TRIAD TO PROVIDE ELECTRONIC CATALOG DATA TO SEARS
TRIAD TO PROVIDE ELECTRONIC CATALOG DATA TO SEARS LIVERMORE, Calif., May 14 /PRNewswire/ -- Triad Systems Corp.
(NASDAQ: TRSC) today announced an agreement to provide Sears, Roebuck & Co. (NYSE: S) with a custom version of its Electronic Catalog database of automotive parts for use by Sears' TeleCatalog centers. Sears has 10 TeleCatalog centers nationwide, providing customers with catalog ordering capability through a toll-free telephone network.
Under the agreement, for which terms were not disclosed Triad will combine selected portions of its database of 1.8 million automotive parts with accessory items included in Sears' catalog. Triad will also assist Sears' personnel in integrating the database into the Sears order-entry system while providing annual support and maintenance. "This is another indication of growing market awareness of the scope and capabilities of our proprietary database," said Triad President and Chief Executive Officer James R. Porter. "It also underscores our ability to provide our data in whatever form a customer desires to meet unique applications requirements." Triad's Electronic Catalog products serve more than 21,000 automotive jobber and retail counter positions with parts used in more than nine million repair applications. Triad provides the data in a variety of formats, including tape and CD-ROM, that are updated monthly. Recurring revenues from Triad's Information Services operations have grown at an annual rate of 31 percent since 1987. "All segments of the automotive aftermarket are seeking means of improving productivity and profitability due to ongoing competitive pressures," Porter noted. "Our Electronic Catalog and its derivative products have a positive impact on our customers' daily operations, improving productivity and the accuracy of their parts identification efforts and increasing sales of related items." Winner of the 1991 Information Technology Association of America Total Quality Award, Triad is the leading provider of business and information management solutions for the automotive aftermarket and retail hardgoods industry. Utilizing Triad's proprietary databases, the Information Services organization is the company's fastest growing unit. Triad's turnkey computer systems are supported by a nationwide customer services operation and financing. -0- 5/14/92 /CONTACT: Tim Mehren of Triad Systems, 510-449-0606/ (TRSC S) CO: Triad Systems Corp. ST: California IN: CPR AUT SU:
MM-MC -- SF001 -- 0028 05/14/92 08:30 EDT
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|Date:||May 14, 1992|
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