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September 4, 2003
HAGEMEYER NORTH AMERICA CHOOSES FULLTILT'S I-ACCEL VERSION 3.0 TO MANAGE THEIR PRODUCT INFORMATION
Hagemeyer Looks to Increase Sales and Decrease Costs with Effective Product Information Management; Sees I-Accel as a Competitive Differentiator
KING OF PRUSSIA, PA - FullTilt Solutions Inc., the leading provider of Collaborative Product Information Management (CPIM) software and a premier custom software development and integration services firm, announced today that Hagemeyer North America, Inc, a wholly owned subsidiary of Netherlands-based Hagemeyer NV, has selected FullTilt's I-Accel version 3.0 software to manage the company's product information.
I-Accel is a proven enterprise-wide product information management solution and its flexibility allows it to be used by manufacturers, distributors, retailers and exchanges across multiple industries. Hagemeyer NA has purchased the most recent release of I-Accel, which offers enhanced features that focus on 24X7 lights-out automation; enhanced integration capabilities; and increased functionality for creating content that is tailored to specific audiences.
"The market for Product Information Management applications is growing, driven by demonstrated successes in enabling companies to achieve increased revenues, decreased expenses, higher levels of customer satisfaction, and improved collaboration with trading partners," said Andrew White, research director, Gartner Inc.
"The ROI inherent in effective Product Information Management has become apparent to Hagemeyer and other forward-thinking companies looking to grow sales, reduce costs and enhance customer service by improving their product information management." said Justin Litz, Data Management Manager, Hagemeyer North America. "I-Accel will serve as the repository and integration hub for the large volume of products that Hagemeyer distributes and will help us more efficiently and effectively manage the cleansing and attribution of our product data."
"I-Accel delivers competitive business value and a high return on investment to our customers." said Bob Moyer, president of FullTilt. High profile business case analysis is publicly available that shows that effective Product Information Management helps companies increase revenue and decrease costs by reducing invoicing and purchase order errors, reducing invoice deductions, reducing returns, reducing days sales outstanding, freeing up sales professionals' time, decreasing the time required to introduce new items and by just making it easier for customers to do business with them.
"FullTilt is proud to be working with this international leader as they continue to develop product information management as one of their core competences key to providing value to their customers," said Moyer.
About Hagemeyer NA
Hagemeyer North America, Inc. (www.hagemeyerna.com) is a distributor of products and services focusing on business-to-business markets in electrical materials, safety products, and industrial products and services throughout North America and is a wholly owned subsidiary of Hagemeyer N.V. (www.hagemeyer.com). Headquartered in the Netherlands, Hagemeyer N.V. is a value-added global distributor of products and services focusing on business-to-business markets in electrical materials, safety products, and industrial products and services.
About FullTilt Solutions
Founded in 1987, FullTilt Solutions, Inc. is the leading provider of customer focused Collaborative Product Information Management (CPIM) software and services. FullTilt's I-Accel is a web-based, enterprise-wide Collaborative Product Information Management (CPIM) solution that enables companies to easily aggregate, analyze, share, manage and optimize quality product data and maximize productivity. Suppliers, retailers, distributors, and exchanges in the global consumer packaged goods, retail, MRO, and medical/surgical industries have chosen FullTilt Solutions, Inc. to solve today's business challenges by helping clients increase speed to market, grow sales, cut costs, and improve their competitive positions. Leading Fortune 500 and Global 2000 companies utilize FullTilt Solutions, Inc. to solve their mission critical Business and IT needs. FullTilt is headquartered just outside of Philadelphia with offices in New York and Pittsburgh, and is backed by leading venture capital firms including Grotech Capital, Mellon Ventures and William E. Simon and Sons. For more information on FullTilt's services and products, please visit www.fulltiltsolutions.com.
I-Accel is a registered trademark of FullTilt Solutions, Inc. All other company and product names are trademarks or registered trademarks of their respective owners.
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