EXTON, PA – March 1, 2005 – Entigo Corporation,
the leading provider of “warranty chain management” (WCM) solutions,
today announced that it has undergone a management buy-out.
Stephen Layne, CEO of Entigo, has acquired all of the assets of
the company from the company’s private investors.
The management buy-out includes all intellectual property
as well as a long standing customer base. The company will continue to
operate under the name Entigo and plans to maintain its existing operations
in Pittsburgh, PA, Greenville, SC, and Philadelphia, PA.
“As an independent company, Entigo now has the ability
to capitalize on its technical strengths and business process expertise, pursue new markets,
and adapt its strategy to meet the changing demands of the market,” said Stephen Layne,
CEO of Entigo. “Over the past several years, we have seen the market change
in terms of how solutions like ours are procured and implemented.
We feel the industry needs full service solution providers that can offer more than just
software. Business process analysis, systems redesign, data analysis and migration
as well as ongoing system operations and support are increasingly what the market requires.”
“As manufacturers increase their focus on warranty, it makes
perfect sense for Entigo to refocus its efforts," said Eric Arnum, editor
of the Warranty Week newsletter. "Services and expertise are just as
important as software and systems."
Entigo will leverage its strength as an enterprise software vendor too as it
expands to offer its software as a service. Customers will now have a wide
range of licensing and acquisition models, including the ability to license individual modules and
source code under a range of flexible pricing options. The result
is improved warranty process technology for a wider range of organizations that typically have
not had the resources to acquire and operate a state of
the art warranty processing system.
About Entigo
Entigo is the world’s leading provider of warranty chain management solutions.
With Entigo Warranty, customers save millions by efficiently and accurately
processing claims, increasing supplier cost recovery, and accelerating problem identification
and resolution. With “Warranty on Demand” solutions from Entigo,
any organization regardless of size will be able to acquire, operate and
implement a state of the art warranty processing system.
Entigo's Global 500 customers include ArvinMeritor, Eaton, General Motors Corporation,
Honeywell Aerospace, Michelin North America and Volvo/Mack Trucks.
Entigo is headquartered in Exton, PA and can be contacted on the web at www.entigo.com
or via phone at (610) 524-8204.
Copyright © 2005 Entigo Corporation
Contact:
Elizabeth Murray
Entigo Corporation
610.524.8204
info.request@entigo.com
Entigo and Entigo Warranty are trademarks of Entigo Corporation. All other trademarks contained herein are property of their respective owners.
