USA: SupplySolution Signs Autoliv as New Client

By Press Release | 4 August 2000

SupplySolution, Inc., providers of Internet-based supply chain collaboration services to the automotive supplier community, has announced its recently secured contract with Autoliv, a worldwide leader in automotive safety. Autoliv has signed a 12-month agreement to employ SupplySolution's Internet-based inventory management service, i-Supply(TM). Autoliv will be utilizing the i-Supply(TM) Service in its seat belt manufacturing facility in Indianapolis, Ind., beginning next month.

Headquartered in Sweden, Autoliv is a pioneer in both seat belts and airbags, and a technology leader with the widest product offering for automotive safety. All the leading automobile manufacturers in the world are Autoliv customers, and are serviced by them from more than 60 subsidiaries and joint ventures in 29 countries. Autoliv tests cars and products at 19 crash test tracks in nine countries, and has more than 23,000 employees globally.

The i-Supply(TM) Service provides real time online collaboration for fulfillment of direct materials, combined with traditional EDI and XML messaging capabilities.

"Autoliv's Indianapolis facility will benefit greatly from the i-Supply Service," said Stephen Bell, SupplySolution president and CEO. "As an Internet-based supply chain management service, i-Supply provides a streamlined method of Collaborative Inventory Management, as well as EDI services via the Internet. This will significantly reduce costs and increase efficiencies within Autoliv's supply chain."

"We expect SupplySolution's i-Supply Service to greatly improve our real- time supply chain management," commented Felicia Bourne, Autoliv's IT manager at the Indianapolis facility. "We're looking forward to its implementation."

About Autoliv

Autoliv Inc. (NYSE: ALV - news) develops and manufactures automotive safety systems for all major automotive manufacturers in the world. The company has 60 wholly-owned subsidiaries and joint ventures with nearly 23,000 employees in 29 vehicle-producing countries. In addition, Autoliv has eight technical centers around the world, including 19 test tracks, more than any other automotive safety supplier. Sales in 1999 amounted to close to US $3.8 billion and net income US $200 million. The company's shares are listed on the New York Stock Exchange, its Swedish Depositary Receipts on the Stockholm Stock Exchange and its stock options on the Chicago Board Options Exchange.

About SupplySolution

SupplySolution, Inc., with offices in Santa Barbara, Calif., and Southfield, Mich., is a private corporation founded by its CEO and president Stephen F. Bell. SupplySolution, Inc. provides the i-Supply(TM) Service, an Internet B2B service that gives both buyers and sellers anywhere in the automotive supply chain powerful, yet easy-to-use enterprise-wide control in monitoring and managing component inventories. The i-Supply(TM) Service, and its suite of application services, dramatically increases efficiency and accuracy in planning, ordering, and inventory control, as well as enabling an unprecedented level of collaboration between the buyer and seller. For more information, contact SupplySolution, Inc. at 800-862-7070 or visit www.supplysolution.com.