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December 2008
December 23rd, 2008 |
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December 01st, 2008 |
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November 2008
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November 11th, 2008 |
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November 06th, 2008
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October 2008
October 27th, 2008 |
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March 2008
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March 25th, 2008 |
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January 2008
Jaunuary 30th, 2008 |
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January 2010
January 07th, 2010 |
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December 2009
December 21st, 2009 |
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December 09th, 2009 |
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November 2009
November 18th, 2009 |
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October 2009
October 27th, 2009 |
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October 16th, 2009 |
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September 2009
September 22nd, 2009 |
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September 08th, 2009 |
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August 2009
August 11th, 2009 |
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July 2009
July 30th, 2009 |
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July 28th, 2009 |
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July 03rd, 2009 |
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June 2009
June 30th, 2009 |
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June 19th, 2009 |
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June 18th, 2009
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June 09th, 2009 |
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May 2009
May 20th, 2009 |
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May 14th, 2009 |
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May 11th, 2009 |
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April 2009
April 21st, 2009 |
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April 08th, 2009 |
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March 2009
March 23rd, 2009 |
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February 2009
February 24th, 2009 |
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January 2009
January 28th, 2009 |
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Four Soft announces First Quarter results |
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Financials at a glance for the quarter ended June 30, 2009
Operating Revenues at Rs 357 million
Operational EBIDTA at Rs 61.3 million
Operational PBT at Rs.46.8 million
Operational PAT at Rs 42.2 million
The above results exclude loss on currency fluctuation of Rs.37.3 million
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Highlights for the Quarter
- 6 new deals signed across geographies in the quarter
- Global Sales team strengthened with the appointment of sales head in Europe
- Implementations in progress at 12 prestigious customer locations
- 5% interim dividend declared
- Achieves CMMI level 3 certification
- Four Soft eCustomsTM SAGITTA certified by the Netherlands customs authorities
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Hyderabad, July 28, 2009
Four Soft (4S) (NSE: "FOURSOFT", BSE: 532521), a global leader offering software solutions for transportation and logistics industry, today announced financial results for its first quarter ended June 30, 2009. The company achieved revenues of Rs. 357 million for the first quarter with operating PAT of Rs. 42.2 million. However, the actual reported PAT is Rs. 4.8 million due to forex loss of Rs.37.3 million during the quarter. The results for the current quarter are not strictly comparable with corresponding previous quarter as the quarter ended June 30, 2008 included net income from sale of customer specific source code of Rs.210.8 million. Fluctuations in currency rate and impact of reversal of unrealized gain of the previous quarter in the current quarter led to a forex loss of Rs.37.3 million.
The company has also announced that the Board of Directors of the Company has declared an interim dividend of Rs 0.25 per equity share of Re 5 each of the company.
"The results for the quarter are satisfying considering global economic environment continues to remain uncertain. We are seeing strong opportunities for growth especially in Europe as customers are focusing on improving efficiencies and expanding business." says Mr. Rajshekhar Roy, CEO, Four Soft Ltd. "The strong delivery capabilities with higher focus on sales and marketing, especially new geographies, should result in enhanced customer wins and higher profitability" He added.
"Having achieved cost optimization, we will now continue to invest in products, sales and marketing which should help in the long term growth" says Mr. Biju Nair, CFO, Four Soft Limited.
The company has appointed a European sales head to strengthen the global sales team. In this quarter, Four Soft achieved CMMI level 3 certification and its flagship product Four Soft eCustoms was certified by Netherlands customs authority.
About Four Soft Limited
Four Soft is a CMMI level 3 company which provides innovative software solutions and IT consultancy services exclusively for the logistics and supply-chain management market place. Four Soft is the market leader in the transportation and logistics segment with a large international client base including the majority of the top transportation & logistics companies in the world. With regional offices strategically located worldwide, it supports customers including DHL, Schenker, Agility, UTI and Geodis-Wilson.
Additional information about Four Soft is available at www.four-soft.com
Four Soft offer a full suite of web-native products across the logistics supply chain. This includes 4S eTrans for freight forwarding and logistics, 4S eLog for warehouse management, 4S VisiLog & 4S VisiLog Plus for track & trace, visibility and supply-chain management, 4S eCustoms for customs brokerage, 4S iShipping for shipping line execution and 4S eConnect for business-to-business connectivity.
For more information please contact
Geniya Banerjee
Four Soft Limited.,
Mobile: +91 98666 65680
Email: geniya.b@four-soft.com
Bhawna Sharma
Adfactors PR Pvt Ltd
Tel: +91 11 40565100
Email: bhawna.sharma@adfactorspr.com |
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Four Soft announces First Quarter results |
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Financials at a glance for the quarter ended June 30, 2009
Operating Revenues at Rs 357 million
Operational EBIDTA at Rs 61.3 million
Operational PBT at Rs.46.8 million
Operational PAT at Rs 42.2 million
The above results exclude loss on currency fluctuation of Rs.37.3 million
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Highlights for the Quarter
- 6 new deals signed across geographies in the quarter
- Global Sales team strengthened with the appointment of sales head in Europe
- Implementations in progress at 12 prestigious customer locations
- 5% interim dividend declared
- Achieves CMMI level 3 certification
- Four Soft eCustomsTM SAGITTA certified by the Netherlands customs authorities
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Hyderabad, July 28, 2009
Four Soft (4S) (NSE: "FOURSOFT", BSE: 532521), a global leader offering software solutions for transportation and logistics industry, today announced financial results for its first quarter ended June 30, 2009. The company achieved revenues of Rs. 357 million for the first quarter with operating PAT of Rs. 42.2 million. However, the actual reported PAT is Rs. 4.8 million due to forex loss of Rs.37.3 million during the quarter. The results for the current quarter are not strictly comparable with corresponding previous quarter as the quarter ended June 30, 2008 included net income from sale of customer specific source code of Rs.210.8 million. Fluctuations in currency rate and impact of reversal of unrealized gain of the previous quarter in the current quarter led to a forex loss of Rs.37.3 million.
The company has also announced that the Board of Directors of the Company has declared an interim dividend of Rs 0.25 per equity share of Re 5 each of the company.
"The results for the quarter are satisfying considering global economic environment continues to remain uncertain. We are seeing strong opportunities for growth especially in Europe as customers are focusing on improving efficiencies and expanding business." says Mr. Rajshekhar Roy, CEO, Four Soft Ltd. "The strong delivery capabilities with higher focus on sales and marketing, especially new geographies, should result in enhanced customer wins and higher profitability" He added.
"Having achieved cost optimization, we will now continue to invest in products, sales and marketing which should help in the long term growth" says Mr. Biju Nair, CFO, Four Soft Limited.
The company has appointed a European sales head to strengthen the global sales team. In this quarter, Four Soft achieved CMMI level 3 certification and its flagship product Four Soft eCustoms was certified by Netherlands customs authority.
About Four Soft Limited
Four Soft is a CMMI level 3 company which provides innovative software solutions and IT consultancy services exclusively for the logistics and supply-chain management market place. Four Soft is the market leader in the transportation and logistics segment with a large international client base including the majority of the top transportation & logistics companies in the world. With regional offices strategically located worldwide, it supports customers including DHL, Schenker, Agility, UTI and Geodis-Wilson.
Additional information about Four Soft is available at www.four-soft.com
Four Soft offer a full suite of web-native products across the logistics supply chain. This includes 4S eTrans for freight forwarding and logistics, 4S eLog for warehouse management, 4S VisiLog & 4S VisiLog Plus for track & trace, visibility and supply-chain management, 4S eCustoms for customs brokerage, 4S iShipping for shipping line execution and 4S eConnect for business-to-business connectivity.
For more information please contact
Geniya Banerjee
Four Soft Limited.,
Mobile: +91 98666 65680
Email: geniya.b@four-soft.com
Bhawna Sharma
Adfactors PR Pvt Ltd
Tel: +91 11 40565100
Email: bhawna.sharma@adfactorspr.com |
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Four Soft wins WMS contract from Len Lothian Ltd |
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Hyderabad, 15th February 2010 Four Soft (4S) (NSE: "FOURSOFT", BSE: 532521), a global leader offering software solutions for transportation and logistics, is pleased to announce that it has recently signed a contract with Len Lothian Ltd, to implement its warehouse management system - 4S eLog across its locations.
Family owned and operated company Len Lothian Ltd has been in the storage business for over 45 years offering 3PL logistics services to industry clients and self storage services to the general public from its five sites located over the cities of Edinburgh and Glasgow.
In addition to traditional pallet storage, Len Lothian also provides archive storage and document management as one of its services. As the demand for this service has increased, real time visibility and tracking of items from pallet through to single policy documents, has become increasing difficult without a best of breed management system in place.
After reviewing several software vendors Four Soft’s WMS, 4S eLog, was selected due to its flexible nature, simple user interface and easy to use web login access for Len Lothian’s customers to book stock in, place orders and have instant access to KPI’s and stock levels from anywhere in the world with an internet connection.
4S eLog built on the modern technology platform - J2EE, covers all aspects of warehouse management including multiple warehouses and clients being managed from within a single database environment. 4S eLog has full RF capabilities and offers web visibility to clients, their customers and their suppliers. With KPI reporting, dashboard tools and extensive interfacing capabilities into business systems such as Sage, SAP, Microsoft and Oracle, 4S eLog will help manufacturing, distribution and 3PL companies move their products more efficiently through their warehouse facilities to their customers’ locations.
Douglas Lothian, Director, Len Lothian, commented, “Our previous warehouse system provided us with enough functionality for our current client base but we needed a WMS system which would expand our service offering and keep us ahead of our competition for years to come. After reviewing a number of suppliers we felt Four Soft understood what we were trying to achieve and being able to handle both document storage and traditional pallet storage on one platform is a huge advantage for us.”
Simon Shore, Vice President, European sales, Four Soft, commented, “We are really pleased to welcome Len Lothian as our latest WMS customer and are proud to see the rate at which our web centric WMS customer base continues to expand. With this implementation, Len Lothian will now have a powerful tool to support their expanding warehousing operations and be able to improve operational efficiency and visibility with the same resources in place”
About Four Soft Limited
Four Soft is a public listed and CMMI level 3 certified company which provides innovative software solutions and IT consultancy services exclusively for the logistics and supply-chain management market place. It is the market leader in the transportation and logistics segment with a large international client base including the majority of the top transportation & logistics companies in the world. With regional offices strategically located worldwide, it supports customers including DHL, Schenker, Agility, UTI and Geodis-Wilson. Additional information about Four Soft is available at www.four-soft.com.
Four Soft offer a full suite of web-native products across the logistics supply chain. This includes 4S eTrans for freight forwarding and logistics, 4S eLog for extended warehouse management, 4S Visilog & 4S VisiLog plus for track & trace, visibility and supply-chain management, 4S eCustoms for customs brokerage, 4S iShipping for shipping line execution and 4S eConnect for business-to-business connectivity.
For more information please contact
Praveen Gavuji
Four Soft Limited.,
Mobile: +91 99480 99688
Tel: +91 40 66873034
Email: praveen.g@four-soft.com
Sonal Chawla
Adfactors PR Pvt Ltd
Mobile: +91 9711306364
Tel: +91 11 40565100
Email: sonal.chawla@adfactorspr.com
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Johnny Thøgersen appointed as Managing Director of Four Soft Nordic |
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Hyderabad, December 21, 2009
Four Soft (4S) (NSE: "FOURSOFT", BSE: 532521), a global leader offering software solutions for transportation and logistics, announced the appointment of Mr. Johnny Thøgersen as Business head of its Nordic Operations.
Mr. Thøgersen will oversee Business Development, BPO and Services space to further strengthen the company's position as the Global leader in providing software solutions to the Transportation and Logistics Industry.
Welcoming Mr. Thøgersen, Rajshekhar Roy, CEO, Four Soft Limited, thus commented," We extend a warm welcome to Johnny. Four soft already established a strong market position in promoting its products to its Global customers. Johnny has a proven track record and a strong focus in promoting the BPO and other related services to the existing and new customers. He and his team will be playing a pivotal role driving the business forward in this space. He also brings along a strong network of customers and partners in the Nordic region and a wealth of knowledge and expertise in successfully delivering many Supply Chain improvement projects. We strongly believe he will be instrumental in ensuring the continued growth of Four Soft in the Nordic areas."
Enthused about his appointment, Johnny Thøgersen, Managing Director, Four Soft Nordic, said, "I am glad that I got an opportunity to be associated with a company of great repute. Four Soft is a one of its kind organization, that has clarity not only in its vision but also believes in forward thinking. The senior management team is composed of strategic and open minded executives, who are determined in establishing a significant footprint on the logistics/supply chain industry. I am looking forward to a great learning experience and making contributions that will value add to the company's growth"
Johnny has 20 years of varied experience in developing and supplying large ERP and production systems primarily to conglomerates within the media industry. During his career Johnny has focussed on customer relations, project management, sales, believing in and valuing a strong and professional relationship with his customers and partners. Since the early 90's he has been setting up and running overseas subsidiaries and sales channels for his employer, which has given him a unique insight into other cultures and fundamental understanding of the need for local business differentiation. Of paramount achievement can be mentioned that Johnny has been instrumental in growing a niche software company from a 4 to a 100 million dollar global player.
About Four Soft Limited
Four Soft is a public listed and CMMI level 3 certified company which provides innovative software solutions and IT consultancy services exclusively for the logistics and supply-chain management market place. It is the market leader in the transportation and logistics segment with a large international client base including the majority of the top transportation & logistics companies in the world. With regional offices strategically located worldwide, it supports customers including DHL, Schenker, Agility, UTI and Geodis-Wilson. Additional information about Four Soft is available at www.four-soft.com
Four Soft offer a full suite of web-native products across the logistics supply chain. This includes 4S eTrans for freight forwarding and logistics, 4S eLog for extended warehouse management, 4S VisiLog & 4S VisiLog plus for track & trace, visibility and supply-chain management, 4S eCustoms for customs brokerage, 4S iShipping for shipping line execution and 4S eConnect for business-to-business connectivity.
For more information please contact
Praveen Gavuji
Four Soft Limited.,
Mobile: +91 99480 99688
Tel: +91 40 66873034
Email: praveen.g@four-soft.com
Sonal Chawla
Adfactors PR Pvt Ltd
Mobile: +91 9711306364
Tel: +91 11 40565100
Email: sonal.chawla@adfactorspr.com
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Four soft successfully implements 4S iShipping at Samudera Shipping Line for their equipment management. |
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Hyderabad, December 09, 2009
Four Soft Limited, India (NSE: "FOURSOFT", BSE: 532521), is pleased to announce that its premier customer, Samudera Shipping Line Ltd(Samudera), Singapore, has gone live with Equipment control and Transport management modules of Four Soft's shipping solution - 4S iShipping, to help manage and consolidate its shipping operations.
Samudera shipping line ltd has successfully rolled-out 4S iShipping's Equipment Control Module & Transport Management Module in to the production recently. The project, internally named as "EMAS" by Samudera, is designed specifically to meet Samudera's stringent business requirement in managing their day to day container operations. The application has been rolled-out into several countries and few of the locations include Singapore, Malaysia, Indonesia, India, UAE, Hong Kong and Thailand. EMAS currently manages more than 18,000 units of containers, with approximately 3 millions equipment activities which have been registered and tracked till date.The new solution has also ensured minimal documents processing and automation of most of the operations at Samudera.
Rakesh Kumar Munigala, Vice President & Head - Asia, commented, "Four Soft has proven track record of successful implementations of various supply chain software applications with its highly skilled consultants and support teams and also has the reputation for on-time delivery of projects. We are very much thrilled to announce the successful implementation at Samudera and we owe this success to both the dedicated teams at Samudera and Four Soft. During the implementation phase, we have built a strong relationship with them and will further continue to extend the required functional and technical support to the users, for them to become conversant with the new system."
Chan Ngok Chuin, General Manager - MIS, Samudera Shipping Line Ltd, stated, "We are impressed with the Four soft's capabilities in delivering this project successfully. Four Soft has definitely demonstrated a commitment in working with us to constantly fine tune and enhance its product offerings. I am very much confident that we have made a right decision in choosing Four soft as our IT Strategic partner. We have a great relief with the successful implementation of 4S shipping's Equipment control and Transport management modules. With the enterprise-wide business data and controls in a single application, we are now equipped to focus our time and efforts on delivering quality service to our customers, as quickly and efficiently as possible. This also leaves us sufficient time to further expand our business."
4S iShipping is Four Soft's International Shipping Solution designed for Liner Shipping Companies, their Agents and NVOCC operators. 4S iShipping is fully integrated, web-enabled, operational and management software for International Shipping, operational in more than 80 countries worldwide. 4S iShipping packs a punch with features to suit the requirements of single or multi principal operations, covering all types of ocean freight operations including FCL, LCL, RO/RO, break-bulk & project cargo as well as inland haulage, equipment handling & feeder operations. With sales & marketing to event management & alert functions and financial accounting modules, 4S iShipping is our today's solution for your tomorrow's requirements.
About Four Soft Limited
Four Soft is a public listed and CMMI level 3 certified company which provides innovative software solutions and IT consultancy services exclusively for the logistics and supply-chain management market place. It is the market leader in the transportation and logistics segment with a large international client base including the majority of the top transportation & logistics companies in the world. With regional offices strategically located worldwide, it supports customers including DHL, Schenker, Agility, UTI and Geodis-Wilson. Additional information about Four Soft is available at www.four-soft.com
Four Soft offer a full suite of web-native products across the logistics supply chain. This includes 4S eTrans for freight forwarding and logistics, 4S eLog for extended warehouse management, 4S VisiLog & 4S VisiLog plus for track & trace, visibility and supply-chain management, 4S eCustoms for customs brokerage, 4S iShipping for shipping line execution and 4S eConnect for business-to-business connectivity.
For more information please contact
Praveen Gavuji
Four Soft Limited.,
Mobile: +91 99480 99688
Tel: +91 40 66873034
Email: praveen.g@four-soft.com
Sonal Chawla
Adfactors PR Pvt Ltd
Mobile: +91 9711306364
Tel: +91 11 40565100
Email: sonal.chawla@adfactorspr.com
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Four soft charts next phase of global growth with G-log founder Tim Sensenig joining the management team
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- G-Log was acquired by Oracle for its Transport Management system
- Four Soft growth plans include new service lines
- Four Soft to renew focus on web products
- To penetrate into new geographies and new customer segments
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Hyderabad, November 18, 2009
Four Soft (4S) (NSE: "FOURSOFT", BSE: 532521), a global leader offering software solutions for transportation and logistics, has appointed Tim Sensenig as its new Executive Vice President for Global Sales and Business development, further strengthening Four soft's position in the transportation and Logistics Industry. Mr.Sensenig is the former Co-founder and vice chairman of G-log, the global third party logistics software company, later acquired by Oracle for its Oracle Transport Management practice.
Palem Srikanth, Chairman, Four soft Limited, said," I welcome Tim Sensenig on Board. Four soft definitely has aggressive and organic growth plans in the coming quarters. We have established market leadership position in the 3PL and the transportation segments and with this initiative we would like to grow our position in the Shipper Logistics market. Mr.Sensenig's experience in development, delivery and marketing solutions in both Third party logistics and shipping domains will bring clear value to what four soft aspires in the short to medium term."
