STOCKHOLM, Sweden, May 13, 2003 (PRIMEZONE) -- The Swedish forestry company Korsnas has given Resco the assignment to implement the Microsoft Business Solutions-Axapta business system.Korsnas is currently improving its financial statement and reporting procedures, and has chosen to implement the accounting module from Microsoft Business Solutions-Axapta with Resco as supplier. The value of the order is SEK 1.5 million.
"We want to obtain financial statements more rapidly and be able to actively analyse our financial results. We currently have several systems, and are now simplifying their environment by working with Axapta to achieve an overall integration. Axapta fulfilled our requirements specification well, and we chose Resco due to the good recommendations that we received," said Mats Ostling, CFO of Korsnas.
Korsnas manufactures highly refined and specialised forestry products, and employs around 1,200 people in Sweden. Korsnas' production is essentially focused on cardboard and paper products for the packaging sector, as well as fluff pulp for hygiene products.
For further information, please contact: Anders Bergstrom, Business Area Manager Axapta, Resco AB Tel: +46 (0)70-890 31 73 anders.bergstrom@resco.se
Mats Ostling, CFO, Korsnas Tel: +46 (0)26-15 12 40 mats.ostling@korsnas.se http://reports.huginonline.com/903587/117949.pdf
About Resco
Resco produces, implements and further develops business systems and integration solutions that enable the development of our customers' interplay with their clients and suppliers, in addition to improving the performance of internal processes and IT systems. Resco was founded in 1982 and is located in Sweden, Finland and Germany. Resco currently employs about 250 people, and has been listed on the Stockholm Stock Exchange since 1996.