MAPICS To Leap Forward In A Frontstep Way
P.J. Jakovljevic - December 27, 2002

Event Summary

On November 25, MAPICS, Inc. (NASDAQ: MAPX) and Frontstep, Inc. (NASDAQ: FSTP), renowned global providers of extended enterprise solutions for world-class manufacturers, announced the signing of a definitive agreement whereby MAPICS will acquire Frontstep, formerly known as Symix Systems and headquartered in Columbus, OH. This transaction should create one of the largest providers of extended ERP, CRM and SCM applications that are focused exclusively to solving the challenges of discrete manufacturers. The combined company will have solutions that have been implemented in more than 10,000 customer sites worldwide in only a handful of industries of focus. Both MAPICS and Frontstep customers should now be served by a much larger, global company with a heritage of continual delivery of practical business solutions, and excellent service and support...