GlobeNewswire

TrueCommerce Acquires ecUtopia

Share

Leading cloud-based supply chain collaboration and visibility platform expands commerce network solutions portfolio and strengthens position in key vertical industries

PITTSBURGH, May 13, 2019 (GLOBE NEWSWIRE) -- TrueCommerce, a global provider of trading partner connectivity, integration and unified commerce solutions, announced today that it has acquired ecUtopia, a best-in-class, cloud-based supply chain collaboration and visibility platform powered by EDI and B2B E-Commerce methodologies. This addition complements the TrueCommerce portfolio of offerings by providing a strategic technology service that strengthens its commerce network in several market segments, in particular the home furnishings and apparel industries.

Today, supply chain business partners at all tiers of the value network are looking for technologies that can help them sense and respond to changes in a timely manner. To accomplish this, companies must be better connected to collaborate on shared goals of improving visibility and operational efficiencies. TrueCommerce is responding to the changing market dynamics by expanding its offering horizontally, geographically, and vertically to better serve its customers, based on their specific industry characteristics and process models.  

“Our global growth strategy is founded on increasing the breadth and depth of the services that we offer to our commerce network community,” said Mike Cornell, CEO of TrueCommerce. “The addition of ecUtopia and their unique solution for a variety of industries, in particular home furnishings and apparel, increases the value we add for our customers and allows us to create vertical depth to enhance our competitive position.”

According to Gartner, “There are two major components of multi-enterprise supply chain business networks platforms. On one side, there is the network, with the network representation and the information hub. On the other side, there are universal and supply chain applications. What we observe year over year is the strong interest from vendors to expand their offerings from a breadth-of-solution standpoint. This mainly comes from merger and acquisitions rather than from organic developments.” (Gartner, Macro Trends Affecting the Multienterprise Supply Chain Business Network Market: Provider and Solution Evolutions, Christian Titze and Barte De Muynck, March 4, 2019)

“We fuel that expansion by adding new solutions from organic development, key partnerships and strategic M&A activity like ecUtopia,” adds Cornell. 

“We are very excited about the opportunity to join forces with TrueCommerce and the potential to create new paths to market together,” said Phil Kenney, President and CEO of ecUtopia. “By combining our capabilities we’ll deliver a broader portfolio of supply chain services that are unmatched in the market today."

This acquisition marks another step forward in advancing TrueCommerce’s strategic vision of bringing together a unique set of best-in-class commerce tools under one umbrella to make them even better with new investment, R&D, and unparalleled support to help customers do business in every direction.

For more information please refer to the frequently asked questions (FAQs).

About ecUtopia  

Founded in 2011 and headquartered in San Diego, CA, ecUtopia, the Beyond EDI company, operates a best-in-class, cloud-based total supply chain management platform powered by EDI and B2B E-Commerce methodologies. ecUtopia’s services, focused on enhancing all aspects of the supply chain, is a trusted B2B E-Commerce provider for thousands of private and publicly traded organizations worldwide. Each year since 2012, ecUtopia has grown 40% or more and in recognition of this growth, ecUtopia was named to the Inc. 5000’s list of the fastest growing companies in the United States for 2018.  ecUtopia’s employees are regularly nominated for industry and trade organization awards by its customers for their outstanding support and customer service.  For more information, visit http://www.ecutopia.com.  

About TrueCommerce

TrueCommerce is the most complete way to connect your business across the supply chain, integrating everything from EDI, to inventory management, to fulfillment, to digital storefronts and marketplaces, to your business system, and to whatever comes next. To stay ahead in today’s dynamic global market, companies need to be able to do business in a lot of different directions at once. But too often, doing so means too many solutions and too much assembly required. For decades TrueCommerce has helped businesses be more connected, more supported, and more prepared for what’s next. That’s why thousands of companies – ranging from startups to the global Fortune 100, across various industries – rely on us.

TrueCommerce: Do business in every direction

For more information, visit http://www.truecommerce.com.

Media Contact
Yegor Kuznetsov
TrueCommerce
1-703-209-0167
yegor.kuznetsov@truecommerce.com

About GlobeNewswire

GlobeNewswire
GlobeNewswire
One Liberty Plaza - 165 Broadway
NY 10006 New York

https://globenewswire.com

GlobeNewswire is one of the world's largest newswire distribution networks, specializing in the delivery of corporate press releases financial disclosures and multimedia content to the media, investment community, individual investors and the general public.

Subscribe to releases from GlobeNewswire

Subscribe to all the latest releases from GlobeNewswire by registering your e-mail address below. You can unsubscribe at any time.

Latest releases from GlobeNewswire

PRF: AS PRFoods’ unaudited preliminary consolidated turnover of the 4th quarter and 12 months of the 2019/2020 financial year12.7.2020 14:14:14 CESTPress release

PRFoods’ unaudited preliminary consolidated turnover in 4th quarter of the fiscal year 2019/2020 amounted to EUR 15.11 million euros, decreased by 29.5% compared to the same period a year ago (4Q 2018/2019: 21.42 million euros). The preliminary turnover of the first 12 months of the financial year was 78.34 million euros (12m 2018/2019: 85.61 million euros). The Q4 decline in sales was 29.5%; including sales increase in retail sector by 7.3%, sales decrease in HoReCa sector by 65.0% and in wholesale sector by 49.6% (partly also influenced by HoReCa sector) compared to the same period previous year; The 12-months sales decrease compared the same period a year ago was 8.5%, mainly affected by lower sales figure in the 4th quarter. During 2019/2020 the product portfolio experienced a change where raw fish and fillets’ segment increased by 4 pp and smoked products declined accordingly. Indrek Kasela, CEO, PRFoods : „Last quarter was defined by the fact that most countries took drastic meas