Rajshekhar Roy, CEO, Four soft Limited, said," In the last 18 months all our flagship products such as 4S eTrans, 4S eLog, 4S Visilog, 4S Visilog Plus and 4S iShipping have been implemented successfully across 20 plus customers in multiple global locations. This is the result of Four soft strengthening its delivery capability and product pipeline for each category in the last six quarters. With the global economy showing signs of coming out of the recessionary phase, we believe this is the right time to strengthen our sales and marketing engine and take up an aggressive product and services roll out. It is in this context that Sensing's addition to the 4S management team acquires a significant strategic edge to enable our next phase of business penetration in to the global markets".
Tim Sensenig, Executive Vice President, Global Sales and Business Development, Four soft Limited, said," Improving efficiencies of the Global supply chain has been my passion and I have always admired the Technological edge and the rich functionality of 4S products as a competitor. Now, we offer an unmatched value proposition to the Global Transportation and Logistics market place. There is definitely a great demand for Four Soft's solutions globally. The company's achievements are impressive and I look forward to leading the effort to take the company's market leading product platforms into the waiting global market."
Mr. Sensenig is an accomplished corporate strategist with 20 years varied experience in global sales and business development, most recently as a Chairman at Gray Peaks Inc, a Transportation asset management company. He has extensive C-level relationships at global enterprises, transportation companies and logistics suppliers and a track record of converting those into new business. Tim is now responsible for Global sales and Business development operations at Four soft Limited.
Mr. Sensenig currently serves as President of Americas & board member of Supply Chain & Logistics Group. He is also strategic advisor to Sunoptics the market leader in daylighting for Global Logistics and is part of the Chairmen's Group supporting GAVI Alliances. He has a success of creating the first shelf-facing optimization software company for a FMCG major in the US; Supporting the growth of a Middle Eastern third party logistics (3PL) company; Assisting in Sovereign Bancorp's growth over 7 years and launching the Supply Chain Investment Banking practice at Donaldson Lufkin & Jenrette.
About Four Soft Limited
Four Soft is a public listed and CMMI level 3 certified company which provides innovative software solutions and IT consultancy services exclusively for the logistics and supply-chain management market place. It is the market leader in the transportation and logistics segment with a large international client base including the majority of the top transportation & logistics companies in the world. With regional offices strategically located worldwide, it supports customers including DHL, Schenker, Agility, UTI and Geodis-Wilson. Additional information about Four Soft is available at www.four-soft.com
Four Soft offer a full suite of web-native products across the logistics supply chain. This includes 4S eTrans for freight forwarding and logistics, 4S eLog for extended warehouse management, 4S VisiLog & 4S VisiLog plus for track & trace, visibility and supply-chain management, 4S eCustoms for customs brokerage, 4S iShipping for shipping line execution and 4S eConnect for business-to-business connectivity.
For more information please contact
Praveen Gavuji
Four Soft Limited.,
Mobile: +91 99480 99688
Tel: +91 40 66873034
Email: praveen.g@four-soft.com
Sonal Chawla
Adfactors PR Pvt Ltd
Mobile: +91 9711306364
Tel: +91 11 40565100
Email: sonal.chawla@adfactorspr.com
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Four Soft successfully implements 4S eTrans® at Writer Logistics.
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Hyderabad, October 27, 2009
Four Soft Limited, India (NSE: "FOURSOFT", BSE: 532521), a global leader offering software solutions for transportation and logistics, today announced that its flagship product 4S eTrans® has successfully gone live at multiple locations of Writer Logistics -One of the major Freight forwarding Companies in India.
Writer Logistics provides end to end logistics solutions for its clients across the globe and also offers comprehensive freight forwarding solutions to a cross section of corporates across India and is the business division of Writer Corporation. Writer Corporation has been the No.1 Relocation Company in India and among the top Ten in the world with regard to tonnage. It has earned its distinction as the second largest provider of cash and movement services across India within 5 years of entering the arena. Keeping abreast with technological advancement in the science of document & record management, it has captured over 50% of the market share in Information Management in India.
Rakesh Kumar Munigala, VP & Head-Asia, Four soft, commented," We are greatly pleased with having accomplished a successful implementation of our advanced freight forwarding application 4S eTrans at multiple locations of Writer Logistics. We are sure that Writer Logistics will start benefiting from this implementation in terms of streamlined business processes, greater customer satisfaction and helps them to tremendously reduce the costs through improved utilization and productivity of assets"
Writer Logistics needed a Global Freight forwarding application built on the modern technology platform that would cater to the specific needs of its global customers. This was keeping in mind the aggressive plans of the Writer Logistics as a business & Writer Group as a whole for major overseas expansions. Lowering overall maintenance cost, integration of their systems and scalability of their global operations had been the important factors for them to consider replacing their legacy systems with Four Soft's application. Cost effective global implementation support was another critical reason to implement Four Soft's Solution.
Alex Mathew, Business Head - International Business, commented "thus on the successful implementation, "The implementation of 4S eTrans® has standardized our business processes. We expect substantial productivity increases associated with the implementation of this new freight forwarding application as a result of its global standardization, low maintenance cost and improved data quality to support our global customers. Since the application is scalable to our operations we would also want to increase the number of users depending on our growing business needs in India and integrating them with our overseas operating locations in the near future."
4S eTrans® is Four Soft's web centric Freight Management System capable of handling Air, Sea, Road and multi modal transport management services. Built on J2EE platform with a native browser interface, 4S eTrans® is designed to provide the modern day logistics operators with operational and financial control over their day to day, order to cash process of the domestic and international freight movements. Equipped with an integrated freight accounting module and interface capabilities with external accounting systems, 4S eTrans provides a scalable and flexible Freight Management solution.
About Four Soft Limited
Four Soft is a CMMI Level 3 certified and a Public listed company providing innovative software solutions and IT consultancy services exclusively for the freight, transportation, logistics and supply-chain management market place. It is the market leader in the transportation and logistics segment with a large international client base including the majority of the top transportation & logistics companies in the world. With regional offices strategically located worldwide, it has its software development centre in the HITEC city of Hyderabad, India. The company has large customers including DHL, Schenker, Agility, UTI and Geodis-Wilson. Additional information about Four Soft is available at www.four-soft.com
Four Soft offers a full suite of web-native products across the logistics supply chain. This includes 4S eTrans for freight forwarding and logistics, 4S eLog for warehouse management, 4S VisiLog & 4S VisiLog Plus for track & trace, visibility and supply-chain management, 4S eCustoms for customs brokerage, 4S iShipping for shipping line execution and 4S eConnect for business-to-business connectivity.
For more information please contact
Praveen Gavuji
Four Soft Limited.,
Mobile: +91 99480 99688
Tel: +91 40 66873034
Email: praveen.g@four-soft.com
Ritika Kar
Adfactors PR Pvt Ltd
Mobile: +91 97116-306380
Tel: +91 11 40565100 -Ext: 154
Email: ritika.kar@adfactorspr.com
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Four Soft signs new contract with Smart Logistics
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Hyderabad, October 16, 2009
Four Soft Netherlands BV, a subsidiary of Four Soft Limited, India (NSE: "FOURSOFT", BSE: 532521), is pleased to announce that it has signed a new contract with Smart Logistics BV, Netherlands, to automate its freight forwarding operations by implementing 4S eTrans SME at its multiple locations. Smart Logistics is the Netherlands based freight forwarding company which provides full integrated freight forwarding services and total logistics solutions to its customers.
4S eTrans SME is a complete, freight forwarding system, designed to automate, streamline and support the multi-modal international freight forwarding operations. It provides the logistics industry with a flexible and complete software solution to manage business efficiently, increase productivity and improve the overall service to their customers.
"It was imperative for us to invest in a good IT application to automate our freight forwarding operations, provide transparency and timely access to business information for decision making and better customer service. Four Soft has worked very closely with us to fully understand the needs of our business to deliver a cost effective system that is easy for our staff to use whilst providing us with improved management information," said Walther de Mari at Smart Logistics. "Four soft has demonstrated a flexible approach, value for money and the technical expertise to deliver and support a system that would meet our needs for many years to come."
Simon Shore, VP-European sales, Four soft, commented, "We are delighted to have been chosen by Smart Logistics. The solution that we will implement is an example of a cost-effective freight forwarding system that will deliver significant business benefits to our customer in a very timely manner. We absolutely feel that this implementation will facilitate Smart logistics stay ahead of their competition and provides improved faster service to its customers."
About Four Soft Limited
Four Soft is a CMMI level 3 certified and a Public listed company which provides innovative software solutions and IT consultancy services exclusively for the transportation, logistics and supply-chain management market place. It is the market leader in the transportation and logistics segment with a large international client base including the majority of the top transportation & logistics companies in the world. With regional offices strategically located worldwide, it has its software development centre in the HITEC city of Hyderabad, India. The company has large customers including DHL, Schenker, Agility, UTI and Geodis-Wilson. Additional information about Four Soft is available at www.four-soft.com
Four Soft offers a full suite of web-native products across the logistics supply chain. This includes 4S eTrans for freight forwarding and logistics, 4S eLog for warehouse management, 4S VisiLog & 4S VisiLog Plus for track & trace, visibility and supply-chain management, 4S eCustoms for customs brokerage, 4S iShipping for shipping line execution and 4S eConnect for business-to-business connectivity.
For more information please contact
Praveen Gavuji
Four Soft Limited.,
Mobile: +91 99480 99688
Tel: +91 40 66873034
Email: praveen.g@four-soft.com
Ritika Kar
Adfactors PR Pvt Ltd
Mobile: +91 97116-306380
Tel: +91 11 40565100 -Ext: 154
Email: ritika.kar@adfactorspr.com
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Four Soft successfully implements 4S eLog at Calderhead, UK
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Hyderabad, September 22, 2009
Four Soft (4S) (NSE: "FOURSOFT", BSE: 532521), a global leader offering software solutions for transportation and logistics, announced that it's Warehouse Management Software 4S eLog® has gone live at multiple locations of Calderhead Refrigerated Transport and Coldstore's temperature controlled warehousing.
Four Soft's warehouse management software, 4S eLog, executed through its subsidiary Four Soft UK Limited has been implemented as a hosted solution for Calderhead from Four Soft's Datacenter in Nottingham, UK. Calderhead is a leading logistics service provider which provides temperature controlled warehousing and transport solutions to a range of food manufacturers handling both raw materials and finished goods on behalf of their customers from their base in Redditch.
Calderhead required a modern warehouse management solution that would be able to rotate stock according to manufactured and expiration dates, a system able to automatically calculate their storage and handling charges (billing) and provide their customers with web access to their own stock levels along with being able to place orders electronically.
Mark Blackburn, General Manager, Calderhead, commented, "We have been greatly impressed with how the project has been managed, particularly given the tight time schedule. We are even more happy with the continued support from Four Soft in rolling out the software. We knew that we needed to work with the best IT solution supplier that could offer us flexible and robust system for our warehouse operations. Four Soft's well established footprint in the industry and understanding of our goals made it easy for us to provide the best service to our customers."
"We are very sensitive to our customers' demands. So we needed a Solution that was flexible and capable of adapting on moment's notice. Four Soft met that challenge easily and effectively," he added.
Dave Pickburn, Vice President, Four Soft UK Ltd, commented "we were happy to be given the opportunity to implement 4S eLog and this has been a challenging and important project for us. We are greatly pleased with having accomplished a successful implementation of our advanced WMS offering at a low cost for our customer. This has been a rapid implementation which kept the costs low and to a minimum. My compliments to both the teams at Calderhead and Four Soft. Furthermore this solution will facilitate Calderhead in staying ahead of their competition and in providing improved and faster service to its customers."
4S eLog built on the modern technology platform - J2EE, covers all aspects of warehouse management including multiple sites and multiple clients being managed from within a single environment. 4S eLog has full RF capabilities and offers web visibility to clients, their customers and their suppliers. With optional automated inbound and outbound processing and workflow management, 4S eLog will help manufacturing, distribution and 3PL companies move their products with greater efficiency through their warehouse facilities to their customers' locations.
About Four Soft
Four Soft is a CMMI level 3 certified and a public listed company and provides innovative software solutions and IT consultancy services exclusively for the logistics and supply-chain management market place. It is the market leader in the transportation and logistics segment with a large international client base including the majority of the top transportation & logistics companies in the world. With regional offices strategically located worldwide, it supports customers including DHL, Schenker, Agility, UTI and Geodis-Wilson. Additional information about Four Soft is available at www.four-soft.com
Four Soft offer a full suite of web-native products across the logistics supply chain. This includes 4S eTrans for freight forwarding and logistics, 4S eLog for warehouse management, 4S VisiLog & 4S VisiLog Plus for track & trace, visibility and supply-chain management, 4S eCustoms for customs brokerage, 4S iShipping for shipping line execution and 4S eConnect for business-to-business connectivity.
For more information please contact
Praveen Gavuji
Four Soft Limited.,
Mobile: +91 99480 99688
Tel: +91 40 66873034
Email: praveen.g@four-soft.com
Ritika Kar
Adfactors PR Pvt Ltd
Mobile: +91 97116-306380
Tel: +91 11 40565100 -Ext: 154
Email: ritika.kar@adfactorspr.com
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Four Soft inks deal with Panafresh to
Implement 4S eTrans SME
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Hyderabad, September 08, 2009
Four Soft Limited (4S) (NSE: "FOURSOFT", BSE: 532521), a global leader offering software solutions for transportation and logistics industry, is pleased to announce that its subsidiary Four Soft Netherlands BV has signed a contract with Panafresh Logistics BV, Netherlands, to automate its freight forwarding operations by implementing 4S eTrans SME across its locations. One of the emerging Netherlands based 3PL logistics company, Panafresh Logistics BV, offers high-quality, cost-effective logistics solutions for exporters and importers.
4S eTrans SME is a complete freight forwarding system designed to automate, streamline and support the multi-model international freight forwarding operations. It provides the logistics industry with a flexible and comprehensive software solution to manage business efficiently, increase productivity and improve the overall service to their customers.
"It was imperative for us to invest in a good IT application to automate our freight forwarding operations, provide transparency and timely access to business information for decision making and better customer service." said Mr. Disseldorp, Director, Panafresh Logistics BV"After evaluating many applications, we chose Four Soft as our Strategic IT partner and 4S eTrans SME for its strong functionality related to the standard freight forwarding operations. It is a direct fit to our requirements, with little customization efforts. We are sure that this implementation would help us provide enhanced service to our customers and collaborates effectively with our agents."
"We are pleased that our domain expertise in this area has led Panafresh to choose us to automate its freight forwarding systems and manage the growing complexities of its business," said Mr. Richard Gralike, Managing Director, Four Soft Netherlands BV. "We are committed to creating value for Panafresh in this engagement and look forward to a long and mutually-rewarding relationship."
About Four Soft Limited
Four Soft is a CMMI level 3 certified and a public listed enterprise product company providing innovative software solutions and IT consultancy services exclusively for the freight, transportation, logistics and supply-chain management market place. It is the market leader in the transportation and logistics segment with a large international client base including the majority of the top transportation & logistics companies in the world. With regional offices strategically located worldwide, it has its software development centre in the HITEC city of Hyderabad, India. The company has large customers including DHL, Schenker, Agility, UTI and Geodis-Wilson. Additional information about Four Soft is available at www.four-soft.com
Four Soft offers a full suite of web-native products across the logistics supply chain. This includes 4S eTrans for freight forwarding and logistics, 4S eLog for warehouse management, 4S VisiLog & 4S VisiLog Plus for track & trace, visibility and supply-chain management, 4S eCustoms for customs brokerage, 4S iShipping for shipping line execution and 4S eConnect for business-to-business connectivity.
For more information please contact
Praveen Gavuji
Four Soft Limited.,
Mobile: +91 99480 99688
Tel: +91 40 66873034
Email: praveen.g@four-soft.com
Ritika Kar
Adfactors PR Pvt Ltd
Mobile: +91 97116-306380
Tel: +91 11 40565100 -Ext: 154
Email: ritika.kar@adfactorspr.com
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Four Soft increases Europe Focus; Appoints new Sales head for European Region |
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Hyderabad, August 11, 2009
Four Soft Limited (4S) (NSE: "FOURSOFT", BSE: 532521), a global leader offering software solutions for transportation and logistics, today announced that in order to bring enhanced focus to growing European market the company has appointed Simon Shore as the new Sales Head for Europe. Four soft sees a huge market opportunity for the IT Logistics solutions across Europe and is ramping up sales operations to realize the same.
Simon will be responsible for sales of 4S Products in various deliveries and deployments including the flagship new technology applications in Europe. Simon brings 10 years of experience in supply chain IT solutions and has served in various EMEA Director roles for Red Prairie, LIS and Kewill Logistics. At Red Prairie, Simon was the Managing Director of the International Trade and Customs practice, having already served as Head of EMEA Services for WMS and Commercial Director.
Prior to working in the supply chain he worked for 10 years in the Manufacturing sector, including implementing ERP solutions.
Commenting on the appointment, Mr. Rajshekhar Roy, CEO, Four Soft Limited stated, "Simon, through his experience and hands-on expertise, has the capability to lead the growth of four soft in Europe and further strengthen our leadership position, as we move forward in achieving our business objectives in the Europe."
In his present capacity as the European sales head for the company, Simon will be in charge of driving business and increasing Four Soft's footprint in Europe by forging new alliances and targeting newer segments.
Talking about his new goals after coming on board, Mr. Simon Shore said, "I look forward to working with Four Soft. The company's strong brand in the global logistics market makes it a truly exciting business to be involved. The European market presents us with immense business development opportunities and we envision strong growth here."
About Four Soft Limited
Four Soft is a CMMI level 3 certified and a public listed company which provides innovative software solutions and IT consultancy services exclusively for the logistics and supply-chain management market place. It is the market leader in the transportation and logistics segment with a large international client base including the majority of the top transportation & logistics companies in the world. With regional offices strategically located worldwide, it supports customers including DHL, Schenker, Agility, UTI and Geodis-Wilson.
Additional information about Four Soft is available at www.four-soft.com
Four Soft offers a full suite of web-native products across the logistics supply chain. This includes 4S eTrans for freight forwarding and logistics, 4S eLog for warehouse management, 4SVisiLog & 4SVisiLog Plus for track & trace, visibility and supply-chain management, 4S eCustoms for customs brokerage, 4S iShipping for shipping line execution and 4S eConnect for business-to-business connectivity.
For more information please contact
Praveen Gavuji
Four Soft Limited.,
Mobile: +91 99480 99688
Tel: +91 40 66873034
Email: praveen.g@four-soft.com
Bhawna Sharma
Adfactors PR Pvt Ltd
Tel: +91 11 40565100 -Ext: 161
Email: bhawna.sharma@adfactorspr.com |
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Four soft wins contract form Unique Global Logistics |
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Hyderabad, July 30, 2009
Four Soft (4S) (NSE: "FOURSOFT", BSE: 532521), a global leader offering software solutions for transportation and logistics, announced today that Unique Global Logistics Pvt Ltd has selected its freight forwarding application 4S eTrans® to be implemented across its multiple locations.
Unique Global Logistics private Limited (UGL) is one of the fastest growing India based Logistics Company and is promoted by the Eastern and Allied cargo group. UGL caters to the needs of the key industries like Oil and gas, Wind Energy, Marine logistics, Infrastructure & Power. UGL concentrates on services with Integrated Logistic products like end to end Project Logistics Management, Freight forwarding, Shipping and Marine Agency services, transportation, Custom clearance, Equipment management, Shore base, port operations, Sea and Air Chartering.
