Deposco Reports Exceptional Growth, Increased Momentum in the Supply Chain Solutions Marketplace
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Software-as-a-Service (SaaS) Model, Leading Solutions and Strategic Partnerships Position Deposco for Continued Gains in 2009 ATLANTA--(Business Wire)-- Deposco, the industry`s leading authority on SaaS supply chain solutions for manufacturers, distributors, retailers and third party logistics providers, today announced that the company set major new benchmarks for revenue and customer growth. 2008 saw Deposco launch its go-to-market strategy after 3 years of solution development and early customer acquisition. Year-over-year, Deposco grew 650%, began working with UPS`s Customer Solutions group, moved into new a headquarter facility in Atlanta, GA and continued its path to becoming the defacto-standard for SaaS supply chain management solutions. "We are working with Deposco to leverage the best-practice warehouse consulting team within UPS with the flexible, affordable solutions from Deposco," said Larry Clausen, UPS Board Advisor to Deposco and manager of the warehouse solutions practice within UPS`s Customer Solutions group. "The knowledge investment UPS has made with Deposco through the Strategic Enterprise Fund complements our commitment to provide specialized global transportation and logistics services to our customers," Clausen said. "We`re very excited about how far Deposco has come since we launched our go-to-market plans 6 months ago," said Chris Clark, Chief Executive Officer and President of Deposco. "Our mission when we started in 2004 was to design solutions to exceed customers` supply chain demands at a lower price point than traditional solutions in the market while supporting a new level of flexibility in customization. Companies have unique requirements but want a common platform on which to build their business. Deposco`s solutions are deployed in 30-90 days and allow for constant and continual enhancements over time. As our solutions are fully managed and subscription based we allow for low up-front investments with robust functionality and support." Highlights from 2008 include: * Manufacturing and Inventory Management released to enhance the current solutions of Warehouse Management and Mobility. * SC Sports signs 5-year renewal * Deposco Secures Investment from the UPS Strategic Enterprise Fund, Larry Clausen of UPS named as Deposco Board Advisor * Additions to Management team enhancing Sales, Marketing and Technology * True Religion Brand Jeans selects Deposco`s WMS and UPS Customer Solutions for warehouse automation, process improvements and warehouse design * CheapCycleParts.com selects Deposco`s WMS and UPS Customer Solutions to scale their business About Deposco Deposco offers next-generation supply chain solutions to manufacturers, distributors, retailers and 3PL`s. Past supply chain solutions were limiting due to their expense, closed architecture, lack of mobility, and inability to share with partners. Deposco`s SaaS delivery model, rapid implementation and easy customization drive quick ROI with minimal up-front investment. Now, any size company can reduce cost while streamlining their supply chain and improving service levels. For more information, please visit www.deposco.com or call 877-770-1110. for Deposco Peter Nilsson, 858-880-5466 peter@performpr.com Copyright Business Wire 2009
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