News

Solarsoft Business Systems Wins IBM Beacon Award

iVP Solution Delivers Innovative Value to Mid Market Companies

RICHMOND HILL, Ontario – April, 2008 – Solarsoft Business Systems has been named winner of the IBM Beacon Award for “Excellence in the Mid-Market”. IBM presents these awards as a way of honoring a very select few of their Business Partners for ingenuity, innovation, customer satisfaction and outstanding achievements in providing business solutions.

Solarsoft’s iVP solution, built on IBM’s Express Advantage offering, helps small and medium-sized manufacturing companies keep pace with rapidly evolving business requirements by improving resource utilization and optimizing processes to keep costs low and customer service quality high. iVP delivers increased inventory accuracy, improved shipping accuracy, improved customer service, enhanced enterprise-wide control as well as enhanced accessibility and system reliability.

Automotive supplier implemented full system in 90 days

Shanghai, April 15, 2008 – F-tech, the global automotive component maker, has implemented Solarsoft’s iVP software to manage operations at its plant in Wuhan, China. The new enterprise resource planning (ERP) system will control all aspects of the company’s operations from financial management, sales and purchasing to supply chain, production scheduling and inventory management.

Noguchi-san, Administration, Purchase & IT Manager at F-tech Wuhan says, “We selected iVP because it is well matched to the needs of automotive suppliers. We wanted a system that could be installed quickly without the delays and costly of modifications that many ERP systems need. Solarsoft promised us a rapid implementation and they kept their word: the system went live 90 days after we signed the order.”

Acquisition will strengthen ERP vendor’s position in key vertical markets

London, March 6, 2008 – Solarsoft Business Systems announced today that the board of Chelford Group plc (“Chelford”) has agreed to recommend an offer by Solarsoft Acquisition Limited ("Solarsoft") to acquire Chelford.

London, April 4, 2008 – Update - Solarsoft Business Systems announced today that the Recommended Cash Offer for Chelford Group Plc by Solarsoft Acquisition Limited has been declared unconditional in all respects. (See RNS Number:7032R Solarsoft Acquisition Limited 04 April 2008 for regulatory announcement).

Chelford, a company admitted to trading on AIM (a market operated by the London Stock Exchange), provides specialist solutions in the areas of supply chain management, ERP, manufacturing, warehousing and distribution, asset tracking and financials. Since admission to AIM in 2000, Chelford has become a leading provider of enterprise solutions based upon its own intellectual property SAP, Microsoft and CODA software products.

March 3rd, 2008 - Announcing new Solarsoft Dashboard technology that provides managers with accurate information in a clear and visual layout about their business’ performance trends and gaps. Solarsoft Dashboards fully integrate with Solarsoft’s core ERP systems and provide easy access to business-critical information which is normally buried under day-to-day detail.

- New technology platform will help electronics distributor to operate more efficiently and improve customer service -

Electronic component distributor, Campbell Collins Limited, has implemented Solarsoft Business Systems’ next-generation ERP system, in order to streamline and unify business processes and further improve efficiency across the organization.

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