Epicor

Collaboration with AIS Provides Epicor’s Specialty and Discount Retailer Customers with Robust MarkdownXpert™ Software to Optimize Merchandising Discounts

MONTREAL (October 05, 2009) – Epicor
Software Corporation (NASDAQ: EPIC), a leading provider of enterprise business software
solutions to the midmarket and Global 1000 companies, announced today that MarkdownXpert,
a next-generation optimization solution from Applied Intelligence Solutions (AIS), is now
available as a standard integrated offering for customers of its industry-leading Epicor Retail
Merchandising suite.
Markdown optimization enables retailers to apply an effective markdown strategy to
better manage inventory and margin risk; while some level of mark downs are key to stimulating
sales, unchecked near-continuous markdowns can erode profits.
AIS’s MarkdownXpert solution provides retailers with more accurate, timely and granular
information about consumer demand so they can optimize and streamline markdown practices.
With three decades of expertise in forecasting, scalable algorithm development, pattern
recognition and other artificial intelligence, AIS utilizes advanced technologies that accurately
predict optimal timing and depth of markdown pricing strategies.
Unlike other solutions on the market, MarkdownXpert “learns” from each retailer’s best
practices over time to make recommendations that reflect the way items should be effectively
reduced. As an extension of the retailer’s established pricing program, the predictive tool
provides an updated, modern method for managing revenue and margin optimization. The
MarkdownXpert solution extends Epicor’s Merchandising solution, which provides the tools and
functionality necessary to analyze, order, price and distribute merchandise for maximum return
on investments.
“To weather today’s economic climate, retailers are finding the need to be more scientific
and strategic when it comes to markdown management,” said AIS CEO Jim Dixon. “We’re proud to be working with Epicor to integrate MarkdownXpert and Epicor Retail Merchandising,
combining two stellar retail offerings to provide organizations with a simple-to-use,
comprehensive solution that gives retailers vital insight that can help increase sales and
profitability.”
“Teaming up with AIS is yet another example of Epicor’s efforts to continually identify
and deliver leading-edge retail technology to our customers to help them generate sustained
competitive advantage,” said David Henning, executive vice president and general manager for
Epicor Retail. “The precise recommendations and guidance provided by the integrated
AIS/Epicor solution gives retailers unprecedented predictive capabilities to manage markdowns,
enhance profitability and remain competitive.”
Today, many of the world’s leading retailers utilize Epicor Retail solutions and services
to become more profitable, productive, competitive and eco-friendly. Epicor’s solutions leverage
proven Microsoft .NET technology to improve business operations and meet the evolving
merchandise and service expectations of today’s cross-channel shoppers. Epicor delivers
comprehensive retail management solutions to enterprises in all tiers – from regional chains to
multichannel global brands. Retail customers include hundreds of marquee names, from
Aéropostale, American Eagle Outfitters, and Ann Taylor to Zales and Zumiez.
For more information on the Epicor Retail suite, please download the brochure outlining
the offering, and for detail about AIS MarkdownXpert, please visit: http://www.aisllc.com.

Source: Epicor

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