September 26, 2006
iTradeNetwork Announces Nutritional Data Cataloging Initiative with Sysco
New Extended Nutritional Data Base will allow suppliers an efficient and cost-effective method to provide and maintain their nutritional product information to SYSCO through an existing single point of integration with iTradeNetwork.
Livermore, CA (September 26, 2006) -iTradeNetwork announced today the launch of their real-time Nutritional Data Cataloging solution for SYSCO (NYSE:SYY).
"Our customers are telling us there is an increasing demand for providing nutritional information. ITN has created a solution that addresses this important challenge. We are committed to our customers' success and to helping them achieve their goals. Maintaining outstanding service has become even more important as consumers embrace quality dining experiences as they enjoy meals away from home. SYSCO views ITN's latest solution not as a competitive advantage, but as a competitive necessity to meet the evolving needs of our customers", said Larry G. Pulliam, executive vice president, Merchandising Services, SYSCO.
"We are gratified to know that SYSCO views ITN's capabilities in this area as a value added solution. ITN already synchronizes and standardizes over six million individual item codes across over 4000 suppliers. Building on top of our existing catalog synchronization tool allows for the suppliers to provide nutritional information specific to each customer's internal SKU to be distributed universally across their customer community, therefore reducing the maintenance cost. ITN's open interface architecture allows for any supplier or third party solution provider to interface and provide nutritional information as well", said Robert Bonavito, Chief Executive Officer of iTradeNetwork.
About iTradeNetwork, Inc.
iTradeNetwork is a privately held technology leader in On-Demand E-Business solutions. The ITN suite of workflow collaboration products include: Forecast/Demand, Order Management System (OMS), Logistics, Contract and Rebate Management (CaRMA), Ad/Promotional Planning, Trade Spend Optimization, Data Synchronization, VMI, Financial Services and Content, as well as low cost integration to customers legacy systems. 16 of the top 20 North American Retailers and most leading Foodservice companies are utilizing iTradeNetwork's e-business solutions with over 4,000 trading partners/customers.
About SYSCO:
SYSCO is the global leader in selling, marketing and distributing food products to restaurants, healthcare and educational facilities, lodging establishments and other customers who prepare meals away from home. Its family of products also includes equipment and supplies for the foodservice and hospitality industries. For the fiscal year 2006 that ended July 1, 2006, the company generated $32.6 billion in sales. For more information about SYSCO visit the company's Internet home page at www.sysco.com.
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