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Technology Stocks : ROSS SYSTEMS a turnaround?

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To: Jim Malone who started this subject1/30/2001 12:32:06 AM
From: bob zagorin  Read Replies (1) of 3067
 
Ross Systems' Newest Partner Secures First Contract With Large French Supermarket Chain

ATLANTA, Jan. 29 /PRNewswire/ -- Ross Systems, Inc. (Nasdaq: ROSS), a leading provider of enterprise management software and e-business solutions for the mid-market process industries, announced today that Euriware, Ross' newest distributor and a leading Systems Integrator in France, has signed its first new deal. The contract is with Intermarche, the second largest supermarket chain in France and allows for Intermarche to use Ross' iRenaissance ERP suite across its many locations in France. One hundred seventy concurrent users were licensed in this first phase of the contract.

Intermarche is one of Europe's leading retailers of food, and their outlets are highly visible throughout France. Additionally, they produce many of there own products and distribute them across Europe.

CEO, J. Patrick (Pat) Tinley of Ross Systems said, "This validates our move to indirect operations in France and our selection of Euriware as our partner. We look forward to more deals closing throughout this quarter."

"The iRenaissance ERP system offers, without doubt, the best global solution for Process Manufacturers and is an exceptionally good fit for food companies," said Ross Systems' President, Rod Jones. "Our products, combined with the domain expertise from Euriware, represents a very powerful combination for the French speaking marketplace."

About Euriware

Euriware is Ross' largest partner in the French marketplace, employing some 1500 people. They have offices throughout France. They specialize in large-scale systems integration projects in manufacturing, finance, public sector and local government and are part of COGEMA, a global corporation with offices all over the world.

About Ross Systems

Ross Systems Inc. is a leading supplier of enterprise resource planning (ERP) and management software and e-business solutions for process manufacturing industries including food, beverage, chemical, pharmaceutical, paper and metals. The Ross Systems family of solutions includes the award- winning iRenaissance, a broad range of Internet-enabled enterprise resource planning and management applications for financials, manufacturing, advanced planning, supply-chain management, maintenance management, transportation management, materials management and human resources/payroll. Ross Systems' Resynt e-business product family includes digital marketplace applications spanning procurement, sales, Internet trading exchange connectivity, collaboration and employee productivity. More than 3,400 companies around the world use Ross Systems solutions in open systems environments including NT and UNIX. Ross Systems has more than 60 offices around the world to serve its customers. Ross Systems Inc., Two Concourse Parkway, Suite 800, Atlanta, Ga. 30328, 770-351-9600, 1-877-ROSS-INC rossinc.com .

STATEMENTS IN THIS ANNOUNCEMENT WHICH EXPRESS THAT THE COMPANY "BELIEVES", "ANTICIPATES", "EXPECTS", "PLANS TO..." OR "SHOULD BEGIN TO..." AS WELL AS OTHER STATEMENTS WHICH ARE NOT HISTORICAL FACT, ARE FORWARD LOOKING STATEMENTS WITHIN THE MEANING OF THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995. ACTUAL EVENTS OR RESULTS MAY DIFFER MATERIALLY AS A RESULT OF RISKS AND UNCERTAINTIES, INCLUDING QUARTERLY FLUCTUATION OF SOFTWARE PRODUCT LICENSE REVENUE, WEAKENING OF CUSTOMER DEMAND FOR ENTERPRISE SYSTEMS, THE COMPANY'S MAINTENANCE OF A MINIMAL BACKLOG, THE UNCERTAINTY OF DEMAND FOR NEW PRODUCT OFFERINGS AND OTHER RISKS AND UNCERTAINTIES DESCRIBED IN REPORTS FILED BY THE COMPANY WITH THE SEC, INCLUDING THE ANNUAL REPORT ON FORM 10-K FILED FOR THE YEAR ENDED JUNE 30, 2000 AND THE QUARTERLY REPORT ON FORM 10-Q FOR THE QUARTER ENDED DECEMBER 31, 2000.

Resynt and "The business of e-Commerce" are trademarks of Ross systems, Inc. Renaissance and GEMBASE are registered trademarks of Ross Systems, Inc. Throughout this release, software and hardware products are mentioned by name. In most, if not all, cases, these product names are claimed as trademarks by the companies that manufacture the products. It is not our intention to claim these names or trademarks as our own.

SOURCE Ross Systems, Inc.

CO: Ross Systems, Inc.; Euriware; Intermarche

ST: Georgia, France

IN: CPR MLM

SU: CON

01/29/2001 16:33 EST prnewswire.com
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