KIRYAT BIALIK, Israel and LAS VEGAS, Sept. 28, 2006 (PRIMEZONE) -- Integrated Software Development Ltd. (ISD) (Pink Sheets:IDVJ), a provider of enterprise software aimed at small- and medium-sized enterprises, today announced that Matrix IT Integration and Infrastructure Ltd., a leading Israeli IT company, has pre-purchased a pilot project for BENEFIT's CRM module.
Mr. Shimon Biton, Head of Services and Integration at Matrix (www.matrix.co.il) stated, "We are initiating a pilot of the BENEFIT MOBILE module to enable all the company's project and contract managers, and company engineers who are out of the office, to receive task and work-related data in real time directly on the cellular phones. Using this system, work-related data, including work hours, travel time, expenses, items for delivery, and other information, are automatically updated in real time. This allows us to shift our operations from our desktop computers to our cellular phones, which we use as computers for all intents and purposes. We hope this will be a genuine revolution in the way we do work and will bring us a giant step forward in customer relationship management."
Matrix plans to commence a pilot program including 50 office-based users and 150 cellular-phone based users. The system also automatically updates the company's financial system, which Matrix developed in-house.
With a team of 2,400 IT professionals, Matrix carries out some of the largest integration projects in Israel. The company also develops and markets software products and technologies for business systems, and serves as the representative and distributor for the world's major software products, hardware products, and IT infrastructures. The company's annual turnover for FY2005 is NIS 1.06 billion ($225 million). Matrix, which is traded on the Tel Aviv Stock Exchange, is a member of the Formula Group, Israel's premier IT group, which is traded on Nasdaq:FORTY.
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.