Pavithran M Kallada Managing Director, Unique Global Logistics, said "Scaling up of IT operation is critical to our success in scaling up our business operations. We are confident that implementation of Four Soft's 4S eTrans will support us in realizing our ambitions. They understand our objectives and requirements completely to architect a solution that would help UGL achieve its goals. The ability to take this solution live in a short time span also contributed to the decision. Four Soft definitely brings in the right depth and mix of experience across logistics and IT expertise necessary for us to improve business controls and deliver added value to our customers."
UGL required a 'real time', freight forwarding solution to automate and manage its logistics operations at their multiple sites. Four soft's 4S eTrans® is designed to provide UGL with operational and financial control over their day to day, order to cash process of the domestic and international freight movements. Equipped with an integrated freight accounting module and interface capabilities with external accounting systems, 4S eTrans will provide UGL a scalable and flexible freight management solution.
Rakesh Kumar Munigala, VP & Head-Asia, Four soft Ltd, said "We are delighted to welcome Unique Global Logistics as Four Soft's latest TMS customer. We believe our domain knowledge and experience in implementing transportation and logistics systems with leading 3PLs and our strong TMS solution will provide superior results for Unique Global and its customers. With this implementation, Unique Global will have a powerful tool to support the rapid expansion of their freight forwarding operations."
4S eTrans® is Four Soft's web centric Freight Management System capable of handling Air, Sea, Road and multi modal transport services. Built on J2EE platform with a native browser interface, 4S eTrans® works across multiple companies / branches and department and helps in giving the hierarchical control over the operations and management control over accounts and reports. eTrans is truly scalable with around 1000 users and 100 locations across India.
About Four Soft Limited
Four Soft is a public listed and CMMI level 3 certified company which provides innovative software solutions and IT consultancy services exclusively for the logistics and supply-chain management market place. It is the market leader in the transportation and logistics segment with a large international client base including the majority of the top transportation & logistics companies in the world. With regional offices strategically located worldwide, it supports customers including DHL, Schenker, Agility, UTI and Geodis-Wilson.
Additional information about Four Soft is available at www.four-soft.com
Four Soft offer a full suite of web-native products across the logistics supply chain. This includes 4S eTrans for freight forwarding and logistics, 4S eLog for extended warehouse management, 4S VisiLog & 4S VisiLog Plus for track & trace, visibility and supply-chain management, 4S eCustoms for customs brokerage, 4S iShipping for shipping line execution and 4S eConnect for business-to-business connectivity.
For more information please contact
Praveen Gavuji
Four Soft Limited.,
Mobile: +91 99480 99688
Tel: +91 40 66873034
Email: praveen.g@four-soft.com
Bhawna Sharma
Adfactors PR Pvt Ltd
Tel: +91 11 40565100 -Ext: 161
Email: bhawna.sharma@adfactorspr.com |
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Four soft successfully implements 4SeTrans® at PTTPL, Thailand |
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Hyderabad, July 03, 2009
Four Soft Limited, India (NSE: "FOURSOFT", BSE: 532521), today announced PTT Polymer Logistics Company Limited, a company of PTT Group, Thailand, has implemented Four Soft's Global Freight Forwarding Solution - 4S eTrans, to help manage and consolidate its Freight Forwarding Operations. 4S etrans will go live across PTTPL's locations in Thailand.
"We are happy to announce the successful implementation of this project. We are sure that this implementation will enable PTTPL to give another level of visibility to its customers and helps them to tremendously reduce the costs through improved utilization and productivity of assets", said Rakesh Kumar Munigala, Vice President & Head - Asia, Four Soft Limited. "This implementation will strengthen PTTPL's leadership position as it provides improved service to its customers." he further added.
PTT Polymer Logistics Company Limited is one of the leading and a fully integrated gas company engaged in the marketing and trading of various crude oil and refined petroleum products, with investments in the petrochemical and refining industries. Its business activities include the exploration for the development and production of natural gas, condensate and crude oil through its subsidiaries; the procurement, transmission, processing, marketing and distribution of natural gas and gas products; the marketing of refined products through various distribution channels including commercial, retail, reseller and international markets, and the import and export of crude oil, condensate, petroleum feedstock and petrochemical products.
PTTPL required a Solution that would enable them to move their hazardous cargo in a timely and efficient manner with visibility across the entire supply chain of PTT. They also needed a Solution that would integrate the disparate systems of PTT and provide them a simple, transparent and efficient solution for receiving product dispatch data via EDI for international & domestic fetching data from the setup masters created in four soft's freight forwarding application of 4S eTrans or from masters available in other systems and port invoicing information into PTT's financial system, with a view to save on financial transactions, time and manual intervention.
Supachoke Liamkaeo, Managing Director, PTTPL, said "We were assessing a software solution that would simplify our operations and improves the productivity to provide effective service to our customers. We chose Four Soft for its proven expertise in providing and implementing such solutions across multiple customer locations. We appreciate the efforts of Four Soft for the successful implementation of a well designed, web-based asset tracking and transportation system and we are sure that it would tremendously help us to improve our customer service and further cut costs for our customers."
4S eTrans® is Four Soft's web centric Freight Management System capable of handling Air, Sea, Road and multi modal transport management services. Built on J2EE platform with a native browser interface, 4S eTrans® is designed to provide the modern day logistics operators with operational and financial control over their day to day, order to cash process of the domestic and international freight movements. Equipped with an integrated freight accounting module and interface capabilities with external accounting systems, 4S eTrans provides a scalable and flexible Freight Management solution.
About Four Soft Limited
Four Soft is a CMMI level 3 company which provides innovative software solutions and IT consultancy services exclusively for the logistics and supply-chain management market place. Four Soft is the market leader in the transportation and logistics segment with a large international client base including the majority of the top transportation & logistics companies in the world. With regional offices strategically located worldwide, it supports customers including DHL, Schenker, Agility, UTI and Geodis-Wilson. Additional information about Four Soft is available at www.four-soft.com
Four Soft offer a full suite of web-native products across the logistics supply chain. This includes 4S eTrans for freight forwarding and logistics, 4S eLog for warehouse management, 4S VisiLog & 4S VisiLog Plus for track & trace, visibility and supply-chain management, 4S eCustoms for customs brokerage, 4S iShipping for shipping line execution and 4S eConnect for business-to-business connectivity.
For more information please contact
Praveen Gavuji
Four Soft Limited.,
Mobile: +91 99480 99688
Tel: +91 40 66873034 Ext:3034
Email: praveen.g@four-soft.com
Bhawna Sharma
Adfactors PR Pvt Ltd
Tel: +91 11 40565100 -Ext: 161
Email: bhawna.sharma@adfactorspr.com |
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Four Soft posts profits of Rs 44.72 crore
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FY09 Results
- Operating Revenues at Rs 194.59 crore
- EBIDTA at Rs 67.73 crore
- PBT at Rs. 59.56
- PAT at Rs 44.72 crore
- EPS on face value of Rs. 5 each of Rs 11.60
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Operational Highlights for the year
- 24 new customer additions during 2008-09, including 5 large deals
- Good traction in the shipping/ carriers market
- Strengthens its position in the domestic market
- Successful implementation of the flagship products at several prestigious customer locations.
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Hyderabad, June 19, 2009
Four Soft (4S) (NSE: "FOURSOFT", BSE: 532521), a global leader offering software solutions for transportation and logistics industry, reported its consolidated financial results for the quarter and financial year ended March 31, 2009. The company has recorded operating revenues of Rs 194.59 crore for FY09, an increase of 13.44% as compared to Rs 171.53 crore in FY08. The EBITDA was at Rs 67.73 crore against 27.03 in last financial year, however current year profit included Rs. 10.06 crore of currency fluctuation gain and Rs. 21.08 crore from a unique transaction involving sale of customer-specific legacy software solution to an existing customer on non- exclusive basis.
"The last fiscal has witnessed organic growth and successful deliveries. FourSoft gained by remaining focused on improving efficiencies and helping customers deploy cost effective solutions" says Mr. Rajshekhar Roy, CEO, Four Soft Ltd. "We will explore more geographies and will keep widening our market reach to achieve healthy results." he added.
The company has established itself in the domestic market by adding 6 customers in the last one year and also hopes to further strengthen its presence by penetrating deeper into the Indian transportation and logistics industries.
Mr. Biju S Nair, CFO, Four Soft Ltd, said, "We have effected cost efficiencies without impacting growth drivers. The sustained profitable growth is a testimony to the success of the initiatives that Foursoft has embarked upon to optimize operational efficiencies and cost reduction. Significant cash inflows in last financial year have made us a financially strong organization."
Forward-Looking Statements:- This report contains forward -looking statements, which may be identified by their use of words like 'plans', 'expects', 'will', 'anticipates', 'believes', 'intends', 'projects', 'estimates' or other words of similar meaning. All statements that address expectations or projections about the future, including but not limited to statements about the company's strategy for growth, market position, expenditures, and financial results, are forward -looking statements. Forward -looking statements are based on certain assumptions and expectations of future events. The company cannot guarantee that these assumptions and expectations are accurate or will be realized. The company's actual results, performance or achievements could thus differ materially from those projected in any such forward - looking statements. The company assumes no responsibility to publicly amend, modify or revise any forward looking statements, on the basis of any subsequent developments, information or events.
About Four Soft Limited
Four Soft is an Enterprise Product company providing innovative software solutions and IT consultancy services exclusively for the freight, transportation, logistics and supply-chain management market place. It is the market leader in the transportation and logistics segment with a large international client base including the majority of the top transportation & logistics companies in the world. With regional offices strategically located worldwide, it has its software development centre in the HITEC city of Hyderabad, India. The company has large customers including DHL, Schenker, PWC Logistics, UTI and Geodis-Wilson. Additional information about Foursoft is available at www.four-soft.com
Four Soft offers a full suite of web-native products across the logistics supply chain. This includes 4S eTrans for freight forwarding and logistics, 4S eLog for warehouse management, 4S VisiLog & 4S VisiLog Plus for track & trace, visibility and supply-chain management, 4S eCustoms for customs brokerage, 4S iShipping for shipping line execution and 4S eConnect for business-to-business connectivity.
For more information please contact
Geniya Banerjee
Four Soft Limited.,
Mobile: +91 98666 65680
Email: geniya.b@four-soft.com
Bhawna Sharma
Adfactors PR Pvt Ltd
Tel: +91 11 40565100 -Ext: 161
Email: bhawna.sharma@adfactorspr.com |
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Four Soft successfully achieves CMMI level 3 certification |
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Hyderabad, June 30, 2009
Four Soft Limited (4S) (NSE: "FOURSOFT", BSE: 532521), a global leader offering software solutions for transportation and logistics, announced that the company has been appraised as fully compliant at Maturity Level 3 with Carnegie Mellon's Software Engineering Institute's (SEI) Capability Maturity Model(R) Integration for Development (CMMI(R)) Version 1.2.
The Standard CMMI Appraisal Method for Process Improvement (SCAMPI A) was conducted for the Project Management, Engineering and Support functions at Four Soft Limited at its Head Quarters. The appraisal was conducted by Cyber Q, a SEI Partner, and the results were announced after the SEI completed its audit processes.
"The CMMI Level 3 certification marks an important milestone in the journey towards excellence." said Mr. Raj Shekhar Roy, CEO, Four Soft Limited. "Achieving SEI's CMMI Level 3 Certification is testimony to Foursoft's continued commitment to providing the highest quality products and services to our customers around the world. It is also a important endorsement of our processes, systems and capabilities that enable us to deliver value to customers."
This achievement corresponds to a "defined" level of maturity, where processes are described and applied by the whole organization and clearly indicates a high level of process maturity achieved by the global leader in transportation and supply chain management solutions. This further demonstrates Four Soft's ability and its ongoing commitment to provide the highest quality of products and services to its customers worldwide.
The successful CMMi appraisal indicates that the processes which are being followed to develop Four Soft products are not only just managed but also well defined. Certification of CMMI Level 3 indicates that the software processes for both management and engineering activities are standardized and well documented. It further helps the company to promote and achieve the Product cost, Schedule, Functionality and Quality as its goals with a view to providing its customers with an ever ending satisfaction.
CMMI is becoming the reference for assessing the maturity of a company's processes, by comparing their level with the sector average. CMMI is also useful for planning improvements to a Company's applications and systems processes.
Mr. Mahaboob Hussain, vice President-Technology & Process, Four soft Ltd said "CMMI provides a basis for planning improvements to business processes and helps achieve target performance measures on cost, schedule, productivity, quality and customer satisfaction. Our customers receive consistently high levels of support and product quality from across the organization. This will result in higher customer satisfaction."
About Four Soft Limited
Four Soft is a CMMI level 3 company which provides innovative software solutions and IT consultancy services exclusively for the logistics and supply-chain management market place. It is the market leader in the transportation and logistics segment with a large international client base including the majority of the top transportation & logistics companies in the world. With regional offices strategically located worldwide, it supports customers including DHL, Schenker, Agility, UTI and Geodis-Wilson. Additional information about Four Soft is available at www.four-soft.com
Four Soft offer a full suite of web-native products across the logistics supply chain. This includes 4S eTrans for freight forwarding and logistics, 4S eLog for warehouse management, 4S VisiLog & 4S VisiLog Plus for track & trace, visibility and supply-chain management, 4S eCustoms for customs brokerage, 4S iShipping for shipping line execution and 4S eConnect for business-to-business connectivity.
For more information please contact
Geniya Banerjee
Four Soft Limited.,
Mobile: +91 98666 65680
Email: geniya.b@four-soft.com
Bhawna Sharma
Adfactors PR Pvt Ltd
Tel: +91 11 40565100 -Ext: 161
Email: bhawna.sharma@adfactorspr.com |
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Four Soft wins contract from UK's leading pharmaceutical distribution company
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Hyderabad, June 18, 2009
Four Soft (4S) (NSE: "FOURSOFT", BSE: 532521), a global leader offering software solutions for transportation and logistics, announced today that Polar Speed Distribution Ltd (UK) has selected 4S eLog® to optimize its management of their temperature controlled, pharmaceutical distribution warehouses throughout the UK. The contract will be serviced through Four Soft's UK subsidiary Four Soft UK Ltd.
Polar Speed is one of the UK's premier temperature controlled pharmaceutical distributors and ranks number one in the UK for flu vaccine distribution. The company is completely focused on the needs of pharmaceutical market and operates in full conformity with Good Distribution Practice (GDP), is licensed by both the Medicines and Healthcare Products Regulatory Agency (MHRA) and the Home Office, and is ISO9001:2000 accredited.
Being open to any kind of client auditing and following Standard Operating Procedures (SOPS) for all aspects of their warehousing and distribution, Polar Speed required a 'real time', barcode scanning WMS solution to control their multiple sites. 4S eLog will provide them with complete warehouse traceability and location management for each stage of their warehousing function. Specific requirements included extensive batch traceability, quarantining functionality along with real time interfaces to both SAP and Sage to improve customer relations and speed of processing orders.
Richard Holmes, General Manager, Polar Speed, said "After an extensive tender process which began with ten WMS suppliers, we selected Four Soft as our strategic warehousing IT partner as we felt their understanding of our business processes and the solution they proposed was the best fit for our requirements. Four Soft brings the right depth and mix of experience across logistics and IT necessary for us to improve business controls and deliver added value to our customers."
Dave Pickburn, Vice President, Four soft UK Ltd, said "We are delighted to welcome Polar Speed as Four Soft's latest WMS customer and are grateful for the positive feedback received following their extensive tender process. Polar Speed's decision to work with Four Soft speaks volumes about the capability of the platform and demonstrates that 4S eLog is the solution for organizations that face complex challenges. With this implementation, Polar Speed will have a powerful tool to support their warehouse operations."
4S eLog built on the modern technology platform - J2EE, covers all aspects of warehouse management including multiple sites and multiple clients being managed from within a single environment. 4S eLog has full RF capabilities and offers web visibility to clients, their customers and their suppliers. With optional automated inbound and outbound processing and workflow management, 4S eLog will help manufacturing, distribution and 3PL companies move their products with greater efficiency through their warehouse facilities to their customers' locations.
About Four Soft Limited
Four Soft provide innovative software solutions and IT consultancy services exclusively for the logistics and supply-chain management market place. It is the market leader in the transportation and logistics segment with a large international client base including the majority of the top transportation & logistics companies in the world. With regional offices strategically located worldwide, it supports customers including DHL, Schenker, Agility, UTI and Geodis-Wilson.
Additional information about Four Soft is available at www.four-soft.com
Four Soft offer a full suite of web-native products across the logistics supply chain. This includes 4S eTrans for freight forwarding and logistics, 4S eLog for warehouse management, 4S VisiLog & 4S VisiLog Plus for track & trace, visibility and supply-chain management, 4S eCustoms for customs brokerage, 4S iShipping for shipping line execution and 4S eConnect for business-to-business connectivity.
About Polar Speed Distribution Ltd
Polar Speed Distribution Limited (PSDL) was formed in 1996 to provide a specialist cold chain rapid response distribution service across the UK.In 1998 PSDL has won the first major Pharmaceutical National Distribution contract from Pasteur Merieux MSD, now Sanofi Pasteur MSD. Since then PSDL have accelerated the growth in the Pharma market and many other leading pharmaceutical clients have chosen Polar Speed as their exclusive UK cold chain distributor. Additionally the company has expanded its business base in 2008 to include temperate products (+15 to +25 degrees C) within its distribution portfolio. A few of the many Clients who contract with PSDL include Sanofi Aventis, Abbott Laboratories, Cardinal Health, Jannsen-Cilag, Novartis and Pfizer. For additional information about Polar speed please visit www.polarspeed.com
For more information please contact
Praveen Gavuji
Four Soft Limited.,
Mobile: +91 99480 99688
Email: praveen.g@four-soft.com
Bhawna Sharma
Adfactors PR Pvt Ltd
Tel: +91 11 40565100 -Ext: 161
Email: bhawna.sharma@adfactorspr.com |
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Foursoft bags new deal from Flyjac
To implement 4S VisiLog across multiple locations globally |
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Hyderabad, June 09, 2009
Four Soft (4S) (NSE: "FOURSOFT", BSE: 532521), a global leader offering software solutions for transportation and logistics industry, today announced that it has signed a contract with Flyjac Logistics Private Limited (Flyjac), Mumbai, for implementation of its purchase order management software, 4S VisiLog across Flyjac's multiple locations and its agents located around the globe. Flyjac is an existing client of Four Soft and is one of the largest logistics company in India, with offices and agents across the world.
4S VisiLog is a web based collaborative portal for logistics service providers that would help them to track shipments of their partners, customers and vendors. This will equip Flyjac with a single system providing a comprehensive view of the status of their goods, from origin to destination, against their purchase orders, through a secure and easily accessible internet-based interface.
R. Kumaran, Chief Information Officer Flyjac, commented, "Four Soft has been our strategic IT partner for freight forwarding system (4S eTrans) and warehouse management system (4S eLog) and these systems are being used successfully by us over the last 8 years to process the shipments, warehouse and inventory management. With the same confidence in 4S systems we move forward in the new product implementation of 4S VisiLog.we are sure that this would help us provide enhanced service to our customers and collaborates effectively with our agents and customers.4S VisiLog will be interfaced with 4S eTrans for real time visibility of the shipments. This will help us to retrieve the purchase order details and status from the system by authorized users and expedite the shipment processing. We will also be able to provide timely data, alerts and reports to our customers thru this collaborative portal."
