Penske Logistics Named 2001 Best Practices Award Winner by the
Data Warehousing Institute
Reading, Pa. - June 4, 2001. The Data Warehousing Institute (TDWI) has named Penske Logistics as a 2001 Best Practices in Data Warehousing Award winner for "Extranet Data Warehouse" applications. TDWI provides in-depth, high quality education and training in the data warehousing and business intelligence industry.
Penske Logistics received the award for its innovative supply chain extranet, which provides comprehensive supply chain and logistics information directly to Penske's customers via the internet. Penske was nominated for the award by Business Objects (NASDAQ: BOBJ), a leading provider of e-business intelligence solutions. Penske uses WebIntelligence®, the query, reporting, and analysis solution for the internet from Business Objects.
"Penske Logistics is pleased to be recognized as a leader in using extranet applications to provide our customers with a competitive advantage," said Vincent Hartnett, president, Penske Logistics. " "It is an honor to receive this award from The Data Warehousing Institute."
"We were happy to sponsor Penske Logistics and congratulate them on winning this award," said Bernard Liautaud, president and CEO of Business Objects. "As a leader in supply chain management, Penske Logistics realizes the significant benefits extranets provide for their customers."
About Penske Logistics
A wholly-owned subsidiary of Penske Truck Leasing, Penske Logistics provides integrated logistics services through more than 220 locations in the United States, Canada and Mexico. Penske Logistics Europe provides pan-European logistics solutions. Cotia Penske Logistics Ltda., a joint venture between Penske Logistics and Cotia Trading, offers supply chain management services in South America.
Headquartered in Reading, Pa., Penske Truck Leasing is a joint venture of Penske Corporation and GE Capital. A global transportation services provider, the company operates approximately 208,000 heavy-, medium-, and light-duty trucks and serves customers from more than 700 locations in the United States, Canada and Mexico. Product lines include full-service leasing, contract maintenance, and commercial and consumer rental. Penske Truck Leasing's annual revenues are approximately US $3.4 billion. Penske Truck Leasing can be reached at www.pensketruckleasing.com.
About Business Objects
Business Objects is the world's leading business intelligence (BI) software company. With more than 35,000 customers worldwide, including over 80 percent of the Fortune 500, Business Objects helps organizations gain better insight into their business, improve decision making, and optimize enterprise performance. The company's business intelligence platform, BusinessObjects™ XI, offers the BI industry's most complete and trusted platform for performance management, planning, reporting, query and analysis, and data integration. BusinessObjects XI includes Crystal Reports®, the industry standard for enterprise reporting. Business Objects has built the industry's strongest and most diverse partner community, and also offers consulting and education services to help customers effectively deploy their business intelligence projects.
Business Objects has dual headquarters in San Jose, Calif., and Paris, France. The company's stock is traded on both the Nasdaq (BOBJ) and Euronext Paris (ISIN: FR0004026250 - BOB) stock exchanges. More information about Business Objects can be found at www.businessobjects.com.
