Mellon Global Cash Management Expands Relationship with Inovis
ATLANTA, GA — May 9, 2006 — Inovis and Mellon Global Cash Management (GCM) today announced that Mellon GCM has expanded its relationship with Inovis with the selection of Inovisworks.net. Mellon GCM will utilize Inovisworks.net, Inovis' next-generation value-added network (VAN), to efficiently manage the flow of B2B commerce data across its global trading community.
"Mellon is always looking for innovative solutions that will support our customers' desire to work more fluidly and economically. We actively seek out and embrace technologies that we believe will assist us in achieving our goals in this regard. We have been very pleased with the service and support we have received from the Inovis team," said Gregory J. Cicero, senior vice president and director of Mellon GCM. "With the addition of the Inovis VAN, we are better positioned to collaborate with our customers."
"We strive to provide the industry's most robust and flexible solutions to improve trading partner relationships and facilitate the supply chain management process," said Sean Feeney, president and CEO of Inovis.
About Mellon Global Cash Management
Mellon Global Cash Management, a payments industry leader synonymous with quality performance and known for its innovation and expertise, designs comprehensive solutions through its broad line of cash management services to meet the specialized treasury needs of corporations, nonprofit organizations and financial institutions. More information on Mellon GCM, a subsidiary of Mellon Financial Corporation, is available at www.mellon.com/gcm. Mellon Financial Corporation, a global financial services company, is one of the world's leading providers of financial services for institutions, corporations and high net worth individuals, providing institutional asset management, mutual funds, private wealth management, asset servicing, payment solutions and investor services, and treasury services. Mellon has approximately $4.7 trillion in assets under management, administration or custody, including $781 billion under management. News and other information about Mellon is available at www.mellon.com.
About Inovis
Inovis is a leading provider of business-to-business solutions that optimize supply chain management. With more than 20 years of experience, the company's comprehensive line of B2B solutions help more than 20,000 companies speed transaction flows, synchronize product information and improve supply chain processes. Inovis was recently named a "Company on the Move" by Consumer Goods Technology, and was included in Supply & Demand Chain Executive's "2005 Supply & Demand Chain Executive 100" and Inbound Logistics Magazine's "Top 100 Logistics IT Providers." For more information, visit www.inovis.com.
