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Land O'Lakes Uses Stellent Universal Content Management to Tackle Enterprise-Wide Content Management Challenges EDEN PRAIRIE, Minn. --(Business Wire)-- Nov. 9, 2004 -- Long-Term Partnership Allows $6 Billion Cooperative to Increase Employee Productivity and Access to Knowledge, Improve Business Processes, and Reduce CostsStellent, Inc. (Nasdaq:STEL), a global provider of content management solutions, announced today that Land O'Lakes, a national farmer-owned food and agricultural cooperative with annual sales of more than $6 billion, is using Stellent(R) Universal Content Management across its enterprise to tackle a variety of content management challenges -- allowing Land O'Lakes to increase employee productivity and access to knowledge, improve business processes, and reduce costs. Land O'Lakes has partnered with Stellent since the late-1990s to power a variety of content-related initiatives. Currently, Land O'Lakes utilizes the document management, Web content management and imaging components of the Stellent technology to store and manage project documentation; intranet, extranet and public Web site content; and accounts payable, credit and human resources information. "Stellent Universal Content Management enables us to effectively manage a variety of unstructured content and multiple content-centric applications within one architecture across our enterprise," said Curt Doble, director of corporate application services for Land O'Lakes. "Content management was in its infancy when we first began working with Stellent. At first, we didn't know what to expect. Yet, here we are today; our Stellent implementation is scaled across the organization to meet a diverse set of needs, with tremendous success and vast potential for additional expansion." Stellent Universal Content Management serves as the enterprise content management standard for Land O'Lakes' business-critical information. For example, in Web content management and document management applications, the Dairy Foods division uses the Stellent system to manage project documentation, charts, status reports and requirements. The corporate function of Land O'Lakes utilizes Stellent to power a vast intranet providing employees with access to company and industry news and information resources tailored to employee roles within the organization. The Stellent system's automatic content conversion capabilities allow Land O'Lakes to make its divisions responsible for daily updates to intranet, extranet and public Web site content -- increasing timely access to information and freeing up information services (IS) staff to work on additional information technology (IT) projects. Land O'Lakes also utilizes Stellent imaging technology to alleviate common business process "chokepoints" across four major functions -- including accounts payable (A/P), fixed assets, credit and human resources. These chokepoints include the responsibility of managing an increasing amount of content; inefficient storage of documents in filing cabinets, at offsite locations or on microfilm; and limited data security, back-up or recovery capabilities. "The use of Stellent imaging functionality among the business groups that most often work with paper-based documentation is producing tangible benefits," Doble said. "Our Ag Services division scans, stores and manages more than 180,000 A/P documents per month. After one year of using Stellent imaging technology in tandem with our enterprise resource planning (ERP) systems, we believe we have achieved an estimated $250,000 in cost-savings related to improved efficiencies and reduced staffing." "Land O'Lakes' ability to easily scale Stellent Universal Content Management across its enterprise to manage all forms of unstructured content speaks to our product's broad capabilities and powerful functionality," said Robert Olson, president and chief executive officer for Stellent. "Our track record of demonstrating multiple, rapid successes within Land O'Lakes has made Stellent a critical component of the company's IT infrastructure. We look forward to producing similar results for Land O'Lakes as its content management needs continue to expand." To view an in-depth case study of Land O'Lakes' Stellent Universal Content Management implementation, visit www.stellent.com/landolakes. Stellent Universal Content Management Features Stellent Universal Content Management provides rapid success and distinct advantages to customers via its product functionality, breadth of content managed, architecture and solutions -- all which enable rapid implementation and quick user adoption. The integrated Universal Content Management architecture offers a full array of content management functionality -- featuring document management, Web content management, digital asset management and imaging -- supported by collaboration, records management and business process management services. The scalable system manages and delivers the entire spectrum of unstructured content, from active content such as documents, graphics and Web pages to fixed content including scanned images, email and records. Stellent technology is standards-based, multi-platform and service-oriented, and provides productized integrations to leading application server, portal and enterprise resource planning applications. These solutions enable customers to easily deploy multiple line-of-business applications -- such as Web sites, call centers, dealer extranets, compliance initiatives, portals, accounts payable and claims processing -- as well as enterprise-wide content management initiatives. For more information, contact Stellent at (952) 903-2000. About Stellent, Inc. Stellent, Inc. (www.stellent.com) is a global provider of content management software solutions that drive rapid success for customers by enabling fast implementations and generating quick, broad user adoption. With Stellent, customers can easily deploy multiple line-of-business applications -- such as Web sites, call centers, dealer extranets, compliance initiatives, accounts payable imaging and claims processing -- and also scale the technology to support enterprise-wide content management needs. Stellent has more than 3,500 customers, including Procter & Gamble, Merrill Lynch, Los Angeles County, The Home Depot, British Red Cross, ING, GlaxoSmithKline, Georgia Pacific, Bayer Corp., Coca-Cola FEMSA, Emerson Process Management and Genzyme Corp. The company is headquartered in Eden Prairie, Minn. and maintains offices throughout the United States, Europe, Asia-Pacific and Latin America. About Land O'Lakes, Inc. Land O'Lakes, Inc. (www.landolakesinc.com) is a national farmer-owned food and agricultural cooperative with annual sales of more than $6 billion. Land O'Lakes does business in all 50 states and more than 50 countries, and provides agricultural training and technical assistance in more than 30 developing nations. It is a leading marketer of a full line of dairy-based consumer, foodservice and food ingredient products across the United States; serves its international customers with a variety of food and animal feed ingredients; and provides farmers and ranchers with an extensive line of agricultural supplies (feed, seed, crop nutrients and crop protection products) and services. Any forward-looking statements in this release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that all forward-looking statements involve risk and uncertainties including, without limitation, risks of intellectual property litigation, risks in technology development and commercialization, risks in product development and market acceptance of and demand for the Company's products, risks of downturns in economic conditions generally and in the Web content management tools and intranet information management markets specifically, risks associated with competition and competitive pricing pressures, risks associated with foreign sales and higher customer concentration and other risks detailed in the Company's filings with the Securities and Exchange Commission. Stellent and the Stellent logo are registered trademarks or trademarks of Stellent, Inc. in the USA and other countries. Outside In and Quick View Plus are registered trademarks of Stellent Chicago, Inc. in the USA and other countries. All other trade names are the property of their respective owner. |
