Stockport Metropolitan Council Selects Elcom for eProcurement Solution
December 29 2003 - 8:30AM
PR Newswire (US)
Stockport Metropolitan Council Selects Elcom for eProcurement
Solution First English Council to implement elcom's eProcurement
solution in partnership with Capita Group Plc NORWOOD, Mass., Dec.
29 /PRNewswire-FirstCall/ -- elcom, inc., the wholly- owned B2B
eCommerce solutions subsidiary of Elcom International, Inc.
(BULLETIN BOARD: ELCO) , today announced that Stockport Council has
selected PECOS, Elcom's remotely-hosted eProcurement system, to be
deployed in partnership with Capita Group Plc Capita Group Plc will
provide consultancy support around project management, supplier
management and guidance on subsequent implementation iterations.
Stockport is the first English Council to select Elcom's
eProcurement solution. Graham Leese, Stockport Council Procurement
Manager, said, "We are pleased to be able to address our
procurement automation needs by partnering with Elcom and Capita
Group. Our goal is to reduce procurement related costs through the
application of technology and best practices. The combination of
Capita's extensive expertise in supply management and Elcom's
proven eProcurement platform will enable Stockport to achieve its
mission of improving services while reducing costs." Matthew Key,
Director Capita Consulting, said, "We selected PECOS, Elcom's
eProcurement solution, because it offers a highly configurable yet
easy to use environment that can be crafted to support many of the
best practices that are at the root of procurement process
improvement. The scope of the PECOS system enables us to automate
the council's key purchase to pay processes thereby improving
compliance to existing contracts. By working in close partnership
with Stockport's project team and effective knowledge transfer we
aim to reduce the Council's dependency on Capita Consulting over
time so they are able to take the project forward at a pace they
are comfortable with." Robert J. Crowell, Elcom International's
Chairman and CEO, said, "We look forward to working with Capita
Group to deploy a world class public sector solution to Stockport
Council and provide a model for other English public sector
agencies to review and by doing so, see the inherent benefits of
automated eProcurement in the public sector." About Elcom
International, Inc. Elcom International, Inc. (OTC:ELCO) (BULLETIN
BOARD: ELCO) is a leading international provider of remotely-hosted
eProcurement and private eMarketplace solutions. Elcom's innovative
remotely-hosted technology establishes the next standard of value
and enables enterprises of all sizes to realize the many benefits
of eProcurement without the burden of significant infrastructure
investment and ongoing content and system management. PECOS
Internet Procurement Manager, elcom, inc.'s remotely-hosted
eProcurement and eMarketplace enabling platform was the first
"live" remotely-hosted eProcurement system in the world. Additional
information can be found at http://www.elcominternational.com/
About Stockport Council Stockport is located in the North of
England, in Greater Manchester. Many thousands of people benefit
from the services provided by Stockport Metropolitan Council. More
than 291,000 live in the borough, and many more look to Stockport
for employment or entertainment. With a net annual revenue budget
of 249 million pounds in 2001/02, and a full- and part-time staff
of around 11,000, the Council is a major organization and the
biggest employer in the borough. It delivers a range of key
services such as education, social services, housing, planning and
transportation, community and leisure services, environmental
health, and finance. Additional information is available at
http://www.stockport.gov.uk/ About Capita Group Plc Capita Group
Plc is one of the largest and fastest growing, professional support
services organizations in the U.K. Capita Group provides an
integrated range of white collar, professional support services on
long-term contracts across Local Government, Central Government,
Education, Private Sector and the Health Sector in the U.K. Capita
Group's strength is its ability to draw on a wide base of
professional expertise to generate, and successfully implement,
tailored Services. Capita Group's ability spans leading edge
customer service, HR services, IT and strategic support; software
services and property consultancy. Additional information is
available at http://www.capita.co.uk/ STATEMENT UNDER THE PRIVATE
SECURITIES LITIGATION REFORM ACT Except for the historical
information contained herein, the matters discussed in this Press
Release could include forward-looking statements or information.
All statements, other than statements of historical fact,
including, without limitation, those with respect to the Company's
objectives, plans and strategies set forth herein and those
preceded by or that include the words "believes," "expects,"
"given," "targets," "intends," "anticipates," "plans," "intent",
"projects", "forecasts" or similar expressions, are forward-looking
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Company's expectations are, or will be, correct. These
forward-looking statements involve a number of risks and
uncertainties which could cause the Company's future results to
differ materially from those anticipated, including: (i)
availability and terms of appropriate working capital and/or other
financing to keep the Company operating as a going concern, and the
Company's cash position as of its last Form 10-K and its history of
ongoing operating losses; (ii) the overall marketplace and client's
acceptance and usage of eCommerce software systems, including
corporate demand therefore, the impact of competitive technologies,
products and pricing, particularly given the subsequently larger
size and scale of certain competitors and potential competitors,
control of expenses, revenue generation by the acquisition of new
customers, the acceptance of the Company's system by individual
agencies of the Scottish Executive (Government of Scotland), and
corporate demand for ePurchasing and eMarketplace solutions; (iii)
the consequent results of operations given the aforementioned
factors; and (iv) the anticipated requirement of the Company to
raise additional working capital to fund operations by the end of
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