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Edict Systems Reaches Major Milestone
Over $8 Billion Worth of Purchase Orders Processed via Web EDI Solutions
DAYTON, Ohio, April 16 /PRNewswire-FirstCall/ -- Edict Systems, Inc., the
wholly owned and sole operating entity of Advant-e Corporation (BULLETIN
BOARD: AVEE) , announced today that it has reached a major milestone in
surpassing $8 billion in purchase orders processed since January 2000 via the
Company's Web-based Electronic Data Interchange (Web EDI) services. This
represents more than a 40% increase in the last twelve months.
Edict's GroceryEC.com service is a recognized leader in the retail supply chain
for Web EDI, supporting over 150 retailer, wholesaler and distributor EDI
implementations. GroceryEC.com accounts for more than 90% of the $8 billion in
purchase orders processed. Edict Systems is pleased to support more than 70% of
the EDI requirements of the major retail grocers in the United States.
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 requisite to doing business with them. 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: "We are extremely pleased with the acceleration of
our transaction volume. This growth demonstrates that both large organizations
and their suppliers are experiencing increased benefits from our Web EDI
solutions. While we are still gaining momentum in our GroceryEC.com services,
we are now generating increased interest and business in our other vertically
branded solutions."
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 nearly 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 applications via its FORMULA_ONE(R) translation
software. 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/