McGuigan Simeon Wines Awards Scheduling Optimization Contract to SolveIT Software

Major Australian winery to use Artificial Intelligence software for planning and scheduling.

Adelaide, South Australia (PRWEB) November 16, 2006 -- SolveIT Software Pty Ltd, a premier provider of Profit Optimization software solutions for Global 1000 companies and government organizations, announced today that it has signed a contract with McGuigan Simeon Wines for the delivery of a software system that will optimize crush scheduling.
   
Under the terms of the agreement, SolveIT Software will use its proprietary optimization platform to develop a crush scheduling system for McGuigan Simeon Wines. Based on a collection of adaptive Artificial Intelligence technologies, the software system will maximize equipment and labor utilization, while also taking into account complex business rules and unexpected changes.

"The complexity of operational demands and customer supply chain across our entire business is vast. I look to challenge all IT programs to deliver efficiencies through compliance, quality, automation and key decision-making where our cost and quality of product risk is significant (and is governed by special compliances at a customer level or as industry regulation)," said Mr. Ryan Klose, Chief Information Officer of McGuigan Simeon Wines. "Our partnership with SolveIT Software is looking to revolutionize the precision of decision-making within such a traditional division of our organization, namely our annual harvest and vintage crush over all our wine production sites."

McGuigan Simeon Wines is an integrated wine company with interests in vineyard management and development, wine production, marketing and distribution. The company manages over 4570 hectares of vineyards, and generated revenues of $360.8 million for the fiscal year ended June 2006. For more information, please visit: www.mswl.com.au
   
"We are delighted to add one of Australia's largest wineries as a client," said Dr. Zbigniew Michalewicz, Chairman of the Board of SolveIT Software. "Using the latest advances in modern heuristics, we look forward working with McGuigan Simeon Wines to increase their operational planning and scheduling efficiency."

About SolveIT Software Pty Ltd
   
SolveIT Software is a premier provider of Profit Optimization solutions for Global 1000 companies and government organizations. The company was founded upon the cutting-edge research of several world-renowned computer scientists, and offers modeling, simulation, and optimization solutions for complex logistics and marketing problems. Based on proprietary technology platforms and the power of Adaptive Business IntelligenceÒ, the company's software solutions can provide clients with measurable increases in revenue and/or decreases in cost. SolveIT Software also features a highly scalable business model, a strong set of competitive differentiators, and sophisticated core technologies that were pioneered by the company's founders. For more information about SolveIT Software, please visit www.SolveITSoftware.com.

Forward-looking (safe harbor) statement
Statements made in this news release that relate to future plans, events or performances are forward-looking statements. Any statement containing words such as "believes", "plans", "expects" or "intends" and other statements which are not historical facts contained in this release are forward-looking, and these statements involve risks and uncertainties and are based on current expectations. Consequently, actual results could differ materially from the expectations expressed in these forward-looking statements.

Contact:
SolveIT Software Pty Ltd
Plaza Building, L3, North Terrace, Adelaide, SA 5005
P.O. Box 3161, Adelaide, SA 5000
Phone: +61 8 8303-5405
Fax: +61 8 8303-4366

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