Island Pacific Merchandising Solution Installed at Primark in a Multi-Million GPB Deal
18 October 2012 - 3:48AM
Major Value Retailer Will Support Growth With
Comprehensive Merchandising Solution That is Fully Integrated
to Island Pacific's Best of Breed Planning
Solution
Island Pacific (UK) Limited, (Island Pacific), a 100% owned
subsidiary of 3Q Holdings Limited (ASX:TQH) announced today that it
has signed a license agreement for Island Pacific Merchandising
(IPMS) licenses with Primark, a European retailer, with over 240
locations in the United Kingdom, Ireland, Spain, Portugal, Germany,
The Netherlands, Belgium and Austria. This follows the signing of
the services engagement on 4 May 2012 which was announced to the
market at that time. Together, the licences and implementation and
other services amount to a multi-million pound deal for 3Q, again
demonstrating the value that major enterprises place on the
Company's leading software solutions.
IPMS is the flagship product in the Island Pacific suite of
products that provides a comprehensive merchandising solution that
is integrated to the already in use Island Pacific Planning
solution at Primark. The total solution includes product
management, purchase order management along with merchandise
planning and key item planning, as well as Island Pacific
Assortment Manager incorporating assortment planning, option
planning and store grading.
"Having already collaborated with Primark on the successful
implementation of Island Pacific Planning and Assortment Manager
where significant benefits have already been realized, we are
delighted to be partnering closely with Primark on the next phase
of this important project. The comprehensive Island Pacific
Merchandising Solution will add new feature and function that will
provide increased visibility and access to important information
enabling key metrics to be reached in a timely and efficient
manner," said Mike Dotson, Vice President, Global Sales, Island
Pacific.
Island Pacific continues to develop and deploy high value and
innovative software solutions that enable retailers to manage their
operations and to understand, create, manage and fulfil consumer
demand. These operations include, point-of-sale, full mobile
offering, customer relationship management, vendor relationship
management, multi–channel, planning, replenishment, allocation, and
event planning.
About Primark
Established in 1969, Primark, a retail group in the value
sector, operates a total of over 240 stores in eight countries -
Republic of Ireland (where it trades under the Penneys brand), The
UK, Spain, The Netherlands, Portugal, Germany, Belgium and Austria.
Primark employs over 43,000 and is a subsidiary of Associated
British Foods plc.
About Island Pacific
Island Pacific is a global leader in retail merchandising and
store operations software solutions. For 30 years, Island Pacific
has been a thought leader in retail software solutions, and has
developed a reputation for delivering high-quality,
high-reliability software to the retail industry. As a result,
Island Pacific is a leading resource for scalable, flexible and
affordable solutions for retailers around the world.
Island Pacific, a division of 3Q Holdings Limited
(www.threeq.com.au) was founded in 1978. The company is
headquartered in Irvine, California, and has offices in the United
States, the United Kingdom, Australia and New Zealand.
The Island Pacific logo is available at
http://www.globenewswire.com/newsroom/prs/?pkgid=15277
CONTACT: Mike Dotson
VP Sales
+1 949 476 2212
info@islandpacific.com
www.islandpacific.com
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