KIRYAT BIALIK, Israel and LAS VEGAS, April 11, 2006 (PRIMEZONE) -- Integrated Software Development Ltd. (ISD) (Pink Sheets:ITWJ), a provider of enterprise software aimed at small- and medium-sized enterprises, today announced that it has sold its BENEFIT system to B.G. Ilanit Gates & Urban Elements Ltd. (http://accesscontrol.co.il/eng/default.asp).
B.G Ilanit specializes in preventing ram raids (intrusions) by vehicles. The company offers a line of products suitable for military and civilian needs, and has over 30 years of knowledge and experience in the field of providing security solutions. The company has a professional and well-experienced team that includes experts in hydraulics, pneumatics, electrical control systems, and a customer-service and support team. The company operates both in Israel and abroad and offers installation, service and consultation.
This sale comes less than two months after ISD sold its acclaimed BENEFIT system to Anak Hashearim, another large gate and security company. B.G. Ilanit will use the system on a very broad company level to manage their marketing and sales efforts along with their customer service department.
"In concluding this sale, ISD now controls a vast majority of this market in Israel," says Moti Maram, CEO of ISD. "Our client is reaching out to the international market, which required that they revise the way their marketing, sales and customer service departments are managed. BENEFIT proved itself well with our other gate industry clients, and it was a natural move for B.G. Ilanit to acquire the system, as well. We hope that this sale will give us added visibility and credibility in the international market for our expanding marketing efforts."
BENEFIT is an off-the-shelf solution that is geared towards small- to mid-sized customers in service-intensive industries. It offers the power and many of the features found in custom-made CRM and ERP enterprise systems at a fraction of the cost. BENEFIT includes many CRM functions serving the needs of organizations for greater internal efficiency, cost control, and customer service quality.
About ISD
ISD Ltd. is an Israeli software company providing enterprise software that enables small- and medium-sized enterprises to optimize functions such as workforce management, contact center operations and asset management. The easy-to-employ solution, BENEFIT, includes many Customer Resource Management (CRM) functions with the focus on customer need for greater internal efficiency, cost control and maintaining customer service quality. BENEFIT is already used by over 3,000 users in more than 200 organizations across a wide range of functions and industries.
For more information, please contact Jeff Adams at invest-isd@isdsoft.com or visit us on the Web at http://www.isdsoft.com.
Forward-Looking Statements
Certain statements in this news release may contain 'forward-looking' information within the meaning of the Federal securities laws. All statements, other than statements of fact, included in this release may include forward-looking statements that may involve risks and uncertainties. There can be no assurance that such statements will be accurate and actual results and future events could differ materially from those anticipated in such statements. The Company undertakes no obligation to update forward-looking statements to reflect subsequently occurring events or circumstances or to reflect unanticipated events or developments.