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Canadian Bearings Ltd. to Implement Acorn Systems Profit Analysis and Improvement SoftwareProfit Improvement Initiative Builds on Company's Cost and Profit LeadershipMississauga, Ontario, and Houston, Texas — May 28, 2003 — Canadian Bearings Ltd., Canada's leading bearing and power transmission distributor, plans to use Acorn Systems Profit Analyzer™ software in their strategic approach of reducing costs through the entire supply channel, from manufacturers to end users. Acorn Systems Profit Analyzer will enable Canadian Bearings Ltd. to identify the net costs of distribution for each individual line item, order, product, customer, supplier and facility. Profit Analyzer illustrates why one order or customer is more profitable than another. With this new information, Canadian Bearings Ltd. will be able to quickly identify and act on opportunities to reduce costs, replicate best practices throughout the company, and make more precise product, facility, supplier and customer decisions. Canadian Bearings Ltd. will also use Profit Analyzer to further enhance cost savings events for its customers, allowing Canadian Bearings Ltd. and its customers to operate more profitably. "By better understanding our costs and what drive them, we are able to work with customers and suppliers to pass on cost savings to them, making them more profitable and providing the best quality service in the industry," said Chris Reed, Vice President Canadian Bearings Ltd. "We are successful when our customers are more profitable because of us. Acorn Systems Profit Analysis and Improvement software will enable us to uncover exactly what we can do to improve processes at our company and for our customers." "Acorn Systems is honored to be selected by, Canadian Bearings Ltd., a company recognized by Toyota Motor Manufacturing for its excellence in Supplier Performance and Customer Cost Savings," said J. Alex Fernandez, COO of Acorn Systems. "Canadian Bearing is committed to making their customers more profitable and our Profit Analyzer software will identify opportunities for the company to increase its profits and the profits of its customers as well." About Canadian Bearings Ltd. About Acorn Systems, Inc.
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