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Pelyco's webPUBLISH™ Extends the Value of Supply Chain At Abbott Laboratories

Proven Supply Chain Visibility Solution Continues to Accelerate Forecasting and Planning Processes for Abbott Laboratories

Silicon Valley, CA, December 11, 2002 - Pelyco Systems, a global provider of web-based supply chain visibility solutions, today reported that Abbott Laboratories (NYSE: ABT), one of the world's leading health care companies, has achieved greater supply chain planning excellence with Pelyco's browser-based webPUBLISH™ following a successful year of utilization in their Chicago IL headquarters.

Abbott Laboratories has been recognized as one of the most revolutionary users of information technology, and relies on a symbiotic relationship between research and the management of data. This continuous balance and their prior implementation of i2® supply chain technologies, has helped Abbott to maintain their competitive edge.

To capitalize on their existing i2 Technologies system, and to further their goal to drive planning and operating efficiencies, Abbott Laboratories sought out a real-time supply chain visibility solution that would easily integrate with their i2 Factory Planner system. Pelyco's webPUBLISH, a powerful supply chain visibility solution, designed to integrate with i2, simplified and consolidated Abbott's forecasting and planning data, providing them with greater visibility into both planned and unplanned business changes, and has enabled them to make much faster decisions than they could in the past.

Founded in 1888 by Dr. Wallace Calvin Abbott, Abbott Laboratories is a highly diversified health care company that discovers, develops, manufactures and markets products and services that span the continuum of healthcare – from prevention and diagnosis to treatment and cure. Headquartered in north suburban Chicago, Abbott has more than 135 manufacturing, distribution, research and development locations around the world.

Pelyco is the only company to offer supply chain visibility solutions that combine, advanced supply chain visibility, rapid implementation, and ease of integration. webPUBLISH removes the complexity of large scale planning systems, and provides companies with the capabilities to leverage existing data assets, and build an efficient community of productive users. Pelyco provides a family of intranet plug-in products to complement existing supply chain systems.

“The ultimate measure of success at Pelyco is our ability to help industry leaders like Abbott Laboratories achieve their supply chain performance objectives," said Stephanie Joy, VP Marketing, Pelyco Systems. "webPUBLISH provides our customers with data intelligence to help them shorten business decision cycles and keep their forecasts and plans in sync with changing business conditions. ”Pelyco provides real-time visibility solutions for manufacturers that are challenged by the complexity, diversity and the sheer volume of data created by supply chain management systems,” Joy added.

About Abbott Laboratories

Abbott Laboratories is a global, broad-based health care company devoted to the discovery, development, manufacture and marketing of pharmaceuticals, nutritionals and medical products, including devices and diagnostics. The company employs approximately 70,000 people and markets its products in more than 130 countries.

Abbott's news releases and other information are available on the company's Web site at http://www.abbott.com

About Pelyco Systems

Pelyco Systems delivers supply chain visibility solutions. Established in 1993, Pelyco focuses on exceeding all customer expectations when delivering advanced supply chain visibility products and services. Pelyco develops and supports leading edge web-based business solutions for manufacturers and their supply chains. The Pelyco Systems solutions and services transform the supply chain to provide companies with significant business value and competitive advantage. Pelyco is a privately held company headquartered in Foster City, California. For more information on the company and its products and services, visit Pelyco on the web at http://www.pelyco.com

For more information:
Stephanie Joy
Pelyco Systems
Tel: (650) 349-4851
stephanie.joy@pelyco.com
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