North Lanarkshire Council Goes Live On eProcurement Scotl@nd Programme
13 February 2006 - 6:00PM
PR Newswire (US)
Scottish Council Deploys PECOS via Scottish Executive's
eProcurement Initiative NORWOOD, Mass., Feb. 13
/PRNewswire-FirstCall/ -- Elcom International, Inc. ("Elcom" or the
"Company") (OTC:ELCO) (BULLETIN BOARD: ELCO) and (AIM: ELC and
ELCS), a leading international provider of remotely-hosted
eProcurement and eMarketplace solutions, is pleased to announce
that North Lanarkshire Council, which serves 321,000 people in the
heart of Scotland, has gone "live" as part of the eProcurement
Scotl@nd programme. The North Lanarkshire Chief Executive Gavin
Whitefield, said, "The North Lanarkshire Council is pleased to join
eProcurement Scotl@nd and begin using PECOS Internet Procurement
Manager as part of the programme. eProcurement Scotl@nd will help
automate our procurement of indirect products across various
departments and provide more efficiencies to existing processes.
Using the eProcurement Scotl@nd procurement service will allow us
to offer a better service to our constituents as well as make our
government functions more efficient for the betterment of Scotland
through eCommerce." Robert J. Crowell, Elcom International's
Chairman, said, "We are pleased to welcome North Lanarkshire
Council to the expanding community of councils using the
eProcurement Scotl@nd programme. We look forward to working closely
with Capgemini UK plc ("Capgemini") and the Scottish Executive to
maximize the benefits for all of Scotland's agencies and councils
as the eProcurement Scotl@nd programme continues to reach the
remaining areas of Scotland not yet on the national service." The
North Lanarkshire Council implementation is part of the contract
awarded by the Scottish Executive to Capgemini in November 2001 for
the provision of an eProcurement service capable of being used by
any public sector body in Scotland
(http://www.eprocurementscotland.com/). Under the terms of the
contract, Elcom provides the hosted eProcurement platform and
Capgemini provides systems integration and implementation services.
Elcom Product Offerings For detailed information on Elcom's
PECOS(TM) technology and optional Dynamic Trading functionality,
please visit Elcom's website at
http://www.elcominternational.com/products.htm For additional
information regarding eProcurement Scotl@nd, please visit their
website at http://www.eprocurementscotland.com/ About North
Lanarkshire Council Based in the heart of Scotland, North
Lanarkshire has a population of around 321,000 and is the fourth
largest unitary in the country. The council covers some of the
largest towns in the region such as Motherwell, Cumbernauld and
Coatbridge. Additional information is available at
http://www.northlan.gov.uk/ About The Scottish Executive The
Scottish Executive is the executive function for the government of
Scotland created by devolution in 1999. The creation of a Scottish
Parliament and the establishment of the Scottish Executive began a
new era in the government of Scotland. The Scottish Executive works
with Scottish Ministers to create a 21st century modern government
to improve the well being of Scotland and its people. The Scottish
Executive manages an annual budget of approximately 20 billion
pounds sterling and is responsible for most of the issues of
day-to-day concern to the people of Scotland, including government
administration, health, education, justice, rural affairs,
transport and many other affairs affecting Scotland and its people.
The Scottish Executive Website is at http://www.scotland.gov.uk/
About the Capgemini Group Capgemini, one of the world's foremost
providers of Consulting, Technology, and Outsourcing services, has
a unique way of working with its clients, which it calls the
Collaborative Business Experience. Through commitment of mutual
success and the achievement of tangible value, Capgemini helps
businesses implement growth strategies, leverage technology and
thrive through the power of collaboration. Capgemini employs
approximately 60,000 people worldwide and reported 2004 global
revenues of 6.3 billion euros. More information about individual
service lines, offices and research is available at
http://www.capgemini.com/. About Elcom International, Inc. Elcom
International, Inc. (OTC:ELCOOTC:andOTC:AIM:ELCOTC:andOTC:ELCS)
(BULLETIN BOARD: ELCO and AIM:ELC and ELCS) , operates elcom, inc.
("Elcom"), an international B2B Commerce Service Provider offering
affordable solutions for buyers, sellers and commerce communities
to automate many or all of their procurement processes and purchase
most or all of their goods and services in a 'private' eMarketplace
system. PECOS, Elcom's remotely-hosted flagship solution, enables
enterprises of all sizes to achieve the many benefits of
eProcurement and eMarketplace functionality, with the system hosted
by Elcom at its own data center, eliminating the burden and cost of
in-house programming, IT infrastructure and ongoing catalog content
and system management. More information is available from Elcom's
integrated web site at: http://www.elcominternational.com/
STATEMENT UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT Except
for the historical information contained herein, the matters
discussed in this press release could include forward-looking
statements or information. All statements, other than statements of
historical fact, including, without limitation, those with respect
to the Company's objectives, plans and strategies set forth herein
and those preceded by or that include the words "believes,"
"expects," "targets," "intends," "anticipates," "plans," or similar
expressions, are forward-looking statements. Although the Company
believes that such forward-looking statements are reasonable, it
can give no assurance that the Company's expectations are, or will
be, correct. These forward-looking statements involve a number of
risks and uncertainties which could cause the Company's future
results to differ materially from those anticipated, including: (i)
the possibility that the Company will have to raise additional
working capital to fund operations during 2006 and the availability
of any such funding to the Company; (ii) its history of ongoing
operating losses; (iii) the substantial number of common shares
issued in the Company's recent Regulation S issuance and the
possible impact on the market for the Company's shares; (iv) the
ability of the Company to perform under its contracts with
Capgemini UK plc and PA Shared Services Limited ("PASSL"), a member
of the PA Consulting group of companies; (v) the overall
marketplace and clients' acceptance and usage of eCommerce software
systems, eProcurement and eMarketplace solutions including demand
therefor by both Scottish and U.K. public entities; (vi) the costs
of building the Zanzibar eMarketplace system versus the revenues
derived therefrom; (vii) the impact of competitive technologies,
products and pricing, particularly given the substantially larger
size and scale of certain competitors and potential competitors;
(viii) control of expenses; (ix) the consequent results of
operations given the aforementioned factors; and (x) other risks
detailed from time to time in the Company's Annual Reports on Form
10-KSB, Quarterly Reports on Form 10-QSB and in its other SEC
reports and statements. The Company assumes no obligation to update
any of the information contained or referenced in this press
release. Company Contact: Investor Relations e-mail: First Call
Analyst: FCMN Contact: DATASOURCE: Elcom International, Inc.
CONTACT: Investor Relations: Web site: http://www.elcom.com/
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