IRVINE, Calif., Nov. 17, 2004 (PRIMEZONE) -- Vision Solutions, a leading worldwide Managed Availability solutions provider, today announced the signing of a strategic alliance including an OEM agreement with Cforia Software Technologies, a leader in cash collection and working capital optimization.
Under the agreement, Cforia will bundle Vision's data integration solution, ORION Integrator, with Cforia's MC2 and MD2 family of cash collection solutions to facilitate real-time data replication and integration between MC2, PeopleSoft(r), SAP and other ERP applications.
"Entering into this alliance with Vision Solutions is of strategic importance to Cforia and great news for our customer base," said Chris Caparon, vice president of sales for Cforia. "Our customers will immediately benefit from this relationship by now being able to replicate data from both Oracle and SQL. ORION Integrator's flexible architecture and real-time replication capabilities will allow Cforia to further extend our reach into the market, specifically into ERP and financial applications."
"This is a great partnership for Vision Solutions because of the synergy between the solutions and the benefits to customers across these important applications," said Alan Arnold, President and Chief Operating Officer at Vision Solutions. "This agreement is another proof point of ORION Integrator's position as a leading information-sharing and data-integration solution for sophisticated enterprise architectures."
About ORION Integrator
ORION Integrator provides real-time, transactional data replication, transformation and filtering across multiple operating systems, database technologies and hardware platforms. ORION Integrator is a scalable and flexible engine-based solution that will allow an organization to meet complex data-integration and replication needs. For more information on ORION Integrator, please visit www.orionintegrator.com or e-mail info@orionintegrator.com.
About Vision Solutions
Headquartered in Irvine, CA, Vision Solutions provides solutions for assuring the availability of a company's mission-critical applications and data. With more than 1,850 customers and 10,000 licenses in 70 countries, the company is a leading vendor of Data Replication Solutions for Microsoft SQL Server, Oracle, IBM DB2 and Sybase. The company provides extensive professional services, worldwide support and education to the global market. Vision Solutions is Microsoft Certified Partner and IBM Premier Business Partner. Vision Solutions is a member of the publicly traded IDION group of companies (JSE: IDI). For more information on Vision Solutions, please visit the company's website at www.visionsolutions.com.
About Cforia
Cforia Software Technologies' products are focused around one core area: Optimizing working capital. From the inception of demand to receipt of payment, our product suite delivers new financial controls and efficiency tools that improve cash flow and reduce bad debt exposure. Cforia's products integrate in real-time with PeopleSoft, SAP, JD Edwards, Oracle and other accounting systems to extend their credit, collections and deductions modules and implements in a manner of days. For additional information visit Cforia Software on the web at www.cforia.com