![]() |
|
| Contact Us | Site Map |
|
FOR IMMEDIATE RELEASE Ref. #NRE2005-08
MONTREAL, March 31, 2005 — TECSYS Inc. (TSX: TCS), a leading Supply Chain Management (SCM) software company announced today that it has acquired all the shares of Symplistech Inc. (Symplistech), a leading Canadian consulting practice specialising in the implementation of SAP solutions.
"We enable supply chain excellence. Small, medium and large companies with the need to purchase, store, and ship large volumes of product with high accuracy come to us. Many of them already run SAP but now need to expand into the warehouse. Others have a corporate head office SAP strategy and run our EliteSeries in their branches and warehouses." said Dave Brereton, Executive Chairman and Co-CEO of TECSYS Inc. "TECSYS is pleased to announce that we will now offer the expertise of a thriving SAP consulting group to meet these needs. This group will be an integral part of the TECSYS family operating as part of our Logistics Management Group (formerly ASI). Symplistech is profitable and we expect this transaction to be accretive to earnings."
Headquartered in St.Catharines, Ontario, Symplistech was founded in 1998 and has become a full service SAP consulting practice for manufacturing, warehousing and distribution businesses. Symplistech has had a great track record in successful SAP implementations for more than 16 customers in the United States and Canada. The customer base includes companies in consumer packaged goods, utilities, government, electronics manufacturing and mining industries. Some of the brand name clients are: Panasonic Canada, Teck Cominco, Siemens, Tersano and World Kitchen.
According to Dennis Nikkel, Symplistech President, "We have an excellent reputation for on time, on budget SAP implementations and upgrades." Nikkel added, "By leveraging the knowledge, reputation, and leadership position of TECSYS we can further expand our consulting throughout North America."
TECSYS is a leading Supply Chain Management software company that provides powerful enterprise distribution and transportation logistics software solutions through four divisions and two product lines covering integrated Order Management, Warehouse Management, Transportation Management, Purchasing and Accounting.
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.
|
Company Overview | Management Software Overview | Industries Overview | Services Overview | Home Distribution Management Software (DMS) | Warehouse Management Software (WMS) | Transportation Management Software (TMS) 87 Prince Street Montreal, Quebec, Canada H3C 2M7 ©2008 TECSYS Inc., Legal & Privacy |