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Logistics Institute Partnership
ILOG has joined forces with the Logistics
Institute-Asia Pacific (TLI-AP) to promote Singapore as a logistics
hub through the institute's Center of Competence in Optimization.
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TLI-AP - ILOG signing ceremony
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By signing a memorandum of understanding, ILOG and TLI-AP established
the terms of a working relationship and strategic partnership. The
agreement calls for ILOG to share its expertise in optimization,
visualization and component-based development. In return, TLI-AP
will use ILOG technologies in projects at the institute, promoting
ILOG and its products in the process. The agreement also enables
TLI-AP to use ILOG's software development tools for research and
educational purposes. ILOG will conduct training programs for TLI-AP
academics to keep them abreast of ILOG's latest technologies.
"This collaboration, our first with an IT company, will be most
beneficial to logistics professionals in Singapore, who can draw
on this experience to further develop the logistics industry in
the region," says Prof. John J. Jarvis, executive director of TLI-AP.
"As a technology leader with a wealth of experience in the logistics
industry and many world-class customers in this area, ILOG was the
natural choice to help us enhance our logistics expertise."
The agreement reaffirms both parties' commitment to increasing
Singapore's competitiveness as a premier transportation and logistics
hub through technological training of logistics personnel. Managing
logistics in Asia-Pacific is highly complex and challenging due
to the number of countries and cultures, making it important to
develop qualified IT personnel and customized logistics solutions
that cater to the region's unique conditions. TLI-AP's extensive
network and ILOG's IT know-how make a formidable combination for
providing the industry with optimization solutions.
Euronext Lists ILOG
ILOG shares are now available throughout Europe via
Euronext, the pan-European stock exchange. In the exchange's
new NextEconomy segment, ILOG is listed with 88 other high-tech
companies and services.
"As a leading worldwide technology supplier," says Roger Friedberger,
ILOG chief financial officer, "we believe that companies in the
NextEconomy segment will be closely watched by technology investors.
ILOG has set high standards of investor communications throughout
its life as a public company and is proud to be included in the
first generation of NextEconomy companies."
Companies admitted to the NextEconomy segment agree to maintain
certain high standards for investor communications, including regular
meetings with investors and analysts, adoption of international
accounting standards, quarterly reporting and communications in
English, as well as the home-country language.
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