North American and European Retailers select Island Pacific Planning
FOR IMMEDIATE RELEASE Irvine, CA, August 13, 2009 -- Island Pacific Systems, Inc. (Island Pacific), a 100% owned subsidiary of 3Q Holdings Limited (ASX: TQH) announced today that it has recently signed license agreements for Island Pacific Planning, the cornerstone of Island Pacific’s Assortment Management solution, with a North American retailer with over 400 stores and a United Kingdom based retailer with over 100 stores. The Island Pacific Planning solution will support these retailers by offering greater detail on stock accuracy, availability and replenishment. Additionally, Island Pacific Planning will be used by these retailers to efficiently and accurately plan across all levels of their retail business including channel, location, product and time. “We firmly believe our solutions will help these retailers to achieve their growth objectives over the coming years,” said Mike Dotson, Vice President of Global Sales for Island Pacific. “We appreciate that retailers need to work harder than ever to succeed, and it is up to software providers like Island Pacific to support them during these difficult economic times.” Richard Gaetano, COO for Island Pacific Americas said, “This solution will allow them to refine their product assortments so that they can continue to provide the highest levels of customer service by having the right products at the right place at the right time.” These projects are expected to go live by Fall of 2009. Island Pacific continues to develop and deploy high value and innovative software solutions that enable retailers to manage the entire scope of their operations and to understand, create, manage and fulfill consumer demand. These operations include point-of-sale, customer relationship management, vendor relationship management, merchandising, demand forecasting, planning, replenishment, allocation, and event planning. About Island Pacific Island Pacific, a division of 3Q Holdings Limited (www.threeq.com.au) was founded in 1978. The company is headquartered in Irvine, California, and has offices in the United States, the United Kingdom, Australia and New Zealand. |
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