Epic Data Announces Impressive 1st Quarter SAP System Contracts Totaling $8,180,900.RICHMOND, British Columbia--(BUSINESS WIRE)--Nov. 19, 1997--EPIC DATA (TSE See Tokyo Stock Exchange. TSE 1. See Tokyo Stock Exchange (TSE). 2. See Toronto Stock Exchange (TSE). :EKD.) Epic Data International Inc. today announced that the company has booked SAPR system contracts for the first quarter of fiscal 1998 totaling $8,180,900. Mr. John C. Anderson, President and C.E.O. of Epic Data stated that he is encouraged with the strong start to fiscal year 1998 and will continue to search worldwide for new agreements to ensure the company achieves its aggressive 1998 growth targets. Included in the first quarter bookings are three new SP3 SAPR installation agreements, one with Digital Equipment (U.K.) for $2,242,000 in goods and service, one with Oakley Inc. of Foothills Ranch, California for $303,600 in goods and service and one with Joy Mining (U.K.) for $132,800 in goods and service. Also, as part of its first quarter bookings the company is extremely pleased to report it has secured a $4,757,600 five year EPICare service agreement with Sonoco Products Company of Hartsville, South Carolina Hartsville is a city in Darlington County, South Carolina, the Florence Metropolitan Statistical Area. Demographics As of the censusGR2 . This new service contract with Sonoco Products is in addition to a previously announced $7,200,000 agreement for goods and services In economics, economic output is divided into physical goods and intangible services. Consumption of goods and services is assumed to produce utility (unless the "good" is a "bad"). It is often used when referring to a Goods and Services Tax. . The company also reported that it has received additional SAPR system contracts from Rubbermaid Corporation of Wooster, Ohio for a $505,500 equipment add-on contract and from Lucent Technologies Inc. of Parsippany, New Jersey for a $238,600 software add-on contract. With the addition of these first quarter bookings, the Company's current revenue backlog now stands at $38 million, this total is expected to increase as further contracts are confirmed. Epic Data designs and implements automated data collection (ADC (1) See A/D converter. (2) (Apple Display Connector) A peripheral connector from Apple that combines digital video display, USB and power in one cable. ) systems on an enterprise-wide basis to improve operational productivity, data accuracy and data integrity. Through its strategic alliances with SAP AG and the Baan Company, Epic's data collection systems offer a complete and ready-to-use solution for Enterprise Resource Planning See ERP. (application, business) Enterprise Resource Planning - (ERP) Any software system designed to support and automate the business processes of medium and large businesses. (ERP (Enterprise Resource Planning) An integrated information system that serves all departments within an enterprise. Evolving out of the manufacturing industry, ERP implies the use of packaged software rather than proprietary software written by or for one customer. ) application environments. Headquartered in Richmond, B.C., Epic Data has operations and a network of representatives in the United States, Canada, the United Kingdom and continental Europe. Epic Data is publicly traded on the Toronto Stock Exchange Toronto Stock Exchange (TSE) Canada's largest stock exchange, trading approximately 1,200 company stocks and 33 options. . CONTACT: Epic Data International Inc. John C. Anderson, 604/273-9146 604/273-1830 (fax) http://www.epicdata.com (Web site) |
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