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EXHIBIT 99(b)
For more information, contact:
Betsy Bender, Frontstep
614-523-7344
[email protected]
SYMIX TO BEGIN TRADING AS FSTP
- New Stock Symbol Part of Name Change to Frontstep -
COLUMBUS, OHIO, Nov. 9, 2000 - Frontstep, Inc. (Nasdaq: SYMX), a
leading provider of business systems for midsized manufacturers and
distributors, announced that effective Nov. 10, 2000, its common stock will be
traded on the Nasdaq National Market System under the symbol "FSTP." The change
in the company's stock symbol follows approval by shareholders yesterday to
change the name of the company to Frontstep from Symix.
The name change reflects the company's transformation to fully leverage
the Internet in the systems it provides to manufacturers, distributors and
trading exchanges - as well as the new channels, delivery methods and pricing
options the company is using to accelerate adoption of the Frontstep E-business
Suite. This transformation is the most dramatic change in the more than 20-year
history of the company, warranting the name change.
ABOUT FRONTSTEP
Frontstep, Inc. provides companies with the products, expertise and
access to online communities to rapidly plan, build, launch and advance an
e-business strategy. Frontstep offers a comprehensive suite of software and
services, including CRM, online customer sales and service, Web-driven channel
management, e-procurement, collaboration and integration. The company's Symix
subsidiary provides manufacturers with complete business systems encompassing
both e-business and enterprise management, while the company's brightwhite
subsidiary delivers strategic e-business consulting services. For more
information on Frontstep, visit http://www.frontstep.com.
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Safe Harbor under the Private Securities Litigation Reform Act of 1995: This
press release may contain forward-looking statements that are not historical
facts and involve risks and uncertainties that could cause actual results to
vary materially from the forward-looking statements. These risks and
uncertainties include, but are not limited to, the demand for and market
acceptance of the company's products and services, the impact of competitive
products, increased sales and earnings, and other factors detailed in the
company's filings with the Securities and Exchange Commission.
Frontstep is a trademark of Frontstep, Inc. All other trademarks or registered
trademarks are the property of their respective owners.
