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Wednesday June 3, 2:39 pm Eastern Time
Company Press Release
Celerity Solutions Licenses Warehouse Management Software to Image Entertainment, Inc.
WMS 4.0 system will help speed orders and shipments at Image's new 76,000 square foot Las Vegas distribution center
CONCORD, Mass.--(BUSINESS WIRE)--June 3, 1998-- Celerity Solutions, Inc. (NASDAQ:CLTY; CLTYW), a leading provider of supply chain software and warehouse management systems, announced today that its Somerset Solutions subsidiary will license the WMS 4.0 Warehouse Management System to Image Entertainment, Inc. Image Entertainment, one of North America's largest licensees and distributors of laserdisc and digital video disc (DVD) programming, will use WMS 4.0 at its new state-of-the-art distribution center in Las Vegas, Nevada. WMS 4.0 is intended to give Image Entertainment an enhanced ability to respond to customer needs, offering same-day shipments and 24 hour nationwide deliveries.
WMS 4.0 has been designed to accurately track entertainment software, including laserdisc, DVD, compact disc (CD), and videocassette, as it moves throughout the distribution center. The system's standard material handling interface will control Carousel and Pick to Light systems to increase inventory accuracy and optimize space management. WMS 4.0 will utilize radio frequency and bar-code technology tools to facilitate the movement of product within the facility. The system will support customer compliance processes including labeling, gift-wrap, and special packaging and handling to meet the high demands of Image Entertainment's retail customers. WMS 4.0 also is expected to efficiently process customer returns, which represents approximately 10 percent of Image Entertainment's volume of business.
''Image Entertainment's fully automated Las Vegas distribution center will cater to meeting customer service demands through quick response times, enhanced throughput, and accurate inventory control,'' commented David Borshell, Image Entertainment's Senior Vice President. ''Our enhanced WMS system capabilities will provide us with the competitive advantage to help maintain a leadership position in the distribution of entertainment software.''
''The integration of Somerset's WMS 4.0 software with a variety of leading edge automated material handling systems will give Image the ability to provide quality service for their customers while achieving significant operational efficiencies,'' said Mike Brewer, President of Somerset Solutions, Inc.
Image Entertainment, Inc. (NASDAQ/NMS:DISK - news) is one of the largest licensees and distributors of laserdisc and DVD programming in North America, with the most extensive library of laserdisc titles in the industry. The Company has exclusive DVD license and distribution agreements with a number of program suppliers. Additionally, Image has exclusive distribution agreements for multi-channel DTS-encoded software on laserdisc and audio compact disc. Some of Image's exclusive program suppliers include Disney's Buena Vista Home Video, Twentieth Century Fox Home Entertainment, Warner Home Video, MGM Home Entertainment, New Line Home Video, PolyGram Home Video, Orion Home Video, The Criterion Collection, Playboy Home Video, and Central Park Media.
Celerity Solutions, Inc., provides a unique offering of software products for the supply chain and warehouse management industries. Founded in 1982, Celerity has offices in Dedham, Massachusetts; Denver, Colorado; Irvine, California; and St. Petersburg, Russia. Somerset Solutions, Inc., headquartered in Irvine, California, includes such clients as Corporate Express, Interamerican Group (a division of Logix/US Freightways), Pleasant Company, and Wesley Jessen Visioncare. Additional information is available through the company's web sites: www.celeritysolutions.com and www.somersetwms.com.
For more information about Somerset products and services contact: Melisa Silverman, Somerset Solutions, Inc., 18301 Von Karman Ave., Irvine, CA 92612, phone 949.260.0600, fax 949.260.0610, email melisa.silverman@somersetwms.com.
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This press release may contain certain forward-looking statements, e.g. ''expect'', ''projected,'' within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those presently anticipated or projected. Celerity cautions readers not to place undue reliance on any forward looking statements, which speak only as to management's expectations on the date hereof. Celerity does not undertake - and specifically declines any obligation - to publicly release the result of any revision which may be made to any forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of anticipated or unanticipated events. |
