KIRYAT BIALIK, Israel and LAS VEGAS, Jan. 10, 2005 (PRIMEZONE) -- Integrated Software Development Ltd. (ISD) (Pink Sheets:ITDJ), a provider of enterprise software aimed at small-and medium-sized enterprises, today announced the sale of BENEFIT to a logistics unit in the Israel Defense Forces (IDF).
In September of 2004, a pilot project with the IDF was successfully completed, leading to today's purchase. The IDF is using BENEFIT to more effectively manage and control the work done by the myriad of subcontractors that service a wide range of IDF units. Specifically, BENEFIT will monitor and report on the number of man-hours worked on a specific project, including full tracking of all work done and progress made. This tracking enables easy comparison of the actual number of hours worked with the budgeted hours, as well as clear reporting of project status.
"The IDF was very excited with the results of our pilot project in September," notes Moti Maram, ISD's CEO. "Now, they have every intention in implementing BENEFIT across a wide range of activities in a number of departments. This is ISD's first project in the military and defense sectors, which shows just how versatile BENEFIT is in offering workflow management solutions. With this new 'stamp of approval' from the IDF, we look forward to creating other business opportunities in this major industry."
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 Joel Gering, at 011-972-52-398-3374 or invest@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.