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FOR IMMEDIATE RELEASE Ref. #NRE2008-06
MONTREAL, June 11, 2008 — TECSYS Inc. (TSX: TCS), an industry-leading supply chain management software company announced today that it was named one of the Top 100 IT Logistics providers by Inbound Logistics for its excellence in supply chain management.
The Top 100 Logistics IT Providers’ list was drawn from a pool of more than 300 companies using questionnaires, personal interviews and other research. The companies chosen reflect readers' needs for simplicity, ROI, and efficient implementation as well as a dual emphasis on best of breed or end-to-end, all-encompassing solutions.
With over 250,000 monthly readers in distribution, logistics, transportation and third party logistics, Inbound Logistics is a pioneering publication on demand-driven logistics practices. The publication’s readers face complex, demanding challenges: matching demand to supply and aligning their business to support business process evolution; reducing inventory; managing complete visibility of products from one end of the supply chain to the other.
"TECSYS has consistently provided technology solutions Inbound Logistics readers need to successfully manage their global enterprises. As shippers, carriers, and 3PLs increase their use of logistics IT, TECSYS continues to be flexible and responsive, anticipating customers' evolving needs and offering innovative and practical solutions in the face of fast-changing challenges," stated Felecia Stratton, Inbound Logistics Editor.
With over 500 mid-size and Fortune 1000 customers, TECSYS has achieved a market-leading position in several verticals; these include specialty drug distribution in healthcare, supply chain execution for hospital supply networks (IDNs), parts distribution for heavy equipment and the automotive industry, as well as supply chain execution for high-volume wholesale distribution for such industries as the retail sector, giftware and industrial distributors.
"TECSYS' selection to the Top IT Logistics Providers is a testimony of our continued ability to drive cost out of customers' logistics operations, and at the same time enable them to provide better service to gain greater customer satisfaction," commented Peter Brereton, President and CEO of TECSYS Inc. "This has translated into increased market share for TECSYS, especially in our target verticals where we have been able to achieve market leadership."
Inbound Logistics is the pioneering publication of demand-driven logistics practices, also known as supply chain management. IL's educational mission is to help businesses efficiently manage logistics, reduce and speed inventory, and neutralize transportation cost increases by aligning their supply to demand and adjusting enterprise functions to support that paradigm shift. More information about demand-driven logistics practices is available at www.inboundlogistics.com
TECSYS is a leading supply chain management software provider that delivers powerful enterprise distribution, warehouse and transportation logistics software solutions. The company's customers include over 500 mid-size and Fortune 1000 corporations in healthcare, heavy equipment, third-party logistics, and general high-volume wholesale distribution industries. TECSYS' shares are listed on the Toronto Stock Exchange under the ticker symbol TCS.
Solutions and general info: info@tecsys.com
Investor relations: investor@tecsys.com
Media relations: media@tecsys.com
TECSYS Inc.
(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. More information about the risks and uncertainties associated with TECSYS Inc.'s business can be found in the MD&A section of the Company's annual report and annual information form for the fiscal year ended April 30th, 2007. These documents have been filed with the Canadian securities commissions and are available on our website (www.tecsys.com) and on SEDAR (www.sedar.com).
Copyright © TECSYS Inc. 2008. All names, trademarks, products, and services mentioned are registered or unregistered trademarks of their respective owners.
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