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Press and Analyst contacts: For
Immediate Release
Rik Schrader
VP - Business Development, Marketing & Sales
AquiTec, Inc.
312.264.1935
Ron Margulis
RAM Communications
908.232.3230
ramcommunications@home.com
AquiTec
Launches Web-based WMS;
Named to Software Magazine’s Software 500
WMS joins procurement and ordering in AquiTec’s
online product offering
Software Magazine Ranks AquiTec as one of the World’s Largest
Software Companies
Houston October 21, 2001 -- AquiTec, a leading
provider of supply chain execution software, today announced the
extension of its web-based supply chain management product line
to include a warehouse management system. In addition, the company
is pleased to announce that it was featured in the Software 500,
Software Magazine’s list of the world’s foremost software
and services providers, for the first time.
eWMS
AquiTec eWMS is a web-enabled warehouse management system that delivers
advanced functionality designed to improve productivity and accuracy,
reduce space requirements, increase volume capacity, obtain total
inventory control and accountability and ultimately increase customer
service and market share. The solution, which joins eBilling and
eProcurement in AquiTec’s web-enabled supply chain management
suite, will be available for release in the latter part of 2002.
"AquiTec eWMS will give retailers and wholesalers
the power they need to accurately control all of the activities
in their distribution centers, and will do it in a real-time environment,"
said Rik Schrader, Vice President of Marketing and Sales. "This
new solution builds on our 30 years of experience in supply chain
management systems to deliver a flexible application that addresses
some of the industry biggest challenges, like inventory management,
selection accuracy and worker productivity."
Software 500
AquiTec ranked 413th in Software Magazine’s annual compendium
of software and services suppliers, catalogs the ranking, financial
performance and growth, and primary business sector for each company
as well as trend information for the Software 500 as a whole. The
Software 500 is a comprehensive look at the enterprise software
landscape, encompassing both public and private companies that develop
business software and services. The ranking is based on total worldwide
software and services revenue for 2000.
"We are very honored by our inclusion in Software
magazine’s Software 500," said Frank Arico, Chief Executive
Officer, AquiTec. "I attribute this success to the hard work
of everyone in our organization and to the support we have received
from our customer base."
John Desmond, Software Magazine’s editorial director,
added "The CIOs, senior IT and e-business managers who read
Software Magazine value this yearly benchmark of the standing of
their product and service partners. Each year as suppliers consolidate
and new markets emerge, the composition of the Software 500 ranking
reflects those changes."
A complete list of this year’s Software 500 financial
ranking and alphabetical list can be found at www.softwaremag.com.
About AquiTec, Inc.
AquiTec, Inc. is a leading provider of Supply Chain Execution (procurement,
billing/order management, labor management and WMS) software for
traditional and e-commerce distribution channels. AquiTec's software
allows companies to use the Internet and traditional communication
methods to efficiently manage and control the flow of inventory
throughout the supply chain, from procurement operations through
to invoicing the Customer. Companies use AquiTec's software to reduce
supply chain costs and increase customer loyalty and satisfaction.
AquiTec provides global service and support for its software from
established facilities in the USA, United Kingdom and South Africa.
For more information about AquiTec, Inc., visit www.aquitecintl.com
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