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Date Posted: 2/19/2008

TECSYS Enters Into Partnership With Lawson Software

 
 
MONTREAL, QUEBEC--(Marketwire - Feb. 18, 2008) - TECSYS Inc. (TSX:TCS - News), an industry-leading supply chain management software company, today announced that it has entered into a partnership with Lawson Software, a global provider of enterprise software solutions to some 4,000 customers in manufacturing, distribution, maintenance and service sector industries across 40 countries.

TECSYS and Lawson have partnered to offer the hospital network market a complete, robust solution for Warehouse, Distribution and Facility management. Through the Lawson S3 Enterprise Management System, customers have access to core supply chain management and procurement solutions while TECSYS provides a best-of-breed Warehouse Management System that can be used to manage distribution centers and warehouses for large Integrated Delivery Networks (IDNs), which face the challenge of system-wide integration of their supply chain across multiple facilities.

"We are delighted to partner with Lawson Software. Our combined solutions will provide hospital networks with advanced supply chain management capabilities, which can ultimately help improve patient care and hospitals bottom line," commented Peter Brereton, President and CEO of TECSYS Inc. "Core to our go-to-market strategy is the healthcare industry, in particular the IDN marketplace of more than 200 groups of healthcare entities in North America. I look forward to our initiatives together as we continue to deliver solutions that are transforming the landscape of how healthcare services and products are being delivered to the patient."

For over a decade, TECSYS has been providing distribution and warehouse management solutions to the healthcare industry; these include Fortune 100 manufacturers and distributors, as well as a number of IDNs and third party logistics providers in Canada and the United States. The Company's product suite EliteSeries for healthcare effectively streamlines business processes that cut across functional areas and consolidates fragmented operations, often replacing multiple legacy systems. As a totally integrated solution suite - the EliteSeries speeds up the flow of business activity across the enterprise, consolidates information, manages inventory, drives dramatic cost savings, and delivers superior customer service.

About IDNs

An IDN (Integrated Deliver Network) is an organization or group of healthcare providers, which, through ownership or formal agreements, aligns local healthcare facilities and manages them with one governing board. They share vision and mission of improving the quality of care and patient satisfaction. This alignment positions IDN members to negotiate competitive payer contracts, physician relationships and enhance supplier relationships, and also drive contract compliance for products and services by leveraging the combined influence and buying power of the entire group.

About TECSYS

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 about 1000 mid-size and Fortune 1000 corporations in healthcare, heavy equipment, third-party logistics, and general wholesale high-volume distribution industries. TECSYS' shares are listed on the Toronto Stock Exchange under the ticker symbol TCS.

About Lawson Software

Lawson Software provides software and service solutions to 4,000 customers in manufacturing, distribution, maintenance and service sector industries across 40 countries. Lawson's solutions include Enterprise Performance Management, Supply Chain Management, Enterprise Resource Planning, Customer Relationship Management, Manufacturing Resource Planning, Enterprise Asset Management and industry-tailored applications. Lawson solutions assist customers in simplifying their businesses or organizations by helping them streamline processes, reduce costs and enhance business or operational performance. Lawson is headquartered in St. Paul, Minn., and has offices around the world. Visit Lawson online at www.lawson.com.

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. 2007. All names, trademarks, products, and services mentioned are registered or unregistered trademarks of their respective owners.


 
 


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