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Hanjin Logistics enters the European Market with Exact

Delft, 26 Juni 2008 - Hanjin Logistics, the new European subsidiary of the Seoul-based logistics multinational Hanjin Shipping, has chosen to implement Exact Software’s front and back office solutions, Exact Synergy and Exact Globe, at all four of its current locations in the United Kingdom, Germany, France and the Netherlands.

On an expansion course to Europe, Hanjin Logistics was looking for an international yet centralized, standardized software solution to handle financials and invoicing, as well as to accommodate future growth. Exact Software’s fully integrated suite of business solutions, and Exact’s excellent reputation as a global, strategic partner in the logistics sector, convinced Hanjin that Exact was the best choice for its European business.

“We chose Exact because Exact Software is such a famous and well-known brand,” says André Lee, the General Affairs and Accounting Manager at Hanjin Logistics.

One of Hanjin’s key requirements was that Exact Globe and Exact Synergy, in particular the Synergy Financial Consolidation module, be easily integrated with Hanjin Shipping’s corporate logistics systems in Seoul. Working in close cooperation with Hanjin, the Exact team created a solution integration concept that would ensure the smooth conversion of Excel data to Exact’s XML format, so that all of Hanjin’s financial data could be managed in real-time on one, browser-based platform.

“Thanks to the close collaboration between our two companies, we were able to clarify all the processes related to invoicing and financials on both sides in advance. This allowed a smooth transition to the Exact solutions,” says Henk Adriaans, Deputy Director of Exact EMEA.

With Exact Synergy and Exact Globe, Hanjin Logistics will be able to streamline its financial processes by using one web-based data environment that gives all users real-time access to worldwide corporate information. Hanjin will also be able to book, report and consolidate in all local legislations in accordance with Hanjin’s corporate standards. In the future, the Exact solutions will ensure a fast roll-out to new sites as Hanjin grows on the European shipping market.

About Hanjin Logistics

Hanjin Logistics is the European subsidiary of the international freight shipping company Hanjin Shipping, which has its headquarters in Seoul, Korea. Hanjin Shipping is Korea's largest carrier, operating some 60 liner and tramper services around the globe and transporting over 100 million tons of cargo annually. Hanjin Shipping has a comprehensive global business network with three regional headquarters, 200 overseas branch offices, and 30 local corporations, earning about 90% of its total revenue overseas.

Over Exact Software

Exact Software werd in 1984 opgericht en is een internationaal vooraanstaande producent van zakelijke software oplossingen voor kleine, middelgrote en grote organisaties. Naast traditionele, geïntegreerde oplossingen voor Enterprise Resource Planning (ERP) ontwikkelt zij daaraan gerelateerde oplossingen, zoals Human Resource Management (HRM), Customer Relationship Management (CRM), Project Management, Business Analytics en Elektronische Workflow.

Exact heeft zijn hoofdkantoor in Delft en vestigingen in Europa, het Midden-Oosten, Noord-, Midden- en Zuid-Amerika, Azië, Australië en Afrika. Met ongeveer 2750 medewerkers, vestigingen in ruim 40 landen en oplossingen die beschikbaar zijn in 40 talen bedient Exact momenteel klanten in meer dan 125 landen.

In 2007 bedroeg de omzet € 252,1 miljoen. Sinds juni 1999 is Exact Holding N.V. genoteerd aan de Eurolist bij Euronext Amsterdam.

Over Exact Globe

Exact Globe is de flagship ERP-oplossing van Exact Software. Het richt zich op het automatiseren van administratieve processen. Zowel financiële boekhouding als logistieke processen worden direct gelinkt aan processen zoals account management, human resources management en manufacturing. Exact Globe is in meer dan 40 talen beschikbaar, ondersteunt fiscale regelgeving in meer dan 40 landen en kan naadloos worden geïntegreerd met Exact Synergy en Exact Business Analytics.

Over Exact Synergy

Exact Synergy is een online front office-oplossing, die organisatie-breed kan worden ingezet en samenwerkt met traditionele ERP-applicaties. Het biedt een platform voor samenwerking door het online uitwisselen van gegevens in en rond een organisatie. Het is gericht op geautomatiseerd waardetoevoegen en het vergemakkelijken en verbeteren van leveringsprocessen en beslaat gebieden als HRM en CRM en document-, workflow- en project management.

Meer informatie

Media Relations
Leoni Janssen
T: 31 20 3010980
M: 31 6 24 60 3632

Investor Relations
Jeroen Bruins Slot
Exact Holding N.V.
T: 31 (0)15 711 5075
M: 31 (0)6 2666 3660

Exact Holding N.V.
Poortweg 6

T: 31 15 2613714
F: 31 15 2625461

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