Mt. Laurel, N.J. (September 9, 2002) -- IMI Americas and Kyrus Corporation, two Premier IBM e-Business Partners, today announced a strategic alliance to optimally address the retail initiative of store replenishment.
Henry Bruce, IMI Americas Vice President of Strategy and Marketing, said, "The strategic alliance between IMI Americas and Kyrus Corporation provides retailers with one comprehensive source for best-of-class retail-specific technology, to increase store ROI and build bottom-line benefits. IMI delivers collaborative order management, demand and store replenishment, and logistics execution capabilities to complement Kyrus Corporation`s leadership position in POS systems. Our partnership will help retailers better understand and react to customers, improve out-of-stocks and build customer satisfaction."
IMI Americas, the North American business unit of Industri-Matematik International Corp. (NASDAQ: IMIC) -- The Order Company -- provides high-performance supply chain solutions for the retail value chain and helps retailers improve order and replenishment processes by focusing on actual customer demand. Kyrus, IBM`s largest reseller of point-of-sale (POS) systems, uses proven IBM platforms to develop tailored, multi-channel infrastructures that facilitate commerce and customer service in varied venues, from the store and kiosks to the web. Kyrus solutions range from point-of-sale to mobile and wireless point-of-sale, self-checkout, kiosk service terminals, web stores, enterprise software and servers, storage area networks and more.
"Our partnership is an extension of our IBM relationships," added Bruce, "Both Kyrus and IMI are Premier IBM e-Business Partners. Together, we can link IMI`s automated store replenishment software solution in stores with IBM and other POS applications to provide more comprehensive real-time data for faster, more informed order management. We share a joint goal to help the stores serve their customers better."
"Pairing IMI`s store-ordering asset with Kyrus` retail operations consulting expertise results in a solution that significantly reduces inventory cost, freeing up cash flow and making retailers more profitable," said Greg Edelson, Kyrus Consulting Practice Executive. "Kyrus has the retail expertise to integrate with existing systems and processes. We chose to partner with IMI because they are currently in the market with a working asset and we believe that this is an initiative in which a number of our customers are ready to engage. We feel that the Kyrus and IMI business models are very complementary."
Founded in 1974 and headquartered in Taylors, SC, Kyrus is IBM Corporation`s largest provider of POS systems. The company offers a wide range of services and solutions nationwide across five major market segments: supermarket, chain drug, general retail, hospitality, and education. Using proven IBM platforms, Kyrus can develop tailored, multichannel infrastructures, which facilitate commerce and customer service in varied venues from the store, to kiosks, to the web. The Kyrus portfolio features solutions ranging from point-of-sale to mobile and wireless point-of-sale, self-checkout, kiosk service terminals, web stores, enterprise software and servers, storage area networks, and much more. In addition to our solution offerings, Kyrus provides technology consulting, software development, staging, implementation, hardware and software maintenance, as well as a 24-hour Support Center. In addition, Kyrus maintains the prestigious title of IBM Premier Business Partner and Solution Provider. To learn more about Kyrus, please call toll-free 1-877-267-9571 or visit our website at www.kyrus.com.
IMI - The Order Company - is a global provider of high-performance supply chain solutions for the retail value chain that helps companies turn supply chain friction into smooth order flows. IMI software delivers collaborative order management, demand and store replenishment, and logistics execution capabilities. IMI customers include some of the world`s leading brands such as AT&T;, Campbell Soup, Canadian Tire, Carleton & United Breweries, Dannon, Dial, Frito Lay, Hartz Mountain, Kellogg`s, Mars, Inc., Land O`Lakes, Price Chopper Supermarkets, JM Smuckers, Sherwin Williams, Starbucks, VWR International and Warner/Electra/Atlantic. For information, visit www.imiamericas.com.
Julie D. Redard