VERTEX INTERACTIVE RELEASES BROWSER-BASED WMS - STRADIVARI WEB
For Immediate Release
Contact: Paige Wickham
Director, Marketing & Communications
pwickham@vertexinteractive.com
516-466-5190 x105
Fairfield, New Jersey (September 7, 2001) - Vertex
Interactive, Inc., a leading provider of supply chain execution and order
fulfillment technologies, (NASDAQ:VETX), has released Stradivari Web, its
browser-based warehouse management system (WMS). Stradivari Web’s
functional and technological benefits target medium to large distribution
centers, including complex multi-facility installations.
Stradivari Web allows users to access up-to-the-minute critical warehouse
and inventory information via a browser, whether they are within the four
walls of the distribution center or not. Designed as a “Plug and Play”
system, Stradivari Web incorporates sophisticated functionality and can be
easily deployed across additional facilities. Users need only a browser
workstation and RF terminals in an RF-directed environment for real-time
data exchange to experience the true benefits of Stradivari Web. Unlike
other, more traditional WMS applications, Stradivari Web is a Web-based
system, which requires no software to be loaded on the workstation further
enhancing cost savings and ROI.
Stradivari Web can be easily modified to meet specific business requirements
and offers robust functionality including: highly configurable warehouses,
automated putaway based upon user-defined parameters, pallet tracking and
building, QA management, cross-docking capabilities, radio frequency,
automated cycle counting, lot/batch and serial number traceability, full
transaction audit trails, kitting, forward pick and replenishment, and
inquiries and reports.
Stradivari Web completes the line of WMS software products that Vertex has
strategically designed to address all three tiers of the WMS market.
Stradivari Web is designed principally for Tier 2 customers, complementing
Vertex’s Tier 1 WMS system, RenSoftWMS and Tier 3 WMS, Stradivari. Stadivari
Web has proven successful for Bodek and Rhodes, an imprinter/ distributor of
corporate and casual activewear, whose customers often require same day
order turnaround at its Philadelphia and Michigan facilities. Immediate
benefits realized by Bodek and Rhodes include sub-level response time for
all RF functionality, less than 5% return rate on customer orders, and a 30%
increase in productivity.
Safe Harbor
Certain statements contained herein may be forward-looking in nature and are
therefore subject to risks and uncertainties that could cause actual results
to differ materially. The Company’s recent acquisition history, progress
toward completing the integration of its acquisitions, history of operating
losses, current expense levels compared with its sales, and the state of
development of its product portfolio, coupled with the overall economic and
competitive operating environments pose a number of risks investors should
take into consideration in connection with assessing our financial and
operating results. A more detailed discussion of these and other important
risk factors can be found in the documents filed with the Securities and
Exchange Commission on forms 10-K and 10-Q. Towards the end of each fiscal
quarter, Vertex Interactive will have a ‘Quiet Period’ when Vertex
Interactive and its representatives will not comment concerning previously
published financial expectations, and we disclaim any obligation to update
during the Quiet Period. The public should not rely on previously published
expectations during the Quiet Period. Vertex Interactive’s Quiet Period at
the end of its fiscal fourth quarter is expected to run from September 15,
2001 until earnings are released the third or fourth week of December 2001.
Investors should not expect that these forward-looking statements will be
updated or supplemented as a result of changing circumstances or otherwise,
and Vertex Interactive disavows and disclaims any obligation to do so.
About Vertex Interactive
Vertex Interactive is a global provider of business-to-business, supply
chain execution technologies and enterprise applications integration. The
company offers a comprehensive service including consultancy and
systems-integration as well as fixed and mobile hardware, to support its
broad range of software systems. Vertex Interactive solutions enhance
productivity across the supply chain, with a portfolio of products ranging
from fixed and mobile order entry and processing, through inventory and
warehouse management to distribution and transportation planning. Vertex’s
inventory and warehousing applications include “light directed” technologies
for picking and packing and technology for handheld devices including auto
ID and printing solutions (for standard and 3d bar coding), and a
proprietary WMS tool that enhances the functionality of SAP/R3
implementations.
Vertex has a rapidly growing international presence, with operations
currently throughout North America and Europe. Vertex’s customers include
leading companies such as Air Express International, Avery Dennison, Bacardi
Martini, Bristol Myers Squibb, Daimler Chrysler, Express Dairies, Georg von
Opel, IBM, Kraft Jacob Suchard, Maastricht University, Merck, Nestle, North
Sea Ferries, Parts Express, Pfizer, Warner Lambert and Wal-Mart. For
additional information, please visit their web site at
.
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