SYX Systemax Inc

ProfitCenter Software Inc. (PCS), a wholly owned subsidiary of Systemax Inc. (NYSE: SYX), and a premier provider of web-based, on demand software for multichannel and direct marketing merchants, announced today the signing of 5 new contracts for the PCS Profitability Software Suite�. Probe Racing Components, Inc. (www.probeindustries.com) based in Torrance, CA; MLS Camps & Sporting Essentials (www.mlscamps.com & www.sportingessentials.com) based in Mystic, CT; Nest Family Entertainment (www.nestfamily.com) based in Coppell, TX; and Fishs Eddy (www.fishseddy.com) based in New York, NY; as well as another company, to be named at a later date, have all signed contracts with ProfitCenter Software for its fully integrated on demand multichannel software solution. The direct marketing world is changing from catalogs and call centers to eCommerce; and the software model for companies to manage their business needs is changing from the outdated traditional server based software to web-based on demand software service model that PCS offers. As a web-based online solution for direct marketers, PCS' software applications can be quickly deployed, easily managed and offer scalability for future growth in all sales channels of direct marketing. �Historically, direct marketing companies have fallen behind in adopting newer technology due to cost constraints and lack of IT resources,� stated Matthew Ehrlich, President and CEO of ProfitCenter Software Inc. �The PCS solution is delivered as a monthly subscription service over the Internet. Direct marketers can leverage the Web to run and support their businesses without making big IT investments.� "We were looking for a software application that could provide seamless integration of sales, warehousing, financial and light manufacturing without sacrificing the specific business needs of any of those departments," stated Chris Huff, President of Probe Racing Components, Inc. "PCS will meet those needs efficiently as we grow our business." "As a solution partner, PCS brings their experience, agility and solutions to our company's playing field, changing the way we work and changing the way we satisfy customer's requirements," said David Newbery, Chief Operating Officer of MLS Camps & Sporting Essentials. �PCS opens the door to change our business strategies and develop new channels for our soccer coaching services and sporting goods products.� "After considering several other direct marketing software solutions, we found that PCS offered Nest Family Entertainment a broader range of multichannel capabilities that were more affordable and easier to maintain," stated Ernest Fausto, President of Nest Family Entertainment. �We're confident that our investment in PCS will enable us to cost-effectively expand our business, grow our customer and product base and plan for our future eCommerce and call center sales growth.� "PCS' innovative technology and functionality promise to provide a richer, customer-centric selling environment for our retail consumers and wholesale customers," said James A. Cincotta, CEO of Fishs Eddy. "At Fishs Eddy, our emphasis is on making the sale of home and gift items simple and enticing for all channels of our business. PCS was the only solution that fit the requirements we had." "The PCS on-demand solution is setting the trend for how successful, fast-growing multichannel direct marketing companies utilizing Web-based technology, can become more competitive in the eCommerce world,� said Ehrlich. �It's a highly competitive industry, and we look forward to helping more direct marketing companies prosper, the PCS team is excited to be a part of their growing success.� PCS� Profitability Software Suite� is a unified solution that enhances a direct marketing company�s bottom line, while eliminating the costs and complexities of traditional technologies. The PCS full featured SaaS (Software as a Service) on demand solution runs all aspects of a multichannel direct marketing business. Through sales, fulfillment, accounting functionality and more, PCS empowers companies with the ability to automate and manage the full range of business information necessary to fully support their customers. About ProfitCenter Software Inc. ProfitCenter Software Inc. (PCS) (www.profitcenter.com), based in Uniondale, NY, is a leader in web-based on demand automation software for multichannel merchants and direct marketers. The company�s Profitability Software Suite� 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 direct marketing company, which employs a system of branded e-commerce web sites, direct mail catalogs and relationship marketers to sell PC hardware, related computer products, consumer electronic products and industrial products in North America and Europe. 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. ProfitCenter Software Inc. (PCS), a wholly owned subsidiary of Systemax Inc. (NYSE: SYX), and a premier provider of web-based, on demand software for multichannel and direct marketing merchants, announced today the signing of 5 new contracts for the PCS Profitability Software Suite(TM). Probe Racing Components, Inc. (www.probeindustries.com) based in Torrance, CA; MLS Camps & Sporting Essentials (www.mlscamps.com & www.sportingessentials.com) based in Mystic, CT; Nest Family Entertainment (www.nestfamily.com) based in Coppell, TX; and Fishs Eddy (www.fishseddy.com) based in New York, NY; as well as another company, to be named at a later date, have all signed contracts with ProfitCenter Software for its fully integrated on demand multichannel software solution. The direct marketing world is changing from catalogs and call centers to eCommerce; and the software model for companies to manage their business needs is changing from the outdated traditional server based software to web-based on demand software service model that PCS offers. As a web-based online solution for direct marketers, PCS' software applications can be quickly deployed, easily managed and offer scalability for future growth in all sales channels of direct marketing. "Historically, direct marketing companies have fallen behind in adopting newer technology due to cost constraints and lack of IT resources," stated Matthew Ehrlich, President and CEO of ProfitCenter Software Inc. "The PCS solution is delivered as a monthly subscription service over the Internet. Direct marketers can leverage the Web to run and support their businesses without making big IT investments." "We were looking for a software application that could provide seamless integration of sales, warehousing, financial and light manufacturing without sacrificing the specific business needs of any of those departments," stated Chris Huff, President of Probe Racing Components, Inc. "PCS will meet those needs efficiently as we grow our business." "As a solution partner, PCS brings their experience, agility and solutions to our company's playing field, changing the way we work and changing the way we satisfy customer's requirements," said David Newbery, Chief Operating Officer of MLS Camps & Sporting Essentials. "PCS opens the door to change our business strategies and develop new channels for our soccer coaching services and sporting goods products." "After considering several other direct marketing software solutions, we found that PCS offered Nest Family Entertainment a broader range of multichannel capabilities that were more affordable and easier to maintain," stated Ernest Fausto, President of Nest Family Entertainment. "We're confident that our investment in PCS will enable us to cost-effectively expand our business, grow our customer and product base and plan for our future eCommerce and call center sales growth." "PCS' innovative technology and functionality promise to provide a richer, customer-centric selling environment for our retail consumers and wholesale customers," said James A. Cincotta, CEO of Fishs Eddy. "At Fishs Eddy, our emphasis is on making the sale of home and gift items simple and enticing for all channels of our business. PCS was the only solution that fit the requirements we had." "The PCS on-demand solution is setting the trend for how successful, fast-growing multichannel direct marketing companies utilizing Web-based technology, can become more competitive in the eCommerce world," said Ehrlich. "It's a highly competitive industry, and we look forward to helping more direct marketing companies prosper, the PCS team is excited to be a part of their growing success." PCS' Profitability Software Suite(TM) is a unified solution that enhances a direct marketing company's bottom line, while eliminating the costs and complexities of traditional technologies. The PCS full featured SaaS (Software as a Service) on demand solution runs all aspects of a multichannel direct marketing business. Through sales, fulfillment, accounting functionality and more, PCS empowers companies with the ability to automate and manage the full range of business information necessary to fully support their customers. About ProfitCenter Software Inc. ProfitCenter Software Inc. (PCS) (www.profitcenter.com), based in Uniondale, NY, is a leader in web-based on demand automation software for multichannel 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 direct marketing company, which employs a system of branded e-commerce web sites, direct mail catalogs and relationship marketers to sell PC hardware, related computer products, consumer electronic products and industrial products in North America and Europe. 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.