Chicago, IL, June 15, 2009 – 20-20 Technologies’ Inc. (TSX: TWT) growing manufacturing prowess for the interiors industry was demonstrated at this year’s NeoCon as the world leader in 3D interior design and furniture manufacturing software announced today its client Indiana Furniture – an independent mid-market casegoods manufacturer in the U.S.A. – selected its Enterprise inSight solution as its new Enterprise Resource Planning (ERP) solution for its five plants in Jasper, Indiana.
“Selecting 20-20 Technologies’ Enterprise inSight solution positions Indiana Furniture to respond to our customers’ needs more rapidly. It will also allow for more innovative technology interfaces into our manufacturing world. The concern for the environment has become part of our corporate culture and our dedication to reduce waste and recycle is facilitated through the use of cutting-edge software like Enterprise inSight,” said Rich Slayton, President, Indiana Furniture.
Indiana Furniture is a technology leader in the industry and already uses 20-20 Technologies’ office furniture point-of-sale (POS) design and sales software. Through its selection of Enterprise inSight for its ERP solution, the company now has an end-to-end design to mass production solution. The solution will cover its order entry, inventory tracking and purchasing, scheduling processes, as well as shop floor execution and is integrated with CNC machinery.
“We have partnered with the 20-20 Team for nearly 10 years now on a smaller scale. The decision to implement the Enterprise inSight ERP solution was made easier because of this relationship. This solution should allow a much faster speed to market for new product introductions while also helping us to control costs and increase efficiencies in all departments. The 20-20 implementation team has a great understanding of the industry and has clearly tailored their product to manufacturers like us. We are looking forward to a great return on our investment,” said Bret Ackerman, Executive Vice-President, Indiana Furniture.
“Because we understand casegood manufacturers and all their processes, 20-20 focuses on their needs and has developed solutions that are customizable to their business processes that help them grow their revenues and profitability in consequence through unmatched support thanks to our industry-focused organization,” said Jean-Francois Grou, President and Chief Operating Officer, 20-20 Technologies.
About 20-20 Technologies Inc.
20-20 Technologies is the world's leading provider of computer-aided design, business and manufacturing software solutions tailored for the interior design and furniture industries. Dealers and retailers use its desktop and Web-based products and solutions for the residential and commercial markets. 20-20 offers a unique proprietary end-to-end solution, integrating the entire breadth of functions in interior design. It provides a bridge for data communication from the point-of-sale to manufacturing and world-leading enterprise resource planning (ERP) systems, including computer-aided engineering and plant floor automation software. Operating in 12 countries with more than 500 employees, 20-20 is a publicly traded company (TWT) on the Toronto Stock Exchange (TSX). For more information, visit www.2020Technologies.com.
About Indiana Furniture
Indiana Furniture is continuously introducing new and innovative products designed to meet the diverse needs and tastes of its customers from coast to coast. It provides unmatched product versatility for the full spectrum of today's rapidly changing work environments. Uncompromising construction standards, fast response time, and over 100 years of experience allows it to consistently exceed our customers' expectations. With a wide range of quality products, Indiana Furniture has the resources to meet casegoods, conference, and seating needs. As a primary component of its success, its capabilities include over 300 employees and manufacturing facilities in excess of 500,000 square feet.
Forward Looking Statements
Certain statements contained in this press release constitute forward-looking information within the meaning of securities laws.
Implicit in this information, particularly in respect of future operating results and economic performance of the Company are assumptions regarding projected revenues and expenses. These assumptions, although considered reasonable by the Company at the time of preparation, may prove to be incorrect. Readers are cautioned that actual future operating results and economic performance of the Company are subject to a number of risks and uncertainties, including general economic, market and business conditions and could differ materially from what is currently expected.
For more exhaustive information on these risks and uncertainties you should refer to our most recently filed Annual Information Form which is available at www.sedar.com. Forward-looking information contained in this report is based on management’s current estimates, expectations and projections, which Management believes are reasonable as of the current date. The reader should not place undue importance on forward-looking information and should not rely upon this information as of any other date. While the Company may elect to, it is under no obligation and does not undertake to update this information at any particular time, unless required by applicable securities law.