DALLAS and NEWARK, Ohio, April 4,
2014 /PRNewswire/ -- CVSL Inc. (OTC QX: CVSL)
has launched a state of the art technology system that will allow
the members of independent sales forces of its companies to better
serve their customers, beginning this week with The Longaberger
Company.
"Every customer should give Longaberger's new online shopping
experience a try," said John Rochon,
chairman of CVSL. "It's simple, easy to use, and it makes
shopping for great Longaberger baskets and other products
incredibly convenient. Customers will see a big
difference."
Simultaneously, CVSL has launched a new internal enterprise
research planning (ERP) software system to help manage business
functions—such as inventory, shipping and financial
reporting—within its companies. Data is compiled in real
time. Custom-designed dashboards, business analysis tools and
reports, and automated work flow and alerts allow for faster
decision making. Sage, one of the nation's largest
business software providers, developed the new ERP
platform.
Over time, the new systems are expected to be available for use
by all CVSL companies.
Mr. Rochon said the new systems represent a major step for CVSL,
for Longaberger and for everyone who sells or buys products or
services at a CVSL company.
"These new technology platforms are a great leap forward," said
Mr. Rochon. "They will make it easier and more convenient for
micro-entrepreneurs to operate their businesses at Longaberger, and
soon we plan to offer it to other CVSL companies. Our sales
forces can now enjoy new and better tools. Their
customers can enjoy greater convenience. This major
investment we have made puts us on the cutting edge of technology
in support of our companies, their sales forces and their
customers."
"Our technology team has been working on preparing these systems
for many months. Thanks to their long hours of dedicated
work, now we can offer what we believe is the finest technology
platform anywhere in the world of micro-enterprise," he
said.
The sales force support system, called inPowerSuite, was
developed by Niche Applications. It allows
independent sales Consultants to more conveniently sell to their
customers online and to manage every aspect of their
businesses. The system is usable from their computers as well
as from mobile apps.
The versatility of Niche's system allowed Longaberger to build a
platform specifically designed for micro-enterprise and tailored to
its own characteristics. The new platform meets the unique
needs of its business and its sales force, including allowing each
independent sales Consultant to customize his or her own personal
web site.
inPowerSuite is a fully-integrated, Oracle-based system with
unlimited scalability and its own cloud infrastructure. As
CVSL continues building its "consumer cloud," the system will
support its IT needs, such as awards points earned from the CVSL
Connections program.
"Niche has created for us a powerful, efficient, user-friendly
experience," said Lisa Hittle, Chief
Information Officer of CVSL. "We believe it's the best in the
industry and it will support CVSL's growth well into the
future."
About CVSL
CVSL is a growing group of micro-enterprise companies that
connect social media networks into an ever-expanding virtual
"community" of social commerce. CVSL companies currently include
The Longaberger Company, a 40-year old maker of hand-crafted
baskets and other home decor items; Your Inspiration At
Home, an award-winning maker of hand-crafted spices and other
gourmet food items from around the world; Tomboy Tools, a
direct seller of tools designed for women as well as home security
systems; Agel Enterprises, a global seller of nutritional
products in gel form as well as a skin care line sold under the
Ageless brand, operating in 40 countries; Paperly,
which offers a line of custom stationery and other personalized
products; My Secret Kitchen, a U.K.-based seller of gourmet
food products; and Uppercase Living, which offers an
extensive line of customizable vinyl expressions for display on
walls in the home. In addition, CVSL and Golden Girls,
a purchaser of gold and tradable jewelry, have signed a definitive
purchase agreement, which is subject to customary closing
conditions.
Cautionary Note Regarding Forward-Looking Statements:
This press release contains forward-looking statements that
involve risks and uncertainties. All statements other than
statements of historical fact contained in this press release are
forward-looking statements. We have attempted to identify
forward-looking statements by terminology including "anticipate,"
"believe," "can," "continue," "could," "estimate," "expect,"
"intend," "may," "plan," "potential," "predict," "project,"
"should," or "will" or the negative of these terms or other
comparable terminology. Such statements include statements
regarding our growth and the expansion of the implementation of the
new technology platform. Although we do not make
forward-looking statements unless we believe we have a reasonable
basis for doing so, we cannot guarantee their accuracy. These
statements are only expectations and involve known and unknown
risks, uncertainties, and other factors; such as, our ability to
continue our growth, the benefits of the new technology platform
and the risks outlined under "Risk Factors" in our Annual
Report on Form 10-K for our fiscal year ended December 31, 2012, our Quarterly Reports on Form
10-Q, including the Quarterly Report filed with the Securities and
Exchange Commission for the quarter ended September 30, 2013, and those risks
discussed in other documents we file with the Securities and
Exchange Commission, which may cause our actual results, levels of
activity, performance, or achievements expressed or implied by
these forward-looking statements to differ materially from
expectations. Except as required by law, we undertake no
obligation to update or revise publicly any of the forward-looking
statements after the date of this press release to conform our
statements to actual results or changed expectations.
CVSL Media Contact: Russell
Mack (rmack@cvsl.us.com)
CVSL Investor Relations Contact: Scott Pumper (scottp@cvsl.us.com)
SOURCE CVSL Inc.