The Weitz Company and Swinerton Incorporated Select J.D. Edwards To Accelerate Financial, Workforce and Project Management Processes

DENVER, Aug 27, 2002 (BUSINESS WIRE) — Driven by a need for increased operational effectiveness during these challenging economic times, two construction industry leaders have turned to J.D. Edwards & Company (Nasdaq:JDEC) software to manage their projects, equipment, workforce, and financials. The Weitz Company and Swinerton Incorporated recently implemented J.D. Edwards ERP, further demonstrating J.D. Edwards' momentum in the construction industry. Weitz and Swinerton are two of over 300 clients that manage $80 billion in construction work using J.D. Edwards' collaborative enterprise software.

"We chose J.D. Edwards for a number of reasons. Key to our decision was the company's construction industry experience coupled with the software's flexibility," said Mark Federle, CIO of The Weitz Company. "The open architecture has allowed us to easily link our existing system to the new J.D. Edwards functionality—giving us access to information that was previously unreachable. Because of J.D. Edwards' deep understanding of our industry, we can concentrate our resources on developing our business."

Iowa-based Weitz and San Francisco-based Swinerton implemented J.D. Edwards enterprise software to better manage their financial, human resource, and project management processes throughout their organizations. Swinerton is running J.D. Edwards enterprise software on a Windows-based platform using several load-balanced SQL servers. The Weitz Company operates its J.D. Edwards applications via a hosted ASP environment from WTS, a partner in the J.D. Edwards Managed Application Solutions program.

"With the J.D. Edwards software in place, we are a stronger company - project managers can access invoices in seconds rather than days, and high-level reporting is much easier," said Luci Tyndall, CIO of Swinerton Incorporated.

For both Weitz and Swinerton, the J.D. Edwards software will:
• Maximize productivity and effectiveness of their project staff by providing accurate, real-time project information.
• Minimize direct costs by providing better visibility over projects.
• Improve management reporting of key performance information, to facilitate proactive management
• Minimize overhead costs through the efficiencies of integration with other systems

"Construction companies come to J.D. Edwards because we know their industry and have built our solutions from the ground up to address their most important business issues," said Rich DiMeo, construction industry manager at J.D. Edwards. "In addition, we offer collaborative enterprise software that can grow with them while making best use of their existing IT systems."

J.D. Edwards recently announced the release of J.D. Edwards 5, unveiling significant upgrades to its widely used Enterprise Resource Planning software. J.D. Edwards 5, the company's latest collaborative enterprise solution, includes improvements specifically targeted toward Services-based industries such as Construction and Real Estate. J.D. Edwards 5 delivers major new functionality in Enterprise Asset Management, Workforce Management, and Project Management.

About The Weitz Company
The Weitz Company is a 147-year old general contractor, design-builder and building constructor based in Des Moines, Iowa. The company has offices in eleven U.S. cities and provides construction services around the country for both private and public clients. They are a diversified contractor doing work in retail, retirement living, education, industrial plants, golf courses, institutional and commercial buildings. To learn more about The Weitz Company, please visit www.weitz.com.

About Swinerton Incorporated
Swinerton Incorporated offers construction services throughout the Western United States to a diverse range of business clients that demand exacting performance. The hallmark of the Swinerton success over the past 114 years of business is the principle of exceeding our clients' expectations through innovative construction and outstanding customer service. The company has offices in Arizona, California, Colorado, Oregon, Texas, Washington, and Utah. To learn more about Swinerton Incorporated, please visit www.swinerton.com.

About J.D. Edwards & Company
J.D. Edwards makes customers stronger, enabling them to solve their most important business challenges. The company offers collaborative enterprise software as well as consulting, education and support services. J.D. Edwards' offerings are differentiated by a deeply ingrained attitude of listening to customers, innovating on their behalf, and delivering solutions as part of a results-oriented relationship. Founded in 1977 and headquartered in Denver, J.D. Edwards focuses on long-term business partnerships and helping its 6,500 customers in 113 countries collaborate electronically to manage their business processes, supply chains, and supplier and customer relationships. For more information: www.jdedwards.com or 1-800-727-5333.

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