SYX Systemax Inc

PCS' Profitability Software Suite(TM) will Enable Award Winning Online Retailer to Manage Marketing Programs, Simplify Order Processing, and Drive Operational Efficiencies 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, announces that Richlund Ventures, Inc. has chosen PCS' Profitability Software Suite(TM), as the integrated multi-channel solution for its company, which includes the flagship site, CompactAppliance.com. Richlund Ventures' future e-commerce and multi-channel initiatives will also become part of the PCS system, giving the company access to all of its current and future business intelligence information through one data repository. The company will use PCS to easily share related business data across multiple departments including marketing, sales, procurement, service and logistics. Operational information will be instantly accessible between the company's multiple warehouses and vendors, delivering the capability to rapidly react to business opportunities and changing business conditions. The system's functionality will further enable the company to access real-time information about its sales channels, promotional campaigns, customers, products, financial metrics and more. "Signing an award winning online retailer like CompactAppliance.com is a testament to PCS' unparalleled ability to solve critical business issues," said Matthew Ehrlich, president and CEO of ProfitCenter Software. "CompactAppliance.com recognized that only PCS would allow them to achieve the noteworthy gains in profitability, sales and customer service they were looking for, without a making a large, upfront investment in IT." PCS is a 100% web-based service that helps companies like CompactApplicance.com automate and manage the entire customer lifecycle across multiple sales channels (web, catalog, call center, outside sales, etc). PCS' Profitability Software Suite(TM) is a unified solution that directly enhances the bottom line, while eliminating the costs and complexities of traditional technologies such as Microsoft, Siebel, SAP or NetSuite. And only PCS offers a suite of services that is broader and more effective than that of SalesForce.com, CommercialWare or Ecometry. "PCS will give our employees and executive management instant sales and product analytics from multiple channels, which will allow us to better manage products and processes," said Richard Lundbom, president and CEO of Richlund Ventures. "We will have one point of entry in the PCS application for our customer and product information, eliminating the need for multiple data entry and the burden of reconciliation. "PCS enables a company to integrate various business functions and make it all accessible through a web-browser," said Ehrlich. "Our integrated solution, web tools, and reporting help our customers to streamline sales and product activities, and gain control of many channels of information without diverting attention from their core business." "Our existing systems had become antiquated and cumbersome and not able to support our business growth. PCS not only delivers the capability to dynamically design, launch and measure marketing campaigns, but also positions us to enhance customer service levels and deliver a better overall customer experience," added Lundbom. "PCS is going to positively change the way we run our business, and I am very excited about what this means for our company and our customers." Established in 1999, CompactAppliance.com (www.compactappliance.com) was created to provide an online destination for people in search of distinctive home appliances. Based in Austin, Texas the company's sales have doubled since 2003 and are on path for sales growth of over 40% this year. As a category leader in unique specialty appliances, CompactAppliance.com is once again ranked in the top 500 internet retailers as compiled by Internet Retailer magazine. With its EdgeStar (TM) private label brand and a growing import operation, the company is well-positioned to take advantage of the increasing reliance of shoppers on web-based retailers. About ProfitCenter Software Inc. ProfitCenter Software Inc. (PCS), based in Uniondale, NY, is a leader in web-based automation software for multi-channel merchants and direct marketers. The company's Profitability Software Suite(TM) is the first integrated, scaleable suite of applications designed to directly enhance a company's bottom line. Through sales, fulfillment, accounting functionality and more, PCS empowers companies with the ability to automate and manage their entire customer life cycle and run their whole business off a web browser. PCS is a wholly owned subsidiary of Systemax, Inc. (NYSE: SYX) www.systemax.com, a Fortune 1000 computer and industrial supply direct marketing company. 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.