Mr. Rakesh Kumar Munigala, Vice President & Head-Asia, Four Soft, said, "Flyjac is one of our first Indian customers and we understand their business very well owing to our longstanding working relationship with them. This would enable us to implement 4S VisiLog and we are sure that this implementation helps Flyjac give another level of visibility to its customers through collaboration with their various business partners and agents. Further more this solution will facilitate Flyjac stay ahead of their competition and provides improved faster service to its customers."
About Flyjac Logistics Pvt Ltd
Flyjac Logistics Pvt Ltd is a global logistics player with presence in 40 countries including 26 offices in India. They are also the Ground Handling Agent for AAI at New Delhi and Amristar.
For more information, please visit http://www.flyjaclogistics.com
About Four Soft Limited
Four Soft is an Enterprise Product company providing innovative software solutions and IT consultancy services exclusively for the freight, transportation, logistics and supply-chain management market place. It is the market leader in the transportation and logistics segment with a large international client base including the majority of the top transportation & logistics companies in the world. With regional offices strategically located worldwide, it has its software development centre in the HITEC city of Hyderabad, India. The company has large customers including DHL, Schenker, Agility, UTI and Geodis-Wilson. Additional information about Four Soft is available at www.four-soft.com.
Four Soft offers a full suite of web-native products across the logistics supply chain. This includes 4S eTrans for freight forwarding and logistics, 4S eLog for warehouse management, 4S VisiLog & 4S VisiLog Plus for track & trace, visibility and supply-chain management, 4S eCustoms for customs brokerage, 4S iShipping for shipping line execution and 4S eConnect for business-to-business connectivity.
For more information please contact
Praveen Gavuji
Four Soft Limited.,
Mobile: +91 99480 99688
Email: praveen.g@four-soft.com
Bhawna Sharma
Adfactors PR Pvt Ltd
Tel: +91 11 40565100 -Ext: 161
Email: bhawna.sharma@adfactorspr.com |
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Four Soft eCustoms™ SAGITTA approved by Netherlands authorities
To result in increased customer traction for end to end transportation |
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Hyderabad, May 20, 2009
Four Soft Limited (4S) (NSE: "FOURSOFT", BSE: 532521), a global leader offering software solutions for transportation and logistics industry, today announced that its web-based software solution 4S eCustoms™ SAGITTA has been certified by the Netherlands customs authorities, for Sagitta Import and Export compliance. This has been achieved by intense testing efforts between Four Soft's and the Netherlands customs applications. All the modules of 4S eCustoms™ SAGITTA are designed to meet the national and local proactive regulatory customs filing, compliance and documentation requirements of freight forwarders, logistics providers, and customs brokerage companies.
Mr. Rajshekhar Roy, CEO, Four Soft commented, "This is an important milestone for us and we hope to see beneficial effects in terms of increased customer traction, particularly in the Netherlands. Four Soft solutions are widely acknowledged across the globe and with the certification for Sagitta Customs compliance we are strongly positioned to capitalize on the local markets. He further added, "We are focusing on getting the certification for our customs applications designed for other regions."
Sagitta is an automated declaration platform for handling custom affairs for Import and Export shipments in the Netherlands. Later last year Four Soft's Customs software for EU Customs also got certified successfully for The New Computerized Transit System (NCTS) which is an EU-wide computer system that enables traders to submit Community, Common Transit (CT) declarations electronically for community movement.
Earlier this year, Four Soft's customs software for US customs, 4S eCustoms™ AES (Automated Export System) had also obtained government certification for its online import and export customs filing. All the above software applications can be used as a stand-alone system or together with other freight forwarding applications, for customs filing activities. These applications are designed to enable easy data-sharing between the logistics, freight forwarding ERP systems and customs service partners with a simple interface enabled between them and the government customs systems. Benefits of implementing these applications include reduction of buffer stocks - owing to better importing processes, informed sourcing decision, and reduction of import duties due to appropriate product classification and to ensure user compliance with the protocols.
Four soft has been ranked as one of the fastest growing Asian companies by Deloitte Touche Tohmatsu Asia Pacific.
Mr. Richard Gralike, MD, Four Soft Netherlands BV commented, "4S eCustoms™ now definitely offers a compelling value proposition to customs brokers and freight forwarders in this region and we look forward to winning new deals with this certification backing this product."
About Four Soft Limited
Four Soft is an Enterprise Product company providing innovative software solutions and IT consultancy services exclusively for the freight, transportation, logistics and supply-chain management market place. It is the market leader in the transportation and logistics segment with a large international client base including the majority of the top transportation & logistics companies in the world. With regional offices strategically located worldwide, it has its software development centre in the HITEC city of Hyderabad, India. The company has large customers including DHL, Schenker, Agility, UTI and Geodis-Wilson. Additional information about Four Soft is available at www.four-soft.com.
Four Soft offers a full suite of web-native products across the logistics supply chain. This includes 4S eTrans for freight forwarding and logistics, 4S eLog for warehouse management, 4S VisiLog & 4S VisiLog Plus for track & trace, visibility and supply-chain management, 4S eCustoms for customs brokerage, 4S iShipping for shipping line execution and 4S eConnect for business-to-business connectivity.
For more information please contact
Praveen Gavuji
Four Soft Limited.,
Mobile: +91 99480 99688
Email: praveen.g@four-soft.com
Bhawna Sharma
Adfactors PR Pvt Ltd
Tel: +91 11 40565100 -Ext: 161
Email: bhawna.sharma@adfactorspr.com |
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Four Soft successfully implements WMS software at Midl Integrated Logistics B.V., The Netherlands |
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Hyderabad, May 14, 2009
Four Soft Limited (4S) (NSE: "FOURSOFT", BSE: 532521), a global leader offering software solutions for transportation and logistics industry, recently completed implementation of its Warehouse Management Software - 4S eLog through its subsidiary Four Soft Netherlands B.V. at Midl Integrated Logistics B.V. (Midl), a Netherlands based freight forwarding and third party (3PL) logistics company, with an established international network, covering various geographical locations. Midl has been partnering with Four Soft for its various software requirements for more than a decade now.
Midl is a logistics service provider focused on supplying warehousing, distribution and supply chain management services to its customers throughout The Netherlands, USA and UK. The group is expanding rapidly and has become a major player in the Netherlands, specializing in this field. Apart from storage services, they also offer repacking and assembling services to its customers, including assembling of hardware within their warehouse in order to localize them for a specific country or a specific configuration. To support its rapid expansion plans, complex operations and ever growing customer needs, Midl signed a contract with Four Soft recently to implement 4S eLog. Visibility and transparency were the two important features which Midl was looking for in addition to the regular inbound and outbound warehousing activities. It also needed a system which offers cell division instead of an organization with many layers, to manage its multiple customers using their warehouse.
Earlier this month, 4S eLog was implemented at Midl's locations successfully. With little customization and integration with 4S eTrans SME (multi-modal Transportation Management System from Four Soft, which is running successfully at Midl), the new system has started providing better transparency and visibility for the warehouse. With most of its processes being streamlined through this successful implementation, Midl can now concentrate on its expansion plans.
Mr. Kees Dinnessen, Managing Director of Midl b.v. Integrated Logistics, commented, "We were burdened with complex warehousing operations, owing to our customers' varied business needs and did not want to further burden our staff with a complex software application to handle the day-to-day operations. We choose 4S eLog over other systems, owing to its simple yet powerful functionality. We are sure we will start reaping benefits in terms of operational efficiencies and quicker ROI in a short period of time."
Mr. Richard Gralike, Managing Director, Four Soft Netherlands BV said, "We have successfully deployed several applications at Midl and we are sure they will start benefitting from this implementation as well in terms of streamlined business processes, greater customer satisfaction and reduction in inventory holding costs. Some of our software systems which were implemented long ago are still running successfully in Midl's locations."
4S eLog, the WMS product offering from Four Soft, built on current technology platform - J2EE, covers the logistics environment from factory to consumer, allows multiple warehouses and multiple clients to be managed from within a single environment, has RF capabilities and offers visibility to clients, their customers and their suppliers, as well as across warehouses and clients. By implementing 4S eLog at Midl, all the inbound and outbound warehouse operations were automated and eliminated the manual environment.
About Four Soft Limited
Four Soft is an Enterprise Product company providing innovative software solutions and IT consultancy services exclusively for the freight, transportation, logistics and supply-chain management market place. It is the market leader in the transportation and logistics segment with a large international client base including the majority of the top transportation & logistics companies in the world. With regional offices strategically located worldwide, it has its software development centre in the HITEC city of Hyderabad, India. The company has large customers including DHL, Schenker, Agility, UTI and Geodis-Wilson. Additional information about Four Soft is available at www.four-soft.com.
Four Soft offers a full suite of web-native products across the logistics supply chain. This includes 4S eTrans for freight forwarding and logistics, 4S eLog for warehouse management, 4S VisiLog & 4S VisiLog Plus for track & trace, visibility and supply-chain management, 4S eCustoms for customs brokerage, 4S iShipping for shipping line execution and 4S eConnect for business-to-business connectivity.
For more information please contact
Praveen Gavuji
Four Soft Limited.,
Mobile: +91 99480 99688
Email: praveen.g@four-soft.com
Bhawna Sharma
Adfactors PR Pvt Ltd
Tel: +91 11 40565100 -Ext: 161
Email: bhawna.sharma@adfactorspr.com |
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Four Soft inks deal with Prime Cargo, The Netherlands |
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Hyderabad, May 11, 2009
Prime Cargo Netherlands BV, a Netherlands based freight forwarding company has selected Four Soft's integrated freight forwarding solution - 4S eTrans SME, to rationalize and automate its freight forwarding processes. The contract was executed through Four Soft Netherlands BV, a subsidiary of Four Soft Limited, India (NSE: "FOURSOFT", BSE: 532521).
4S eTrans SME is a complete, tailored freight forwarding system, designed to automate, streamline and support the multi-modal freight forwarding operations. It provides the logistics industry with a flexible and complete software solution to manage business efficiently, increase productivity and improve the overall service to their customers.
The new solution, 4S eTrans SME, will allow Prime Cargo consolidate its multi-modal services, worldwide. This will also enable them to enhance collaboration between customers and agents, minimize transaction costs and improve visibility and monitoring of goods throughout the entire export and import processes. The transactional data is shared across business functions, which reduces processing time and business costs, and minimizes the errors due to automated processes and minimal manual intervention.
Mr. Norman de Vos, Managing Director of Prime Cargo Netherlands said, "As part of our strategic goals and objectives, investing in IT is deemed as an important aspect to support and manage our day-to-day operations, allowing the Management to focus on areas like increasing the customer base through more customer acquisitions and also to reduce the costs significantly. The new solution fits into our functional processes and we hope to increase productivity of our staff, by eliminating manual processes while executing the shipments. Like any other organization, customer satisfaction is our motto and we are sure, we will be able to provide better and quicker customer service after the implementation of the solution."
Mr. Richard Gralike, Managing Director, Four Soft Netherlands BV commented, "Prime Cargo is one of the leading and prestigious freight forwarding and logistics companies in The Netherlands, which offers unique, specialized services to its customers worldwide. We are very thrilled to partner with them for their IT needs. With our expertise and skills in implementing 4S eTrans SME for several years now, we are sure this implementation will aid Prime Cargo focus on managing and growing their business."
The implementation of this project will commence shortly, with the go-live scheduled for July 2009.
About Four Soft Limited
Four Soft is an Enterprise Product company providing innovative software solutions and IT consultancy services exclusively for the freight, transportation, logistics and supply-chain management market place. It is the market leader in the transportation and logistics segment with a large international client base including the majority of the top transportation & logistics companies in the world. With regional offices strategically located worldwide, it has its software development centre in the HITEC city of Hyderabad, India. The company has large customers including DHL, Schenker, Agility, UTI and Geodis-Wilson.
Additional information about Four Soft is available at www.four-soft.com.
Four Soft offers a full suite of web-native products across the logistics supply chain. This includes 4S eTrans for freight forwarding and logistics, 4S eLog for warehouse management, 4S VisiLog & 4S VisiLog Plus for track & trace, visibility and supply-chain management, 4S eCustoms for customs brokerage, 4S iShipping for shipping line execution and 4S eConnect for business-to-business connectivity.
For more information please contact
Praveen Gavuji
Four Soft Limited.,
Mobile: +91 99480 99688
Email: praveen.g@four-soft.com
Bhawna Sharma
Adfactors PR Pvt Ltd
Tel: +91 11 40565100 -Ext: 161
Email: bhawna.sharma@adfactorspr.com |
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Four Soft wins another contract from Midl Logistics BV |
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Hyderabad, April 21, 2009
Four Soft Limited (4S) (NSE: "FOURSOFT", BSE: 532521), a global leader offering software solutions for transportation and logistics industry, is pleased to announce that its subsidiary Four Soft Netherlands BV, has recently secured a contract with Midl b.v. Integrated Logistics (Midl) to implement its connectivity solution - 4S eConnect, to exchange order information between Midl and its customers.
Midl b.v. Integrated Logistics is a Netherlands based freight forwarding and third party (3PL) logistics company, with an established international network, covering various geographical locations. Midl has been using Four Soft's applications - 4S eTrans SME (freight forwarding application) and 4S eLog (warehouse management system) for quite some time now. Both the applications are running successfully at Midl's locations.
Mr. Kees Dinnessen, Managing Director of Midl b.v. Integrated Logistics, commented on the deal, "We selected 4S eConnect to act as an interface between 4S eLog and SAP system being used by one of our customers, to aid exchange of data between these systems. We are confident, by providing interface between these systems, we will be able to streamline our order management, enhance business productivity and provide quicker customer service. We hope to start using the new system by end of April 2009."
Mr. Richard Gralike, Managing Director, Four Soft Netherlands BV said, "This is our third contract with Midl and we are excited at the opportunity to partner with them once again. We have acquired rich experience by working with them closely on the earlier projects and earned their trust by implementing the software applications successfully. With this implementation, 4S will help Midl process the purchase orders of its customer, quickly and accurately."
4S eConnect is a business integration system that accommodates a diverse range of information flow from multiple applications. It also facilitates multiple layers of communications ensuring that information is transmitted to the appropriate channels. When complemented by the 4S eConnect Server, it will manage a variety of transactions and processes in real-time.
4S eConnect bridges the gaps between business processes, databases, technologies, communication layers and software systems. It is an essential component for business enterprises managing disparate systems but requiring an integrated interface to oversee the operations as a holistic entity. It offers connectivity from any source to all participants in the supply-chain with information in various formats that can be delivered in batch or real-time anywhere, anytime. This connectivity tool allows small and large operations to work seamlessly together based on their own respective levels of technology, because business rules are self contained and separate from software rules. Secondly, the business rules and software rules are interchangeable so that business rules built on one technology Platform can be used with different mediums like XML or EDI. The advantages are that, changes and application upgrades at one point of several nodes in the supply-chain will automatically be updated in the entire network.
About Four Soft Limited
Four Soft is an Enterprise Product company providing innovative software solutions and IT consultancy services exclusively for the freight, transportation, logistics and supply-chain management market place. It is the market leader in the transportation and logistics segment with a large international client base including the majority of the top transportation & logistics companies in the world. With regional offices strategically located worldwide, it has its software development centre in the HITEC city of Hyderabad, India. The company has large customers including DHL, Schenker, Agility, UTI and Geodis-Wilson. Additional information about Four Soft is available at www.four-soft.com.
Four Soft offers a full suite of web-native products across the logistics supply chain. This includes 4S eTrans for freight forwarding and logistics, 4S eLog for warehouse management, 4S VisiLog & 4S VisiLog Plus for track & trace, visibility and supply-chain management, 4S eCustoms for customs brokerage, 4S iShipping for shipping line execution and 4S eConnect for business-to-business connectivity.
For more information please contact
Anuradha Vinay
Four Soft Limited.,
Mobile: +91 98498 00656
Email: anu.vinay@four-soft.com
Bhawna Sharma
Adfactors PR Pvt Ltd
Tel: +91 11 40565100 -Ext: 161
Email: bhawna.sharma@adfactorspr.com |
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Four Soft announces successful implementation at Rohlig in Poland |
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Hyderabad, March 23, 2009 Four Soft (4S) (NSE: "FOURSOFT", BSE: 532521), a global leader offering software solutions for transportation and logistics industry, is pleased to announce the successful deployment of its warehouse management software application - 4S elog at Rohlig Poland, a highly reputed freight
forwarder and integrated logistics company in Poland.
The test run at Rohlig Poland has yielded positive results and they have started using the software in live environment from the second week of January 2009. Rohlig Poland, in its Poznan warehouse, is using
4S eLog to support two of its customers now and targets to automate the processes of its other warehouse customers by end of February 2009. The implementation of the new warehouse management software will trigger dramatic improvements for Rohlig Poland, including real time processing of orders, streamlined procedures, enhanced warehouse management capabilities, reduced errors and increased productivity.
Rohlig Poland has been a long term client of Four Soft, who has been using CIEL and TWS applications (legacy products of Four Soft). To fulfill its rapidly expanding business, it was mandatory to modernize its traditional operations. They were looking out for a modern, easy to maintain, cost effective warehouse solution that works on new technologies to replace their existing product and chose 4S eLog. A contract for the implementation of the 4S eLog was signed in 2008, and by January 2009, Rohlig Poland went live with the new implemented system.
4S eLog built on the modern technology platform - J2EE, covers the logistics environment from factory to consumer, allows multiple warehouses and multiple clients to be managed from within a single environment, has RF capabilities and offers visibility to clients, their customers and their suppliers, as well as across
warehouses and clients. With forecasting ability and extensive automation, the new warehouse management software system will help manufacturing, distribution companies, as well as 3PL companies move their products more quickly through their warehouse facilities to their customers’ locations. Expected benefits include accurate operational efficiencies, reduce inventory holding costs and quick returns/ ROI.
Mr. Wojciech Sasiadek, IT Manager of Rohlig Poland commented, "Implementation of a new system is always a big challenge and we are delighted with the successful implementation of 4S eLog across our facilities. This project was executed without any major hiccups and did not hamper our day-to-day operations, during the implementation process. With an automated warehouse facility in place, we can look forward to accurate inventory levels, reduction of manual processes, audit trails, visibility of information and quicker customer services.”
Mr. Dave Pickburn, Sr. Vice President, Four Soft, Europe commented, “We have been associated with Rohlig Poland for more than a decade now and we were happy to be given the opportunity to implement 4S elog in this challenging and important project. Our technology expertise coupled with industry knowledge of the 3PL industry and successful implementations across various customers’ sites has provided us an ideal opportunity to help make Rohlig Poland more advanced than its competitors and to better manage its operations. Participation in this project has further expanded the expertise of our specialists. This implementation will act as a spring board for us to sign more customers and equip them to compete in this difficult economic climate.”
He also added, “I would like to thank our Sales & Implementation partner in Poland, M/s Comp-win who was instrumental in closing this account and its Project Manager - Szymon Milanowski who aided us in executing a seamless implementation for Rohlig Poland . My special thanks to all the team members who have worked very hard to make this implementation a great success.”
About Rohlig Poland
Rohlig Poland is a logistics provider operating on the international logistics and forwarding market. Rohlig Poland is part of the international Group Rohlig & Co., with traditions reaching back to 1852 and with more than 200 offices worldwide.
