| [August 26, 2004] |
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MARC Global, Premiere Adaptable Supply Chain Execution Solutions Provider, Receives New Round Of Financing
ATLANTA --(Business Wire)-- Aug. 26, 2004 -- Funded 100% by Existing Investors, Demonstrating Strong Confidence In The New Leadership And Vision Of The Company
MARC Global, the leading provider of adaptable supply chain execution (SCE) solutions for the world's most demanding companies, today announced the completion of its latest round of financing. The round was 100% funded by existing investors, demonstrating strong confidence in the Company's new leadership and its aggressive plan for continued growth.
"This financing further supports our ongoing product development, vision, and growth strategy focused on helping our customers optimize their unique networks of connections between supply and demand," said Oliver Cooper, CEO, MARC Global. "We continue to develop innovative and robust solutions that advance the science and management of complex and dynamic supply chain operations resulting in improved cash flow, service-driven revenue growth, and optimization of labor, space and inventory."
MARC is growing in great part due to the success of its recently released MARC Suite(TM). This powerful, new family of products has industry-leading transaction processing capabilities, architected specifically to handle RFID and other supply chain requirements. The new MARC Suite has already been successfully implemented in an increasing number of global customers. MARC Suite is unmatched in its adaptability, low total cost of ownership and scalability, while facilitating new capabilities such as the soon to be released MARC 3D - Decision Data on Demand. The MARC Suite is a comprehensive solution that includes: MARC WMS, MARC 3D, MARC RFID Customer Compliance Kit, MARC RFID Enterprise Edition, checkmark, MARC Workflow, MARC Value Added Services, MARC Labor Standards, MARC Global Trading, MARC Activity Based Billing, MARC Mechanization Control and MARC eXchange Manager.
"Customer's continue to be impressed by the MARC Global strategy of integrating and simplifying the critical components throughout the supply chain," said Bernie Brennan, director and senior advisor of the Board of Directors, MARC Global. "MARC's move toward one seamless management system, coupling demand with supply, demonstrates the Company's movement from a warehouse management system (WMS) to a comprehensive SCE system."
"Integration of emerging technologies, such as RFID with intelligent performance multidimensional analytics and reporting, allow us to support customers in a wide variety of industries in making their warehouse and supply chain operations more efficient and cost-effective. The completion of this funding ensures that we will continue to aggressively develop, acquire and implement the most adaptable and capable best-of breed suite of products in the industry. We remain focused on maximizing results with the least cost and without the need for any code modifications so rampant in this sector," added Cooper.
MARC Global is actively pursuing acquisition opportunities in order to continue to broaden its supply chain suite in areas such as transportation management systems and inventory deployment.
About MARC Global
MARC Global is recognized as one of the world's premier supply chain execution solutions companies with a long history of improving customer fulfillment, profitability and cash flow for the world's most demanding companies. We achieve measurable results by solving our customers' most sophisticated supply chain challenges with our MARC Suite solutions.
MARC Global solutions have been successfully implemented in hundreds of sites worldwide and in multiple languages. We have full-service offices in the U.S., Europe and Asia Pacific, all backed by implementation experts and a global support staff on call 24 x 7 that is ready to help you achieve operational excellence. For over a decade, our capabilities, depth of experience and distinguished partnerships have enabled us to deliver measurable results for successful clients of all sizes. For more information, visit our Web site at www.marcglobal.com.
MARC Suite is a trademark of MARC Global, Inc.
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