SoftCare Announces a Joint Agreement With Software Works to Provide an EDI/e-business Solution.VANCOUVER, BC--(BUSINESS WIRE)--Nov. 3, 1999-- SoftCare EC.com Inc.'s wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. SoftCare Electronic Commerce Inc. (VSE See DOS/VSE. VSE - Virtual Storage Extended :SCE SCE (in Scotland) Scottish Certificate of Education SCE n abbr (= Scottish Certificate of Education) → Schulabschlusszeugnis in Schottland ) ("SoftCare") www.softcare.com and Software Works, Inc. of Atlanta, ("SWI") www.softwareworks-inc.com, have entered into a binding exclusive business relationship to develop an EDI/e-business solution for Software Works customers and prospects. The initial market will target the Ross Systems, Renaissance CS 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. ) software installations requiring an integrated EDI/e-business solution. With the ERP market booming for many years opportunities are strong for an EDI/e-commerce solution. The established Ross Systems ERP installations that SWI can service have a combined revenue potential of over US $10 Million which is expected to be split somewhat equally between the parties. Strategic plans begin with the deployment and integration of SoftCare's Tradelink/OpenEC EDI (Electronic Data Interchange) The electronic communication of business transactions, such as orders, confirmations and invoices, between organizations. Third parties provide EDI services that enable organizations with different equipment to connect. capabilities into existing ERP markets and will be followed with the deployment of SoftCare's OpenEC(R) business-to-business e-commerce solution. Software Works' wealth of experience and focus in the Renaissance CS ERP market will facilitate the development, marketing and sales of this EDI/e-business solution. Software Works has existing "engagement" contracts to facilitate the implementation of their EDI/e-business solution. Steve Heimburger, President of Software Works, says, "Together we can create a powerful solution leveraging SoftCare's e-commerce product and experience to compliment our own ERP experience." Software Works intends to be a value-added Reseller (VAR) and will be responsible for the sales and implementation of SoftCare Tradelink and OpenEC systems for the Ross ERP market. SoftCare sees this strategic partnering with Software Works as key in reaching our revenue and market share goals in the Ross ERP Market. Martyn Armstrong, President & CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of SoftCare says, "Our goal is to bring a superior total solution to the Ross ERP user and quickly capture market share. SoftCare and Software Works combined products, services and vision will make this relationship a real winner." Software Works is a certified ROSS Systems consulting partner. Extensive experience in Renaissance CS enterprise system implementation and specialist technology expertise qualify Software Works, Inc. as a Solution Specialist Partner in the ROSS Consulting Alliance Solutions partner program. With offices in Atlanta and Greenville, SC, Software Works offer their strength and expertise in the RenCS implementation Gembase development market. SoftCare develops, markets and supports software that enables companies to do business over the Internet. Formed in 1989, SoftCare's vision is to become an industry leader in providing creative, practical and cost-effective Electronic Commerce (EC) and Electronic Data Interchange See EDI. (application, communications) electronic data interchange - (EDI) The exchange of standardised document forms between computer systems for business use. EDI is part of electronic commerce. (EDI) software solutions and services for the traditional retail supply chain as well as the emerging Internet and service providers. On Behalf of the Board of Directors Martyn A. Armstrong President and Chief Executive Officer The Vancouver Stock Exchange Vancouver Stock Exchange (VSE) A securities and options exchange in Vancouver, British Columbia, (Canada), specializing in venture capital companies. Vancouver Stock Exchange See Canadian Venture Exchange (CDNX). has not reviewed and does not accept responsibility for the accuracy or adequacy of the content of this news release. |
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