In Poland, the company operates since 1990. Presently, it is running 16 sales-operations offices in main business centers in Poland and rendering logistics operations on more than 100,000 m2 warehouse space. Rohlig Poland employees about 600 employees.
Cooperating with hand-picked p artners in Europe and Rohlig Group present in every continent, Rohlig Poland renders a wide scope of services: air & sea freight, railroad freight, international roadfreight and domestic distribution as well as customs clearance and complex logistics services.
Combining advantages of different means of transportation, Rohlig Poland handles complex orders basing our services on multimodal transportation, offering advantages of added value.
About Four Soft Limited
Four Soft is an Enterprise Product company providing innovative software solutions and IT consultancy services exclusively for the freight, transportation, logistics and supply-chain management market place. It is the market leader in the transportation and logistics segment with a l arge international client base including the majority of the top transportation & logistics companies in the world. With regional offices strategically located worldwide, it has its software development centre in the HITEC city of Hyderabad, India. The company has large customers including DHL, Schenker, Agility, UTI and Geodis-Wilson.
Additional information about Four Soft is available at www.four-soft.com.
Four Soft offers a full suite of web-native products across the logistics supply chain. This includes 4S eTrans for freight forwarding and logistics, 4S eLog for warehouse management, 4S VisiLog & 4S VisiLog Plus for track & trace, visibility and supply-chain management, 4S eCustoms for customs brokerage, 4S iShipping for shipping line execution and 4S eConnect for business-to-business connectivity.
For more information please contact
Anuradha Vinay
Four Soft Limited.,
Mobile: +91 98498 00656
Email: anu.vinay@four-soft.com
Bhawna Sharma
Adfactors PR Pvt Ltd
Tel: +91 11 40565100 -Ext: 161
Email: bhawna.sharma@adfactorspr.com |
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Four Soft wins WMS contract from Calderhead, UK |
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Hyderabad, April 08, 2009
Four Soft (4S) (NSE: "FOURSOFT", BSE: 532521), a global leader offering software solutions for transportation and logistics, is pleased to announce that it has recently signed a contract with Calderhead Refrigerated Transport, UK, to implement its warehouse management system - 4S eLog, in Calderhead's temperature controlled warehousing operation.
The UK based company provides temperature controlled warehousing and transport solutions to a range of food manufacturers handling both raw materials and finished goods on behalf of their customers from their base in Redditch.
Calderhead required a modern warehouse management solution that would be able to rotate stock according to manufactured and expiration dates, a system able to automatically calculate their storage and handling charges (billing) and provide their customers with web access to their own stock levels along with being able to place orders electronically.
Mark Blackburn, General Manager of Calderhead commented, "We needed a WMS system which would expand our service offering to customers and provide a solid base on which the business can grow. We also intend to use the system as a marketing tool to attract new business and retain existing customers. After evaluating a number of solutions we selected 4S eLog as it matched our requirements 'off the shelf' and their hosted software as service option gives us ultimate flexibility."
Dave Pickburn, Senior Vice President, Four Soft Europe commented, "We pride ourselves on offering turn key solutions for customers and welcome Calderhead as the latest customer to require our hosted 'software as a service' WMS delivery option. Having the solution hosted from our UK Data Centre has allowed Calderhead to concentrate on running their business by allowing Four Soft professionals to handle all other aspects of the implementation and on-going maintenance of their system."
4S eLog built on the modern technology platform - J2EE, covers all aspects of warehouse management including multiple warehouses and multiple clients to be managed from within a single environment. 4S eLog has full RF capabilities and offers web visibility to clients, their customers and their suppliers. With forecasting ability and extensive automation, 4S eLog will help manufacturing, distribution and 3PL companies move their products more efficiently through their warehouse facilities to their customers' locations.
About Four Soft Limited
Four Soft is an Enterprise Product company providing innovative software solutions and IT consultancy services exclusively for the freight, transportation, logistics and supply-chain management market place. It is the market leader in the transportation and logistics segment with a l arge international client base including the majority of the top transportation & logistics companies in the world. With regional offices strategically located worldwide, it has its software development centre in the HITEC city of Hyderabad, India. The company has large customers including DHL, Schenker, Agility, UTI and Geodis-Wilson.
Additional information about Four Soft is available at www.four-soft.com.
Four Soft offers a full suite of web-native products across the logistics supply chain. This includes 4S eTrans for freight forwarding and logistics, 4S eLog for warehouse management, 4S VisiLog & 4S VisiLog Plus for track & trace, visibility and supply-chain management, 4S eCustoms for customs brokerage, 4S iShipping for shipping line execution and 4S eConnect for business-to-business connectivity.
For more information please contact
Anuradha Vinay
Four Soft Limited.,
Mobile: +91 98498 00656
Email: anu.vinay@four-soft.com
Bhawna Sharma
Adfactors PR Pvt Ltd
Tel: +91 11 40565100 -Ext: 161
Email: bhawna.sharma@adfactorspr.com |
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Four Soft posts three fold rise in profits |
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Financials at a glance for the quarter ended December 31, 2008
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Revenues |
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Rs.476 million (19% YoY) |
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EBIDTA |
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Rs.184 million (149% YoY) |
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PBT |
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Rs.165 million (259% YoY) |
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PAT |
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Rs.107 million (197% YoY) |
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- 6 new customers signed across geographies
- Strategic wins in this quarter include two large logistics companies in India
- Successful implementation of the flagship products at several prestigious customer locations
- Lean Management being implemented in Four Soft Operations to increase productivity
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Hyderabad, January 28, 2009 Four Soft (4S) (NSE: "FOURSOFT", BSE: 532521), a global leader offering software solutions for transportation and logistics industry, today announced strong financial results for its quarter ended December 31, 2008. The PAT before exceptional items grew to Rs.107 million for the quarter ended December 31, 2008, as compared to Rs. 36 million in the corresponding quarter last year.
The revenues were Rs. 476 million for the quarter ended as compared to Rs. 401 million in the corresponding quarter last year.
The quarter has seen a significant jump in profits due to combination of new sales and increased client mining, improved operational efficiency by increased offshoring to India, favorable currency movements and cost reduction. The company has recorded Rs. 1,510 million in sales and a PBT of Rs. 583 million for the first nine months of the year against Rs. 1,290 million and Rs. 108 million respectively in corresponding period of last year.
The Company has established itself in the domestic market by adding 7 customers in the last one year and also hopes to further strengthen its presence by penetrating deeper into the Indian transportation and logistics industries.
Mr. Biju S Nair, CFO, Four Soft Ltd said, "Four Soft is witnessing a strong growth in profits for last one year. Four Soft has started reaping benefits of acquisition synergies after successful integration. We have consolidated our operations to bring in better operating margins supported by strong financial position.
"Mr. Rajshekhar Roy, CEO added, "Four Soft has been able to enhance delivery capabilities which has resulted in improved customer satisfaction. We have also been able to increase our product sales in the different geographies despite the slowdown witnessed globally. Adoption of Lean Management principles in our operations will help in better profitability from the next quarter."
About Four Soft Limited
Four Soft is an Enterprise Product company providing innovative software solutions and IT consultancy services exclusively for the freight, transportation, logistics and supply-chain management market place. It is the market leader in the transportation and logistics segment with a large international client base including the majority of the top transportation & logistics companies in the world. With regional offices strategically located worldwide, it has its software development centre in the HITEC city of Hyderabad, India. The company has large customers including DHL, Schenker, PWC Logistics, UTI and Geodis-Wilson.
Additional information about Four Soft is available at www.four-soft.com.
Four Soft offers a full suite of web-native products across the logistics supply chain. This includes 4S eTrans for freight forwarding and logistics, 4S eLog for warehouse management, 4S VisiLog & 4S VisiLog Plus for track & trace, visibility and supply-chain management, 4S eCustoms for customs brokerage, 4S iShipping for shipping line execution and 4S eConnect for business-to-business connectivity.
For more information please contact
Anuradha Vinay
Four Soft Limited.,
Mobile: +91 98498 00656
Email: anu.vinay@four-soft.com
Bhawna Sharma
Adfactors PR Pvt Ltd
Tel: +91 11 40565100 -Ext: 161
Email: bhawna.sharma@adfactorspr.com |
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Four Soft signs contract with Noordex BV to implement 4S eTrans SME |
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Hyderabad, 24 February, 2009 Four Soft Netherlands BV, a global leader in software solutions for transportation and logistics verticals and a subsidiary of Four Soft Limited, India, has signed a contract with Noordex BV, to deploy its freight forwarding software - 4S eTrans SME across Noordex BV's multiple locations in The Netherlands.
Four Soft's 4S eTrans SME is a freight forwarding application which has integrated multi-modal modules bundled in a single application. With the help of this application, the freight forwarders as well as their customers will be able to have end-to-end visibility of their shipments instantaneously. It also features like single-time data entry, export and import document management, EDI interfaces with customs and multi-countries / multi-branch access.
Mr. Jacques van den Berg, President, Noordex BV, Rotterdam, commented on the deal, "We are proud to partner with Four Soft, the world's most recognized brand and are aware of its track record of successful implementations, through the market. Owing to our staff's busy schedules, we needed a system which has rich functionality, but at the same time, is easy to implement and processes the shipments without much manual intervention and 4S eTrans SME fitted our requirement perfectly. We will start using the new system hopefully by March first week, this year. We are embarking on this project to radically reduce our operating costs, speed up the turnaround time to process the shipments and reduce manual processes at various stages of the lifecycle of the shipments.
Mr. Richard Gralike, Managing Director, Four Soft, The Netherlands said, "We are excited to be associated with a prestigious company like Noordex BV. We have till date, successfully executed more than 100 implementations of 4S eTrans SME, at various global locations and are sure Noordex BV's staff will find our system very user-friendly to work on, to process the shipments and to aid them perform day-to-day operations smoothly. As a result of this implementation, we are confident Noordex BV will be able to operate with greater efficiency, substantially reduce its operating costs, realize its ROI in a short period of time and offer them a competitive edge over the other players."
About Noordex BV
Noordex BV was established in 1960 and is a reputable freight forwarding / 3PL company in The Netherlands, offering air/sea/road freight, customs clearance and host of other related services. It operates independently and specializes in Ro/Ro and unconventional services as well as oversized and project cargo, mainly with contracts for the entire Middle-East, the African Continent and Asia. Noordex BV is a subsidiary of Cyber Freight International and an adding to the Cyber Freight group services.
About Four Soft
Four Soft is an Enterprise Product company providing innovative software solutions and IT consultancy services exclusively for the freight, transportation, logistics and supply-chain management market place. It is the market leader in the transportation and logistics segment with a large international client base including the majority of the top transportation & logistics companies in the world. With regional offices strategically located worldwide, it has its software development centre in the HITEC city of Hyderabad, India. The company has large customers including DHL, Schenker, Agility, UTI and Geodis-Wilson.
Additional information about Four Soft is available at www.four-soft.com
Four Soft offers a full suite of web-native products across the logistics supply chain. This includes 4S eTrans for freight forwarding and logistics, 4S eLog for warehouse management, 4S VisiLog & 4S VisiLog Plus for track & trace, visibility and supply-chain management, 4S eCustoms for customs brokerage, 4S iShipping for shipping line execution and 4S eConnect for business-to-business connectivity.
For more information please contact
Anuradha Vinay
Four Soft Limited.,
Mobile: +91 98498 00656
Email: anu.vinay@four-soft.com
Bhawna Sharma
Adfactors PR Pvt Ltd
Tel: +91 11 40565100 -Ext: 161
Email: bhawna.sharma@adfactorspr.com |
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December 2006
November 20th, 2006 |
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October 23rd, 2006 |
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January 30th, 2006 |
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January 27th, 2006 |
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Four Soft Limited consolidates leadership in Logistics solution market, acquires Transaxiom |
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- Valuation of approximately US$ 10 million
- Annualized revenue of current operations of Transaxiom is around US$ 8 million
- Consolidates Four Soft's position in the transportation & logistics industry
- Strengthening of Scandinavian operations and expansion into Australia
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Hyderabad, December 20th 2006 Four Soft Limited (4S) (NSE: "FOURSOFT" BSE: 532521), a global leader in software solutions for transportation and logistics vertical, has entered into an Agreement to acquire 100% of the Denmark based Transaxiom Holding A/S, a global provider of transportation and logistics solutions.
The transaction value would be approximately US$ 10 m in a cash-and-stock deal with the payouts happening over the next 3 years based on performance. The definitive agreement has been signed between the two companies, and integration will start from 1st of January 2007. A joint team has been identified to work on various aspects of the integration process. Senior executives of both companies have reiterated their commitment and focus on executing this exercise seamlessly.
With this merger, Four Soft has consolidated its leadership position within Transportation and Logistics industry. The acquisition adds a number of strategic players in transportation and logistics to current customer base of 4S. In addition, the merger will augment 4S’s current domain and technology competence and expand global presence in Scandinavia, Australia and Hong Kong markets.
Kal Gangavarapu, COO, Four Soft Ltd said, acquisition of Transaxiom is an integral part of our value strategy of market consolidation and will provide 4S with strategic selling opportunities. Now our customers will derive greater returns from enhanced global footprint, from Australia to Americas, and business service integrated solutions.·/p>
Joergen W Nielsen, Chairman, Transaxiom said, he combined entity will have enhanced capability to deliver integrated products and specialized services globally. In addition, the acquisition is exceptional for the Logistics solution market as the consolidation will create a unique value proposition to the market and reduce the complexity and fragmentation of solutions used by the customers.·/p>
About Four Soft Limited
Four Soft is an enterprise solutions company providing innovative software products, exclusively for the freight, transportation, logistics and supply-chain management market place and also offers IT consultancy services. It is among the leaders in the transportation and logistics segment with a large international client base including the majority of the top transportation & logistics companies in the world. The Company adopts a global development and delivery model leveraging the engineering talent of India and the account management and delivery skills of its regional offices. The Company has large customers including DHL, Eagle Global Logistics (EGL), Kuehne+Nagel, Matsushita, Panasonic Logistics, Schenker and UTi. Additional information about Four Soft is available at http://www.four-soft.com.
About Transaxiom
Transaxiom provides IT solutions for International transportation and logistics services companies with its head quarters in Denmark and regional offices in Australia, UK, USA and Hong Kong. It has performed more than 325 installations spread across 79 countries. Its major customers include global giants like TNT Freight, DHL, EGL, Maersk Logistics, BAX Global, Blue Water Shipping and Andreas Andersen . Additional information on Transaxiom can be obtained from http://www.transaxiom.com
For further information, please contact
Rahul Ranjan Sinha - +91 9440897961
rahul.sinha@four-soft.com
Four Soft Limited
Rinki Saha/ Naini Roychoudhury - + 91 9820135827 / + 91 9819900135
rinki.saha@adfactorspr.com
naini.roychoudhury@adfactorspr.com
Adfactors PR |
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Four Soft Acquires Freight And Shipping Software Business of FWL Technologies |
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Mumbai, October 23rd 2006 Four Soft Limited (4S) (NSE: "FOURSOFT" BSE: 532521), a global leader in software solutions for transportation and logistics vertical, has entered into an Agreement to acquire the assets of the freight and shipping software business of FWL Technologies, UK through its wholly owned subsidiary Four Soft UK Ltd. in an all cash transaction. The acquisition of business includes IP, staff, customer contracts and business assets.
With this acquisition, 4S expands into the Shipping liner software business while further consolidating its coverage in the transportation and logistics vertical. It adds strong domain and technology teams based out of UK, India, Singapore and USA to Four Soft's current operations. The customer base will expand significantly to add shipping liner customers and take the employee strength to over 900.
Paul Griffin, outgoing-CEO of FWL Technologies commented that existing FWL clients get benefited by the global reach and new generation technologies of Four Soft
Speaking on the acquisition, Mr. Dave Pickburn, VP, UK & Scandinavia said, he has been the pioneer in bringing next generation technologies and products to the global logistics markets over the last few years. FWL established shipping liner and freight forwarding clients can now have access to Four Soft's proven global delivery capability and wide range of offerings
Dr. Kal Gangavarapu, COO at Four Soft explained in line with our domain centric strategy, this acquisition helps us further consolidate our leadership position in the transportation and logistics domain. This expansion enables us to offer a greater depth of domain and technology experience, which can only be good news for our clients.
About Four Soft Limited
Four Soft is an enterprise solutions company providing innovative software products, exclusively for the freight, transportation, logistics and supply-chain management market place and also offers IT consultancy services. It is among the leaders in the transportation and logistics segment with a large international client base including the majority of the top transportation & logistics companies in the world. The Company adopts a global development and delivery model leveraging the engineering talent of India and the account management and delivery skills of its regional offices. The Company has large customers including DHL, Kuehne+Nagel, Eagle Global Logistics (EGL), Schenker, Mastushita, Panasonic Logistics, UTi and Geodis. Additional information about Four Soft is available at http://www.four-soft.com.
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Four Soft H1 revenues grow 228% and profits grow 272%, Profit exceeds Rs.100 million |
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Highlights
Consolidated results for the half year ended September 30, 2006
- Income was Rs. 800.21million for the first half year ended September 30, 2006; growth of 228% over corresponding half year ended September 30 2005
- Net profit after tax was Rs. 100.20million for the first half year ended September 30, 2006; growth of 272% over corresponding half year ended September 30 2005
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Others
- DHL Global Mail, a business unit of Deutsche Post World Net, has selected the 4S iLogistics product suite as the platform to manage their day to day logistical operations
- Launched eTrans 2.1, the next version of its web-centric solution for transportation and freight industry
- Addition of 128 employees in the last quarter
- Significant breakthrough in closing new businesses with large existing clients
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Mumbai, October 20th 2006 Four Soft Limited (4S) (NSE: "FOURSOFT", BSE: 532521), A global leader in software solutions for transportation and logistics industries, has reported PAT of Rs. 100.20 million for the half year ended September 30, 2006 as compared to Rs. 26.96 million in the corresponding half last year. The revenues touched a new high of Rs. 800.21 million for the half year ended September 30, 2006 as compared to Rs. 243.43 million in the corresponding half last year.
Income was Rs.401.80 million and Net profit was Rs.49.65 million in the last quarter ended September 30, 2006. Four Soft with its focus on domain and cutting edge technology continues to attract the best talent in the industry. During the quarter the company added 128 new employees. The company continues to strengthen its core product development and delivery capabilities and has launched eTrans 2.1 the next version of its web-centric solution for transportation and freight industry.
Mr. Srikanth Palem, CEO & Managing Director, Four Soft Ltd. said,our strategy of focusing on customers and their business demands has begun bearing fruits and resulted into winning new business from large customers like DHL & Panasonic. About Four Soft Limited
Four Soft is an enterprise solutions company providing innovative software products, exclusively for the freight, transportation, logistics and supply-chain management market place and also offers IT consultancy services. It is among the leaders in the transportation and logistics segment with a large international client base including the majority of the top transportation & logistics companies in the world. The Company adopts a global development and delivery model leveraging the engineering talent of India and the account management and delivery skills of its regional offices. The Company has large customers including Eagle Global Logistics (EGL), DHL, Kuehne+Nagel, Schenker, Mastushita, Panasonic Logistics, UTi and Geodis. Additional information about Four Soft is available at http://www.four-soft.com
For further information contact
Biju Nair - +91 9866551812
nair.biju@four-soft.com
Four Soft Limited
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Four Soft launches the next version of its webcentric solution for transportation and freight industry
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4S eTrans gives operational and financial control of global & domestic freight movements from order to cash
- 4S eTrans helps in integration of technology seamlessly into customer operations
- Reduces both the running and implementation costs
- Flexible to support future changes in business operations
- Scalable to grow with business
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Hyderabad, October 13th 2006 Four Soft Limited (4S) (NSE: "FOURSOFT", BSE: 532521), a globally leading software solutions provider of transportation and logistics management, today announced the launch of version 2.1 of 4S eTrans to cater to the need of transportation and freight companies.
