SOUTH PLAINFIELD, N.J., Aug. 24, 2004 (PRIMEZONE) -- Vertex Interactive Inc. (OTCBB:VETX), a provider of software technology for order and fulfillment warehouse management, announced the release of its eWMS warehouse management solution, Release 4.1, which incorporates its new Business Intelligence Labor Standards Module. This new enhancement, in addition to providing real-time visibility into workforce performance and collecting labor measurements in warehouse operations, also automatically translates the data gathered into a color-coded graphical representation. The data thus gathered can be easily analyzed using color graphics and can be manipulated by the user to manage the work force towards optimal productivity or other defined goals.
Bob Schilt, Vertex's Chief Technical Officer, explained, "The beauty of this system is that it provides an easy-to-use tool to assist warehouse operators in maximizing the productivity of their people working in warehouses and distribution centers. An operations executive or warehouse manager can view the data graphically in color, instantly spot areas of concern and address them appropriately."
About Vertex Interactive
Vertex Interactive is an international provider of supply chain management technologies. Vertex offers a comprehensive range of software systems and tools, from point solutions to integrated end-to-end hardware and software solutions, for enterprise-wide and collaborative supply chain optimization.
Safe Harbor
Certain statements contained herein may be forward-looking in nature and are therefore subject to risks and uncertainties that could cause actual results to differ materially. The company's recent acquisition history, progress toward completing the integration of its acquisitions, history of operating losses, current expense levels compared with its sales, and the state of development of its product portfolio, coupled with the overall economic and competitive operating environments pose a number of risks investors should take into consideration in connection with assessing the company's financial and operating results. A more detailed discussion of these and other important risk factors can be found in the documents filed with the Securities and Exchange Commission on forms 10-K and 10-Q.
Towards the end of each fiscal quarter, Vertex Interactive will have a 'Quiet Period' when Vertex Interactive and its representatives will not comment concerning previously published financial expectations, and Vertex will disclaim any obligation to update during the Quiet Period. The public should not rely on previously published expectations during the Quiet Period. Investors should not expect that these forward-looking statements will be updated or supplemented as a result of changing circumstances or otherwise, and Vertex Interactive disavows and disclaims any obligation to do so.
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