Retailport.com, Inc. Successfully Introduces ActiveRMS at Retail Systems 2000 Show in Chicago
WIXOM, Mich.--(BUSINESS WIRE)--May 4, 2000--Retailport.com, Inc., a wholly owned subsidiary of Treasury International Inc. (OTC BB: TREY), attracted much interest at the Retail Systems 2000 Show at the McCormick Center in Chicago.
Retail Systems 2000 is America's leading retail technology show with more than 50 end-user conference sessions, more than 350 exhibits, and 20 specialized TechTours. Retailport.com's objective at Retail Systems 2000 was to expose ActiveRMS to both End-User prospects as well as potential Resellers (VARs) and Application Service Provider (ASP) partners. Visit the website at retailport.com .
ActiveRMS, an Internet-based retail management system, was unique at the show because of its deployment via the Internet as an ASP solution. "Today in the Retail market there are not a lot of options for hosted ASP solutions for POS and Enterprise Management."
Lorne Shantz, VP of Business Development at Retailport.com, Inc. commented on the reception to ActiveRMS at the show. "Our product offering was met with a great deal of customer and industry acceptance, giving us encouragement and affirmation that ActiveRMS does have a very real position in the retail systems market. We made a number of contacts at both the end-user and reseller level with companies we deem to be an excellent fit with our 'go to market' strategies. We also met some potential partners who bring additional feature sets that we can integrate with ActiveRMS as well as those who see the technology we have developed as the way to leverage the Internet in the Retail market."
ActiveRMS utilizes Microsoft tools, including MS SQL, MS NT and ASP, to deliver high performance in a real-time environment, addressing the requirements of Point-of-Sale, inventory management, customer management, ordering, receiving and transfers, promotions and special pricing as well as integrated e-commerce. ActiveRMS is deployed and hosted by a 3rd party ASP minimizing infrastructure costs for the retailer and delivering critical management information anytime, anywhere through the Internet.
The application service provider (ASP) market is expected to sizzle in the next few years. According to the information technology research firm IDC, companies spent $23 million in 1998 to have a third party host their applications. IDC predicts that that number will jump to $2 billion by 2003 with entire IS outsourcing topping $151 billion driven largely by small and medium-sized companies.
Certain information in this news release is forward-looking, relating to matters that may be affected by risks and uncertainties in the Company's business. These forward-looking statements are qualified in their entirety by the cautionary statements continued in the Company's Securities and Exchange Commission filings.
For more information about ActiveRMS, send email to sales@retailport.com .
CONTACT: Treasury International, Inc.
Dale Doner, 360/895-0937, 360/895-1303
Marlin Doner, 519/579-9500 x222, 519/579-4299 fax |
