SPS COMMERCE ACQUIRES OWENS DIRECT
Software-as-a-Service Leader in EDI Expands Operations, Adds Specialized Staff and Enhances Solutions for 3,200 New Customers Worldwide
Minneapolis, Minn., Feb. 28, 2006 - SPS Commerce, the leading Software-as-a-Service (SaaS) provider of Electronic Data Interchange (EDI), today announced the acquisition of Owens Direct, a privately-held EDI service based in Lexington, Kentucky. The acquisition expands SPS` current operations and SaaS services to include hundreds of new electronic connections to retailers, knowledgeable EDI and business process experts, and strong customer relationships representing a broad range of industries including grocery.
As a combined organization, SPS Commerce offers its community of more than 12,000 customers:
- Proven EDI connections to more than 1,000 retailers, grocers and buying groups
- Integrated services for bar code and shipping labels without any additional software requirements
- The ability to integrate directly with a broader set of accounting packages including Peachtree, QuickBooks, ACCPAC, Great Plains, Macola,, MAS90, MAS100, MAS200, MAS500, Oracle, SAP and many others
- Additional SaaS supply chain applications including UPC catalogs and online ordering websites
- Access to a world-class infrastructure-including a state-of-the-art hosting facility-for enhanced security, performance and reliability
"We are pleased to welcome all of Owens Direct`s staff and their customers to SPS Commerce," said Archie Black, president and chief executive officer at SPS Commerce. "Both companies were built with the mission of providing organizations a reliable and cost-effective alternative to internal EDI software applications. This synergy ensures a smooth transition for Owens` staff, customers and partners with no or minimal impact on their everyday operations and contacts. Together, we are looking forward to providing our customers with another year of hassle-free EDI."
About SPS Commerce
SPS Commerce the leading Software-as-a-Service (SaaS) provider of Electronic Data Interchange (EDI) to the retail and distribution supply chain. Through its online service platform, SPSCommerce.net delivers technologies like EDI, UPC Catalogs, Item Synchronization and Online Ordering sites. SPS Commerce dramatically lowers the setup and on-going costs, along with the time and risks of traditional EDI software by providing a superior alternative to complicated, lengthy and expensive traditional software deployments. Today, more than 12,000 companies are outsourcing their EDI to SPS Commerce. SPSCommerce.net is widely used by companies running a variety of ERP systems including Oracle, NetSuite, SAP, Epicor, Great Plains, QuickBooks, Macola, MAS 90/200 & 500, Microsoft Business Solutions applications, Peachtree and many more. SPS Commerce is headquartered in Minneapolis/St. Paul, Minn. For additional information, please contact SPS Commerce at 866-245-8100 or visit www.spscommerce.com.
SPS Commerce is a registered trademark of SPS Commerce Inc. SPSCommerce.net and the SPS Commerce logo are the property of SPS Commerce, Inc. All other names and trademarks are the property of their respective holders.
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