Optiant Named a Food Logistics Top 100 Technology Supplier for 2008

Inventory Optimization Seen as Key Tool for Cost Savings Within the Food Industry

BOSTON, Dec. 22 -- Optiant, a premier provider of supply chain optimization solutions, has been selected as a Top 100 Technology Supplier by Food Logistics magazine. Each year, the editors of Food Logistics recognize 100 technology and solution providers that help grocery and foodservice distributors and manufacturers reach their business goals. Optiant was chosen for its award-winning PowerChain(R) product suite, which applies multi-echelon inventory optimization to create least-cost supply chains with increased customer service levels for food industry companies such as Nestle, Kraft Foods, and Hershey.

"The FL100 provides a list of technology providers, products and services specifically focused on the unique needs of the food industry," said Katherine Doherty, editor-in-chief of Food Logistics magazine. "Our readers turn to Food Logistics to learn about solutions and services that help them better manage their businesses. The FL100 recipients have demonstrated that they can meet our readers' specific needs."

"Optiant is proud to be named a top supply chain solution supplier to the food industry," said Fred Lizza, CEO of Optiant. "In the current economy, food companies are rethinking their supply chain strategies around inventory. Key initiatives include optimizing processes for setting safety stocks, postponement strategies and more. Optiant delivers least-cost, highest service level global supply chains."

Food Logistics selects the Top 100 Technology Suppliers based on input from its readers, editors, consultants, and industry analysts. Awards are given to an annual list of top Information Technology (IT) providers across software, hardware, and services that focus on the unique needs of companies in the food supply chain. For the complete list, see the latest issue of Food Logistics magazine or visit online at http://www.foodlogistics.com/.

About Food Logistics

Food Logistics is published by Cygnus Business Media, a leading diversified business-to-business media company. The magazine serves the information needs of food, beverage, and consumer packaged goods executives involved in warehousing, transportation, and information technology, as well as third-party and refrigerated service providers. Through our print and online products, we provide news, trends and best practices that help more than 25,000 grocery and foodservice suppliers, distributors and retailers make better business decisions. On the web at http://www.foodlogistics.com/.

About Optiant

Optiant, a premier provider of supply chain network design, inventory optimization, and supply chain business intelligence solutions, helps Global 2000 companies optimize bottom-line performance through the creation of the world's most responsive and resilient supply chains.

Optiant's solutions optimally balance resources, total costs, and customer service across the supply chain to deliver greater profitability, increased customer satisfaction, more efficient use of capital, and a resilient supply chain that fully handles uncertainty in supply and demand. Optiant has transformed supply chains for the world's leading manufacturers including Black & Decker, Celanese, Hershey, Hewlett-Packard, IKEA, Kraft Foods, Microsoft, Nestle, and Procter & Gamble.

Delivering millions of dollars in returns, Optiant's industry-focused solution, certified for integration by SAP, generates quantifiable business results within 90 days of implementation. Optiant's solutions are based on award-winning research from MIT and decades of experience dedicated to the identification and realization of supply chain efficiencies. For more information, please visit http://www.optiant.com/.

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All other product and service names mentioned are the trademarks of their respective companies.