Fogbreak announces renewal of support and maintenance agreements with current customers.
Milpitas, CA – Thursday February 23, 2006
Fogbreak announced renewal agreements with its current customer for support and maintenance over the next one year.
Since 2001, Fogbreak is offering solutions for agreement based liability management; contracts management (e.g. SMI/VMI) and helping companies reduce their E&O (excess & obsolete) inventories over time.
“The renewal of support & maintenance agreements was based on our ability to deliver on our promises and our excellent support & maintenance of our Systems’ deployed at current customers while providing an upgrade path to the full suite of Fogbreak™ solutions,” said Founder & CEO at Fogbreak Inc.
“We have a long history of product leadership in the high-tech EMS/OEM industry, with the broadest range of software solutions in the industry,” said Trung Dung, Founder & Chairman of Fogbreak Inc. “The timing of contract renewal re-iterates our software solution and our capability to deliver to the specific customer needs, in this highly competitive industry”
About Fogbreak
Founded in 2001, Fogbreak is the first enterprise software company that helps drive financial discipline into the supply chain of global manufacturers. Fogbreak’s Supply Chain Risk Management applications uniquely combine codified agreement information with transactional ERP data to deliver transparency and predictability needed for maximum cross-enterprise performance. This break-through combination empowers supply chain professionals to Optimize the financial performance of their supply chain decisions, maximize supply chain flexibility and minimize liability and align supply chain strategy with tactical execution The result is measurable improvement in reducing material acquisition cost, reducing excess and obsolete inventory, ensuring continuity of supply, and drastically improving productivity across the supply chain.
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