Edict Systems Reaches Major Milestone
2004年4月17日 - 12:15AM
PRニュース・ワイアー (英語)
Edict Systems Reaches Major Milestone Over $8 Billion Worth of
Purchase Orders Processed via Web EDI Solutions DAYTON, Ohio, April
16 /PRNewswire-FirstCall/ -- Edict Systems, Inc., the wholly owned
and sole operating entity of Advant-e Corporation (BULLETIN BOARD:
AVEE) , announced today that it has reached a major milestone in
surpassing $8 billion in purchase orders processed since January
2000 via the Company's Web-based Electronic Data Interchange (Web
EDI) services. This represents more than a 40% increase in the last
twelve months. Edict's GroceryEC.com service is a recognized leader
in the retail supply chain for Web EDI, supporting over 150
retailer, wholesaler and distributor EDI implementations.
GroceryEC.com accounts for more than 90% of the $8 billion in
purchase orders processed. Edict Systems is pleased to support more
than 70% of the EDI requirements of the major retail grocers in the
United States. Edict's web EDI solutions allow small and medium
size suppliers to support the Electronic Data Interchange
initiatives of their customers, many of whom are requiring EDI as a
requisite to doing business with them. Large brand name suppliers
also use Web EDI to augment their existing in-house capabilities.
Commenting on this milestone, Jason K. Wadzinski, President and CEO
of Advant-e and Edict Systems stated: "We are extremely pleased
with the acceleration of our transaction volume. This growth
demonstrates that both large organizations and their suppliers are
experiencing increased benefits from our Web EDI solutions. While
we are still gaining momentum in our GroceryEC.com services, we are
now generating increased interest and business in our other
vertically branded solutions." Many large companies have invested
heavily in their ability to do EDI with their large suppliers. Web
EDI allows these companies to maximize their existing EDI
capabilities by connecting their small and medium size suppliers to
their existing systems. Edict Systems' solutions enable businesses
to automate data exchange and streamline business processes with
all suppliers regardless of their size. Edict has proven itself as
a leader in achieving increased value from supply chain initiatives
by working closely with large buying organizations and nearly three
thousand suppliers. About Advant-e Corporation Advant-e, via its
wholly owned and sole operating subsidiary Edict Systems, Inc., is
a provider of Business-to-Business electronic commerce software and
Internet-based applications specializing in Electronic Data
Interchange (EDI) and XML-based solutions for recurring
transactions. Advant-e specializes in horizontal transaction
services via EnterpriseEC(R), an Internet-based Electronic Business
Transaction Network, and within specific vertical industries via
web-based "vortals" including http://www.groceryec.com/ ,
http://www.retailec.com/ , http://www.cpgsupplier.com/ ,
http://www.logisticsec.com/ , and http://www.mfgec.com/ . In
addition to Internet and web-based e-commerce solutions, Edict
Systems also provides e-commerce integration applications via its
FORMULA_ONE(R) translation software. Additional information about
Advant-e Corporation can be found at http://www.advant-e.com/ and
http://www.edictsystems.com/ or by contacting investor relations at
(937) 429-4288. The company's email is . The information in this
news release includes certain forward looking statements that are
based upon assumptions that in the future may prove not to have
been accurate and are subject to significant risks and
uncertainties, including statements to the future financial
performance of the company. Although the company believes that the
expectations reflected in its forward looking statements are
reasonable, it can give no assurance that such expectations or any
of its forward-looking statements will prove to be correct. Factors
that could cause results to differ include, but are not limited to,
successful performance of internal plans, product development and
acceptance, the impact of competitive services and pricing, or
general economic risks and uncertainties. DATASOURCE: Advant-e
Corporation CONTACT: Investor Relations of Advant-e Corporation,
+1-937-429-4288, or Web site: http://www.advant-e.com/
http://www.edictsystems.com/
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