Global Semiconductor Provider Completes Enterprise-wide Implementation
of Export Compliance Solution
EAST RUTHERFORD, NJ, April 21, 2010 -- Management Dynamics, a leading provider of Global Trade Management (GTM) solutions, today announced that Infineon Technologies AG (FSE: IFX / OTCQX: IFNNY) implemented its Export Compliance solution to automate and maintain compliance with international export regulations.
The enterprise-class on-demand solution has enabled Infineon to streamline its process for license determination and sanctioned party screening across its high volume, highly complex supply chain.
Screening over 10,000 daily transactions across 12,000 customers worldwide, Infineon needed a robust and scalable solution to automate compliance with all export regulations for shipping products to foreign countries, as well as the measures to ensure compliance with national and international anti-terrorism regulations.