Modine Selects Zycus as Partner in Global Procurement Transformation Initiative

Zycus Inc., a global leader in Spend Management software
solutions, today announced that it has been selected by Modine
Manufacturing Company , a diversified leader in thermal management
technology and solutions, for its Global Spend Analysis project which
is part of their Global Procurement Transformation Initiative. The
Spend Analysis project encompasses spend across North America, South
America, Europe and Asia operations.

Zycus´ Actionable Spend Analysis solution will replace Modine´s
homegrown Spend Analysis tool and provide a robust end-to-end
analytics solution that leverages multilingual classification
capabilities to ensure granularity and consistency in enrichment and
classification.

"Zycus´ Actionable Spend Analysis has been implemented at over 100
Global 1000 companies. However, Modine is an extremely important
project as we will be part of a Global Procurement Transformation
exercise spanning 40 facilities across the globe", said Aatish Dedhia,
CEO of Zycus Inc. "Zycus´ Spend Management Solutions will help Modine
identify, manage and track savings opportunities through an intuitive
and objective driven process ensuring greater visibility, process
planning and control resulting in sustainable savings", he added.

Greg Kinder, VP of Global Purchasing, Modine noted, "Zycus brought
a distinct advantage to the project due to its inherent strengths in
spend analysis and data classification across languages. This
initiative is part of our five year Procurement Transformation
initiative with multi-year global savings targets."

Yomi Famurewa, CIO, Modine said, "Zycus was a natural selection as
it offered a robust tried and tested solution that offers excellent
spend visibility extending to line item level."

With the easy to use Zycus Actionable Spend Analysis tool,
Modine´s sourcing leadership will now be able to review, approve and
prioritize saving opportunities based on facts and figures, thus
creating a funnel of savings activities through a collaborative and
transparent process. The tool ensures that savings identification is a
repeatable, sustainable process through features such as the
Opportunity Pipeline Manager.

Innovative facets of the Opportunity Finder enable commodity
managers to identify and realize more savings while Modine´s sourcing
leadership is now empowered to create and manage a continuous pipeline
of opportunities to meet savings targets. This is comparable to sales
leadership creating and managing a prospect pipeline to meet revenue
targets. The project also involves data cleansing, enriching, and
hosting of the data for the analysis application.

Zycus has recently announced the launch of its Strategic Sourcing
suite that addresses the entire process of analysis, planning,
supplier evaluation and negotiations. Zycus´ new solution empowers
rapid user adoption resulting in sustained savings through extremely
easy to use software that automates the entire strategic sourcing
process.

About Zycus

Zycus is the world´s leading provider of Spend Management
solutions to Global 1000 companies. Zycus´ solutions suite, comprising
of eSourcing and Actionable Spend Analysis tools, combine cutting-edge
technology and domain expertise to enable greater user adoption and
sustainable savings. Zycus´ solutions facilitate greater process
planning, control and increased corporate alignment of Spend
Management Initiatives.

Innovation & Ease of use is at the core of every Zycus offering.
Zycus´ Spend Management Solutions help procurement departments of
Global 1000 companies Analyze, Plan and Source through an initiative
and objective oriented process. With proven Spend Management
deployments across the globe with over 100 implementations, Zycus´
solutions have emerged as global favorites. Zycus has over 250
employees spread across its offices in North America, Europe and Asia
Pacific.

For more information about Zycus and its solutions please write to
solutions@zycus.com or log onto http://www.zycus.com

About Modine - www.modine.com

Modine, with fiscal 2007 revenues from continuing operations of
$1.7 billion, specializes in thermal management systems and
components, bringing highly engineered heating and cooling technology
and solutions to diversified global markets. Modine products are used
in light, medium and heavy-duty vehicles, HVAC (heating, ventilation
and air conditioning) equipment, industrial equipment, refrigeration
systems, fuel cells and electronics. Based in Racine, Wisconsin, the
company has approximately 7,800 employees at 33 facilities worldwide.
For information about Modine, visit www.modine.com.