Informance News 2005-01-12

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	Informance complements our strategic efforts to migrate all business unites to common platforms. Ron Christenson Cargill, Corporate VP and CTO EMI applications, such as Informance, generally begin to deliver value within days of being installed, offering an ROI that's measured in weeks and months, not years. Allison Smith AMR Research, Research Director We consistently strive for best-in-class manufacturing performance. Informance enables effective continuous improvement, which is key to manufacturing flexibility, low variability, and, ultimately, outstanding customer value. Ish Ahamed Diageo Plainfield, VP Supply Informance allows us to apply TPM loss elimination principles across our plants... We now have visibility of this information regardless of where you sit and can help replicate the improvement gains across multiple factories. Tony Lippert Unilever, Plant Manager Schienvar calls the Informance Manufacturing Intelligence Suite used at L'Oreal a 'beautiful tool.' Scott Schienvar L'Oreal, Logistic Director Informance gives us visibility into all of the facilities across our plant network to drive operational success. Steve Belke AkzoNobel, Supply Chain VP The competitive climate is changing at an increasing pace. Managers are drowning in data, but starving for relevant information. Carol Ptak Pacific Lutheran University, Former President APICS By focusing on operator-identified problems, we addressed the obstacles from each operation within the value stream. Pat Hatem JohnsonDiversey, Plant Manager We can show the cost of not spending capital at the push of a button. Rich Mosgrove Ventura, VP Manufacturing

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INFORMANCE RAISES $6 MILLION IN SERIES B FUNDING LED BY CARGILL VENTURES

NORTHBROOK, IL — JANUARY 12, 2005 — Informance International, a leading provider of manufacturing performance management technology, today announced the closing of a $6 million Series B financing led by Cargill Ventures and including the participation of Series A investors New Enterprise Associates and Mayfield. Deepak Malik, managing director of Cargill Ventures, will join the Informance board of directors.

Cargill Ventures is the wholly owned venture capital group of Cargill, the global agricultural, food and financial services company. The venture group°s current portfolio includes more than 20 early stage information technology and life sciences companies.

The new funding will be used to expand the company°s sales and marketing effort, further develop its enterprise level manufacturing business intelligence platform and extend its services for world-class manufacturers.

"Informance provides Cargill and other companies with a manufacturing diagnostic solution that quickly identifies performance improvement opportunities in an unobtrusive and intuitive manner," said Malik. "It has already delivered operational efficiencies to Cargill°s Salt Business. The strength of their offering has helped Informance to build a world-class customer base that includes companies such as Clorox, Unilever, Johnson & Johnson and others. I am looking forward to joining the Informance board and helping to take the company to the next level."

"Informance is excited about adding Cargill Ventures to its team of outstanding venture partners," said Informance CEO John Oskin. "The additional capital will allow us to enhance our technology offering and gain momentum in serving world-class manufacturers in industries such as Automotive and Assembly, Food and Packaged Goods and Pharmaceuticals. We are looking forward to the unique operational perspective that a customer of Cargill°s stature will bring to the company."

About Cargill Ventures
Cargill Ventures invests in early stage technology-driven companies that enhance business processes, growth and innovation in global industries relevant to Cargill. Cargill Ventures maintains offices in San Mateo, Calif., and Minneapolis. It is a business unit of Cargill, www.cargill.com, an international provider of food, agricultural and risk management products and services. With 101,000 employees in 59 countries, the company is committed to using its knowledge and experience to collaborate with customers to help them succeed. Additional information about Cargill Ventures is available at: www.cargillventures.com

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