IPC Saves $1 Million Developing Drug-Tracking System With iWay Software

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Wed Aug 27, 2008 9:10am EDT

  NEW YORK, NY, Aug 27 (MARKET WIRE) -- 
iWay Software, an Information Builders company and an innovator of
enterprise integration solutions, today announced that IPC, the nation's
largest group purchasing organization for independent pharmacies, used
Information Builders iWay Software to meet drug tracking requirements in
complete compliance with U.S. Food and Drug Administration (FDA)
standards. IPC completed the project for a fraction of the cost of
deploying a packaged e-pedigree solution, and well in advance of an
imminent FDA deadline.

    IPC is responding to FDA requirements designed to curb pharmaceutical drug
counterfeiting. Last year, the FDA announced that drug wholesalers must
track the pedigree of all pharmaceutical products dispensed in their
retail pharmacies. Meeting this requirement meant IPC had to create a
tracking system that could account for each bottle of drugs that passes
through its warehouses with a consequent impact on many of its core
information systems.

    IPC used iWay Service Manger to integrate important pharmaceutical data
with its back-office information systems. It now maintains a pedigree for
each bottle of pharmaceuticals, including all pertinent dates, the names
of each party involved, and the addresses of key transactions, as
regulated by the FDA.

    "Without iWay, we might have been forced to go out of business, or do
business entirely differently," said James Blake, vice president of
Information Technology at IPC. "In 14 weeks we had a complete e-pedigree
system in place, and it is integrated with all of our legacy systems.
We've easily saved $1 million in development dollars in a relatively short
timeframe. More importantly, we were able to meet federal requirements
that we couldn't have met otherwise."

    With its new e-pedigree system in place, IPC can manage, route, and store
electronic documents that detail the chain of custody for its
pharmaceuticals. There are many different protocols involved, such as FTP
and AS2, and many different routing rules for the documents. IPC used iWay
to translate the routing rules and streamline the information workflow via
XML standards.

    Today, when pharmaceutical wholesalers send product data to IPC, the drug
tracking system automatically ties that data to a purchase order. iWay
matches the purchase order with a shipping notice, then sends back a
confirmation of the transaction. After the wholesaler verifies that the
correct manufacturer is listed, IPC updates its pharmaceutical database.
Thanks to this automated business flow, IPC knows the exact pedigrees of
the drugs that it has purchased before the products even arrive at its
shipping dock. In turn, they are able to provide this information to their
individual pharmacies, fulfilling the FDA requirement.

    In addition to the e-pedigree system, IPC is using iWay to streamline
e-commerce and data interchange requirements, ensuring secure transport of
data to its business partners. Ultimately, the company plans to use iWay
to create a single framework for all data coming into and going out of its
information systems, including orders, report requests, and pedigree
information. IPC is also using iWay to streamline the deployment of a new
ERP system by mirroring transactions in its legacy systems.

    "Standardizing on iWay has positioned IPC to replicate just about any
process flow extremely easily," said John Senor, president of iWay
Software. "Because iWay has such a high-level object-oriented design
process, developers can develop new interfaces very rapidly, with little
or no code."

    While many companies use iWay as a universal platform for mapping
dissimilar data types and facilitating efficient data interchange, IPC
also relies on the software as a business process control agent. IPC
plans to use iWay to control the flow of orders between its AS/400
environment and its Microsoft .NET environment, as well as to simplify
the process of incorporating radio frequency identification (RFID)
identifiers into its distribution systems. IPC recently purchased
Information Builders WebFOCUS BI platform, which it plans to use to
expand its operational reporting capabilities.

    About IPC

    IPC is the largest group purchasing organization for independent
pharmacies in the United States. Headquartered in Sun Prairie, Wisconsin,
the company represents 3,200 primary and 2,500 affiliate pharmacy
members. In addition to serving as the distribution facility for these
stores, IPC processes orders, tracks rebates, negotiates bulk-purchasing
agreements, and supplies sales analytics to its members.

    About iWay Software

    iWay Software has been an innovator in the enterprise integration market
for more than 10 years. The company's integration methodology is simple:
it uses a single, integrated set of graphical design tools to assemble
powerful pre-built components for enterprise-class B2B, A2A, or B2B2A
integration scenarios -- without the use of custom code. The company
delivers the fastest, most cost-effective, and simplest way to integrate
and streamline critical business processes. iWay Software's vendor,
platform, and protocol-neutral integration solutions fulfill the promise
of SOA: true reusability.

    iWay Software's rapid integration solutions help companies both large and
small meet new business challenges without making their vital information
investments obsolete. The company truly fulfills its motto: "iWay: Because
Everything Should Work Together." With revenues topping $50 million in
2006, iWay Software is among the top 10 integration vendors worldwide and
works with many Fortune 500 companies. For more information, visit:
http://www.iwaysoftware.com

    About Information Builders

    As a leading independent business intelligence (BI) company for the past
30 years, Information Builders has provided innovative solutions to more
than 12,000 customers, including most of the Fortune 100 and numerous U.S.
federal government agencies. The company's flagship WebFOCUS product is
the world's most widely used BI platform. Superior architecture and
intuitive nature enables WebFOCUS to address the needs of everyone in the
extended global enterprise -- executive, analytical, operational, and
beyond. It provides the agility to adapt to changing business conditions
with the security, scalability, and flexibility to support dozens to
millions of users.

    Unique to the company is the integration expertise it brings to the BI
market. Information Builders iWay Software suite solves complex
integration problems with pre-built components that require minimal
custom programming. The award-winning combination of WebFOCUS and iWay
gives Information Builders customers the ability to embrace the company
motto: "Because Everyone Makes Decisions."

    Information Builders is committed to customer service excellence with a
Professional Services division that specializes in building custom
applications using WebFOCUS and iWay Software. Headquartered in New York
City with 90 offices worldwide, the company employs 1,450 people and has
more than 350 business partners. Visit http://www.informationbuilders.com

    

Press Contacts:
Kathleen Moran
Information Builders
(917) 339-6313
Email Contact

Karyn Martin
Emerge PR
(617) 729-3173
Email Contact

Mindy Herrmann
IPC
(608) 825-4130
Email Contact

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