“Newport Corporation is very proud to receive the ASUG 2009 Impact Award in recognition of the dedication and hard work put forth by the team during our SAP initiative. The award highlights an incredible effort across our project team, our employees, and our consulting partner HCL AXON,” said Greg Reischlein, CIO, Newport Corporation. “Being an ASUG member enables the Newport Corporation to obtain value and knowledge from other SAP professionals to help us better leverage our investments in SAP solutions and deliver continued improvements and efficiencies across our company.”
Newport Corporation is a provider of advanced technology products and solutions in the aerospace, life sciences and research industries with more than 1,750 employees around the globe and 2008 revenues of $445 million US. In 2006, executives from Newport Corporation approached HCL AXON to help implement a new SAP solution-based platform across all 18 of their global locations by October 2008. HCL AXON helped Newport quickly replace all of the legacy ERP systems and migrate all of the data into a single global instance of SAP solutions single global instance of SAP solutions, including SAP ECC 5.0, EP 7.0, E-Commerce 5.0 and BI 7.0.
HCL AXON has helped Newport improve its capability to quote, process, and ship orders to customers who require products from its multiple operations. In addition to the cost savings associated with implementing centralized shared services for both Finance and IT, consistency and service levels have improved by migrating to a common set of tools across all locations. Transactions with customers processed through customer service representatives and via the web are more efficient and have fewer errors. Visibility to and management of Newport’s global inventory has resulted in a significant inventory reduction.
“Newport Corporation certainly deserves to be recognized by ASUG for its hard work and determination in improving business processes and increasing customer satisfaction, allowing the company to seek new business opportunities,” said Steve Cardell, president of HCL AXON. “At HCL AXON we take great pride in helping our customers to quickly and cost-effectively implement SAP solutions and we look forward to helping Newport achieve its future goals as well.”
About Newport Corporation
Newport Corporation is a leading global supplier of advanced-technology products and systems to customers in the scientific research, microelectronics manufacturing, aerospace and defense/security, life and health sciences and precision industrial manufacturing markets. Newport's innovative solutions leverage its expertise in high-power semiconductor, solid-state and ultrafast lasers, photonics instrumentation, sub-micron positioning systems, vibration isolation, optical subsystems and precision automation to enhance the capabilities and productivity of its customers' manufacturing, engineering and research applications. Newport is part of the Standard & Poor's SmallCap 600 Index and the Russell Microcap Index.
About HCL AXON
HCL AXON (www.hcl-axon.com), a division of HCL Technologies, is a Business Transformation consultancy that delivers significant value to large, complex organizations through the innovative implementation and support of SAP technologies. HCL AXON has over 4,700 of the industry’s most experienced professionals specializing in the delivery of sustained business improvement through technology enabled transformation programs. HCL AXON's consultants bring in-depth industry expertise alongside best practice functional knowledge to address the strategic, operational, information management and organizational effectiveness challenges faced by organizations today. HCL AXON is renowned for its global ability to help clients define more ambitious strategies, build more effective organizations and shape more successful futures.
About HCL Technologies
HCL Technologies is a leading global IT services company, working with clients in the areas that impact and redefine the core of their businesses. Since its inception into the global landscape after its IPO in 1999, HCL focuses on ‘transformational outsourcing’, underlined by innovation and value creation, and offers integrated portfolio of services including software-led IT solutions, remote infrastructure management, engineering and R&D services and BPO. HCL leverages its extensive global offshore infrastructure and network of offices in 20 countries to provide holistic, multiservice delivery in key industry verticals including Financial Services, Manufacturing, Aerospace& Defense, Telecom, Retail & CPG, Life Sciences & Healthcare, Media & Entertainment, Travel, Transportation & Logistics, Automotive, Government, Energy & Utilities. HCL takes pride in its philosophy of ‘Employees First’ which empowers our 54,026 transformers to create a real value for the customers. HCL Technologies, along with its subsidiaries, had consolidated revenues of US$ 2.0 billion (Rs. 9,842 crores), as on 31st March 2009. For more information, please visit www.hcltech.com
The Americas' SAP Users' Group (ASUG(R)) is an independent, volunteer-run organization that facilitates connections among members of the SAP ecosystem. As the most valued voice for SAP customer influence, ASUG maintains its unique position by connecting SAP experts who share their knowledge back with the community—creating an ongoing cycle of shared experience that enables strong business results and real competitive advantage for the entire SAP ecosystem. (www.asug.com).
Certain statements in this release are forward-looking statements, which involve a number of risks, uncertainties, assumptions and other factors that could cause actual results to differ materially from those in such forwardlooking statements. All statements, other than statements of historical fact are statements that could be deemed forward looking statements, including but not limited to the statements containing the words 'planned', 'expects', 'believes', 'strategy', 'opportunity', 'anticipates', 'hopes' or other similar words. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding impact of pending regulatory proceedings, fluctuations in earnings, our ability to manage growth, intense competition in IT services, Business Process Outsourcing and consulting services including those factors which may affect our cost advantage, wage increases in India, customer acceptances of our services, products and fee structures, our ability to attract and retain highly skilled professionals, our ability to integrate acquired assets in a cost effective and timely manner, time and cost overruns on fixed-price, fixed-time frame contracts, client concentration, restrictions on immigration, our ability to manage our international operations, reduced demand for technology in our key focus areas, disruptions in telecommunication networks, our ability to successfully complete and integrate potential acquisitions, the success of our brand development efforts, liability for damages on our service contracts, the success of the companies / entities in which we have made strategic investments, withdrawal of governmental fiscal incentives, political instability, legal restrictions on raising capital or acquiring companies outside India, and unauthorized use of our intellectual property, other risks, uncertainties and general economic conditions affecting our industry. There can be no assurance that the forward looking statements made herein will prove to be accurate, and issuance of such forward looking statements should not be regarded as a representation by the Company, or any other person, that the objective and plans of the Company will be achieved. All forward looking statements made herein are based on information presently available to the management of the Company and the Company does not undertake to update any forward-looking statement that may be made from time to time by or on behalf of the Company. SAP and all SAP logos are trademarks or registered trademarks of SAP AG in Germany and in several other countries. Other product or service names mentioned herein are the trademarks of their respective owners.
For details, contact
Kirsten Paragona – HCL Corporate US