4S eTrans is the only web-centric application which can take care of multimodal shipments on a single integrated application. 4S eTrans is independent of platform & supports multiple databases. The application can be accessed from anywhere anytime through internet which helps in providing better customer service and lowering the maintenance cost. Also the centralized database architecture eliminates the need for multiple data entry improving efficiency and reduced data error.
Commenting on the launch of the advanced version of 4S eTrans, Mr Rakesh Kumar, VP Product Management, Four Soft Limited said, “We at 4S continue to invest in the R&D which helps in augmenting our products and keeps us miles ahead of our competitors. With this new version we are shifting from cutting edge technology to bleeding edge technology and are committed to exploit technology for simplifying the complexities of supply chain management.”
Developed on spring & Hibernate framework, 4S eTrans 2.1 has an improved GUI (Graphical User Interface), multiple search functionality, configurable menu system and enhanced reporting mechanism. Superior design of current release would help in better navigability resulting in increased productivity of end users.
About Four Soft Limited
Four Soft is an enterprise solutions company providing innovative software products, exclusively for transportation, logistics and supply-chain management market place and also offers IT consultancy services. It is the market leader in the transportation and logistics segment with a large international client base including majority of the top twenty Transportation & Logistics companies of the world. With regional offices strategically located around the world, it is well positioned to meet the demands of the global logistics market. The Company has large customers including DHL, Eagle Global Logistics (EGL), Frans Maas Europe, Geodis, Kuehne + Nagel, Maersk Logistics, PWC Logistics, Panasonic Logistics, S-Net Freight, Schenker, UTi, W.T. Limited. and Yusen Air & Sea Services.
Additional information about Four Soft is available at http://www.four-soft.com.
For further information contact
Rahul Ranjan Sinha - +91 9440897961
rahul.sinha@four-soft.com
Four Soft Limited
Rinki Saha/ Naini Roychoudhury - + 91 9820135827 / + 91 9819900135
rinki.saha@adfactorspr.com
naini.roychoudhury@adfactorspr.com
Adfactors PR |
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DHL Global mail to implement Four Soft's iLogistics Product suite |
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Hyderabad, August 22nd 2006 DHL Global Mail, a business unit of Deutsche Post World Net, has selected the 4S iLogistics product suite as the platform to manage their day to day logistical operations. iLogistics has been designed as a fully multinational system, having all the features required to be capable of being implemented in global organizations on a worldwide basis. This includes multi-company, multi-currency and multi-language features.
4S iLogistics will help DHL Global Mail to streamline its operational systems by helping their business to define data to be analyzed for advanced planning and improved enterprise visibility for efficient operations and enhanced analysis.
With Our best-in-class high performance solution having advanced ERP capabilities designed to perform the complex Supply chain operations we look forward to work with DHL on their worldwide rollout and helping them to achieve maximum return on their investment.·said Dr. Kalyan Gangavarapu, COO, Four Soft Ltd.
"We are very happy to work with 4SiLogistics. This will help us to improve our service quality to the benefit of our customer around the globe." said Mr. H. Froemmel, Project Leader DHL Global Mail.
About DHL Global Mail
Since its foundation in 1997 DHL Global Mail has undergone a dynamic development. Acquisitions in the USA, Australia and Europe have strengthened their global presence. With direct connections in more than 200 countries and 41 processing centres on four continents, they have the world's largest network for international mail services today.
DHL Global Mail is part of Deutsche Post World Net, the world's leading global express delivery and logistics company , more information can be found on www.dpwn.com or www.dhl-globalmail.com.
About Four Soft Limited
Four Soft is an enterprise solutions company providing innovative software products, exclusively for transportation, logistics and supply-chain management market place and also offers IT consultancy services. It is the market leader in the transportation and logistics segment with a large international client base including majority of the top twenty Transportation & Logistics companies of the world. With regional offices strategically located around the world, it is well positioned to meet the demands of the global logistics market. The Company has large customers including DHL, Eagle Global Logistics (EGL), Kuehne + Nagel, Schenker, PWC Logistics, Panasonic Logistics, UTi, Geodis, Frans Maas Europe, Yusen Air & Sea Services, S-Net Freight, W.T. Limited and Maersk Logistics.
Additional information about Four Soft is available at http://www.four-soft.com.
For further information contact
Rahul Sinha - +919440897961
rahul.sinha@four-soft.com
Four Soft Limited
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Four Soft Q1 revenues grow 8% and profits grow 46% sequentially |
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Highlights
Consolidated results for the half year ended June 30, 2006
- Income was Rs. 39.84 crore for the first quarter ended June 30, 2006; sequentially growth of 10%
- Net profit after tax was Rs. 5.05 crore for the quarter ended June 30, 2006; sequential growth of 46%
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Others
- Gross addition of 144 employees for the quarter by Four Soft and subsidiaries
- Gross addition of 144 employees for the quarter by Four Soft and subsidiaries
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Mumbai, July 27th 2006 Four Soft Limited (4S) (NSE: "FOURSOFT", BSE: 532521), one among the top global transportation and logistics software products and solutions companies, has reported PAT of Rs. 5.05 crore for the quarter ended June 30, 2006 as compared to Rs. 0.99 crore in the corresponding quarter last year. The revenues touched a new high of Rs. 39.84 crore for the quarter ended June 30, 2006 (Rs. 6.89 crore in Q1FY06).
The top ten clients contributed 68% of the revenue during the quarter. Four Soft with its focus on domain and cutting edge technology continues to attract the best talent in the industry. During the quarter the company added 144 new employees. The company continues to strengthen its core product development and delivery capabilities and is setting up a technology centre in Pune.
The integration of acquired operations are satisfactory and is ahead of schedule. Mr. Srikanth Palem, CEO & Managing Director, Four Soft Ltd. said, the company is all set to achieve the targets for the current financial year. This quarter results are very encouraging; we are strengthening our delivery capability and also venturing into new geographies like Japan for increased growth·
About Four Soft Limited
Four Soft is an enterprise solutions company providing innovative software products, exclusively for the freight, transportation, logistics and supply-chain management market place and also offers IT consultancy services. It is among the leaders in the transportation and logistics segment with a large international client base including the majority of the top transportation & logistics companies in the world. The Company adopts a global development and delivery model leveraging the engineering talent of India and the account management and delivery skills of its regional offices. The Company has large customers including Eagle Global Logistics (EGL), DHL, Kuehne+Nagel, Schenker, PWC Logistics, Panasonic Logistics, UTi and Geodis. Additional information about Four Soft is available at http://www.four-soft.com
For further information contact
Biju Nair - +91 9866551812
nair.biju@four-soft.com
Four Soft Limited
Piya Roy - +91 9820740379
chavneet@adfactorspr.com
Adfactors PR |
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Four Soft expands its global footprint with new office in Japan |
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Mumbai, July 21st 2006 Four Soft Limited (4S) (NSE: "FOURSOFT", BSE: 532521), an emerging Indian multinational and one of the world's leading transportation and logistics software product companies, today announced its plans to establish a business venture in Japan. 4S has registered a 100% wholly owned subsidiary Four Soft Japan KK in Japan.
This new office is expected to provide thrust in expanding 4S operations in Japan. 4S already has relationships with few large Japanese groups, having implemented sizeable projects for them, and is now in discussion with few other multi billion dollar companies to provide integrated logistics solutions. he see immense market potential for our product and services in Japan, the second largest IT market in the World today. We believe that our blend of domain knowledge, contemporary technologies and experience in implementing for global customers will be best suited for providing logistics solutions to the Japanese customers·said Mr. Srikanth Palem, CEO & Managing Director.
The opening of the new regional office is part of Four Soft’s ongoing expansion strategy and will reinforce the partnerships with its Japanese clients like Panasonic, Yusen etc. Dr. Kalyan Gangavarapu, COO, 4S said, “This new office will strengthen our networking as well as customer base in Asiatic region. It will focus primarily on programme management, sales and building strong relationships.”
About Four Soft Limited
4S is an enterprise solutions company, providing innovative software products, exclusively for transportation, logistics and supply-chain management market place and also offers IT consultancy services. It is the market leader in the transportation and logistics segment with a large international client base including majority of the top twenty Transportation & Logistics companies of the world. It has its software development centre in HITEC city of Hyderabad, India with products developed on three-tier web architecture. The Company has large customers including Eagle Global Logistics (EGL), DHL, Kuehne & Nagle, Schenkers, Panasonic Logistics, UTi, Frans Maas Europe, S-Net Freight, W.T. Limited and Frank-Lin Distilleries. Additional information about Four Soft is available at http://www.four-soft.com
For further information contact
Rahul Sinha - +91 9440897961
rahul.sinha@four-soft.com
Four Soft Limited
Sreedhar K. V. - +91 9848035385
sreedhar@adfactorspr.com
Adfactors PR
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Four Soft to establish technology centre in Pune
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Mumbai, July 12th 2006 Four Soft Limited (4S) (NSE: "FOURSOFT", BSE: 532521), An emerging Indian Multinational and the world's largest transportation and logistics software product company today announced its plans to establish a technology centre in Pune. The technology centre is likely to start functioning from 1st August 2006 onwards.
The technology centre is going to function on the company's core products using leading J2EE methodologies. 4S is venturing into a multi site software development, the integration & delivery of which will be done from Hyderabad.
Keeping in line with their expansion plans, they are planning to hire 200-300 professionals by the end of this year. Recently, 4S has added more space in their training centre in Hyderabad.
Mr. Srikanth Palem, CEO & Managing Director, 4S said, "Availability of skilled quality resources is one of the major reasons to open a technology centre in a strategic location like Pune. The availability of a good number of educational institutes and a better environment are the other major factor that will serve our growing needs."
Dr. Kalyan Gangavarapu, COO, 4S said, "In line with our new product strategy and integration plan of acquired entities we need to expand our team and facility to strengthen our J2EE products. We are also looking at business options to open technology centres in other global locations."
About Four Soft Limited
4S is an enterprise solutions company, providing innovative software products, exclusively for transportation, logistics and supply-chain management market place and also offers IT consultancy services. It is the market leader in the transportation and logistics segment with a large international client base including majority of the top twenty Transportation & Logistics companies of the world. It has its software development centre in HITEC city of Hyderabad, India with products developed on three-tier web architecture. The Company has large customers including Eagle Global Logistics (EGL), DHL, Kuehne & Nagle, Schenkers, Panasonic Logistics, UTi, Frans Maas Europe, S-Net Freight, W.T. Limited and Frank-Lin Distilleries. Additional information about Four Soft is available at http://www.four-soft.com
For further information contact
Rahul Sinha - +91 9440897961
rahul.sinha@four-soft.com
Four Soft Limited
Chavneet Arora - +91 9820165470
chavneet@adfactorspr.com
Adfactors PR |
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Four Soft's annual revenues grow 337%
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Mumbai, June 15th 2006 Four Soft Limited (4S) (NSE: "FOURSOFT", BSE: 532521), one among the top global transportation and logistics solutions companies, has reported PAT of Rs. 3.45 crore for the quarter ended March 31, 2006 as compared to a loss of Rs. 1.12 crore in the corresponding quarter last year. The revenues grew by 496% to touch a new high of Rs.36.9 crore for the quarter ended March 31, 2006 (Rs.6.2 crore in Q4FY05).
For the ended March 31, 2006, revenues have grown by 337 % to Rs. 94.8 crore compared to Rs.21.6 crore for the year ended March 31, 2005. The FY06 revenue numbers consider only 7-months of revenues from the latest acquisition (T&L division of DCS Group, Plc.). The Consolidated net profit for the year stood at Rs.6.3 crore compared to Rs.4.2 crore during last year. The EBIDTA for the year was Rs.13.0 crore compared to Rs.5.9 crore during last year.
The Board of Directors today approved the audited results of the Company for the year ended March 31, 2006. The Board recommended a 15% dividend.
Mr. Srikanth Palem, CEO & Managing Director, Four Soft Ltd. said, “The Company is on a strong footing. Our acquisitions have all been stabilised and are now kicking into the profit making mode. Considering the present order book, we believe that the profits seen during the last quarter are sustainable.”
About Four Soft Limited
Four Soft is an enterprise solutions company providing innovative software products, exclusively for the freight, transportation, logistics and supply-chain management market place and also offers IT consultancy services. It is among the leaders in the transportation and logistics segment with a large international client base including the majority of the top transportation & logistics companies in the world. The Company adopts a global development and delivery model leveraging the engineering talent of India and the account management and delivery skills of its regional offices. The Company has large customers including Eagle Global Logistics (EGL), DHL, Kuehne+Nagel, Schenker, PWC Logistics, Panasonic Logistics, UTi and Geodis. Additional information about Four Soft is available at www.four-soft.com
For further information contact
Biju Nair - +91 9866551812
nair.biju@four-soft.com
Four Soft Limited
Chavneet Arora - +91 9820165470
chavneet@adfactorspr.com
Adfactors PR |
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Four Soft strengthens management team Appoints Mr. Kalyan Gangavarapu as a Chief Operating Officer
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Mumbai, May 18th 2006 Four Soft (4S) ( NSE: "FOURSOFT", BSE: 532521), has announced the appointment of Mr. Kalyan Gangavarapu as the Chief Operating Officer (COO). 4S is the world's leading solution provider to the global transport & logistics marketplace. As COO Mr.Gangavarapu will have the regional heads of Asia, North America, UK/Scandinavia, Europe, and Global Accounts directly reporting to him. In addition, Kalyan will focus on bringing operational efficiency, introducing value based solutions, and building trusting client relationships.
In his 13 years of work experience in the IT industry, Kalyan has worked for global IT services organizations such as Accenture, Oracle, Infosys, and Wipro. He spent most of his time in the US during his career with a brief stint in South Korea, Japan, and UK. Kalyan has a Ph.D from the Harvard University and is also a recipient of “Award of Excellence” from Former President, Bill Clinton, Chairman of Infosys, Mr. Narayana Murthy and Chairman of Oracle, Larry Ellison.
“We are pleased to have Kalyan in our top management team. He brings to us a wealth of experience in IT services as well as relationships which will be a great asset to Four Soft’s business, says Mr. Srikanth Palem, CEO & Managing director, Four Soft Limited.
About Four Soft Limited
Four Soft is an enterprise solutions company providing innovative software products, exclusively for the freight, transportation, logistics and supply-chain management market place and also offers IT consultancy services. It is the market leader in the transportation and logistics segment with a large international client base including the majority of the top transportation & logistics companies in the world. With regional offices strategically located worldwide, it has its software development centre in HITEC city of Hyderabad, India. The Company has large customers including Eagle Global Logistics (EGL), DHL, Kuehne+Nagel, Schenker, PWC Logistics, Panasonic Logistics, UTi and Geodis.
Additional information about Four Soft is available at www.four-soft.com
For further information contact
Rahul Sinha - +91 9440897961
rahul.sinha@four-soft.com
Four Soft Limited
Chavneet Arora - +91 9820165470
chavneet@adfactorspr.com
Adfactors P |
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TNT Freight Management to implement Four Soft's iDRIVE business intelligence application
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Mumbai, April 03, 2006 TNT Freight Management, a market leading freight forwarding and logistics service provider, has selected Four Soft’s iDRIVE business intelligence application for their global operations. iDRIVE is a web-centric business intelligence application designed specifically to meet the needs of freight and logistics companies.
iDRIVE will help TNT Freight Mgmt streamline its operational systems by helping their global business to define data to be analyzed and information goals, resulting in improved enterprise visibility of performance reporting and statistical analysis. iDRIVE’s business intelligence application uses our configurable data model that is not industry dependent which gives iDRIVE the flexibility to work in all areas of the supply chain.
“iDRIVE will form a vital step in TNT's goal of providing strategic information at all levels of the organization. With iDRIVE, TNT will have the technology to set new standards in customer service, improve operational efficiency and flexibility, as the customers will have access in order to manage their own contracts” said Mr. Dave Pickburn, Vice President - UK & Scandinavia, Four Soft Ltd.
“In our evaluation of iDRIVE, we found it to be a scalable and flexible solution which is a good fit with our requirements. Four Soft’s track record of having implemented solutions globally will help us stay ahead in the industry by analyzing our business model and market trends” said Mr. Hakan Nilsson, CIO, TNT Freight Management.
About TNT Freight Management
TNT Freight Management provides air -, seafreight and logistics services within an international network and employs appr. 2300 people in 28 countries. TNT Freight Management has the competence to supply and combine freight services, information management and added value into integrated solutions.
The TNT Freight Managmement web site is: www.tntfreight.com
TNT Freight Management is part of the TNT group. TNT N.V. employs 161,000 people in 63 countries and serves over 200 countries. The TNT group web site is: www.tnt.com/group.
About Four Soft Limited
Four Soft is an enterprise solutions company providing innovative software products, exclusively for transportation, logistics and supply-chain management market place and also offers IT consultancy services. It is the market leader in the transportation and logistics segment with a large international client base including majority of the top twenty Transportation & Logistics companies of the world. With regional offices strategically located around the world and the main software development centre in HITEC city of Hyderabad, India it is well positioned to meet the demands of the global logistics market. With products developed on three-tier web architecture. The Company has large customers including Eagle Global Logistics (EGL), DHL, Kuehne + Nagel, Schenker, PWC Logistics, Panasonic Logistics, UTi, Geodis, Frans Maas Europe, Yusen Air & Sea Services, S-Net Freight, W.T. Limited and Maersk Logistics.
Additional information about Four Soft is available at http://www.four-soft.com.
For further information contact
Rahul Sinha - +91 9440897961
rahul.sinha@four-soft.com
Four Soft Limited
Chavneet Arora - +91 9820165470
chavneet@adfactorspr.com
Adfactors P |
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Four Soft Q3FY06 consolidated revenue jump by 471%
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Mumbai, January 30, 2006 Four Soft Limited (4S) (NSE: "FOURSOFT", BSE: 532521), the world’s largest transportation and logistics software product company, has reported a 471 % growth in consolidated revenues at Rs 33.55 crores for the quarter ended December 31, 2005 as compared to Rs 5.88 crores in the corresponding quarter last year.
4S had acquired DCS Transportation and Logistics Solutions division, a UK headquartered Transport & Logistics Software solutions major, with operations in UK, The Netherlands, US, France & Germany in September 2005. The acquisition established 4S as the market leader with large international client base including majority of the top twenty Transportation & Logistics companies of the world. 4S expects the results of this consolidation exercise by 2 nd quarter of FY 2006-07.
4S has reported that the Consolidation of the acquired entities have been successful and are in line with the strategy of the Company. The customers are generally satisfied with the current organisation, service levels and stability, post-acquisition. The customer risk post acquisition has been mitigated. 4S have strengthened their management team and also in the process of adding more manpower in India. 4S had also increased the infrastructure in Hyderabad by adding more facilities such as office space of around 14,000 sft and necessary equipments as a part of expansion strategy.
