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Technology Stocks : ROSS SYSTEMS a turnaround?

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To: bob zagorin who wrote (2809)7/1/1999 9:57:00 AM
From: bob zagorin  Read Replies (1) of 3067
 
Ross Systems Announces Nine New Agreements

ATLANTA, July 1 /PRNewswire/ -- Ross Systems, Inc. (Nasdaq: ROSS), a leading supplier of enterprise systems, announced today several new agreements in the food & beverage sector. Deluca Pasta, Inc., a subsidiary of Perdue Farms, Inc., licensed Ross' Renaissance CS(R) Enterprise Resource Planning and Supply Chain Management System. Deluca Pasta is located in Middleburg, Connecticut and produces various fresh pasta products. Today, Ross has more than 150 customers in the food & beverage market.

In addition, Ross announced new agreements with Canadian pharmaceutical manufacturer, Novopharm, Ltd. and Canadian building products manufacturer, EMCO Ltd. The company also stated that it had received a major agreement in the forest products industry but did not disclose the name of the customer.

In the healthcare sector, Mount Sinai Hospital in Toronto and Sheppard Pratt Health Systems in Maryland licensed new facilities of Renaissance CS. Ross Systems has over 300 healthcare customers for its financial and human resource applications.

In the public sector, Ross announced new agreements with the Columbia County Advocacy and Resource Centers, the Pedernales Electric Cooperative, Inc. and the Applied Energy Services Group. COARC provides a vast array of services to benefit people with disabilities. They are located in Columbia County, New York. The Pedernales Electric Cooperative is a private electric utility serving more than 124,000 members in a 4,000 square-mile region in Texas. The AES Group is a utility providing electrical services in Deepwater, Texas.

In addition, the TimePlex Group in Woodcliff Lake, New Jersey expanded its license with Ross Systems for Ross' Renaissance CS Human Resource System. The TimePlex Group designs, implements and manages integrated voice and data networking solutions for service providers, enterprises and governments worldwide.

Ross Systems, Inc. is a leading provider of enterprise software solutions for the process manufacturing, healthcare, and public sector markets. Ross Systems solutions are differentiated by their strong fit to specific industries, their strong product functionality and integration, and the firm's ability to produce rapid results and ROI for its mid-market clients. The flagship product, Renaissance CS(R), comprises a broad range of applications including financials, manufacturing, supply chain management, maintenance management, transportation management, materials management, and human resources/payroll. More than 3200 companies around the world use Renaissance CS in open systems environments including NT and UNIX. Ross Systems employs over 650 professionals in more than 60 offices around the world to serve its customers. Ross Systems, Inc., Two Concourse Parkway, Suite 800, Atlanta, Georgia 30328, 770-351-9600, 1-877-ROSS-INC, www.rossinc.com .

Renaissance CS is a registered trademark and GEMBASE is a trademark of Ross Systems, Inc. Microsoft, Microsoft Windows NT, Windows, and Windows NT are either registered trademarks of Microsoft Corp. in the United States and/or other countries. Solaris is a trademark of Sun Microsystems, Inc. All other trademarks are the property of their respective holders.

SOURCE Ross Systems, Inc.

CO: Ross Systems, Inc.; Deluca Pasta, Inc.; Perdue Farms, Inc.; Novopharm, Ltd.; EMCO Ltd.; Mount Sinai Hospital; Sheppard Pratt Health Systems; Columbia County Advocacy and Resource Centers; Pedernales Electric Cooperative, Inc.; Applied Energy Services Group; TimePlex Group

ST: Connecticut, Georgia, Maryland, New York, New Jersey

IN: CPR FOD MTC HEA UTI

SU: LIC

07/01/99 09:02 EDT prnewswire.com
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