Island Pacific Announces Strategic Partnership with VisionCompass; Island Pacific Customers Can Now Benefit From Collaborative Enterprise Management Solution
CONTACT: Island Pacific
Ron Koren, 949/440-3193
rkoren@islandpacific.com
or
SVI Solutions Inc.
Tricia Skoda, 760/496-0248
tskoda@svisolutions.com
IRVINE, Calif.--Jan. 10, 2003--Island Pacific, a division of SVI Solutions Inc. (AMEX: SVI), today announced the signing of a marketing and sales partnership agreement with VisionCompass Inc.
Under terms of the agreement, Island Pacific will market VisionCompass(TM) collaborative enterprise management software.
VisionCompass uniquely combines the best of performance management, business intelligence, resource planning, and collaboration capabilities into one straightforward, Web-based application. The system enables decision makers and teams to develop specific business goals, work on them together, and measure their collective results objectively. The highly flexible system is easily customizable to fit each organizations unique needs and leads directly to improved quality and visibility of key indicators throughout the enterprise.
"Most of our solutions address management issues at an operational level. We are building our offerings to give executive management appropriate tools to more efficiently view and act upon data at a strategic level," said Steve Beck, president of Island Pacific. "The VisionCompass solution offers functionalities that will empower our customers to know, to measure, and to lead in today`s competitive global marketplace."
Island Pacific believes working with VisionCompass will keep them in the forefront of the retail industry offering their customers advanced management tools for knowledge management process integration.
"This partnership allows Island Pacific and VisionCompass Inc., to reach out to customers with combined intellectual resources, giving customers unparalleled expertise in Collaborative Enterprise Business Management," said Todd Stofka of VisionCompass Inc. "We feel that Island Pacific will play a significant role in delivering the VisionCompass products to organizations across the globe -- especially those who are ready to take intelligent business management to the next level."
About VisionCompass
VisionCompass Inc., headquartered in Seattle, develops and markets collaborative enterprise management tools that enable senior executives to manage their organizations more effectively and efficiently. The VisionCompass system objectively measures real-world performance, automatically compares accomplishments against pre-determined goals, and presents the results in easy-to-understand formats, enabling executives to react quickly to changing business conditions. By layering above existing specialized software applications, and bridging organizational lines within the enterprise, the VisionCompass tool suite provides at-a-glance insight into key facets of operations that are not available through any other means. More information about VisionCompass can be obtained on their Web site at www.visioncompass.com.
About Island Pacific
Island Pacific, a division of SVI Solutions Inc. (AMEX: SVI), provides retailers with a fully integrated suite of software to manage the spectrum of merchandising activities and create success for single and multi-channel businesses. Partnering with our customers, our products deliver the tools retailers need to effectively increase revenues and profits - assuring merchandise desired by customers is in retailers` stores priced competitively.
To complement the spectrum of success provided by our software products, we also offer a breadth of professional services including consulting, implementation, technical and project management. Headquartered in Irvine, Calif., Island Pacific has offices in the United States and the United Kingdom. Its worldwide customer base includes major retailers such as American Eagle Outfitters, Timberland, Chick`s Sporting Goods, The Limited, Nike, Signet and Vans Inc. More information about Island Pacific can be obtained on their Web site at www.islandpacific.com
About SVI
Headquartered in Carlsbad, Calif., SVI provides multi-channel technology solutions to retailers. The company`s suite of offerings includes store systems as well as enterprise management, merchandising and direct-to-consumer solutions sold under the Island Pacific brand. Complementing these offerings, the company provides an expansive menu of professional services including consulting and implementation services, as well as technical and project management services. SVI maintains offices in the United States and the United Kingdom. SVI`s subsidiary, SVI Training Products, is a leading provider of state-of-the-art PC courseware, customization tools and skills assessment software for educational institutions and government entities. More information about SVI can be obtained on their Web site at www.svisolutions.com.
Certain statements contained in this news release regarding matters that are not historical facts are forward-looking statements. These statements relate to future events or the company`s future performance. These statements are only predictions. Because such forward-looking statements include risks and uncertainties, actual results may differ materially from those expressed in or implied by such forward-looking statements. Factors that could cause actual results to differ materially include, but are not limited to, the risk factors listed in the company`s Form 10-K (as amended) for the fiscal year ended March 31, 2002 and other risk factors identified from time to time in the company`s filings with the Securities and Exchange Commission. SVI undertakes no obligation to release publicly any revisions to the forward-looking statements to reflect events or circumstances after the date of this news release or to reflect the occurrence of unanticipated events.
Back...