Volta Finance Limited: Net Asset Value as at 30 June 202010.7.2020 18:25:06 CESTPress release

NOT FOR RELEASE, DISTRIBUTION OR PUBLICATION, IN WHOLE OR PART, IN OR INTO THE UNITED STATES ***** Guernsey, 10 July 2020 AXA IM has published the Volta Finance Limited (the “Company” or “Volta Finance” or “Volta”) monthly report for June. The full report is attached to this release and will be available on Volta’s website shortly (www.voltafinance.com). PERFORMANCE and PORTFOLIO ACTIVITY June delivered another month of strong performance after May and April, helping further to recover the mark-to-market impact of the COVID-19 pandemic. Accounting for the €0.10 per share dividend paid 16th of June, Volta’s NAV* total return performance in June was +6.9%. With the increased confidence around cash flows from underlying assets over the medium term, not only was the Company able to restore the dividend ordinarily payable in April but has further declared a dividend of €0.11 per share payable on 29th July 2020, which is a return to the Company’s original payment timetable. The monthly perfo

Agfa-Gevaert: Publication of a transparency notification – Regulated information10.7.2020 17:40:00 CESTPress release

(Article 14 of the law of May 2, 2007 on the disclosure of significant shareholdings) Mortsel, Belgium – July 10, 2020 - 5.40 p.m. CET According to Agfa-Gevaert NV’s bylaws, the threshold as from which a shareholding needs to be disclosed, has been set at 3%, 5% and a multiple of 5%. In conformity with the Law of May 2, 2007 regarding the disclosure of significant shareholdings in listed companies, Agfa-Gevaert (Euronext: AGFB) discloses the following declaration: On July 3, 2020, Classic Fund Management AG has announced that as per July 1, 2020, its stake in Agfa-Gevaert is less than 3%. Notifications of important shareholdings to be made according to the Law of May 2, 2007 or Agfa-Gevaert NV’s bylaws, should be sent to viviane.dictus@agfa.com Contact: Viviane Dictus Director Corporate Communications tel. ++32 (0) 3 444 7124 e-mail: viviane.dictus@agfa.com Attachment 20200710 Classic Fund UK

Mandalay Resources Corporation meddelar sina produktions- och försäljningsresultat för andra kvartalet 202010.7.2020 15:17:47 CESTPressemelding

TORONTO, July 10, 2020 (GLOBE NEWSWIRE) -- Mandalay Resources Corporation (”Mandalay” eller ”bolaget”) (TSX: MND, OTCQB: MNDJF) tillkännagav idag sina produktions- och försäljningsresultat för andra kvartalet 2020. Under andra kvartalet 2020 producerade Mandalay en konsoliderad mängd motsvarande 24 752 säljbara uns guldekvivalent och sålde 24 916 uns guldekvivalent. Mandalays President och Chief Executive Officer, Dominic Duffy förklarade, ”Båda verksamheterna har fortsatt sin starka start på året med förbättrade resultat från första till andra kvartalet vad gäller total mängd sålda uns guldekvivalent. Produktionsresultatet för andra kvartalet var bolagets bästa konsoliderade guldproduktion för ett enskilt kvartal sedan fjärde kvartalet 2017.” Duffy konstaterade vidare, ”Resultaten i Costerfield var fortsatt utmärkta från Youle-ådern, vars anläggning producerade 13 502 uns guldekvivalent. Antimonproduktionen hade ännu ett stabilt kvartal med 933 sålda ton, vilket var bolagets högsta mä

Volta Finance Limited : Director Declaration10.7.2020 15:09:22 CESTPress release

Volta FinanceLimited (VTA/VTAS) Director Resignation Guernsey, 10 July 2020 Volta Finance Limited (the “Company”) announces that Atosa Moini, a non-executive director of the Company and Chair of the Management Engagement Committee, has notified the Company of her intention to step down from her role on the Board and resign as a Director of the Company with effect from 31st July 2020. Ms Moini has been on the Board since 2017 and the Directors would like to express their gratitude to her for her valuable contribution during that period. For further information, please contact: Company Secretary and Administrator BNP Paribas Securities Services S.C.A, Guernsey Branch guernsey.bp2s.volta.cosec@bnpparibas.com +44 (0) 1481 750 853

Bergman & Beving AB: The Annual Report for 2019/2020 has been published10.7.2020 15:00:00 CESTPress release

Press release The Annual Report for 2019/2020 has been published Bergman & Beving’s Annual Report for the financial year 1 April 2019–31 March 2020 has been published on the company's website today where it can be downloaded as a PDF version. Stockholm, 10 July 2020 Bergman & Beving AB (publ) For further information, please contact: Peter Schön, CFO, phone no.: +46 70 339 89 99 This information is information that Bergman & Beving AB (publ) is obliged to make public pursuant to the Securities Markets Act. The information was submitted for publication at 3.00pm CET on 10 July 2020. Bergman & Beving owns and refines companies that develop and market strong brands for professional users in industry and construction, mainly in the Nordic region, the Baltic States and Poland. Bergman & Beving aims to enable successful product companies to take the next step and become leading brands in their categories. The Group currently has some 20 brands, about 1,000 employees and revenue of approximate