3C Software Announces Agreement with Cypress Semiconductor

3C Software, providers of the enterprise cost management system, Impact:3C, announced a software license and professional services agreement with San Jose, California based Cypress Semiconductor. Cypress will use Impact:3C to calculate and report detailed product and process costs for its four manufacturing locations. These locations include San Jose, California; Round Rock, Texas; Bloomington, Minnesota; and Cavite, Philippines. Cypress Semiconductor joins AMD (Advanced Micro Devices), Anadigics, Analog Devices, and SDL, Inc as semiconductor manufacturers who have chosen Impact:3C as their cost management system. 3C Software's product, Impact:3C, is designed to handle the complex needs of process intensive manufacturing industries like semiconductor, chemical, metals, pulp and paper, textile, glass, electronics and food processing. Complex issues such as process yield/loss, product obsolescence/down grade, multiple/alternate product routings, and engineering change effective dates, as well as typical cost accounting calculations like allocations, burden rates and process throughputs, are easily handled by Impact:3C. Impact:3C's flexibility, driven by its object-oriented design, allows each client to model their own unique manufacturing process and cost methodology. The modeling process does not involve source code change, so implementations are much faster and much less expensive than traditional software implementations. Impact:3C models can also be replicated for use in forward looking and what if scenarios. Cypress Semiconductor is a global supplier of high-performance integrated circuits with annual sales of over $700 million. Their strategic customers--leaders in the data communications, networking, telecommunications, and personal computer markets--include Alcatel, Cisco, Compaq, Ericsson, Hewlett-Packard, IBM, Intel, Lucent, Motorola, NEC, Nortel Networks, Seagate, and 3Com / USRobotics, some of which are also 3C customers. 3C Software, founded in 1989, specializes in enterprise cost management systems for process intense manufacturers. Their software product, Impact:3C, is currently running at over 350 manufacturing locations. A partial list of 3C clients includes: Pittsburg Paint & Glass, Pratt & Whitney, Mohawk Industries, Russell Corporation, Champion International, Cooper Tire & Rubber and Minnesota Corn Processors. For more information, contact us at 3C Software (800) 226-2036 or sales@3csoftware.com