NEWS !!
LIVINGSTON, NJ, Sep 23, 2008 (MARKET WIRE via COMTEX) -- Trey Resources, Inc.
(OTCBB: TYRIA) announced today that its wholly owned subsidiary, SWK
Technologies, the premier total solutions provider specializing in business
software, has signed a partnership agreement with leading SaaS EDI provider, SPS
Commerce, of Minneapolis, Minnesota.
Under the terms of the agreement, SWK's proprietary MAPADOC software will be an
EDI integration solution available to all existing and prospective SPS Commerce
end-users who use Sage Software's MAS 90/200/500 software for their financial
accounting function. SPS Commerce currently has several hundred such clients.
SPS Commerce is the recognized Software-as-a-Service ("SaaS") leader in EDI
services and B2B integration with 37,000 customers, pre-built integrations
spanning 2,900 unique fulfillment workflows across 1,300 retailers, grocers and
distributors, a customer satisfaction rate of 93%, and the most comprehensive
SaaS product suite available.
"We are pleased to enter into this partnership with SWK Technologies," stated
David Novak, Executive Vice President of Business Development at SPS Commerce.
"MAPADOC is a high quality integration solution that we are pleased to make
available for our customers using MAS 90/200/500."
Gary T. Berman, VP of MAPADOC Sales and Services for SWK Technologies, stated,
"This partnership provides a built-in customer base to which we can aggressively
sell our proprietary MAPADOC EDI software and our software link to MAS
90/200/500. As a result, we expect to very rapidly increase the sales of our
software in a very short period of time."
About Trey Resources
Trey Resources is involved in the acquisition and build-out of technology and
software companies. The Company's growth strategy is to acquire firms in this
extensive and expanding, but highly fragmented segment, as it seeks to create
substantial value for shareholders. Since June 2004, Trey has acquired SWK
Technologies, Inc., Business Tech Solutions Group, Inc, and Wolen Katz
Associates. For more information, contact Trey Resources CEO Mark Meller at
(973) 758-9555 or by e-mail at mark.meller@swktech.com.
About SPS Commerce
SPS Commerce is the leader in Software-as-a-Service (SaaS) B2B integration,
connecting every partner in the supply chain. Retailers, manufacturers and 3PLs
have selected SPS Commerce as their outsourced provider to automate and
integrate their trading relationships. Using the SaaS model, SPS Commerce
dramatically lowers setup and on-going costs, along with the time and risks of
traditional EDI software by outsourcing the entire B2B communication process.
The company's offerings leverage its multi-tenant architecture, multi-party
sharing, comprehensive knowledge of thousands of retailer's business processes
and specifications and integration expertise with a variety of systems for
accounting (Great Plains, Quickbooks, MAS series), ERP (Oracle, NetSuite, SAP),
packing and shipping (Agile, InSite, Scancode), and WMS (HighJump, Infor,
Manhattan Associates). SPS Commerce is the recognized SaaS leader in B2B
integration with 37,000 customers, pre-built integrations spanning 2,900 unique
fulfillment workflows across 1,300 retailers, grocers and distributors, a
customer satisfaction rate of 93% and the most comprehensive SaaS product suite
available. SPS Commerce is headquartered in Minneapolis, Minnesota. For
additional information, please contact SPS Commerce at 866-245-8100 or visit
www.spscommerce.com.
This news release includes forward-looking statements within the meaning of
Section 27A of the Securities Act of 1933 and Section 21E of the Securities
Exchange Act of 1934, as amended, regarding among other things our plans,
strategies and prospects -- both business and financial. Although we believe
that our plans, intentions and expectations reflected in or suggested by these
forward-looking statements are reasonable, we cannot assure you that we will
achieve or realize these plans, intentions or expectations. Forward-looking
statements are inherently subject to risks, uncertainties and assumptions. Many
of the forward-looking statements contained in this news release may be
identified by the use of forward-looking words such as "believe," "expect,"
"anticipate," "should," "planned," "will," "may," "intend," "estimated," and
"potential," among others. Important factors that could cause actual results to
differ materially from the forward-looking statements we make in this news
release include market conditions and those set forth in reports or documents
that we file from time to time with the United States Securities and Exchange
Commission. All forward-looking statements attributable to Trey Resources, Inc.
or a person acting on its behalf are expressly qualified in their entirety by
this cautionary language.
Contact:
Trey Resources
Mark Meller
CEO
(973) 758-9555
Email Contact
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