Computron Software signs deal with Coca-Cola Bottling Co. Consolidated; Enterprise License Agreement Value More Than $900,000.RUTHERFORD, N.J.--(BUSINESS WIRE)--Sept. 19, 1996--Computron Software, Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : CTRN CTRN Colorado Technical Recruiters Network CTRN Can't Talk Right Now CTRN Certified Transport Registered Nurse CTRN Change That's Right Now, Inc (New York, NY phobia clinic) ), a leading developer of client/server financial, workflow, and COLD software systems, announced today that it has signed an Enterprise License Agreement with the Coca-Cola Bottling Co. Consolidated (CCBCC CCBCC Coca-Cola Bottling Company Consolidated (Charlotte, North Carolina) CCBCC Cape Cod British Car Club CCBCC Central Coast British Car Club (Ventura, CA) ) headquartered in Charlotte, NC. The agreement, which calls for the implementation of the full suite of Computron Financial(TM) Software integrated with Computron Workflow(TM) and Computron COOL(TM) (Computer Output On-Line) technologies, is valued at $924,000 in software and services. CCBCC produces, markets and distributes carbonated soft drinks in a 12-state area encompassing nearly 16 million people primarily in the Southeast U.S. It is the second largest Coca-Cola bottler in the U.S. "This Enterprise agreement with the Coca-Cola Bottling Co. Consolidated reinforces Computron's position in the marketplace as a leading provider of financial software products and is an acknowledgment of the benefits of our technology," stated Andy Typaldos, Chairman of Computron. Typaldos added, "Having our software evaluated against many formidable competitors and winning this contract is representative of the shift to best-of-breed financial software in the client/server industry. Large companies such as Coca-Cola Consolidated are partnering with dynamic and agile companies such as Computron, who can provide them with the products, service, and personal attention that best fulfills the needs of their enterprise." The implementation of Computron's applications will be an important part of CCBCC's initial migration from its existing mainframe to a client/server environment A networking environment that is made up of clients and servers running applications designed for client/server architecture. See client/server. , allowing both PC and terminal users access to the Computron software, which will be running under Microsoft NT on an Intel PC server. Computron's Financials are targeted to be deployed at CCBCC by the end of 1996 and fully operational in late 1997. "After reviewing the top client/server providers in the industry, we opted for the overwhelming benefits of a partnership with Computron, which included a fully integrated suite of financial applications supported by industry best practices that will help us migrate to client/server while leveraging our existing hardware environment," said Lauren Steele, Coca-Cola spokesman. CCBCC will implement the process-oriented software including Computron Financials and Computron Workflow via Computron's Best Practice Object(TM) (BPO BPO Business Process Outsourcing BPO Benevolent & Protective Order (of Elks of the USA) BPO Benzoyl Peroxide BPO Business Process Optimization BPO Broker Price Opinions BPO Buffalo Philharmonic Orchestra ) Library. This will enable CCBCC to take advantage of Computron's best practice- enabled business processes for handling both the expense and procurement cycles within the Company. Computron will also install its COOL software, a high-speed, cost- efficient technology for enterprise-wide, client/server data storage and retrieval. Computron Software, Inc., Background Information Headquartered in Rutherford, New Jersey Rutherford is a borough in Bergen County, New Jersey, United States. As of the United States 2000 Census, the borough population was 18,110. Rutherford was formed as a borough by an Act of the New Jersey Legislature on September 21, 1881, from portions of Union Township, , Computron Software, Inc., is an international software company that designs, markets, and supports n-tier workflow and internet-enabled client/server based financial, workflow, COLD (Computer Output Laser Disk) and maintenance management software solutions. Computron's products are interoperable across most major UNIX UNIX Operating system for digital computers, developed by Ken Thompson of Bell Laboratories in 1969. It was initially designed for a single user (the name was a pun on the earlier operating system Multics). and legacy architectures, as well as on Microsoft Windows See Windows. (operating system) Microsoft Windows - Microsoft's proprietary window system and user interface software released in 1985 to run on top of MS-DOS. Widely criticised for being too slow (hence "Windoze", "Microsloth Windows") on the machines available then. NT. Computron Software, Inc. is one of the pioneers in the development and integration of high-impact business process reengineering See reengineering. , workflow, and COOL technologies into client/server packaged software See software package. applications. These technologies add value by automating business processes and expanding the role of financial software from its roots in accounting to encompass literally every person and department enterprise-wide, bringing together all forms and types of information, and automating their movement throughout the organization. Computron currently markets its products and services worldwide through a direct sales force and indirect channels. Computron has 18 different offices and distributors in 14 countries in North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. , Europe, Asia and Africa. This press release contains forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. . Such statements are only predictions and actual events or results may differ materially. All forward-looking statements involve risks and uncertainties, including, without limitation, the risks detailed in the Company's documents and reports filed from time to time with the Securities and Exchange Commission. Computron Financial, Computron Workflow, and Computron COOL are trademarks of Computron Software, Inc. All other companies and product names are trademarks or registered trademarks of their respective companies. CONTACT: Alex Plavocos Rich Yonker, Chief Financial Officer Computron Software, Inc. Computron Software, Inc. 201-935-3400 201-935-3400 aplavocos@ctronsoft.com ryonker@ctronsoft.com -or- Howard Solomon/Tony Telloni Ruder Finn Ruder Finn is an United States public relations firm founded in 1948 by David Finn and William Ruder. Ruder Finn is a privately held, family-owned company that employs more than 450 people. , Inc. 212-593-6400 |
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