ADSN - might start doing some moving..
NEWS: Apr 28/99 (Applies to: ADSN ASI GE)
Advanced Systems International Announces Five New Customers: Records Strong Revenue Growth
SOUTHFIELD, MICH. (April 28) BUSINESS WIRE -April 28, 1999--Advanced Systems International, Inc. (ASI) announced that the company has recently signed five new time and attendance customers. Total revenue for the sales is $1,280,643. Two of the new clients, one in Canada (Camco Inc.) and one in the United States (Blandin Paper), are in new vertical markets for the company.
Camco Inc., a subsidiary of General Electric, is the largest Canadian manufacturer, marketer and services provider of home appliances, with manufacturing operations in Hamilton, Ontario and Montreal, Quebec. The company also has a national Customer Service Centre in Moncton, New Brunswick. Camco's product line includes such popular names as GE, Hotpoint, Moffat and McClary. Camco also produces and services private brands for major Canadian department stores.
Al Holden, Manager Information Technology at Camco stated, "Camco selected ASI as its partner of choice because of the data gathering versatility of their time and attendance solution ATServer(r). Furthermore, the application meets our diverse functional needs, is clearly in line with our strategic information technology direction, and provides a fully bilingual product to meet our Montreal plant needs, all within a tight implementation time frame."
Blandin Paper Company is one of the largest magazine paper manufacturers in North America. Based in Grand Rapids, MN, Blandin Paper has 900 employees and is a subsidiary of UPM - Kymmene of Finland.
Lori Gill, Project Manager for Blandin Paper stated, "ASI was chosen for its ability to support complex scheduling requirements and business rules. The system will allow for automated crew scheduling, electronic entry of time cards (currently a manual process), increased accuracy of payroll, and provide a framework for employee and manager access to information."
Gerry Pesut, President and CEO of ASI stated, "With these new orders we are continuing to execute our business plan of significant growth. ASI now has a customer list of over 20 major companies. Our expanding customer base in different vertical markets is a testament to the adaptability of our offerings."
Advanced Systems International is a leading supplier of time and attendance and labor allocation applications, as well as data distribution and access (DDA) solutions for the Enterprise Resource Planning (ERP) environment. ASI's cost effective, comprehensive product offering includes the application software, hardware, implementation services and on-going support necessary for rapid deployment of enterprise-wide distributed processing. Key markets include automotive, automotive supply, packaged goods, pharmaceuticals, food processing and other manufacturing industries. Any statements contained in this release that relate to future plans, events or performance are forward-looking statements that involve risks and uncertainties, including but not limited to, risks of product non-approval or product development and market acceptance risks, the impact of competitive products and pricing, the results of current and future licensing and other collaborative relationships, the results of financing efforts, developments regarding intellectual property rights and litigation, and other risks identified in the Company's informational documents provided to brokers pursuant to SEC Rule 15c2-11. Actual results, events or performance may differ materially. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. The Company undertakes no obligation to release publicly the results of any revisions to these forward-looking statements that may be made to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.
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CONTACT: Advanced Systems International (Investor Relations)
Quentin Mai Telephone: (248) 263-0000
Toll Free: (888) 399-7000 www.advsysintl.com
qmai@advsysintl.com |