Retailers Gain Better Control of Global Sourcing Operations with Eqos 4.2

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Tue Jul 22, 2008 8:57am EDT

- Eqos 4.2 Enhancements Enable Retailers to Make More Informed
     Decisions across Sourcing Operations and Supplier Networks -
BURLINGTON, Mass. & LEATHERHEAD, England--(Business Wire)--
Eqos, a leading provider of on-demand PLM, global sourcing and
supplier management solutions for the retail supply chain, today
announced the immediate commercial availability of Eqos 4.2. Currently
in use by customers, Eqos 4.2 delivers actionable information via
dashboards, adds rigor to product testing procedures and further
streamlines sourcing and order management processes.

   Eqos 4.2 delivers significant enhancements to retailers, agents,
brokers and manufacturers that are looking to decrease the lead times
of private label and other imported goods by improving visibility and
collaboration with agents, factories and distributors. New
functionality also offers improvements in the area of quality and
compliance, providing retailers with more rigorous product testing
procedures and better control over supply network performance.

   Enhanced functionality includes the following:

   --  Eqos dashboards deliver actionable information via visual
        consolidation of sourcing and supplier data on role-based
        dashboards accessible via the web. User-configurable
        dashboards provide decision makers with the ability to
        summarize and analyze current sourcing activities, integrate
        supplier performance into key decision making processes and
        take action on high priority items.

   --  Product testing enhancements enable retailers to adopt more
        comprehensive procedures and proactively manage quality
        throughout standardized testing processes. It also decreases
        the costs and risks associated with product recalls and
        corrective actions by more readily detecting defects earlier
        in the sampling and sourcing processes.

   --  Sets and Kits capabilities have been enhanced to better
        streamline and consolidate processes for groups of products to
        be merchandised and sold as a set. By minimizing duplication
        of efforts across the design and sourcing processes, retailers
        are better able to negotiate with suppliers at both a set and
        product level.

   --  Order Management improvements include streamlining the
        management of continuity lines, allowing buyers to more
        efficiently create or modify new designs based on existing
        styles and better negotiate with existing and new suppliers.

   "This latest product release further consolidates Eqos' position
as a market leader in providing best-of-breed sourcing and supplier
management solutions," said Jane Biddle, chief marketing officer and
vice president U.S. operations. "Eqos continues to demonstrate our
commitment to developing quality solutions that enable retailers to
effectively compete and expand globally even in today's challenging
economic environment."

   Eqos 4.2 product demonstrations are currently available. For more
information, please email info@eqos.com.

   About Eqos

   Eqos is a leading provider of PLM, global sourcing, and supplier
management solutions for the retail supply chain. Eqos on-demand
software enables retailers to work collaboratively with trading
partners to enhance product innovation, improve supplier performance,
accelerate time-to-market, and ensure product quality and factory
compliance. By layering over existing applications, Eqos facilitates
cross-enterprise, streamlined collaborative processes between
retailers, sourcing offices, agents, factories, suppliers, and third
party service providers. The definitive solution for multi-category
retail segments, including apparel, grocery and general merchandise
segments, Eqos supports millions of transactions daily for 15,000
users, managing more than $50 billion in inventory for the world's
largest, most recognized global retailers. Customers include Edcon,
H-E-B, Lidl, Michaels, Sainsbury's and Tesco. Founded in 1997, the
company has offices in Boston, London and Hong Kong. More information
can be found at www.eqos.com.

Eqos
Press Contacts:
DPR Group, Inc., USA
Dayna Guzik
+ 1 919-678-9200
dguzik@dprgroup.com
or
Effective Communications, Europe
Paul van de Braak
+ 31 (0)299 656404
effective-communications@planet.nl

Copyright Business Wire 2008
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