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Online Retailer Improves Management of Its Development Processes

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MKS Inc. today announced that popular online retailer Overstock.com has selected MKS Integrity for application lifecycle management (ALM).

MKS Integrity offers workflow and change management to facilitate better collaboration and process standardization during software development. Overstock.com plans to deploy MKS Integrity at its Salt Lake City headquarters to help its software developers manage development projects more effectively. Overstock.com will also use MKS Portfolios to deliver real-time metrics, analytics and trending data to aid in software project execution.

"Technology is the backbone of our business, which means project management around systems development must be rock solid," says Sam Peterson, Senior Vice President, Information Technology, Overstock.com. "MKS's application lifecycle management platform gives us high levels of project control, process standardization and real time visibility that should help us to squeeze inefficiencies and unnecessary costs out of the development process and enable our development team to focus on innovating."

"Overstock.com's development team is on the technology leading edge in the retail sector, connecting software innovation to customer satisfaction on a daily basis. MKS's single platform solution for ALM is an ideal management platform for cutting edge development shops. Within one system of control teams can collaborate, communicate and respond more quickly to changing market demands. We are pleased to welcome Overstock.com to our swelling ranks of retail clientele including such well known names as Barnes & Noble, The Dressbarn, Timberland and Tiffany's," says Michael Harris, MKS President and COO.

A webinar with Overstock will take place on February 15th, 2007, and features Jim Abbott, IT Security Officer & Senior Project Manager at Overstock.com.

This presentation will provide real-life examples of process improvement, risk management, cascading and technical requirements management, bug tracking, e-signature validation and triggers.

Overstock.com demonstrates the flexibility that MKS provides in customizing development processes within an agile development environment to meet the needs of Overstock's application life cycle management practices.

Jim Abbott is responsible for managing IT compliance, Sarbanes Oxley, Payment Card Industry and Single Sign-on. Effectively managing projects, measuring their level of success and integrating them into a coherent application lifecycle management model, has been an important focus for the implementation of MKS.

To register for the event, visit http://www.mks.com/press/event_instance_register.jsp?event_inst_id=17942&event_type_id=36

About Overstock.com
Overstock.com, Inc. is an online "closeout" retailer offering discount, brand-name merchandise for sale over the Internet. The company offers its customers an opportunity to shop for bargains conveniently, while offering its suppliers an alternative inventory liquidation distribution channel. Overstock.com, headquartered in Salt Lake City, is a publicly traded company listed on the NASDAQ National Market System and can be found online at http://www.overstock.com.

About MKS
MKS is the premier provider of application lifecycle management solutions for the global 1000. MKS's flagship ALM solution, MKS Integrity, is the most highly integrated ALM platform in the industry today, spanning all aspects of the software development lifecycle and supporting critical business transformations including SOA, application rationalization and outsourcing. MKS Integrity's single architecture drives high levels of user productivity, facilitates rapid deployment and process standardization while delivering a complete view of application development activity through real time metrics, trends and reporting. MKS Integrity also provides essential support for IT operations through software deployment and issue management. Founded in 1984, MKS serves more than 10,000 customers in countries across the world. Whether through deployment of MKS's solution strategically on an enterprise scale, or by leveraging individual components to solve project-level challenges, our customers can use MKS's software to enable higher levels of process maturity, better manage global development activity and safeguard their most critical business applications and software assets. Under its widely known MKS Toolkit brand, MKS also provides UNIX-Windows co-existence and system administration that significantly cut development and administrative costs and reduce time to market, while enabling enhanced performance. More information about MKS can be found at http://www.mks.com or by calling 1-800-265-2797 (US & Canada), +49-711-351775-0 (Germany), +44-1483-733900 (United Kingdom) and 1-519-884-2251 (Rest of World).

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