Purdue Pharma Expects to Relieve Inventory Management Pain with SmartForecasts

Belmont, Mass., September 14, 2006 - Smart Software, Inc., a provider of industry-leading demand forecasting, planning and inventory optimization solutions, today announced that Purdue Pharma, a privately held pharmaceutical company known for its pioneering research on persistent pain, has purchased SmartForecasts^® Enterprise for its Canadian headquarters in Pickering, Ontario.  Purdue is integrating SmartForecasts with its JD Edwards ERP system, and expects the new system to help reduce inventories while maintaining high service levels.

Purdue Pharma has been using a smaller SmartForecasts system for almost 10 years.  The move to SmartForecasts Enterprise represents a significant upgrade that will enable the company to replace another vendor's less capable system.  In addition to the upgrade, Smart Software has provided consulting and integration services that will enable Purdue to integrate SmartForecasts with JD Edwards, which will enhance alignment between the company's Marketing and Materials Management groups, as well as reduce costs associated with data re-entry.

The resulting customizations will also enable the groups to generate accurate forecasts and inventory stocking recommendations that optimize inventories and account for often long lead times for raw materials.  In addition, Sales and Marketing personnel will be able to generate a series of reports that will help them manage planning and budgeting.

"What I've always appreciated about SmartForecasts is its intuitive ease-of-use and robustness," said John Stewart, executive vice president and general manager, Purdue Pharma Canada.  "However, to improve inventory management, we need to improve the way we make stocking decisions.  We expect that, with the advanced capabilities of SmartForecasts Enterprise and the consulting work provided through Smart Software, we'll greatly improve the efficiency of our operations."

SmartForecasts is a cross-industry solution for demand forecasting, planning and inventory optimization with many users in the pharmaceutical industry.  Its patented intermittent demand forecasting technology is deployed by scores of companies with service parts operations, as well as industrial tools and capital goods manufacturers.  SmartForecasts integrates with Oracle, IBM DB2, and Microsoft SQL Server, as well as ERP and SCM systems such as Epicor, Adonix, and SAP.

About Smart Software, Inc.
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, Disney, 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.

For more information, please contact Smart Software, Inc., Four Hill Road, Belmont, MA 02478.
Phone: 1-800-SMART-99 (800-762-7899); FAX: 1-617-489-2748; E-mail: info@smartcorp.com

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