Contact Information: Contact: Trey Resources Mark Meller CEO (973) 758-9555
Trey Resources Announces Partnership for Its Subsidiary
SWK Technologies to Partner With SPS Commerce
| Source: Trey Resources
LIVINGSTON, NJ--(Marketwire - September 23, 2008) - Trey Resources, Inc. (OTCBB : TYRIA )
announced today that its wholly owned subsidiary, SWK Technologies, the
premier total solutions provider specializing in business software, has
signed a partnership agreement with leading SaaS EDI provider, SPS
Commerce, of Minneapolis, Minnesota.
Under the terms of the agreement, SWK's proprietary MAPADOC software will
be an EDI integration solution available to all existing and prospective
SPS Commerce end-users who use Sage Software's MAS 90/200/500 software for
their financial accounting function. SPS Commerce currently has several
hundred such clients.
SPS Commerce is the recognized Software-as-a-Service ("SaaS") leader in EDI
services and B2B integration with 37,000 customers, pre-built integrations
spanning 2,900 unique fulfillment workflows across 1,300 retailers, grocers
and distributors, a customer satisfaction rate of 93%, and the most
comprehensive SaaS product suite available.
"We are pleased to enter into this partnership with SWK Technologies,"
stated David Novak, Executive Vice President of Business Development at SPS
Commerce. "MAPADOC is a high quality integration solution that we are
pleased to make available for our customers using MAS 90/200/500."
Gary T. Berman, VP of MAPADOC Sales and Services for SWK Technologies,
stated, "This partnership provides a built-in customer base to which we can
aggressively sell our proprietary MAPADOC EDI software and our software
link to MAS 90/200/500. As a result, we expect to very rapidly increase
the sales of our software in a very short period of time."
About Trey Resources
Trey Resources is involved in the acquisition and build-out of technology
and software companies. The Company's growth strategy is to acquire firms
in this extensive and expanding, but highly fragmented segment, as it seeks
to create substantial value for shareholders. Since June 2004, Trey has
acquired SWK Technologies, Inc., Business Tech Solutions Group, Inc, and
Wolen Katz Associates. For more information, contact Trey Resources CEO
Mark Meller at (973) 758-9555 or by e-mail at mark.meller@swktech.com.
About SPS Commerce
SPS Commerce is the leader in Software-as-a-Service (SaaS) B2B integration,
connecting every partner in the supply chain. Retailers, manufacturers and
3PLs have selected SPS Commerce as their outsourced provider to automate
and integrate their trading relationships. Using the SaaS model, SPS
Commerce dramatically lowers setup and on-going costs, along with the time
and risks of traditional EDI software by outsourcing the entire B2B
communication process. The company's offerings leverage its multi-tenant
architecture, multi-party sharing, comprehensive knowledge of thousands of
retailer's business processes and specifications and integration expertise
with a variety of systems for accounting (Great Plains, Quickbooks, MAS
series), ERP (Oracle, NetSuite, SAP), packing and shipping (Agile, InSite,
Scancode), and WMS (HighJump, Infor, Manhattan Associates). SPS Commerce
is the recognized SaaS leader in B2B integration with 37,000 customers,
pre-built integrations spanning 2,900 unique fulfillment workflows across
1,300 retailers, grocers and distributors, a customer satisfaction rate of
93% and the most comprehensive SaaS product suite available. SPS Commerce
is headquartered in Minneapolis, Minnesota. For additional information,
please contact SPS Commerce at 866-245-8100 or visit www.spscommerce.com.
This news release includes forward-looking statements within the meaning of
Section 27A of the Securities Act of 1933 and Section 21E of the Securities
Exchange Act of 1934, as amended, regarding among other things our plans,
strategies and prospects -- both business and financial. Although we
believe that our plans, intentions and expectations reflected in or
suggested by these forward-looking statements are reasonable, we cannot
assure you that we will achieve or realize these plans, intentions or
expectations. Forward-looking statements are inherently subject to risks,
uncertainties and assumptions. Many of the forward-looking statements
contained in this news release may be identified by the use of
forward-looking words such as "believe," "expect," "anticipate," "should,"
"planned," "will," "may," "intend," "estimated," and "potential," among
others. Important factors that could cause actual results to differ
materially from the forward-looking statements we make in this news release
include market conditions and those set forth in reports or documents that
we file from time to time with the United States Securities and Exchange
Commission. All forward-looking statements attributable to Trey Resources,
Inc. or a person acting on its behalf are expressly qualified in their
entirety by this cautionary language.