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Four Soft gets logistics award

Mumbai, May 31, 2004 -- Four Soft (4S) has received the “Award of Excellence” accreditation from the Awards Committee at the Global Institute of Logistics (GIL). The research department of the institute has conducted a comprehensive study into the provision and application of software solutions in the logistics sector over the last year and this led to the institute’s recognition of FourSoft. The software company’s product, e-Supply is a web-centric integrated enterprise application product and is reportedly the first B2B supply chain management services product in the world.

Commenting on the award, Palem Srikanth Reddy, managing director, Four Soft said, “4S has invested over 150 man years and written a million lines of code for each product. The recognition for these efforts has been through our customers and the consequent financial success of the company. This award from GIL is perhaps the single biggest recognition of our efforts, technology, products and the future of 4S.”

Four Soft recently raised money from the markets to fund the expansion of its existing facilities, set up an international marketing network, target acquisitions and meet product development expenses.