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Here is an another entry into the e-commerce field that looks to have a lot of potential. Lots of substance to this company and it looks like investors are starting to wake up as it has been moving up steadily. CompuSoft Canada Inc CUT Shares issued 4,000,000 1999-01-08 close $0.24 Tuesday Jan 12 1999 Mr. Ted Power reports CompuSoft Canada Inc. the developer of the TraceAbility document management system, specifically designed for the storage and quick retrieval of metals industry quality assurance documentation, launches TraceAbility V3.6. Previous versions of TraceAbility have been named the recommended standard for metals industry document management by ISO 9000 consulting firms in Canada and the United States. Now, with expanded features allowing users to pull documentation over the Internet and 24 hour a day access to documentation, TraceAbility V3.6 is a substantial upgrade for users and places TraceAbility far ahead of any other system. The company estimates the current market for TraceAbility V3.6 is in excess of $250,000,000 (U.S.). After extensive testing of the newest TraceAbility version by industry leaders such as Westlund Supply, Maloney Industries and Edmonton Tube Sales together with purchases of the software by companies such as R. J. Gallagher (of Houston), the Canadian division of Crane Supply (for offices across Canada), Pennsylvania Steel and Triad Metals (both of Pennsylvania) and Consolidated Systems (of South Carolina), company executive feels confident that CompuSoft has proven it has produced exactly the product that the industry has been looking for. Previous versions of TraceAbility are currently used by companies from Halifax to Vancouver in Canada and from Oregon to Pennsylvania in the USA. Ninety per cent of the value of a piece of metal is the documentation that proves what it is made of. To think that some of the largest metal distributors and fabricators in North America rely on TraceAbility to control its complete quality assurance documentation is a real feather in the cap of CompuSoft. With no competition for TraceAbility and aggressive distributors and customers across the continent the company is poised to dominate the market. TraceAbility V3.6 is now available to new and current customers. A self-running demonstration of TraceAbility V3.6 and letters of reference from satisfied customers are available on CompuSoft Canada's website at www.compusoftware.com. CompuSoft Canada Inc CUT Shares issued 11,750,001 1999-03-23 close $0.235 Wednesday Mar 24 1999 Mr. Ted Power reports CompuSoft Canada Inc. has just released a new e-commerce offering that enables users to access and retrieve quality assurance documents over the Internet, TraceAbility Online. Accelerating demand for the current version of TraceAbility pushed sales for the quarter ending Dec. 31, 1998 to in excess of 300 per cent over the prior quarter. Contracts and deposits received for installations confirm management beliefs that sales of the intranet/Internet framework will eclipse all previous records. Ninety per cent of the value of steel is the documentation that proves what it is made of. Quality assurance documentation has become mission critical in every segment of the metals industry. TraceAbility is the industry leader and product of choice for many of the largest metal distributors and fabricators in North America. With market leading modules of TraceAbility already released and operating in companies across the continent plus the company's rapidly evolving e-commerce strategy for document exchange, the company is poised to dominate the market. The market for TraceAbility, in North America alone, is estimated to be in excess of $1-billion. CUT Shares issued 11,750,001 1999-04-09 close $0.25 Monday Apr 12 1999 Mr. Ted Power reports Surging United States demand for TraceAbility Online, an Internet-based document search product, has necessitated the hiring of more sales and development personnel. Before year-end, existing staffing levels are expected to grow by more than 100 per cent to meet this demand. Using the Internet, TraceAbility Online allows companies with multiple locations plus their most valued customers to securely search and retrieve critical documents without the expense and administration required to operate a private wide area network. CompuSoft management estimates that the market for TraceAbility in the U.S. is in excess of $700-million (U.S.). Even more importantly, with minor modifications, TraceAbility Online has the ability to securely manage any large database through the facilities of the Internet. Recent sales of TraceAbility to major U.S. steel and industrial fastener companies from coast to coast prove conclusively that TraceAbility is meeting the corporate objective of becoming accepted as the industry standard for quality assurance compliance document management. | ||||||||||||||
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