April 10, 2006
Synapsis Technology, Inc., a provider of Environmental Compliance and Product Lifecycle Intelligence™ solutions, today announced that it has formed a strategic partnership with SSA Global™ (NASDAQ: SSAG), a leading global provider of enterprise business software and services. Through this agreement, SSA Global will resell Synapsis' patent-pending Environmental Material Aggregation and Reporting System (EMARS).
Manufacturers and their suppliers, especially in the electronics and automotive industries, are continually facing new industry regulations in which they must comply in order to do business in certain countries. Environmental regulations such as the ELV (European End of Life Vehicle), RoHS (Restrictions on the use of certain Hazardous Substances) and WEEE (Waste Electrical and Electronic Equipment) directives are just a few examples. The risk of non-compliance can range from potential fines to being completely shut out of key markets and the lack of visibility to compliance information can lead to increased costs and excessive product redesign costs.
EMARS is Synapsis' off-the-shelf solution that offers a complete set of functionality to analyze and track compliance at the substance, material, part and product level and efficiently manage the data collection and reporting process. EMARS maximizes the visibility of compliance information to all stages of the product lifecycle and therefore minimizes the risk and cost associated with non-compliance.
Cory Eaves, SSA Global's chief technology officer said, "Our customers are facing ever growing compliance challenges and through this partnership with Synapsis we can now offer a solution to help our customers meet the requirements of RoHS, WEEE and similar environmental directives being developed around the globe."
"With thousands of active customers around the world many of which are in the automotive and electronics industries, this relationship with SSA Global will help extend our reach to a much larger group of companies," said Tim Irvine, vice president, Sales & Marketing at Synapsis. "SSA Global's customers will now have access to a fully integrated compliance solution to address the variety of challenges with existing environmental regulations and provide a framework to stay ahead of future regulations."
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