Printronix Selects SmartForecasts to Improve Sales and Operations Planning

Belmont, Mass., March 1, 2006 -- Smart Software, Inc., provider of industry-leading demand forecasting, planning, and inventory optimization solutions, today announced that Printronix (Nasdaq: PTNX), a global supplier of industrial and back-office enterprise printing solutions, has purchased SmartForecasts® to help strengthen its Sales and Operations Planning process through improved forecast accuracy, inventory management and customer service.  Printronix, a $130 million company in fiscal 2005 with headquarters in Irvine, California, plans to integrate SmartForecasts with its SAP ERP system and use the software's results to support worldwide operations.  The company operates four manufacturing facilities and 27 sales and support offices that serve customers around the globe.

Printronix has built a strong reputation for shipping product 'same day or next day' after order receipt.  This policy has led them to maintain excessive inventory on many of the over 3,500 SKUs shipped to customers.  Prior to the implementation of SmartForecasts, the company lacked formal means to set accurate inventory stocking levels.  With SmartForecasts, Printronix expects to improve the way it manages its inventory by getting more accurate estimates of lead time demand, as well as minimizing the amount of inventory necessary to meet the service level needs of same-day shipping.  Additionally, the company is interested in using SmartForecasts to better integrate forecast data into its sales and operations planning process, including the use of input from sales and marketing personnel to build a consensus forecast.

"SmartForecasts provides us with a path for growth with the right balance of cost and functionality," said Gary Inscore, director of master scheduling at Printronix.  "This system is an important part of getting good reliable data to everyone in the organization responsible for setting well-balanced inventory levels, so that we have the right amount of product on the shelves at the right time.  The ability to integrate SmartForecasts with our SAP system will also allow us to share forecast data more easily across the company."

SmartForecasts will provide Printronix with accurate demand forecasts and estimates of inventory stocking level requirements for any lead time and service level combination.  It can be integrated with virtually all host databases, including Oracle, SQL Server, and DB2, as well as ERP systems such as SAP, Epicor, and Adonix, thereby enabling forecasts and inventory stocking recommendations to be shared easily on an enterprise-wide basis.

About Smart Software
Founded in 1984, Smart Software, Inc. is a leader in providing businesses with enterprise-wide demand forecasting, planning and inventory optimization solutions.  Smart Software's flagship product, SmartForecasts, has thousands of users worldwide, including customers at mid-market enterprises and Fortune 500 companies, such as Monsanto, Mitsubishi, Siemens, Kimberly-Clark, Pfizer, GE and The Coca-Cola Company.  SmartForecasts gives demand planners the tools to handle sales seasonality, promotions, new and aging products, multi-dimensional hierarchies, and intermittently demanded service parts and capital goods items.  It also provides inventory managers with accurate estimates of the minimum inventory and safety stock required to meet future orders, thereby ensuring the most cost-effective inventory allocation to achieve desired service levels.  Smart Software is headquartered in Belmont, Massachusetts and can be found on the World Wide Web at www.smartcorp.com.

SmartForecasts is a registered trademark of Smart Software, Inc. All other trademarks are the property of their respective owners.

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