Realization's Next Generation Project Management Software Helps Skye Group Tame Fashion Business Vagaries
Critical Chain Scheduling Gets More From Less, Quicker and More Reliably

SILICON VALLEY - January 12, 2004 - Realization Technologies today announced that the Skye Group of Australia has implemented its next generation project management software to tame the uncertainties of the fashion business. Skye Group designs, manufactures and distributes leading brands such as Pierre Cardin apparel, Tyr swimwear and Oshkosh B'Gosh children's wear in Australia and New Zealand. The TOC Centre of Australia, a partner of Realization, has implemented the software and the associated business processes.

"Realization's software not only makes the supply chain much more compact, but it also ensures that it remains synchronized despite uncertainties," says David Hodes, managing director of the TOC Centre of Australia. "As a result, due-date delivery has shot up to close to 100 percent, along with substantially reduced cycle times. This means that Skye can get in more ranges without increasing the cost of expensive designers. They are also enjoying the benefit of being closer to the rapidly changing market, enabling them to take advantage of sales opportunities while at the same time enjoying the reality of much lower obsolescence charges against unfashionable inventory."

"Adds Sanjeev Gupta, Realization CEO, "Earlier generations of project management software are based on a 50-year-old critical path approach which fails because the critical path keeps changing due to uncertainties. The application of Critical Chain software to the design function of the apparel industry is a perfect fit when the demands are speed-to-market and reliability."

About Realization Technologies, Inc.
Realization provides the next generation of project management software that enables companies to do more projects faster and complete them on time. Instead of the 50-year-old critical path approach, which fails when resources are limited and unforeseen uncertainties happen, Realization's software uses a Critical Chain Engine™. It is already at work in a wide range of institutions including Hamilton Beach/Proctor-Silex, LSI Logic, Medtronic, NASA, the U.S. Air Force, the U.S. Marine Corps and the U.S. Navy. Realization is headquartered at 2 North First Street, San Jose, Calif. 95113. Website is www.realization.com.

For more information, contact:

Tom Brigham
Brigham Scully
818-716-9021
tbrigham@brighamscully.com