The Consolidated year to date Revenue for the nine months ended 31 st December 2005 has grown by 274 % at Rs 57.89 crores compared to Rs 15.47 crores for the nine months ended 31 st December 2004.
The Consolidated net profit for the nine months stood at Rs 2.86 crores compared to Rs 5.27 crores in corresponding period last year. The Consolidated net profit for the quarter stood at Rs 0.18 crores compared to Rs 1.15 crores in corresponding quarter last year. The Board of Directors today approved the unaudited results for the quarter ended December 31st, 2005.
About Four Soft
4S is an enterprise solutions company, providing innovative software products, exclusively for transportation, logistics and supply-chain management market place and also offers IT consultancy services. It is the market leader in the transportation and logistics segment with a large international client base including majority of the top twenty Transportation & Logistics companies of the world . It has its software development centre in HITEC city of Hyderabad, India with products developed on three-tier web architecture . The Company has large customers including Eagle Global Logistics (EGL), DHL, Kuehne & Nagle, Schenkers, Panasonic Logistics, UTi, Frans Maas Europe, S-Net Freight, W.T. Limited and Frank-Lin Distilleries.
Additional information about Four Soft is available at http://www.four-soft.com
For further information contact
Rahul Sinha - +91 9440897961
rahul.sinha@four-soft.com
Four Soft Limited
Chavneet Arora - +91 9820165470
chavneet@adfactorspr.com
Adfactors P |
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Four Soft to double employee strength will recruit 500 employees over the next 12 months
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Hyderabad, January 27, 2006 Four Soft Limited (4S) (NSE: "FOURSOFT", BSE: 532521), An emerging Indian Multinational and the world’s largest transportation and logistics software product company today announced its plans to recruit 500 employees over the next 12 months.
4S had recently acquired DCS Transportation and Logistics Solutions division, a UK headquartered Transport & Logistics Software solutions major, with operations in UK, The Netherlands, US, France & Germany. The acquisition established 4S as the market leader with large international client base including majority of the top twenty Transportation & Logistics companies of the world.
Mr. Srikanth Palem, CEO & Managing Director, 4S said, "In line with our new product strategy and integration plan of acquired entities we need to expand our team and facility to strengthen our product development and customer support teams."
Mr. Biju S. Nair, Vice President- Finance & HR, 4S said, “Our immediate strategy is to hire experienced professional, Campus recruitment and training workshops which are integral in getting us employees who can contribute to a world class product.”
About Four Soft Limited
4S is an enterprise solutions company, providing innovative software products, exclusively for transportation, logistics and supply-chain management market place and also offers IT consultancy services. It is the market leader in the transportation and logistics segment with a large international client base including majority of the top twenty Transportation & Logistics companies of the world. It has its software development centre in HITEC city of Hyderabad, India with products developed on three-tier web architecture. The Company has large customers including Eagle Global Logistics (EGL), DHL, Kuehne & Nagle, Schenkers, Panasonic Logistics, UTi, Frans Maas Europe, S-Net Freight, W.T. Limited and Frank-Lin Distilleries.
Additional information about Four Soft is available at http://www.four-soft.com.
For further information contact
Rahul Sinha - +91 9440897961
rahul.sinha@four-soft.com
Four Soft Limited
Chavneet Arora - +91 9820165470
chavneet@adfactorspr.com
Adfactors P |
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November 2007
November 28th, 2007 |
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November 27th, 2007 |
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November 21st, 2007 |
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August 2007
August 01st, 2007 |
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July 2007
July 03rd, 2007 |
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February 2007
February 08th, 2007 |
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Deloitte recognizes Four Soft as India's top 10 fastest growing technology Company |
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Hyderabad , India; November 28, 2007: Four Soft (4S) ( NSE: "FOURSOFT", BSE: 532521), a global leader in software solutions for transportation and logistics today announced that it ranked 9th on Deloitte’s 2007 Technology Fast 50 India, a ranking of the 50 fastest growing technology companies. Four Soft has also been ranked 62nd in the Deloitte Technology Fast 500 Asia Pacific Ranking 2007.
Four Soft’s Chief Executive Officer, Mr. Srikanth Palem said, “We are delighted to be amongst the top 10 fastest growing companies in India. As a player in a niche segment, being in this elite group is a significant achievement for us and this recognition means that we are on the right track for growing our business here.”
The Deloitte Technology Fast 50 India 2007 program, conducted by Deloitte Touche Tohmatsu Asia Pacific, recognizes and profiles 50 fast-growing technology companies in India based on their percentage revenue growth over the last three financial years. It is part of a global program run in parallel with the other regional programs in EMEA (Europe, the Middle East and Africa), North America and Asia Pacific. It includes all areas of technology — from Internet to life sciences, from computers to semiconductors — and covers both public and private companies.
About Four Soft
Four Soft is an enterprise solutions company providing innovative software products, exclusively for the Freight, Transportation, Logistics and Supply-chain management verticals. 4S also offers IT consultancy and IT enabled services. 4S is the market leader in the transportation and logistics segment with a large international client base including the majority of the top transportation and logistics companies in the world, like Eagle Global Logistics (now Ceva Logistics), DHL, Kuehne+Nagel, Schenker, PWC Logistics, Yusen, Panasonic Logistics and UTi. It has regional offices and software development centers located worldwide, with main development centre in HITEC city of Hyderabad, India.
Four Soft offers a full suite of web-based products across the logistics supply chain. This includes 4S eTrans for Freight Forwarding and Logistics, 4S eLog for warehouse management, 4S VisiLog & 4S VisiLog Plus for Track & Trace, Visibility, and Supply Chain Management, 4S eCustoms to cover Customs Brokerage, 4S iShipping for Shipping Line execution and 4S eConnect for Business-to-Business Connectivity.
Additional information about Four Soft is available at http://www.four-soft.com
For further information, please contact
A. H. Abhishek Reddy
Four Soft Limited
Mobile : +91 98664 88880
Email: abhishek.reddy@four-soft.com
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Global institute of logistics (GIL) announces its global board of advisors in hyderabad, India |
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"Appoints 4S CEO - Mr. Srikanth Palem and MTC Vice President - Mr. Steve Longbotham as Board Members" |
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Mr.Kieran F.Ring (CEO of GIL) Shaking hands with Mr.Srikanth Palem (CEO & MD of 4S) |
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The Global Board of Advisors (GBOA) will provide GIL support with strategic and technical advice, resource mobilization and promotion and outreach.
The appointment of Srikanth Palem, CEO and Founder of Hyderabad based Four Soft Limited to the board, reflects GIL’s ambition to develop common data platforms between stakeholders in the global supply chain.
Four Soft has grown to become the pre-eminent player in developing IT solutions for the global Transport and Logistics vertical, having developed a diversified suite of applications spanning the entire supply chain.
Four Soft’s portfolio, combined with Srikanth Palem’s hands-on experience as a Career Logistician, provides GIL with an invaluable insight into the dynamics at work in the deployment of web based technology, to create online communities and provide visibility in real time.
Srikanth will work closely with the Institute on a number of initiatives, beginning with a feasibility study into the viability of developing an online portal for the Global Maritime Logistics community, which would be used by all stakeholders to manage the progress of containers throughout the supply chain.
The feasibility study will involve discussions with all the major stakeholders with particular emphasis on the role of the Terminal Operator.
Steve Longbotham of US based Terminal Operator - Marine Terminals Corporation, has also been appointed to the GBOA in recognition of his outstanding contribution to the development of the Container Terminal Quality Indicator (CTQI) standard.
Commenting on the occasion, Kieran Ring, CEO of GIL said:
“We are extremely fortunate to have on board Advisors - who are extraordinary, proactive individuals, each highly respected in their field; the makeup of the board ensures that we have representation at each node in the global supply chain from the major sourcing economies to the major consumer markets. The Board is also comprised of individuals drawn from the key service industries supporting the global supply chain, particularly, Finance and IT.”
It was further announced that the Global Institute of Logistics will provide accreditation to Four Soft’s Logistics Certification program.
ABOUT GLOBAL INSTITUTE OF LOGISTICS
The New York based Global Institute of Logistics is a multi-stakeholder, cross-industry, not-for-profit agency, concerned with the development and proliferation of best practices in the global supply chain.
The Institute actively works with all stakeholders in the global supply chain towards optimising viability through the promotion of a collaborative culture between the parties. This is underpinned by ongoing benchmarking within the various nodes, with the ultimate aim of developing internationally recognised standards for use by logisticians in the engineering of their supply chain and logistics solutions.
For further information, please contact
Siobhan Kelly
mediadirector@globeinst.org
(+1) 212 672 1846
Global Institute of Logistics
A H Abhishek Reddy
abhishek.reddy@four-soft.com
+91 98664 88880
Four Soft Limited
Sreedhar
sreedhar@adfactorspr.com
+91 98480 35385
Adfactors PR Pvt. Ltd |
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Four Soft Netherlands B.V. (4S) clinches 4S eLog warehousing deal from Midl Integrated Logistics b.v., a Dutch Logistics Solution Provider |
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4S further strengthens its presence in Netherlands
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Mr.. Jeroen Rodenstein, 4S Director with Mr. Kees Dinnessen, President of Midl b.v. |
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Dordrecht, November 21, 2007 Four Soft (4S) ( NSE: "FOURSOFT", BSE: 532521), a global leader in software solutions for transportation and logistics has signed the contract with Midl Integrated Logistics B.V. Nijmegen (The Netherlands) to implement its world class web centric warehouse solution 4S eLog. 4S eLog is a web-centric Warehouse Management System aimed at Logistics Service Providers.
Mr. Jeroen Rodenstein, 4S Director , Four Soft Limited, speaking on the deal, said that “ 4S eLog is a web-centric Warehouse Management System aimed at Logistics Service Providers as well as having functionality to cover the standard warehouse operations; it also extends beyond the traditional 4 walls of the warehouse and has Customer, Vendor and Transporter collaboration modules. With multi-client and multi-warehouse functionality at the core of its design, the visibility across multiple implementations within 4S eLog is another of its key advantages”.
Mr. Kees Dinnessen, President of Midl b.v. speaking on the deal said that “we believe that making the right choices for customers is also the best choice for their business. I believe Four Soft is our valued partner for Midl Integrated Logistics b.v. , our innovative information system, with their great development capability and worldwide customer support. Hence we are happy to find the best choice for Midl Integrated Logistics to realize the most efficient and smart logistics service ”.
About Midl Integrated Logistics B.V
Midl was formed in 2004 by a group of people, each with an average experience of over 20 years in logistics. Their international network is well established and wide spread which allows Midl to meet customer requirements. As an independent company they have the freedom choose to work with specialist partners in the different transportation modes or cargo lanes to provide their customers with comprehensive coverage.
Midl has a wide variety of customers, including Buffalo, Meguiar’s, Fleurop and Ziehl–Abegg amongst others. This means that they are storing and shipping a range of products from computer peripherals to industrial engineering products and from high-end car cleaning products to cosmetics and fragrances.
Further information can be found at http://www.midl.nl/
About Four Soft
Four Soft is an enterprise solutions company providing innovative software products, exclusively for the freight, transportation, logistics and supply-chain management industry. 4S also offers IT consultancy and IT enabled services. 4S is the market leader in the transportation and logistics segment with a large international client base including the majority of the top transportation and logistics companies in the world, like Eagle Global Logistics (EGL), DHL, Kuehne+Nagel, Schenker, PWC Logistics, Panasonic Logistics and UTi. It has regional offices and software development centers located worldwide, with main development centre in HITEC city of Hyderabad, India.
Four Soft offers a full suite of web-based products across the logistics supply chain. This includes 4S eTrans for Forwarding and Logistics, 4S VisiLog for visibility and Supply Chain Management, 4S eCustoms to cover Customs Brokerage and 4S eConnect for Business to Business Connectivity.
Additional information about Four Soft is available at http://www.four-soft.com
For further information, please contact
Mr. Kees Dinnessen,
+31 24 7503210
k.dinnessen@midl.nl
Midl Integrated Logistics b.v.
Mr. Rob Lammerts van Bueren
+31 78 6256256
rob.lammertsvanbueren@four-soft.com
Four Soft Netherlands B.V.
Devlina Dutt
9322280014
Devlina.dutt@adfactorspr.com
Adfactors Pr
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Four Soft Limited launches training and certification program in transportation and logistics vertical |
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The first company to give training and certification in this domain
Mumbai, 01 Aug 200: Four Soft (4S) (NSE: "FOURSOFT", BSE: 532521), a global leader in software solutions for transportation, logistics (T&L) and supply chain management has recently launched a program to train and certify professionals in the Transportation and Logistics space. This course is aimed not only for those who have professional experience in this segment but also to assist students who aim to be a part of the T&L industry. Currently the program is being provided in Hyderabad but there are plans to conduct in other cities as well.
Books/courses on SCM offer generic information from a limited perspective of the author. B-schools do not equip the professionals with the latest knowledge and skills as very few specialized courses are targeted at this domain. FourSoft has realized that, the business dynamics within an organization coupled with the technology changes happening everyday demand and more pro-active approach is required to manage process knowledge.
Hence, 4S has come up with this training and certification course to empower a professional with necessary skills to grow in this industry.
4S a recognized leader in providing Enterprise Applications for Transportation & Logistics is playing a vital role in redefining the business processes and contributing to the evolution of the industry and this is a step towards this. Added to this is an internal force of dedicated functional experts, who are contributing to innovations every day.
Speaking about 4S certification programs, Mr. Srikanth Palem, CEO said, “The industry business practices and processes are evolving at a rapid pace driven by technology innovations. We would like to share the knowledge we gained over the years by, developing our product suite and implementing the solutions for leading players of this segment in the industry. This offering essentially fills the void in knowledge between industry and academia”.
Mr. Mahaboob Hussain, VP (Product Development & Technology) who will direct the certification programs added, “Trainings offered inside the organizations are specific to their processes and do not offer the industry best practices. We feel this is an important element in making the training effective”.
The pilot batch of the certification program has been recently completed in Hyderabad. Sunny, one of the student of the pilot batch said, “This program has helped me in gaining the process perspective of the industry, which is not offered at any academic courses in B-schools. It has been of tremendous value in learning about the emerging trends in the industry and how the same can be applied in the organization that I am presently working in”.
About Four Soft Limited
Four Soft Limited ( 4S ) is the world’s largest Enterprise Software Company offering software solutions and consultancy services to the Freight Forwarding, Logistics and Supply-chain verticals. 4S has a strong suite of software product categories including Freight Forwarding, Transportation, 3PL & 4PL Warehousing, Customs solutions, Distribution, Retail, Liner software and Supply chain execution management. These solutions are used by over 300 customers including Eagle Global Logistics (EGL), DHL, Kuehne+Nagel, Schenkers, Matsushita, Panasonic Logistics and UTi with 50,000 users across 120 countries. For more information, please visit our website: http://www.four-soft.com.
For further information, please contact
A.H.Abhishek Reddy : +91 9866488880
abhishek.reddy@four-soft.com
Four Soft Limited
Rinki Saha/ Annu Dwivedi
+91 9820135827/ +91 9820500561
rinki.saha@adfactorspr.com
annu.dwivedi@adfactorspr.com
Adfactors PR
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Four Soft Limited to strengthen product offering in the logistics and transportaion space |
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Appoints Mr. Poul R Larsen as the VP - Product Management
Mumbai, 3rd July 2007: Four Soft Limited ( 4S) ( NSE: "FOURSOFT", BSE: 532521), a global leader in software solutions for transportation and logistics has strengthened its products focus with the appointment of Mr. Poul R Larsen as its new Vice President for Product Management. He will work closely with Four Soft CEO & MD, Mr Srikanth Palem and will be responsible for all aspects of product management including designing, development and Sales support of all products to deliver world class products and defining the logistics industry processes.
Poul has over three decades of experience in some of the most successful IT transport solutions companies globally, building products that deliver competitive advantage to some of the largest logistics operators in the industry.
Mr.Palem Srikanth, CEO & Managing Director of Four Soft, said “Poul is an industry expert with an impressive track record of innovation and success. Poul’s domain expertise across the logistics value chain, from the Manufacturers to Transportation & logistics players and Liner carriers is extremely valuable for managing the wide range of products that 4S offers in this domain”.
Prior to joining 4S , Poul was the Director Business Development of Transaxiom and has also worked with organizations such as Atraxis Cargo Solutions (UK) , Plus Data (DK) and EAC Data . Poul is an MBA from Cranfield University, Graduate of Business Studies from the Copenhagen Business School and is a Graduate in commerce and IT from Koebmandsskolen ( School of Commerce).
A quote from Poul R Larsen , while joining 4S
“Over my experience I have been very fortunate to have worked closely with the leading logistics companies and am extremely excited to be leading 4S Product Management”.
About Four Soft Limited
Four Soft Limited (4S) is the world’s largest Enterprise Software Company offering software solutions and consultancy services to the Freight Forwarding, Logistics and Supply-chain verticals. 4S has a strong suite of software product categories including Freight Forwarding, Transportation, 3PL & 4PL Warehousing, Customs solutions, Distribution, Retail, Liner software and Supply chain execution management. These solutions are used by over 300 customers including Eagle Global Logistics (EGL), DHL, Kuehne+Nagel, Schenkers, Matsushita, Panasonic Logistics and UTi with 50,000 users across 120 countries. For more information, please visit our website http://www.four-soft.com
For further information, please contact
A.H.Abhishek Reddy : +91 9866488880
abhishek.reddy@four-soft.com
Four Soft Limited
Rinki Saha/ Annu Dwivedi
+91 9820135827/ +91 9820500561
rinki.saha@adfactorspr.com
annu.dwivedi@adfactorspr.com
Adfactors PR
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Four Soft Limited (4S) clinches deal with Yusen Air & Sea Service Co., Ltd., the Japanese Transportation & Logistics giant. |
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Mr. Srikanth Palem, 4S CEO&MD with Mr. Shunichi Yano, President of Yusen Air & Sea Service Co., Ltd., |
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4S further strengthens, its presence in Japan.
Mumbai, June 14th 2007 - Four Soft (4S) ( NSE: "FOURSOFT", BSE: 532521), a global leader in software solutions for transportation and logistics has signed the contract with Yusen Air & Sea Service Co., Ltd. (hereinafter: YAS) , Japan to implement its world class webcentric freight solution - “4S eTrans”, worldwide. 4S eTrans is a multi-modal, web-centric application (J2EE) for transportation companies. 4S eTrans is designed to give operational and financial control of global and domestic freight movements from order to cash.
Mr. Srikanth Palem, CEO & MD, Four Soft Limited, speaking on the deal, said “4S eTrans provides real time information to the Freight Forwarders and will help a big Freight Forwarding and Logistics player like YAS group, to operate at peak efficiency and stay ahead of the competition by implementing 4S eTrans. We have been providing IT services and solutions to YAS group for 11 years, and signing this contract with them only strengthens our commitment towards YAS. With this deal, we would be entering a new relationship with them and we look forward to renewing this partnership.”
Mr. Shunichi Yano, President of Yusen Air & Sea Services Co., Ltd., speaking on the deal, said “I believe Four Soft is our valued partner for "YUNAS", our innovative information system, with their great development capability and worldwide customer support. We are very happy to find the best choice for YAS group to realize the most efficient and smart logistics service”.
