Tier-One Automotive Supplier Selects NexPrise to Increase Efficiency TRAM, Inc. Streamlines Cost Estimation and Quote Management Process, Increases New Business Closure Rate, and Cuts Costs for Competitive Advantage CARLSBAD, Calif., Aug. 16 /PRNewswire-FirstCall/ -- NexPrise, Inc. (OTC:NXPS.OB) (BULLETIN BOARD: NXPS.OB) today announced that TRAM, Inc., a Japanese-based automotive supplier, has selected the NexPrise Cost Estimation application. The NexPrise Cost Estimation Solution is designed to help automotive suppliers more accurately, completely and quickly respond to OEM requests for quote. TRAM designs, develops, and manufactures automotive switches, shift levers, and related electronic assemblies -- products that link people to automobiles. Dedicated to the pursuit of safety, improved functional sophistication, system optimization, and more comfortable operability, TRAM is constantly researching and developing new technologies involving electronics, simulations, materials, and ergonomics in pursuit of safety and control systems for the next generation. A customized application that conforms to the supplier's current business rules, Web forms and workflow, the Web-based NexPrise Cost Estimation and Quote Manager will allow TRAM to automate and streamline its manual methods of processing costs and providing customer quotes. TRAM expects to reap several benefits -- for itself and for its customers -- including: -- Reduced cycle time from customer inquiry to response. -- Improved quality and reliability of service to internal and external customers. -- Ability to respond more accurately to customer quotes to win more profitable business. -- Increased operational efficiency throughout the estimating/quoting process. -- Improved support for a globally dispersed operation and data roll-up capability. -- Ability to respond to global customers with accuracy and consistency. About NexPrise NexPrise, Inc. markets solutions that can enable manufacturers to rapidly automate key business processes and produce a return on investment in less than 6 months. These solutions complement and expand on currently installed enterprise systems and allow for the ongoing process improvements companies require to meet their changing business demands. NexPrise, Inc. is headquartered in Carlsbad, California. For more information, please visit http://www.nexprise.com/. DATASOURCE: NexPrise, Inc. CONTACT: Jerome Natoli of NexPrise, +1-650-327-6850, ext. 204 Web site: http://www.nexprise.com/

Copyright