CINCINNATI--(BUSINESS WIRE)--March 20, 2001--MYCOM Group, Inc. (OTCBB:MYCO) announced today that it has been retained to build a key software component of a new supply-chain management solution. MYCOM Group CEO George Young said MYCOM's E-Business Consulting Group is designing the application to monitor inventories, bills of lading, and receipts of packaging materials on behalf of warehousing and distribution companies supporting the processed food industry. MYCOM Group also will provide training and marketing support services for end-users of the system on behalf of its client. The system is expected to improve flexibility, ease of use and reliability compared with existing systems. It is based on a unique business model -- the third-party warehouse services providers developed the system on behalf of their manufacturer clients, instead of the other way around. "This project is a major opportunity for MYCOM Group to expand into a new industry, and an opportunity to demonstrate our ability to provide advanced web and database technology solutions quickly and efficiently," MYCOM Group CEO George Young said. "We look forward to providing additional support to this important venture. It has significant potential to generate real benefits from lower inventory investment, reduced distribution costs, greater supply reliability and more efficient use of warehouse facilities." MYCOM Group, Inc. estimates that the initial phase of the project will take a few more weeks to complete, using three analysts and developers to roll it out to facilities that support three manufacturing sites. In the next phase, the system could be used to support as many as 16 locations. MYCOM Group and its client also will pursue opportunities to use the system to support manufacturers in other industries.
About MYCOM Group
MYCOM Group provides a complementary mix of technology, training and communications services for large businesses and organizations with an emphasis on solutions that are Understood, Valued and Acted Upon(TM). MYCOM was formed in 1991 to provide technical marketing and documentation services. It has added capabilities in applications development, web-enabled applications, database applications, online and classroom instructional design and training, and other services that enhance the benefits of technology investments across the enterprise. MYCOM Group is on the web at www.mycom.com
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CONTACT: MYCOM Group, Inc. Wayne Buckhout, 513/352-5560 ext. 190 wbuckhout@mycom.com
KEYWORD: OHIO INDUSTRY KEYWORD: COMPUTERS/ELECTRONICS INTERNET TELECOMMUNICATIONS SOFTWARE HARDWARE E-COMMERCE
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