Reference Aurafin

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Paragon Consulting was hired by Aurafin Corporation to manage the integration of two jewelry companies they acquired. Paragon analyzed the information systems, consolidated databases, redesigned applications, and ensured all consolidation goals were met by deadlines. They also helped implement strategic processes. After integration, Paragon developed a manufacturing planning and control system for Aurafin's new Connecticut factory to automate production. Paragon transformed the factory from disorder after acquisition to a streamlined automated facility.

AURAFIN®
Michael H. Ackner
E-"Cfcullve Vice PreJloenl
OperationJ
July 21, 1999
To whom it may concern:
At the beginning of 1998, Amafin Corporation retained the services of Paragon Consulting to
orchestrate and manage all integration efforts pertaining to our acquisition oftwo leading jewelry
manufacturing and distribution companies based in Texas and Connecticut. Each of the acquired
companies employed a different mixture of information systems, computer hardware and business
processes.
Paragon assumed a leadership role, managing and coordinating staff at both the Connecticut plant
location and our corporate headquarters in Florida. They were responsible for analyzing the
information systems of the acquired companies, converting and consolidating databases, and
redesigning and developing a number of mission critical applications on our corporate AS/400
computer to ensure compatibility. Paragon was fully accountable for ensuring that we achieved
all our consolidation goals by specified target dates. They also worked closely with us on the
implementation and improvement of a number of strategic operational processes relating to
accounting, inventory, product management, manufacturing control and facilities.
Paragon's services proved to be indispensable in achieving a smooth and timely integration of the
business functions of our acquired companies.
Upon completion of our integration projects, we continued to employ Paragon's services to
develop a Manufacturing Planning and Control system for our newly acquired factory in
Connecticut. A sophisticated system was developed to manage all production processes
including vv'orkorder management, multi-level inventory control, bill of materials, raw material
management, prefabricated component issue, work in process tracking, shop floor control and
scrap reconciliation.
Paragon has taken our factory from the upheaval and disorder of post acquisition to a streamlined
fully automated production facility.
Yours truly,
Michael H. Ackner
MHG:nab
14001 Northwest Fourth Street • Sunrise, Florida 33325 • (800) 327-1808 • (954) 846-8099 • Fax (954) 846-0260
I

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Reference Aurafin

1. AURAFIN® Michael H. Ackner E-"Cfcullve Vice PreJloenl OperationJ July 21, 1999 To whom it may concern: At the beginning of 1998, Amafin Corporation retained the services of Paragon Consulting to orchestrate and manage all integration efforts pertaining to our acquisition oftwo leading jewelry manufacturing and distribution companies based in Texas and Connecticut. Each of the acquired companies employed a different mixture of information systems, computer hardware and business processes. Paragon assumed a leadership role, managing and coordinating staff at both the Connecticut plant location and our corporate headquarters in Florida. They were responsible for analyzing the information systems of the acquired companies, converting and consolidating databases, and redesigning and developing a number of mission critical applications on our corporate AS/400 computer to ensure compatibility. Paragon was fully accountable for ensuring that we achieved all our consolidation goals by specified target dates. They also worked closely with us on the implementation and improvement of a number of strategic operational processes relating to accounting, inventory, product management, manufacturing control and facilities. Paragon's services proved to be indispensable in achieving a smooth and timely integration of the business functions of our acquired companies. Upon completion of our integration projects, we continued to employ Paragon's services to develop a Manufacturing Planning and Control system for our newly acquired factory in Connecticut. A sophisticated system was developed to manage all production processes including vv'orkorder management, multi-level inventory control, bill of materials, raw material management, prefabricated component issue, work in process tracking, shop floor control and scrap reconciliation. Paragon has taken our factory from the upheaval and disorder of post acquisition to a streamlined fully automated production facility. Yours truly, Michael H. Ackner MHG:nab 14001 Northwest Fourth Street • Sunrise, Florida 33325 • (800) 327-1808 • (954) 846-8099 • Fax (954) 846-0260 I

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