Compuware (CPWR) Signs Contract Extension with Daimler AG (DAI)

June 16, 2009 9:26 AM EDT

Compuware Corporation (Nasdaq: CPWR) announced that its Covisint subsidiary has signed a contract extension with Daimler AG (NYSE: DAI). The newly inked agreement extends Covisint's work for the Stuttgart-based auto manufacturer through a comprehensive portal and identity management solution that securely connects Daimler with its vast network of suppliers globally.

Large manufacturing companies with global supply chain requirements face several technology and flexibility challenges in providing suppliers with access to critical business information and applications. Security also is key since, without it, technology -- no matter how advanced -- is rendered useless.

Covisint provides Daimler and its suppliers with an industry standard connectivity and security solution --including single-sign-on in a cloud computing, SaaS model -- enabling seamless and secure collaboration for critical business information. [SM]


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