Requisite Selects Partner to Solve Content Crisis

WESTMINSTER, Colo. - June 18, 2003 - Requisite Technology, Inc. announced today a content service agreement with Intigma, a developer of intelligent, third-generation data cleansing and enrichment automation tools. Under the agreement, Intigma will provide content services for Requisite and its customers, using its own content tools as well as Requisite’s solution for content creation and management. The agreement allows large organizations to quickly and inexpensively consolidate, normalize and enrich product data from disparate sources into a functional catalog, transforming raw data into a strategic asset that helps drive down costs while supporting effective procurement and sourcing decisions.

A “content crisis” affects large enterprises with different sources of product data trapped in multiple structures and formats. Solving this problem with enriched and unified information allows sourcing professionals and other decision makers to realize detailed “spend visibility” at the item level, permitting accurate assessments of global spend and reducing costs for initiatives like inventory sharing and part duplicate reduction.

Under the agreement, Intigma will use the combined tools of Requisite and Intigma, including Intigma’s Prodilynx content automation platform-built on unique Machine Learning concepts derived from Artificial Intelligence-and Requisite’s proprietary factory content services, eMerge content management system™, BugsEye® finding engine, Content Workstation™ tool and Requisite’s taxonomy platform. The relationship makes Intigma Requisite’s preferred provider for English language cleansing and content creation services for data from sources such as Enterprise Resource Planning (ERP), e-Procurement, Supplier Relationship Management (SRM), Enterprise Asset Management (EAM), and Product Lifecycle Management (PLM).

“We were looking for a partner who could complement our existing services and data management expertise for large enterprises, including SAP customers,” says Requisite Chairman and CEO Bob King. “In the end, Intigma had the automation technology, processes and veteran management team we needed to solve the data management issues that still plague many companies.”

Intigma is the result of several years of research where it focused on the problem of reducing human touch points in product content creation, maintenance and management. The close relationship between the two companies will drive further content management innovation and delivery of leading solutions to large enterprises.

Intigma CEO Ward Thomas says Intigma’s service and technology platform is validated through its go-to-market relationship with Requisite. “This is exactly what we envisioned for our offering,” Thomas says. “This combined solution allows companies to solve their content challenges inexpensively, rapidly and at the highest level of quality.”

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