MPSI Systems Commences Worldwide Rollout of Retail Explorer; Latin America Completed, Other Rollouts Well Underway
TULSA, Okla., Sept. 21 /PRNewswire/ -- Since August, MPSI Systems Inc. (Nasdaq: MPSI - news) has been delivering Retail Explorer(TM) 2.0, the latest version of its premier retail network planning tool, to clients in Central and South America and the Caribbean. Five markets in the region have been delivered; over 10 more are under construction or in the planning stages. This desktop/laptop decision support software intended for site selection, retail network rationalization and strategic planning first debuted in North America one year ago. Europe will be released in October, followed by Southeast Asia, Japan and North America later this year. Next spring, Africa will round out the releases.
Retail Explorer 2.0 offers the same mathematical power embedded in earlier versions supplemented by many enhancements that give the user more control. Among the improvements, the new report format gives the user the ability to incorporate maps and images in HTML format, easily communicated via the Internet. Data can be quickly sorted and exported via the Web, too. Overall, the improvements put more power, functionality, usability and ease in disseminating the results of tactics in the user's hands. Process reengineering enabled MPSI to drastically reduce costs, allowing the company to sell the product at a very competitive price.
Retail Explorer 2.0, a generic model, is designed for all types of retailers operating in a competitive environment. This tool is unique in its ability to successfully accomplish four tasks within one platform: inform, explain, predict and prescribe. MPSI uses Spatial Interaction Mathematics to model how consumers move through the marketplace, interacting with points of supply. On the leading edge, MPSI is among the first companies to employ adaptive-agent methods. These techniques simulate changes in consumer behavior as markets evolve, permitting users to test consumers' reactions to new retail concepts. Retail Explorer helps clients find order in a non- linear, complex world.
MPSI is a global provider of spatial decision support systems featuring proprietary software and databases, implementation consulting services and information services. Its products and services are designed to enhance knowledge and meet the business planning needs of its varied clients. Visit MPSI's Web site at www.mpsisys.com or call 800-727-6774 for the latest information. The company's common stock trades on The Nasdaq SmallCap Market tier of The Nasdaq Stock Market under the symbol MPSI.
Portions of this document may include ``forward-looking statements'' made pursuant to the safe harbor provisions of the Private Securities Litigation Act of 1995. Such statements involve certain risks and uncertainties that could cause actual results to differ materially from those in the forward- looking statements, including continued acceptance of MPSI's products in the marketplace, competitive factors, new product and technological changes and other risks related to customer purchases.
MPSI is a registered trademark and Retail Explorer is a trademark of MPSI Systems Inc.
SOURCE: MPSI Systems Inc. |
