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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Vers. Sys. Di | LSE:VVS | London | Ordinary Share | CA92531V1067 | COM SHS NPV (DI) |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 2.75 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
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0 | 0 | N/A | 0 |
FOR: VERSATILE SYSTEMS INC. TSX VENTURE SYMBOL: VV AIM SYMBOL: VVS June 27, 2008 TGI Partners With Versatile to Deliver Mobiquity Route(TM) Solution to TGI's Customers SEATTLE, WASHINGTON--(Marketwire - June 27, 2008) - Technology Group International, Ltd. (TGI), a leading ERP software provider, today announced a partnership with Versatile Systems Inc. (TSX VENTURE:VV)(AIM:VVS) to offer the Mobiquity Route(TM) solution to TGI's Enterprise 21 customers. For nearly two decades, TGI's Enterprise 21 ERP software has offered a strong ERP solution for food processors and distributors. With the addition of Versatile's Mobiquity Route(TM) software, this all- encompassing solution set now reaches beyond the delivery truck and inside to the store for final delivery to the customer. From the delivery of pre-sold orders to impromptu truck-based sales, Enterprise 21 and Mobiquity Route(TM) will manage food and beverage distribution seamlessly and effortlessly. Together, TGI and Versatile will help expand Enterprise 21's ERP functionality to include both direct- store-delivery (DSD) and route accounting functionality. Versatile's Mobiquity Route(TM) software fully integrates with TGI's Enterprise 21 ERP software, delivering an integrated solution that provides clients with such features as: - Tracking inventory across all routes, - Assigning multiple inventory locations for each route, - Tracking inventory on and off each truck, - Tracking multiple types of inventory (good, spoils), - Assigning inventory locations to customers (track displays or merchandise), - Ensuring on-time deliveries via directed workflow software, - Scanning totes or individual items off the truck, - Making adjustments and accepting returns at each stop, - Alerting drivers to special instructions for stops, - Getting proof of delivery (POD) via signature capture, - Delivering customer-ready DEX invoice formats, and - Recording delivery start and end times as well as odometer readings. With over four hundred installations in the manufacturing and wholesale distribution sectors, Enterprise 21 is a very scalable system that offers an ideal solution for small businesses up to large multi-national enterprises with over a thousand users. Enterprise 21 has a strong presence in the food and beverage industry, which will be highly complimented with the rich feature set of the Mobiquity Route(TM) solution. About Technology Group International, Ltd. Technology Group International, Ltd. was founded in 1990 and is headquartered in Toledo, Ohio. Technology Group International is a proven technology leader delivering Tier 1 application software functionality at a price performance level that can be readily accepted by organizations of all sizes. Specializing in software systems for small and mid-market manufacturing and distribution companies, TGI's integrated Enterprise 21 software package is a complete business process management solution. The product offering includes Enterprise Resources Planning (ERP), Manufacturing Resource Planning (MRP), Supply Chain Management (SCM), Warehouse Management System (WMS), Advanced Planning and Scheduling (APS), Decision Support System (DSS), Business Intelligence, Manufacturing Execution System (MES), and eCommerce. For more information go to www.tgiltd.com. About Versatile Versatile Systems Inc. provides business solutions that enable companies to improve sales, marketing, and distribution of their products. Versatile also provides information technology services for the implementation, maintenance, and security of mission-critical computer environments. Versatile has the ability to architect solutions involving both proprietary and third party components. For more information go to www.versatile.com. Forward-Looking Statements This document may contain forward-looking statements relating to Versatile's operations or to the environment in which it operates, which are based on Versatile's operations, estimates, forecasts and projections. These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to predict or are beyond Versatile's control. A number of important factors including those set forth in other public filings could cause actual outcomes and results to differ materially from those expressed in these forward-looking statements. Consequently, readers should not place any undue reliance on such forward-looking statements. In addition, these forward- looking statements relate to the date on which they are made. Versatile disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise. (C) 2008 Versatile Systems Inc. All rights reserved. -30- FOR FURTHER INFORMATION PLEASE CONTACT: Versatile Systems Inc. John Hardy Chairman and CEO 1-800-262-1633 or International: 001-206-979-6760 OR Versatile Systems Inc. Fraser Atkinson CFO 1-800-262-1633 Website: www.versatile.com OR Technology Group International Rebecca Gill Vice President 1-800-837-0028 Website: www.tgiltd.com The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. -0- Versatile Systems Inc.
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