Waypoint Global Announces the Acquisition of Powerway, Inc.

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Waypoint Global, LLC today announced the acquisition of the assets of Powerway, Inc a leading developer of manufacturing software solutions for managing product and process quality.

Waypoint Global, LLC today announced the acquisition of the assets of Powerway, Inc a leading developer of manufacturing software solutions for managing product and process quality. Powerway's solutions include desktop applications for conformance to standards, network applications for control of critical quality processes, and SaaS applications for connecting trading partners.

With the addition of Powerway, Waypoint will be able to provide customers with a complete portfolio of solutions and services to elevate the value of their product delivery processes to world-class levels by establishing a foundation of internal effectiveness and extending processes through trading partner visibility.

"Supply chain quality issues result in delayed launches, increased product liability, and lost market share," said H. Dave Chambliss, President and CEO. "Companies around the world are engaged in the manufacture of complex products like transportation, energy, and healthcare. The market viability of these products is dependent on the capability, performance, and control of the entire product community."

"The acquisition of the proven Powerway products, methods, and people compliments the Waypoint Global strategy by increasing our speed and improving the value of our delivery." Chambliss added. "Waypoint and Powerway customers will all benefit from the synergy of this acquisition very quickly."

About Powerway:
Powerway, Inc. is the leading product community software provider to manufacturers and their supply chains that conform to industry and international quality standards. Powerway provides a document control platform and a suite of modules to author documents and data to help companies conform to standards and customer requirements. Powerway extends conformance and control with a SaaS platform that connects trading partners providing visibility of product-specific evidence for risk evaluation, performance management, and analytics for strategic relationship development.

About Waypoint Global:
Waypoint Global helps companies streamline business processes in product development. Combining advanced information technology with deep industry knowledge, Waypoint Global provides consulting, configuration, implementation, training, and analytics services to deliver institutionalized best practice. Waypoint Global has operations in the United States, China, Mexico, and the United Kingdom.

Primary Contact
Howard Clark
+1 (800) 964-9004
Email: hclark @ waypointglobal.com

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