.ide.com. IDe, IDweb, IDpartner, and IDfinancials are trademarks of Integrated Development Enterprise, Inc. Product And Cycle-time Excellence and PACE are registered trademarks of PRTM. All other products and names are trademarks of their respective owners.

Contacts:
Drexel Ace
IDe (Integrated Development Enterprise, Inc.)
(978) 402-2760
Email Contact
http://www.ide.com



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