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V&S chooses Planscape Technologies for Advanced Production Planning and Optimization

STOCKHOLM - February 10, 2006 - Planscape Technologies, a leading provider of demand-driven production planning solutions for the food, beverage and CPG industries, announced today that V&S, one of the world's largest spirit companies, selected Planscape Production Planner (P3) for its production planning and scheduling needs.

"We selected Planscape Production Planner based on the integrated way the solution addresses production planning and sequencing, on its innovative 3D user interface and on the level of industry experience shown by the Planscape team," says Mikael Andersson, Supply Chain Director at V&S Distillers. "When going live on the Planscape solution, we expect it to be one important enabler targeting the reduction of finished goods and material inventories and production costs while maintaining our traditionally high delivery performance."

V&S will begin implementing P3 immediately. The solution is put in place in order to cut planning and scheduling cycles from weeks and days down to hours in a controlled way and to improve the ability to quickly respond to changes in demand by having production dynamically adjusted through an optimization of lot sizes and production sequences in relation to inventory levels.

"The Planscape team is known for its success with industry leading consumer packaged goods companies such as V&S and we look forward to further establishing ourselves in this market space. We are very committed to helping V&S Distillers achieve their business targets. We won the selection process in hard competition which in itself is a proof of the unique strengths of the Planscape solution for food, beverage and CPG companies such as V&S", says Jonas Ahlberg, CEO of Planscape Technologies.

About V&S Group

V&S Group is a Swedish-owned leading producer and distributor of spirits and wine in Northern Europe, and one of the world’s ten largest international spirits companies. The product portfolio includes own brands for local, regional and international sales, as well as agency products. The Group has operations in 10 countries and worldwide distribution on 126 markets. The most important brand is ABSOLUT, the fourth largest international premium spirits brand in the world. The Group has approximately 2,300 employees and sales in 2006 amounted to SEK 10.3 billion (USD 1.5 billion).

For more information about V&S, visit www.vsgroup.com.