telent Selects TECSYS; Signs An Initial Agreement In Excess of One Million CAD Dollars
MONTREAL (June 05, 2007) – TECSYS Inc. (TSX: TCS), an industry-leading supply chain management software company announced today that telent plc (LSE: TLNT), a leading provider of technology services in the UK, has signed a five-year agreement with TECSYS, the initial value of which is 458,000 British Pounds (over one million Canadian Dollars). telent selected TECSYS’ EliteSeries distribution and warehouse management software (WMS) and services to drive new process improvements in the company’s commitments to its clients and achieve improved lead times in a highly sensitive contractual environment.
“We selected TECSYS because of their excellent proven product that matches our long term requirements,” stated Alan Gillespie, telent telco services. “TECSYS possesses in-depth knowledge and experience in the WMS sector, backed by strong customer references. We are delighted with this partnership; moving forward, TECSYS is the right size and type of company for a long-term relationship with telent.”
telent employs some 2,000 people, 1,500 of whom are field staff. The company supplies a broad range of communications support services to telecommunications operators, as well as to large enterprises and public sector agencies in the UK, Ireland and Germany. telent customers include: Tube Lines, Ericsson, Cable & Wireless, the Highways Agency, Network Rail, Die Bahn, Toll Collect and BT (British Telecom), with whom telent has long-term agreements for such major contracts as:
Nationwide electronic motorway toll system in Germany
BT’s national telephone network
The supply of equipment and services for the renewal and maintenance of Network Rail’s communication infrastructure
Peter Brereton, President and CEO of TECSYS Inc. commented: “telent is the kind of quality organization that we are forging partnerships with to build the foundation for TECSYS Europe. This agreement represents another move forward in our business development initiatives and a clear testimony of TECSYS’ acceptance by European customers. We are delighted with this partnership and welcome telent to the TECSYS family of customers.”
Source: Tecsys
