IMI AMERICAS AND KYRUS TO BOOST RETAILERS` PROFITS THROUGH OPTIMAL STORE REPLENISHMENT
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."
About Kyrus
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.
About IMI
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.
###
Contact:
Julie D. Redard
Account Supervisor
Porter Novelli/Boston
617/450-4300 x234
julie.redard@porternovelli.com
www.porternovelli.com
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