Entropic Communications Selects NexPrise for Document Management & Business Process Automation
May 1, 2008 - Carlsbad, CA
NexPrise, Inc. (OTC BB: NXPS.OB) announced today that Entropic Communications (NASDAQ: ENTR), has selected the NexPrise WebSpace Platform to manage the lifecycle of controlled documents and to automate business processes such as purchase requisition approvals, expense reimbursement requests, and personal time off reports.
Entropic is a leading fabless semiconductor company that designs, develops and markets systems which enable connected home entertainment. A rapidly growing public company, Entropic is leveraging NexPrise to insure compliance with Sarbanes-Oxley, ISO and other regulatory requirements. NexPrise’s powerful and flexible Web form builder, workflow modeler and integrated document repository allow Entropic to rapidly automate manual business processes, replacing manually routed static forms with dynamic, easy-to-use Web applications.
Key NexPrise Benefits:
- Reduced I.T. development costs with powerful and flexible workflow modeler and integrated Web forms builder.
- Strict version control and lifecycle approval processes associated with controlled documents, insuring compliance with established change control procedures.
- Low administrative and training costs with seamless integration to existing Active Directory and Intranet portal
- Compressed approval cycle times via automatic alerting and real-time status monitoring
- Robust action item tracking
- Detailed audit trails documenting compliance with standard operating procedures
About NexPrise
NexPrise, Inc. is a leading provider of solutions for document management, program management, and process automation. Its customers include Sikorsky, Textron, and Pratt & Whitney, and Subaru. NexPrise, Inc. is headquartered in Carlsbad, California. For more information, please visit www.nexprise.com.
Safe Harbor Statement
This press release contains "forward-looking" statements about the products and services of NexPrise, as that term is used in Section 21E of the Securities Exchange Act of 1934. Forward-looking statements are denoted by such words as "which enables", "can enable", "allow" and similar terms and phrases. These types of statements address matters that are subject to risks and uncertainties, which could cause actual results to differ materially. Factors that could cause or contribute to such differences include, but are not limited to, successful completion of the development process, risks and delays associated with the development process, unanticipated technological difficulties and resource constraints which may hinder development, customers' utilization of the NexPrise product, the extent of customers' existing inefficiencies and general applicability of the NexPrise product to the customer's needs. In addition, our forward-looking statements should be considered in the context of other risk factors discussed in our filings with the Securities and Exchange Commission, including but not limited to our annual report on Form 10-K and 10-Q filings, available online at http://www.sec.gov. All forward-looking statements are based on information available to the company on the date hereof, and the company assumes no obligation to update such statements.