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Edict Systems Announces Surpassing $10 Billion Worth of Purchase
Orders Processed via Web EDI
DAYTON, Ohio, Aug. 3 /PRNewswire-FirstCall/ -- Edict Systems, Inc., the wholly
owned and sole operating entity of Advant-e Corporation (OTC:AVEE) (BULLETIN
BOARD: AVEE) , announced today that it has reached a major milestone in
surpassing $10 billion in purchase orders processed since January 2000 via the
Company's Web-based Electronic Data Interchange (Web EDI) services.
Edict's GroceryEC.com service for Web EDI supports over 150 retail, wholesale
and distributor EDI implementations. This retail industry leading service
accounted for more than 95% of the $10 billion in purchase orders processed.
Edict's Web EDI solutions allow small and medium size suppliers to support the
Electronic Data Interchange initiatives of their customers, many of whom are
requiring EDI as a prerequisite for doing business. Large brand name suppliers
also use Web EDI to augment their existing in-house capabilities.
Commenting on this milestone, Jason K. Wadzinski, President and CEO of Advant-e
and Edict Systems stated: "The dollar amount of purchase orders that we have
processed for our customers and their retail partners highlights the value that
Edict Systems offers the trading communities we serve. The average dollar
amount of the purchase orders processed was $8,500, which shows that we are
reaching the small suppliers we are targeting for our Web EDI services. By
EDI-enabling small suppliers, the large retailers we support gain the maximum
benefits from their existing EDI capabilities."
Many large companies have invested heavily in their ability to do EDI with
their large suppliers. Web EDI allows these companies to maximize their
existing EDI capabilities by connecting their small and medium size suppliers
to their existing systems. Edict Systems' solutions enable businesses to
automate data exchange and streamline business processes with all suppliers
regardless of their size. Edict has proven itself as a leader in achieving
increased value from supply chain initiatives by working closely with large
buying organizations and over three thousand suppliers.
About Advant-e Corporation
Advant-e, via its wholly owned and sole operating subsidiary Edict Systems,
Inc., is a provider of Business-to-Business electronic commerce software and
Internet-based applications specializing in Electronic Data Interchange (EDI)
and XML-based solutions for recurring transactions. Advant-e specializes in
horizontal transaction services via EnterpriseEC(R), an Internet-based
Electronic Business Transaction Network, and within specific vertical
industries via web-based "vortals" including http://www.groceryec.com/ ,
http://www.retailec.com/ , http://www.cpgsupplier.com/ ,
http://www.logisticsec.com/ , and http://www.mfgec.com/ .
In addition to Internet and web-based e-commerce solutions, Edict Systems also
provides e-commerce integration and bar coding applications via its
FORMULA_ONE(R) translation software and Bar Code Label Modules. Additional
information about Advant-e Corporation can be found at http://www.advant-e.com/
and http://www.edictsystems.com/ or by contacting investor relations at (937)
429-4288. The company's email is .
The information in this news release includes certain forward looking
statements that are based upon assumptions that in the future may prove not to
have been accurate and are subject to significant risks and uncertainties,
including statements to the future financial performance of the company.
Although the company believes that the expectations reflected in its forward
looking statements are reasonable, it can give no assurance that such
expectations or any of its forward-looking statements will prove to be correct.
Factors that could cause results to differ include, but are not limited to,
successful performance of internal plans, product development and acceptance,
the impact of competitive services and pricing, or general economic risks and
uncertainties.
DATASOURCE: Advant-e Corporation
CONTACT: Investor Relations of Advant-e Corporation, +1-937-429-4288, or
Web site: http://www.advant-e.com/
http://www.edictsystems.com/
http://www.groceryec.com/
http://www.retailec.com/
http://www.cpgsupplier.com/
http://www.logisticsec.com/
http://www.mfgec.com/