SYX Systemax Inc

ProfitCenter Software Inc. (PCS), a wholly owned subsidiary of Systemax Inc. (NYSE: SYX), and a leading provider of web-based multi-channel direct marketing software, announced today that FlagHouse, Inc. has entered into a hosting agreement with PCS for the deployment of its web based Profitability Software Suite(TM), an integrated multi-channel sales, fulfillment and accounting solution. FlagHouse has currently been running the Ecometry product. "Maintaining a high level of customer satisfaction requires the right products and an informed staff as to the requirements and needs of those customers," stated George Carmel, CEO of FlagHouse, Inc. "PCS will give me the tools to make the right decisions on company direction and permit all FlagHouse associates to provide world class service and products to our customers. Ultimately, this decision is all about growing our sales." added Carmel. "PCS has the technology, expertise and comprehensive solutions that will enable FlagHouse to expand our business in an ever increasing competitive environment," stated Douglas Carmel, COO of FlagHouse. "With their integrated application, we have one single database and one broad solution that will streamline our business processes and improve our operational efficiency." FlagHouse needed one solution to unify all aspects of their business, regardless of whether the sales channel was catalog, outbound sales, inbounds sales or eCommerce. Starting with lead and list management, continuing through the sales, order processing, and fulfillment process and concluding with posting revenue to the general ledger, the PCS solution facilitates information flow across all departments in one complete solution. PCS combines all the traditional functionality of direct marketing applications with comprehensive CRM and SFA capabilities. This provides companies with a more complete and accurate view of their business and better insight into product trends, customer buying patterns and ultimately increased sales and profitability. "Businesses like FlagHouse that want to achieve a high level of customer service, sales and profitability need to take advantage of the cross departmental functionality of PCS." said Matthew Ehrlich, President and CEO of ProfitCenter Software. "FlagHouse is a perfect example of how a company needed the tools to rise to a new level of competitiveness and effectiveness and I am excited that PCS has been chosen as the partner to provide that." PCS is a 100% web-based service that helps companies automate and manage the entire customer lifecycle across multiple sales channels (web, catalog, call center, outside sales). The PCS Profitability Software Suite(TM) provides direct marketing companies one unified solution that directly enhances their bottom lines and profitability. PCS eliminates all the costs and complexities of traditional solutions such as Microsoft (NASDAQ: MSFT), Siebel (NASDAQ: SEBL), SAP (NYSE: SAP), yet offers a broader solution set unlike SalesForce.com (NYSE: CRM), CommercialWare and Ecometry. About ProfitCenter Software Inc. A subsidiary of Systemax Inc. (NYSE: SYX) www.systemax.com and based in Uniondale, New York, ProfitCenter Software Inc. (PCS) (www.profitcentersoftware.com) is a new entrant in the rapidly emerging market for web-based business automation software for direct marketers. The company delivers to its customers the first integrated, scalable suite of enterprise applications for directly enhancing a company's bottom line. PCS is one of the first companies to recognize a need for software companies to focus solely on the applications and solutions that can directly affect a company's profits. The Profitability Software Suite(TM) is an integrated multi-channel sales, fulfillment, and accounting solution. About FlagHouse, Inc. FlagHouse, Inc. based in Hasbrouck Heights, New Jersey has been a global supplier of equipment, programs, and curricula for physical education and recreation professionals, as well as products, equipment, and programs for professionals who work with children and adults with physical and developmental disabilities since 1954. For more information on FlagHouse, Inc. visit www.FlagHouse.com. Forward-looking statement: This press release contains forward-looking statements about the company's performance. These statements are based on management's estimates, assumptions and projections and are not guarantees of future performance. ProfitCenter Software Inc. and Systemax Inc. assume no obligation to update these statements. Actual results may differ materially from results expressed or implied in these statements as the result of risks, uncertainties and other factors including, but not limited to: (a) unanticipated variations in sales volume, (b) economic conditions and exchange rates, (c) actions by competitors, (d) the continuation of key vendor relationships, (e) the ability to maintain satisfactory loan agreements with lenders, (f) risks associated with the delivery of merchandise to customers utilizing common carriers, (g) the operation of the company's management information systems, and (h) unanticipated legal and administrative proceedings. Please refer to the Forward Looking Statements section contained in Systemax Inc.'s Form 10-K for a more detailed explanation of the inherent limitations in such forward-looking statements. Product or service names mentioned herein are the trademarks of their respective owners.