RadioShack® Canada Chooses EXE Techologies` EXceed Fulfill to Increase Speed-to-Market
Dallas, Texas—October 25, 2001 – EXE Technologies, Inc. (Nasdaq: EXEE), a leading supply chain execution solutions provider, announced today that RadioShack Canada, the major operating division of InterTAN, Inc. (NYSE: ITN; TSE: ITA) has selected EXE`s EXceedTM Fulfill to improve inventory availability and increase the speed-to-market of its consumer electronics products.
"Constant changes/upgrades in electronics products means many items have relatively short shelf lives. Consequently, there is a need to quickly move these products from the production lines to the retail shelves. Additionally, seasonal demands (e.g., Christmas) create a need for greater inventory availability and improved fulfillment and distribution processes," explained Margo Weeks, vice president, information systems, RadioShack Canada. "EXE`s solution best matched our requirements for improved inventory availability and the ability to minimize inventory carrying costs and reduce stock-outs. By enhancing and streamlining our fulfillment processes, we expect improved customer service and a rapid return on investment."
EXceed WMS solution is further expected to help RadioShack:
reduce labor costs through the elimination of labor-intensive manual fulfillment processes;
increase inventory visibility throughout the distribution network and;
standardize their fulfillment operation on a best-of-breed application.
"We expect the EXceed technology platform to integrate easily with existing company systems, including, e-commerce, micro-merchandizing, store operations and accounting. The greatest benefit of the new supply chain execution solution will be product velocity and speed-to-market. We`re eager to get up and running," continued Weeks.
"An efficient supply chain will allow RadioShack to focus on its customers. By minimizing time-to-market through EXceed`s rich functionality, customers can expect prompt delivery and a highly satisfactory experience; and RadioShack can expect to maximize long-term customer loyalty and profitability," stated Ken Powell, president and chief operating officer, EXE Technologies. "This selection of EXE by RadioShack underscores our strength and expertise in the retail market space."
About InterTan, Inc.
InterTAN, Inc., (NYSE: ITN; TSE: ITA) headquartered in Toronto, operates approximately 890 company retail stores and dealer outlets in Canada under the trade name RadioShack® and Rogers AT&T Wireless Communications Express®. For more information about InterTAN, Inc., visit www.intertan.com. For more information about RadioShack Canada, visit www.radioshack.ca.
About EXE Technologies, Inc.
EXE Technologies, Inc. (NASDAQ: EXEE) is a leading provider of fulfillment, warehousing and distribution software for e-commerce and traditional distribution channels. EXE`s software allows companies to use the Internet and traditional communication methods to efficiently manage and control the flow of inventory throughout their supply networks. Companies use EXE`s software to reduce distribution costs, increase productivity and increase customer loyalty and satisfaction. EXE provides global service and support for its software from offices located in North America, Europe, the Middle East, Asia and Australia. For more information about EXE Technologies, Inc., call (214) 775-6000 or visit www.exe.com.
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EXE Technologies, EXE and EXceed are trademarks, registered trademarks or service marks of EXE Technologies, Inc. in the United States and/or other countries. All other trademarks or service marks contained herein are the properties of their respective owners.
Statements contained in this press release that are not historical facts may be forward-looking statements, as the term is defined in the Private Litigation Reform Act of 1995. In some cases, you can identify forward-looking statements by terminology such as "anticipate", "estimate", "expect", "project", "intend", "plan", "believe" and other words and terms of similar meaning in connection with any discussion of future operating or financial performance. Many factors, including the risks outlined from time to time in the documents filed by EXE with the Securities and Exchange Commission, will be important in determining future results. The forward-looking statements contained in this press release include, among other things, statements relating to the capabilities of EXE`s software, EXE`s ability to implement its software and customers` ability to realize certain results from the implementation of EXE`s software. Any and all forward-looking statements can be affected by inaccurate assumptions or by known or unknown risks and uncertainties, including, among other things, the length and complexity of the implementation cycle for EXceed software, which may result in delays and/or customer dissatisfaction. Actual future results may vary materially.
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