Press Release - Materion Implements Stature from IHS for Quality Risk ManagementToronto – April 14, 2011 – IHS/Dyadem today announced that it has been selected by Materion (NYSE: MTRN) to provide Quality Risk Management software solutions to support its commitment to superior product quality. Materion will use IHS Stature software to gain more visibility between departments and to more efficiently manage its quality risk assessment efforts, improve its process controls and to manage overall product quality. The Stature platform is available in Australia and New Zealand via EnVizTec’s partner agreement with IHS Inc., the market leader in Operational and Quality Risk Management solutions. Stature is being deployed at Materion's Advanced Materials Technologies & Services (AMTS) business, an advanced materials products and services company that manufactures and produces everything from specialty metals and precision optical filters to inorganic chemicals and powders. Previously, Materion had been using a non-specialized spreadsheet software program to conduct risk assessments. As part of a global project initiated in 2010 to improve its process controls across all of its manufacturing operations, Materion has implemented Stature, and is now able to consolidate and standardize all risk assessments across departments, ensuring shared corporate knowledge and the capture of best practices and lessons learned. The focus for Materion’s global quality project is the development of several key quality tools, including Process Maps, FMEAs and Control Plans. Stature will enable Materion to develop these tools in a standardized format using a common application. “As our organization moves forward in improving our Quality Systems through the use of tools such as Failure Modes & Effects Analysis (FMEA), IHS software solutions will allow us to implement these tools more efficiently,” said Matthew Rigerman, Director of Quality, Materion AMTS. “Stature allows our team to share information across our product lines and production facilities, ensuring that lessons learned are communicated across our entire organization.” Stature, IHS' enterprise risk management software solution, will help Materion conduct more efficient Design and Process FMEAs, and share information from one study to the next and across users. Stature is a Web-based enterprise risk and quality management system that links disconnected risk management processes across the organization. By helping companies identify and mitigate risks across a global organization, Stature enables companies to increase their operational effectiveness, comply with industry regulations and bring better quality products to market. Ensuring continuous communication and transparency throughout a program, project or process, Stature provides key performance indicators and visibility into an organization's top risks. With access to data from across risk assessments, knowledge libraries and managed through standardized templates, Stature will serve as the system of record for quality while ensuring corporate consistency across all past, present and future quality studies. About IHSIHS (NYSE: IHS) is the leading source of information, insight and analytics in critical areas that shape today's business landscape. Businesses and governments in more than 165 countries around the globe rely on the comprehensive content, expert independent analysis and flexible delivery methods of IHS to make high-impact decisions and develop strategies with speed and confidence. IHS has been in business since 1959 and became a publicly traded company on the New York Stock Exchange in 2005. Headquartered in Englewood, Colorado, USA, IHS is committed to sustainable, profitable growth and employs 6,700 people in 31 countries around the world. About EnVizTecEnVizTec is a provider of technology and services to fulfill the needs of progressive companies to achieve high levels of operational excellence, innovation, collaboration and continuous improvement in quality and safety. EnVizTec provides a range of solutions which leverage our collective experience in Operational & Quality Risk Management, Product Innovation and Collaboration tools. Our experience extends across a wide range of industries including Automotive, Aerospace & Defence, Manufacturing, Consumer Goods, Process, Energy and Resources via long-term relationships with industry-leading corporations and suppliers. |