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Cambar Software Acquired by Supply Chain Holdings; Infusion of Funding Expected to Fuel Growth of Leading Supply Chain Solutions Firm.


Business Editors/High-Tech Writers

CHARLESTON, S.C.--(BUSINESS WIRE)--Nov. 6, 2002

Cambar Software Inc. (CSI CSI Crime Scene Investigator
CSI CompuServe, Inc.
CSI Commodity Systems, Inc.
CSI Commodity Systems Inc. (Boca Raton, FL)
CSI Crime Scene Investigation (CBS TV show)
CSI Christian Schools International
) today announced that it has been acquired by Supply Chain Holdings LLC (Logical Link Control) See "LANs" under data link protocol.

LLC - Logical Link Control
 (SCH SCH School
SCH Schedule
SCH Search
SCH Semester Credit Hours
SCH Santander Central Hispano (bank in Spain)
SCH Socket Head
SCH Synchronization Channel
SCH Succinylcholine
SCH Space Center Houston
), a Southeast investment firm, for an undisclosed amount.

CSI plans to leverage the new ownership group and funding to accelerate the growth of its supply chain execution software in target vertical markets.

CSI provides software solutions that streamline supply chain operations for business-to-business customers involved in the distribution of products, specifically in the healthcare, high-tech, consumer-packaged goods and food industries.

"The acquisition of CSI is a superb strategic fit," said Cecil Duffie, a principal of SCH who will serve as CSI's chief executive officer. "SCH quickly saw an investment opportunity in CSI that is truly unique in today's difficult economy and tight investment environment. The company's superior product functionality, prestigious customer list, seasoned management team and proven sales and services consultants convinced us that CSI can continue to be a dominant software provider in the fragmented but growing supply chain execution space."

Another SCH principal, Robert Moore Robert Moore may refer to
  • Robert Moore (politician) (1886-1960), Northern Ireland theologian and politician
  • Robert Moore (Pennsylvania) (1778-1831), United States Congressman from Pennsylvania
, will serve as CSI's chief financial officer. "Our investment in CSI is a testament to our belief that we will strengthen its leadership position in the supply chain execution market," Moore said.

About Cambar Software Inc.

Cambar Software Inc. (CSI) is a leading provider of software solutions that streamline supply chain efficiency. Founded in 1981, CSI has spent over 20 years driving solutions that help overcome challenges within the supply chain. CSI provides robust, integrated Web commerce, order management, warehouse management and financial management solutions that power and optimize optimize - optimisation  supply chain execution across the enterprise. Market- leading enterprises, including Owens and Minor, Ingram Micro Ingram Micro, Inc. NYSE: IM a Fortune 100 company founded in 1979 and based in Santa Ana, California. It is the world’s largest technology distributor and a leading technology sales, marketing and logistics company. , Nestle, Purina and Vitality Beverages, have realized benefits from CSI solutions. For more information, visit www.cambarsoftware.com.

About Supply Chain Holdings, LLC

Supply Chain Holdings, LLC is a Southeastern investment firm that acquires and invests in growing and established supply chain management software and consulting firms Noun 1. consulting firm - a firm of experts providing professional advice to an organization for a fee
consulting company

business firm, firm, house - the members of a business organization that owns or operates one or more establishments; "he worked for a
.
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Copyright 2002, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Nov 6, 2002
Words:327
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