New contract with Tesco
October 12 2009 - 2:00AM
RNS Non-Regulatory
TIDMAVI
Avisen PLC
12 October 2009
?
12th OCTOBER 2009
Avisen plc("Avisen" or the "Company")
New contract with Tesco
Avisen, the AIM quoted performance management specialist, announces that Tesco,
the world's third largest grocery retailer, has selected Acorn System's
Performance Analyzer(TM) to enhance its financial reporting capability in Tesco
Direct.
Acorn Performance Analyzer(TM), distributed exclusively in the UK by Avisen, was
selected following a competitive evaluation of a range of cost and profit
optimisation offerings.
Marcus Hanke, CEO of Avisen, commented: "Typically companies adopt Acorn
Performance Analyzer(TM) to help them focus on making improvements on their
bottom line. Fundamental to that is finding the right balance between
containing costs and ensuring that cost-cutting measures do not compromise an
organisation's ability to maintain service levels and pursue fruitful business
strategies."
Chris D. Fraga, President of Acorn Systems International, added: "Tesco is a
world leader in grocery retailing. We are confident that Tesco will be another
strong Acorn success story, combining the company's vision and leadership with
actionable and accurate analytics to robustly enhance their bottom line."
For further information please contact:
+----------------------------------------+------------------------+
| Avisen plc | |
+----------------------------------------+------------------------+
| Marcus Hanke (CEO) | Tel: +44 (0)870 880 |
| | 2978 |
+----------------------------------------+------------------------+
| Louis Peacock (Executive Director and | Tel: +44 (0)7899 |
| Acting CFO) | 667533 |
+----------------------------------------+------------------------+
| | |
+----------------------------------------+------------------------+
| NOMAD and Broker | |
+----------------------------------------+------------------------+
| John East & Partners Limited, a | Tel: +44 (0)20 7628 |
| subsidiary of Merchant Securities PLC | 2200 |
+----------------------------------------+------------------------+
| Bidhi Bhoma | |
+----------------------------------------+------------------------+
| | |
+----------------------------------------+------------------------+
| Financial PR | |
+----------------------------------------+------------------------+
| Bishopsgate Communications | Tel: +44 (0)20 7562 |
| | 3355 |
+----------------------------------------+------------------------+
| Robyn Samuelson/Siobhra Murphy | |
+----------------------------------------+------------------------+
| avisen@bishopsgatecommunications.com | |
| | |
+----------------------------------------+------------------------+
Notes to Editors
Avisen
Avisen is a business and technology consultancy specialising in performance
management with a focus on strategy creation, development and implementation. It
provides advisory services and software distribution of solutions in the
corporate performance management market. Avisen aims to provide specialist
advice to enable organisations to build more effective capabilities to manage
the performance of their businesses and allow them to achieve their desired
targets.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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