Dave Brereton, executive chairman of Tecsys, said of the move: We are continuing our expansion in supply chain execution with the addition of this highly successful Canadian technology company broadening our warehouse management solutions (WMS) practice to include the AS400 family and positioning us as an early leader in Radio Frequency Identification Device (RFID) projects and mobile WMS solutions.
Greg MacNeill, Application Solutions (ASI) president and CEO, added that he hoped the utilization of Tecsys’ marketing and implementation resources would enable the company to achieve a higher level by further expanding their markets.
As part of the agreement, ASI will deploy Tecsys’ web-based applications to develop warehouse management system solutions for iSeries, which was implemented by ASI in 2002 to redesign its WMS software platform enabling both investment protection for its existing customers as well as winning new WMS opportunities.
The closing of this transaction is expected to occur in March of 2005, subject to due diligence, regulatory approval, and the completion of a definitive purchase agreement.
