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Solarsoft to Target 'Point Solution' Vendors as Part of Drive to Provide SMEs With 'Best-of-Breed' Business Systems | November 9, 2007
TORONTO, Nov. 8 /CNW/ - Solarsoft Business Systems, (formerly CMS Software Inc. of Toronto) the North American specialist in Enterprise Resource Planning (ERP) systems for manufacturing, distribution and wholesale businesses, will extend its product range through further acquisitions over the next 6-12 months, building on its Open Services Architecture to offer customers fully integrated systems across front and back office operations. Solarsoft is targeting a range of 'point solution' vendors with turnover in the range of US$6-40 million. The acquisition plans form part of the newly re-branded company's strategy to provide SME manufacturing, distribution and wholesale businesses with 'best-of-breed' products and services, offering supply chain integration, e-commerce and process automation through a single source.
Shawn McMorran, CEO of Solarsoft, says, "There-brand of the company heralds a renewed emphasis on us actively seeking to acquire 'point solution' vendors that have innovative technology and are keen to expand their business by becoming part of our solutions portfolio. The benefit for the vendor is that we will support further product development as well as providing greater scale, resource and international reach. For customers, it means they can utilize the latest technologies to manage all of their front and back office processes through one integrated system."
Solarsoft's market position in North Americahas been built over 20 years of meeting customer needs for systems to manage finance, inventory and production in businesses ranging from food and fast moving consumer goods distributors to automotive and high-tech engineering firms. The company has grown organically since its formation in 1986. CMS acquired Mattec Corporation in 2006. Mattec systems are now distributed worldwide and available stand-alone or integrated with Solarsoft's enterprise resource planning systems.
McMorran continues, "The Internet revolution has transformed customer buying expectations and this shift in consumer behaviour and expectation is being felt throughout the supply chain. As a result, there is a growing demand from SME manufacturers for modern, open systems that will enable them to operate more efficiently, whilst improving customer service and maximizing profits."
Solarsoft has sales revenues of over US$50m and 300 employees serving 1,500 corporate customers from 12 offices spanning North America, Europe and Asia.
For more information, visit http://www.solarsoft.com
For further information: Daniel Eddy on +44-1932-578-800
© 2005 CNW Group Ltd, all rights reserved
Shawn McMorran, CEO of Solarsoft, says, "There-brand of the company heralds a renewed emphasis on us actively seeking to acquire 'point solution' vendors that have innovative technology and are keen to expand their business by becoming part of our solutions portfolio. The benefit for the vendor is that we will support further product development as well as providing greater scale, resource and international reach. For customers, it means they can utilize the latest technologies to manage all of their front and back office processes through one integrated system."
Solarsoft's market position in North Americahas been built over 20 years of meeting customer needs for systems to manage finance, inventory and production in businesses ranging from food and fast moving consumer goods distributors to automotive and high-tech engineering firms. The company has grown organically since its formation in 1986. CMS acquired Mattec Corporation in 2006. Mattec systems are now distributed worldwide and available stand-alone or integrated with Solarsoft's enterprise resource planning systems.
McMorran continues, "The Internet revolution has transformed customer buying expectations and this shift in consumer behaviour and expectation is being felt throughout the supply chain. As a result, there is a growing demand from SME manufacturers for modern, open systems that will enable them to operate more efficiently, whilst improving customer service and maximizing profits."
Solarsoft has sales revenues of over US$50m and 300 employees serving 1,500 corporate customers from 12 offices spanning North America, Europe and Asia.
For more information, visit http://www.solarsoft.com
For further information: Daniel Eddy on +44-1932-578-800
© 2005 CNW Group Ltd, all rights reserved
