Sappi Fine Paper Purchases SmartForecasts to Help Tighten Inventory Controls

Implements Inventory Optimization Solution in Just 3 Weeks

Belmont, Mass., July 29, 2008 - Smart Software, Inc., provider of industry-leading demand forecasting, planning, and inventory optimization solutions, today announced that Sappi Fine Paper North America, a division of the global paper manufacturer Sappi Limited (NYSE:SPP), purchased Smart Software's flagship product, SmartForecasts^® Enterprise.  Sappi, which makes coated fine and specialty papers, has integrated SmartForecasts with the company's SAP ERP system to help optimize inventory controls, including the accurate estimation of safety stock, cycle stock, and inventory reorder points, and also to increase its ability to react to changes in product demand.

Sappi recognized the need to replace its more time-consuming inventory planning system with a solution that could respond to changes in the marketplace faster and more frequently.  Sappi selected SmartForecasts because of its ability to fit easily into the company's consensus planning process and to quickly import and analyze demand data stored in Sappi's SAP system.  These data are used to generate safety stock and inventory stocking recommendations that are critical inputs to the company's inventory control system.  Sappi also plans to use SmartForecasts' patented intermittent demand forecasting technology to help optimize a portion of its inventory that exhibits hard-to-forecast, slow-moving demand patterns.

"We were able to implement SmartForecasts in just three weeks - nearly a month ahead of schedule," said Andy Avery, the project coordinator at Sappi Fine Paper North America.  "In just two months, we're on our way to achieving our goals with more frequent reviews of inventory levels and a more responsive planning process.  SmartForecasts has helped us to reduce our safety stocks and optimize our cycle stock.  It's done exactly what we expected and proven to be a valuable planning resource."

Headquartered in Boston, MA, Sappi Fine Paper North America is a leading manufacturer of coated fine paper in North America, with an annual capacity of approximately 1.2 million tons of coated fine, specialty, and technical papers.  The company's parent corporation, South African-based Sappi Limited, is a $5.3 billion multinational producer of coated fine paper and cellulose products.

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 Abbott Laboratories, 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 http://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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