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FOR IMMEDIATE RELEASE Ref. #NRE2004-13
MONTREAL, June 21, 2004 — TECSYS Inc. (TSE: TCS), a leading Supply Chain Management (SCM) software provider, announced today that it has signed an agreement with Lion Rampant Imports to implement its PointForce distribution software suite. TECSYS PointForce software will provide Lion Rampant with the edge in customer satisfaction, inventory management and reporting to exceed the company's distribution and customer requirements.
"PointForce gives us immediate access to relevant information and tightens up our business procedures, with information flowing from order to shipping all from a single database," remarked Ross Fleming, President of Lion Rampant Imports. "In searching the marketplace, I found that many companies like ours were using applications designed for retail stores, or they have written software themselves. Our challenge is that we are an importer and a wholesaler, not a retailer." Fleming also stated, "As I attended different events, the name PointForce kept coming up. After further investigation, it became clear that this application would carry us well into the 21st century. We're confident in knowing the areas of savings, especially in the amount of time saved by eliminating duplicate data entry. I expect us to see an ROI within six months."
Lion Rampant distributes over 15,000 specialty board games to independent and specialty retail outlets throughout Canada. Its current point-of-sale application for small businesses has not been able to provide timely information nor fully met its needs. Multiple databases had to be created to track critical business information - which led to errors and unnecessary time. Lion Rampant was also facing a challenge in keeping up with its own success. The company has grown sales and revenue every year of the 12 years since its inception. To keep up with this growth and expansion, the PointForce suite of applications enable Lion Rampant to continue to focus on its business with centralized information management, complete with full visibility and reporting capabilities.
Kevin Tribe, President of TECSYS PointForce Division, stated, "The importing and distribution market continues to change at a rapid pace, and such businesses are growing very well. Our PointForce application suite is at the forefront to deliver the much needed functionality to support such growth. We can clearly show an accelerated ROI, low cost of ownership and quick implementation, while offering our customers the tools to manage and control their costs and ensure customer satisfaction."
PointForce will be implemented at Lion Rampant's 8,000-sq.-ft. warehouse in Hamilton, Ontario, Canada.
Started in 1993, Lion Rampant Imports is an importer of specialty board games. The company currently focuses on brick-and-mortar stores. Lion Rampant differentiates itself by importing games not found in Wal-Mart or Toys R Us. It imports board games such as Warcraft, specialty Monopoly, Dungeons and Dragons, Pokemon card games, Age of Mythology, and soon, Doom III, to name a few. These games are imported from all over the world. For more information, please visit www.lionrampantimports.com.
TECSYS is a leading Supply Chain Management software company that provides powerful enterprise distribution software solutions through three divisions. 1) EliteSeries SCM software suite focuses on mid-to-large healthcare distribution and logistics companies (pharmaceuticals/medical/surgical distributors and integrated delivery networks), along with key segments in general wholesale distribution. EliteSeries' modules include Enterprise Performance Management, Distribution Management, Warehouse Management, Transportation Management, and E-Commerce. 2) PointForce distribution software suite focuses on the giftware industry, along with office products distribution and other small-to-medium importer/distributors. 3) TECSYS Transportation System provides a state-of-the-art multi-carrier solution for parcel and LTL management. The company's customers include about 600 small and medium size and Fortune 1000 companies. TECSYS' shares are listed on the Toronto Stock Exchange (TSX) under the ticker symbol TCS.
Solutions and General Info: info@tecsys.com
Investor Relations: investor@tecsys.com
(514) 866-0001 or (800) 922-8649
The statements in this news release relating to matters that are not historical fact are forward looking statements that are based on management's beliefs and assumptions. Such statements are not guarantees of future performance and are subject to a number of uncertainties, including but not limited to future economic conditions, the markets that TECSYS Inc. serves, the actions of competitors, major new technological trends, and other factors beyond the control of TECSYS Inc., which could cause actual results to differ materially from such statements. All names, trademarks, products, and services mentioned are registered or unregistered trademarks of their respective owners.
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