Dana Commercial Credit's Technology Management Group Introduces Web-Based Version of Wyzdom(R) Software

Jan 19, 1998


 Enterprise Asset Management Software, Developed in Java, Tracks and Manages Information Technology Assets

    SAN FRANCISCO, Jan. 19 /PRNewswire/ -- DCC Technology Management Group, a
business unit of Dana Commercial Credit Corporation (DCC), announced today the
release of a new version of Wyzdom(R), a proprietary asset management software
program designed to track and manage assets throughout the product lifecycle,
from requisition through disposal.  Dana Commercial Credit Corporation,
headquartered in Toledo, Ohio, is one of North America's leading commercial
leasing companies and an indirect, wholly owned subsidiary of Dana Corporation
(NYSE: DCN).
    Patricia Benson, managing director of DCC's San Francisco-based Technology
Management Group that developed the new Wyzdom software, made the
announcement.  Wyzdom will be offered to customers as a stand-alone asset
management product as well as through DCC ,s product groups that offer
Information Technology (IT) equipment leasing.
    "We developed Wyzdom to fill a very specific need for corporations, that
of actively overseeing and managing desktop assets," Benson said.  "Our goal
is to provide an effective enterprise solution that offers our customers a
method of streamlining costs of desktop assets, and actually realizing a
return on their IT investments."
    A web-based solution developed in 100% Java, Wyzdom enables corporations
to manage desktop assets by integrating information on the physical, financial
and contractual aspects of each IT asset.  Wyzdom maintains and updates the
history of each piece of equipment to control usage cost during its entire
life cycle.
    Wyzdom manages data including equipment lease termination and renewal
dates, manufacturer warranties, service agreements, maintenance logs, software
packages and licenses, component upgrades and tax payment schedules.
Authorized users have the ability to analyze, report and act on IT asset
performance, return on investment and total cost of ownership.
    In creating software and services that can be tailored to each customer,
DCC has developed strategic partnerships with industry leaders that provide
supporting services.  These include Tally Systems, Tangram Enterprise
Solutions and MicroAge, Inc.
    Prior to development of this version of Wyzdom, DCC conducted a survey of
Fortune 1000 companies, soliciting opinions on ideal features and benefits in
an enterprise management software package.  Using this information and
feedback from current customers, the company created a system that responds
directly to the needs of corporate executives charged with managing IT assets.
    Wyzdom is the latest offering in DCC's comprehensive, consultive approach
to enterprise management.  In addition, DCC offers customers its "Strategic
Asset Management Analysis(TM)," used to design an asset management
infrastructure.
    A consulting service independent from tool purchase, the "Strategic Asset
Management Analysis" customizes asset management solutions to individual
companies by conducting an on-site assessment of corporate infrastructure,
current processes and viable savings opportunities.  The service utilizes
process mapping to evaluate customers' IT department practices and to identify
priority needs.  With this information, DCC makes recommendations for an
action plan to create the asset management infrastructure yielding the maximum
return on investment.
    Wyzdom is platform- and database-independent.  Wyzdom system requirements
are a 20 MB hard disk, 24MB minimum memory, 32MB recommended memory, 120 MHz
Pentium(R) processor or higher.
    Dana Commercial Credit provides leasing and financing services to a broad
range of business customers in selected markets.  Activities range from
capital market transactions valued up to $250 million each to sales-aided
vendor programs with an average ticket size of $25,000 for the microcomputer
industry.  DCC has an international network of offices throughout the United
States, Canada, United Kingdom, France, Germany and Switzerland.  DCC has
assets owned and under management of more than $5.2 billion in original asset
value.  DCC's website address is http://www.dcc.com.
    In 1996, DCC received the Malcolm Baldrige National Quality Award from the
U.S. Department of Commerce.  The award is generally recognized as the most
prestigious award an American business can receive for performance excellence.
    Dana Corporation is a global leader in the engineering, manufacturing and
distribution of products and systems for the vehicular, industrial and
off-highway markets.  Founded in 1904, Dana Corporation is based in Toledo,
Ohio, and operates facilities in 30 countries with 50,000 people.  In 1997,
Dana Corporation reported sales of $8.3 billion.  Dana Corporation's website
address is http://www.dana.com.
    For more information about DCC Technology Management Group or Wyzdom,
contact Darcy Arnold at 415-433-2000 or visit the DCC Technology Management
Group website at http://www.wyzdom.com.


SOURCE Dana Commercial Credit Corporation

Web Site: http://www.dana.com and http://www.dcc.com and
http://www.wyzdom.com