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, and Inktel Direct, the leader in outsourced operational solutions to direct marketing merchants, announced that they have formed a formal strategic alliance that will see the two companies expand their relationship and provide The PCS Profitability Software Suite� to Inktel Direct and its customers. The formal agreement strengthens the existing relationship between the two companies. In announcing the alliance, PCS and Inktel will deliver enterprise outsourced solutions which will allow the management of all technology, operations, and customer relationships through a single service provider. In addition, the alliance will enable our clients to increase operational efficiency and revenues while decreasing costs with proven experienced partners. The alliance is the first of its kind in the multichannel marketing industry providing a completely hosted and outsourced business model. It will provide direct marketing companies a choice when selecting a solution to manage their entire business. �PCS has long recognized the potential of the Internet to deliver applications and services to multichannel direct marketers worldwide,� stated Matthew Ehrlich, President and CEO of ProfitCenter Software Inc. �PCS and Inktel, with their combined expertise and a proven managed service approach, can help multichannel merchants reduce cost and risk, accelerate solution implementation, realize better return on IT investments, and most importantly, enable them to focus on their core business objectives, increasing customer service and sales.� �Our clients want outsourced enterprise solutions that will give them real time access and visibility without the capital investment and time delays associated with creating in-house capabilities. PCS was a logical choice and positions Inktel to offer our clients a competitive advantage by providing an integrated enterprise business solution that is completely outsourced,� stated Eddy Arriola, Executive Vice President of Inktel Direct. �We are focused on strategies and solutions to enable our customers to grow and thrive in the competitive world of direct marketing. We believe we have found a great combination in the alliance between PCS and Inktel to achieve that.� 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) 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. PCS is headquartered in Uniondale, NY with additional operations in Port Washington, NY and Boca Raton, FL. About Inktel Direct Inktel Direct, a leading outsourced provider of direct marketing services, was founded in 1997 and services several Fortune 500 companies and leading brands. Inktel Direct provides Fulfillment, Call Center, Direct Mail and eCommerce solutions. Inktel Direct is headquartered in Miami, FL with additional operations in Chicago, IL and Ft. Lauderdale, FL. 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.