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FOR IMMEDIATE RELEASE NEWS RELEASE
For Information Contact: LogicTools: Aimee Ortiz (888) 265-4706

Tactical Planning at A New Level
Profit maximization across the supply chain
October 30, 2001

Chicago, October 26, 2001... LogicTools announces the release of LogicChain® 4.0, a significant enhancement to LogicTools' innovative tactical planning tool. LogicChain is an affordable and accessible tool for planning production and inventory levels based on seasonal, promotional or other demand fluctuations. In this time of concern over the ability to provide service under ever-changing conditions, LogicChain can assist users with the 'what-if' analysis for evaluating trade-offs in order to avoid disruption in the production process while maintaining or increasing service levels. This is achieved by integrating production, inventory and transportation decisions across the supply chain.

LogicChain 4.0's new features include a redesigned interface with flexible forms and ease of use. In addition, LogicChain provides new capabilities such as optimizing for profit maximization based on revenue per customer. This allows companies to not only look at how to minimize costs in their supply chain but also to evaluate specific customers and regions and adjust prices so as to serve customers profitably. Other features include flexible time periods and extensive production modeling capabilities.

"LogicChain is one of the few tools in the market that combine manufacturing and distribution constraints in a single modeling tool that is easy to use and cost effective. The software has proven its robust capabilities in some very challenging applications and the excellent support from the LogicTools staff is truly a differentiating characteristic. LogicChain has been a great choice for us." Says Paige Greve, Partner, Supply Chain Strategy Group, PriceWaterhouseCoopers.

According to Edith Simchi-Levi, VP Operations of LogicTools, "LogicChain 4.0's release is another important step in our ability to provide users with easy to use, understandable tools that can make a major impact on their business. LogicChain allows companies to match supply capacities and demand forecasts with logistics capabilities in order to determine the right price and strategy for serving customers. Planned activities, such as promotions, can be analyzed in detail so that the price and availability are commensurate with each other. LogicChain addresses the increased profits and quick ROI that companies need to be focused on to succeed in this volatile business environment."

LogicTools' solutions have revolutionized the market by eliminating complex, expensive and customized software implementations on the one hand and limited spreadsheet analysis on the other. Providing the capability to optimize the supply chain results not only in significant savings, 5%-10% are typical, but also a clarity of vision and better understanding of the various trade-offs.

Companies that have recently purchased LogicTools products and services include Bunge, ConAgra, Cap Gemini Ernst &Young, General Motors, Kraft Foods, PriceWaterhouseCoopers, Scotts Company, and USCO Logistics.

About LogicTools

LogicTools (www.logic-tools.com), founded in 1995, offers a comprehensive range of products and services to support strategic and tactical decisions in a variety of industries. LogicTools software stands out for its state-of-the-art problem solving algorithms and concise graphical user interfaces. Lean and efficient, LogicTools software offers unparalleled sophistication while running on familiar and inexpensive desktop PC's.

LogicTools has been featured in many publications including, Darwin Magazine (2001), Inbound Logistics (January 2001), Parcel Shipping & Distribution (April 2000, April 2001), Plant Sites & Parks (1999, 2001), and Supply Chain Management Review (Nov/Dec 2000). In addition, Inbound Logistics magazine named LogicTools a "Top 100 Logistics IT Provider" for the year 2000.
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