About Yusen Air & Sea Services Co., Ltd. Japan
Yusen Air & Service Co., Ltd., with worldwide headquarters in Tokyo, Japan, was established in 1955 as a cargo and travel agency on behalf of international airlines. On February 2005, its shares were successfully listed on the First Section of the Tokyo Stock Exchange.
Today, as one of the world`s leading air freight forwarders and transportation solutions company, Yusen is reinforcing its presence as a total logistics provider. Yusen Air & Sea Service Co., Ltd. is having ocean transportation services, warehousing, customs brokerage and other services. To complement the air freight forwarding services, Yusen is spread across nearly 230 offices in 33 countries through a global network and plays an integral part in the Yusen Global Logistics network as a member of NYK Group. Further information can be found at http://www.yusen.co.jp/index_e.html/.
About Four Soft Limited
Four Soft Limited is an enterprise solutions company providing innovative software products, exclusively for the freight, transportation, logistics and supply-chain management industry. And also offers IT consultancy services. 4S is the market leader in the transportation and logistics segment with a large international client base including the majority of the top transportation and logistics companies in the world. It has regional offices and software development centres located worldwide, with main development centre in HITEC city of Hyderabad, India. 4S has a registered 100% wholly owned subsidiary ‘Four Soft Japan KK’ in Japan. 4S is having large customer base including Eagle Global Logistics (EGL), DHL, Kuehne+Nagel, Schenker, PWC Logistics, Panasonic Logistics and UTi. Additional information about Four Soft Limited is available at http://www.four-soft.com.
For further information, please contact
Mr. Shinsuke Masuda - +81 3 3669 6436
yaird@yusen.co.jp
Corporate Communications & IR Dept.
YUSEN AIR & SEA SERVICE CO., LTD.
A.H.Abhishek Reddy - +91 9866488880
abhishek.reddy@four-soft.com
Four Soft Limited
Annu Dwivedi - + 91 9820500561
annu.dwivedi@adfactorspr.com
Adfactors PR |
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Four Soft (Liverpool) relocates to new premises |
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Liverpool, February 8th 2007 - Four Soft Limited (4S) (NSE: "FOURSOFT" BSE: 532521), a global leader in software solutions for transportation and logistics verticals, has moved its Liverpool operations to a brand new office development at the Matchworks in Speke, Liverpool.
The move comes 3 months after 4S acquired the shipping and freight business of FWL Technologies, whose former location was the Port of Liverpool Building in Liverpool Pier Head.
4S is the first tenant to move into the latest units which form phase II of the existing Matchworks complex developed by Urban Splash. The modern office, measuring 5500 square feet, will provide excellent workspace and meeting facilities for 4S technical and industry professionals in Liverpool, with benefits also including accessible transport connections for staff and visiting clients alike.
Last year we added Liverpool to our global footprint and now the move to a brand new office reinforces this fresh start. We were really attracted by the quality of the office space and the environment at Matchworks. Being a global company, the location close to the airport is also really convenient for serving our clients·requirements, said Dave Pickburn, Senior Vice President, Europe.
4S other UK offices are in Nottingham (UK head office) and Leeds, whilst globally it has 13 other offices across Netherlands, Denmark, France, India (HQ), Japan, China, Singapore, Australia and USA.
About Four Soft Limited
Four Soft is an enterprise solutions company providing innovative software products, exclusively for the freight, transportation, logistics and supply-chain management market place and also offers IT consultancy services. It is among the leaders in the transportation and logistics segments with a large international client base including the majority of the top transportation & logistics companies in the world. The Company adopts a global development and delivery model leveraging the engineering talent of India and the account management and delivery skills of its regional offices. With 50,000 users within 300 customers in 120 countries, 4S client base includes DHL, Eagle Global Logistics (EGL), Kuehne+Nagel, Matsushita, Schenker, Panasonic Logistics, China Shipping, CMA CGM, PIL, Samskip and UTi. Additional information about Four Soft is available at http://www.four-soft.com.
For further information contact
Ellen Smallshaw - +44 (0) 870 756 5783
uk.marketing@four-soft.com
Four Soft UK Limited
Rahul Sinha - +91 9440897961
rahul.sinha@four-soft.com
Four Soft Limited
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Adelantex signs contract with Four Soft for 4S eCustoms PLDA software |
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Hyderabad 05, September 2008 Four Soft (4S) (NSE: "FOURSOFT", BSE: 532521), a global leader offering software solutions for transportation and logistics industry, announced today that Adelantex, a Belgium based freight forwarder and customs agency has signed contract with Four Soft Netherlands B.V.,(subsidiary of 4S) for implementing 4S eCustoms PLDA software. Adelantex is already a customer of Four Soft for several years now, using 4S eTrans SME to support its freight forwarding operations. 4S eTrans SME is a powerful internationally acclaimed standardized system for the logistics providers. It provides the logistics industry with a flexible and complete software solution to manage business efficiently, increase productivity and improve the overall service to their customers.
4S eCustoms PLDA supports both import and export SAD declarations for trading of goods to and from EU. The application is part of the new and integrated Four Soft customs module for electronic declarations. The entire integrated multi-continent customs software is built on latest J2EE technology.
At Adelantex, 4S eTrans SME will be tightly integrated with 4S eCustoms PLDA to offer a common platform to perform freight forwarding and customs operations effortlessly. The data from 4S eTrans SME will seamlessly flow into 4S eCustoms PLDA for local customs declaration and filing.
Mr. Dave Pickburn, Senior Vice President, Four Soft Europe commented on the deal, “It is a matter of pride to be associated with Adelantex, which is one of Belgium’s most respectable freight forwarding companies. The new contract with Adelantex for implementing 4S eCustoms PLDA shows Adelantex’s continuing interest with our company and its products and reinforces the fact that Four Soft is a reliable solutions provider. We have been partners for a long time now and we look forward to serve Adelantex for the years to come.”
Mr. Kris Poels, Managing Director, Adelantex stated, " We chose Four Soft to automise and improve our customs operations by implementing their customs software - 4S eCustoms PLDA. Four Soft has been our vendor for the past several years and had implemented 4S eTrans SME successfully at multiple locations. This new contract, which extends and strengthens the existing relationship between us, is a testament to the trust we have in Four Soft’s capabilities since November 2000. By integrating 4S eTrans SME with 4S eCustoms PLDA, we hope to have smooth operations related to freight forwarding and customs.”
About Adelantex
Adelantex is freight forwarder and customs agency, headquartered in Belgium. It has multiple offices worldwide supporting its freight forwarding business. Adelantex offers a complete air freight export service to their customers including advice on shipment methods, arrangement of bookings on scheduled passenger & freighter flights, full & split charter flights, and securing foreign import documents and services. Adelantex caters for all manner of airfreight export movements from single documents to the development of long term, high volume regular cargo arranging both consolidations and direct air shipments. Adelantex has a particular experience in the shipment of perishable cargo and has all necessary permits to customs clear perishable goods as well as high priority and critical shipments 24/7/365 and arranges road transport to all mean EU-destinations.
For further information, please contact
Adelantex Nv
Building 701
BE-1931 Brucargo
Belgium
Phone: +32 2 752 88 00
Facsimile: +32 2 752 88 22
Phone: 24/7/365 :+32 2 752 88 08
Mail to: info@adelantex.be
Web: www.adelantex.be
en www.adhandling.be
About Four Soft Limited
Four Soft is an enterprise solutions company providing innovative software products, exclusively for the freight, transportation, logistics and supply-chain management market place and also offers IT consultancy services. It is the market leader in the transportation and logistics segment with a large international client base including the majority of the top transportation & logistics companies in the world. With regional offices strategically located worldwide, it has its software development centre in HITEC city of Hyderabad, India. The Company has large customers including DHL, Kuehne+Nagel, Schenker, PWC Logistics, UTI and Geodis.
Additional information about Four Soft is available at www.four-soft.com
Four Soft offers a full suite of web-based products across the logistics supply chain. This includes 4S eTrans for Freight Forwarding and Logistics, 4S eLog for Warehouse Management, 4S VisiLog & 4S VisiLog Plus for Track & Trace, Visibility and Supply Chain Management, 4S eCustoms for Customs Brokerage, 4S iShipping for Shipping Line execution and 4S eConnect for Business-to-Business Connectivity.
For further information, please contact
A. H. Abhishek Reddy
Four Soft Limited
Mobile : +91 98664 88880
Email: abhishek.reddy@four-soft.com
Bhawna Sharma
Adfactors PR Pvt Ltd
Mobile : +91 99993-90316
Tel: +91 11 40565100 -Ext: 151
Email: bhawna.sharma@adfactorspr.com
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Netherlands based AFS Transport enhances efficiency with Four Soft's product |
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Customer reaping the benefits of implementation such as faster processing of shipments, negligible errors and greater customer service |
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Hyderabad, November 20, 2008 Four Soft (4S) (NSE: "FOURSOFT", BSE: 532521), a global leader offering software solutions for transportation and logistics industry, today announced that the company has completed the implementation of 4S eTrans SME at AFS Transport (AFS), Netherlands, as scheduled. 4S eTrans SME is an integrated transportation management software solution designed specially to meet the requirements of small and midsize businesses.
4S eTrans SME is a modular enterprise application designed to automate, streamline, and support the multi-modal freight forwarding operations. It enables the logistics industry to increase productivity and improve the overall services to their customers, as it provides flexible and complete software solutions.
AFS Transport is one of the recognized freight forwarding and logistics companies in The Netherlands, handling international shipments and a specialist in project forwarding, possessing the necessary expertise, and in-house systems to handle all kinds of project cargoes, including heavy-lifts.
Shipment of multi-scale tonnages requires complete and careful coordination and calls for optimal logistics management in view of the many varied and complex aspects. Pro-active planning is essential if project schedules are to be maintained and again within budget constraints. AFS’s inhouse system was not able to support its rapid expansion and it became essential to implement a new softw are system to support its growth. They signed a contract with Four Soft in 2007 to implement its 4S eTrans SME to support its multimodal operations. The new system was implemented successfully in AFS Transport recently and the customer has started using the system in real environment.
Mr. Hans Boer, Managing Director, AFS Transport stated, " We chose Four Soft’s 4S eTrans SME to automate and improve our freight forwarding, customs and warehouse operations in combination with Purchase Management. The new software was successfully implemented across AFS Transport’s multiple locations. We have started realizing the benefits of implementing this new system in terms of faster processing of shipments, negligible errors and greater customer service. We hope to realize the ROI in a short span of time. With the new system taking care of our operational activities, we can now concentrate on expanding our business exponentially.”
Mr. Dave Pickburn, Senior Vice President, Four Soft Europe commented, “We are very honored to have been given the opportunity to serve respectable organization like AFS Transport. Most of transportation and logistics companies have been using Four Soft’s products for several years to automate their business processes efficiently, whilst replacing manual, error prone processes. We are very sure this implementation can ultimately change the way AFS Transport processes and manages its import and export shipments and stay ahead of its competitors.”
About AFS Transport
AFS Transport is one of the most innovative freight forwarders in The Netherlands. It co-ordinates inland freight throughout Europe by truck, rail, barge or air.
AFS Transport offers regular airfreight service from Schiphol to many oil-field centers, including Houston, Aberdeen, Stavanger, Abu Dhabi, Dubai, Singapore, Kuala Lumpur, Hong Kong, Malabo, Luanda, Aktau, Aktobe and many more.
AFS Transport warehouse is designed to support the customer's global sourcing and JIT material management needs. Its skilled warehouse staff and advanced inventory management systems deliver services ranging from receiving, inventory control and vendor co-ordination to pick and pack assembled shipments, crating, container stuffing, storage and direct-to-customer distribution.
About Four Soft
Four Soft is an enterprise solutions company providing innovative software products, exclusively for the freight, transportation, logistics and supply-chain management market place and also offers IT consultancy services. It is the market leader in the transportation and logistics segment with a large international client base including the majority of the top transportation & logistics companies in the world. With regional offices strategically located worldwide, it has its software development centre in HITEC city of Hyderabad, India. The company has large customers including DHL, Kuehne+Nagel, Schenker, PWC Logistics, UTI and Geodis-Wilson. Additional information about Four Soft is available at www.four-soft.com.
Four Soft offers a full suite of web-native products across the logistics supply chain. This includes 4S eTrans for freight forw arding and logistics, 4S eLog for warehouse management, 4S VisiLog & 4S VisiLog Plus for track & trace, visibility and supply-chain management, 4S eCustoms for customs brokerage, 4S iShipping for shipping line execution and 4S eConnect for business-to-business connectivity.
For more information please contact
Mr. Robert Lammerts Van Bueren
Four Soft Netherlands B.V.,
Tel: + 31(0)78 - 6256256
Email: rob.lammertsvanbueren@four-soft.com
Bhawna Sharma
Adfactors PR Pvt Ltd
Tel: +91 11 40565100 -Ext: 161
Email: bhawna.sharma@adfactorspr.com
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Four Soft clinches deal with Netherlands leading logistics company to implement 4S eTrans SME |
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Hyderabad, December 01, 2008 Four Soft Netherlands BV, a global leader providing software solutions for transportation and logistics verticals and a subsidiary of Four Soft Limited, India, (NSE: "FOURSOFT", BSE: 532521), has signed a contract with Mondial Logistics, Netherlands, to implement its freight forwarding
software - 4S eTrans SME across its multiple locations in Netherlands to streamline its disparate processes and improve the operational efficiency.
4S eTrans SME is a modular enterprise application designed to automate, streamline, and support the multi-modal freight forwarding operations. It is a flexible and integrated software application, which enables logistics companies to increase productivity and improve the overall services to their customers.
Mondial Logistics is an international, 25 year old Netherlands based logistics company, providing multi-modal transportation and distribution of goods, as well as a host of other value-added services. Over the years, several systems were introduced to support its unprecedented growth. Sustaining this environment became extremely challenging as most of their resources - both in terms of time and money were spent in synchronizing the data from various systems to arrive at one common result. Mondial Logistics required an integrated solution to automate, streamline and manage its freight forw arding operations, while also supporting its globalization efforts. Four Soft was selected over other vendors to implement its proven software application - 4S eTrans SME.
Mr. Joost Vollrath, Director, Mondial Logistics commented on the deal, “ Owing to our complex requirement, we chose Four Soft carefully after evaluating several vendors. Four Soft’s familiarity with our industry was impressive and they also have good track record of successful global implementations, more so in our region. We are embarking on this project to radically reduce our operating costs and speed up the turn around time to process the shipments, due to reduction of manual processes at various stages of the lifecycle of the shipments. Hope the partnership with Four Soft will help us meet these challenges.”
Mr. Richard Gralike, Vice President, Four Soft Netherlands commented, “Mondial Logistics has been a leader in the freight forwarding and logistics segments in Netherlands and are aware that IT can play a strategic role in enhancing their business growth. This is a challenging project for us and we are confident we will execute this contract successfully. With this implementation, Mondial Logistics will have a powerful tool to support their freight operations. This will help them increase their operational efficiency and provide quicker customer support.”
About Mondial Logistics, Netherlands
Mondial Logistics is a 25 year old logistics company in the Netherlands, based in the Zaanstreek region. It developed into a niche player on the logistics market, in which the company tailors the 'one-stop-shopping' concept to the wishes and requirements of its clients.
The strength of Mondial Logistics is found in the combination of ample knowledge of logistics and the collaboration with highly professional partners with a worldwide network at their disposal. For more information, visit: http://www2.mondiallogistics.nl/home.htm
About Four Soft
Four Soft is an enterprise solutions company providing innovative software products, exclusively for the freight, transportation, logistics and supply-chain management market place and also offers IT consultancy services. It is the market leader in the transportation and logistics segment with a large international client base including the majority of the top transportation & logistics companies in the world. With regional offices strategically located worldwide, it has its software development centre in HITEC city of Hyderabad, India. The company has large customers including DHL, Kuehne+Nagel, Schenker, PWC Logistics, UTI and Geodis-Wilson. Additional information about Four Soft is available at www.four-soft.com.
Four Soft offers a full suite of web-native products across the logistics supply chain. This includes 4S eTrans for freight forwarding and logistics, 4S eLog for warehouse management, 4S VisiLog & 4S VisiLog Plus for track & trace, visibility and supply-chain management, 4S eCustoms for customs brokerage, 4S iShipping for shipping line execution and 4S eConnect for business-to-business connectivity.
For more information please contact
Mr. Robert Lammerts Van Bueren
Four Soft Netherlands B.V.,
Tel: + 31(0)78 - 6256256
Email: rob.lammertsvanbueren@four-soft.com
Bhawna Sharma
Adfactors PR Pvt Ltd
Tel: +91 11 40565100 -Ext: 161
Email: bhawna.sharma@adfactorspr.com
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Four Soft gets listed on IBM SOA Business Catalog |
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| Hyderabad, December 23, 2008 Four Soft (4S) (NSE: "FOUR SOFT", BSE: 532521), a global leader offering software solutions for transportation and logistics industry, announced today that it has been listed on the IBM Service Oriented Architecture (SOA) Business Catalog, after successfully completing IBM’s rigorous SOA technical validation process. The IBM SOA Business Catalog is a comprehensive online directory of reusable SOA content that has been validated to perform with IBM SOA Foundation products.
Adhering to IBM’s technical and business framework, Four Soft software products - 4S eLog (warehouse management) and 4S eTrans (freight and transportation management) were integrated successfully. This has been accomplished by using BPEL and business integration tools such as IBM WebSphere Integration Developer and WebSphere Process Server.
The IBM SOA Business Catalog is a single, comprehensive online directory of reusable SOA content from IBM and IBM SOA Business Partners. It has three levels: Connect, Exploit and Extend and Four Soft has been qualified and certified for the Exploit criteria. Four Soft customers will benefit hugely by this achievement, in terms of:
- Interoperability between 4S products [4S eTrans, 4S eCustoms, 4S VisiLog, 4S eLog] without developing new solutions
- Enterprise services in 4S products to facilitate effective integration with third-party applications
- A comprehensive framework to seamlessly integrate their business applications in a dynamically changing business environment
- Reuse legacy assets and protect investments
"We are delighted of acceptance of Four Soft into IBM SOA Business Partner list. This recognition extends the proven capabilities of our products to IBM infrastructure and facilitates the easier integration of the solution to other partners and customers," said Mr. Mahaboob Hussain, VP -Technology and Process, Four Soft.
Four Soft's software applications are built on J2EE platform, web-centric, component-based products that delivers powerful business solutions for supply chain management players. 4S applications are easy to deploy and can be integrated with existing legacy applications in an organization.
About Four Soft
Four Soft is an enterprise solutions company providing innovative software products, exclusively for the freight, transportation, logistics and supply-chain management market place and also offers IT consultancy services. It is the market leader in the transportation and logistics segment with a large international client base including the majority of the top transportation & logistics companies in the world. With regional offices strategically located worldwide, it has its software development centre in HITEC city of Hyderabad, India. The Company has large customers including DHL, Schenker, PWC Logistics, UTI and Geodis-Wilson. Additional information about Four Soft is available at www.four-soft.com
Four Soft offers a full suite of web-based products across the logistics supply chain. This includes 4S eTrans for Freight Forwarding and Logistics, 4S eLog for warehouse management, 4S VisiLog & 4S VisiLog Plus for Track & Trace, Visibility and Supply chain Management, 4S eCustoms for Customs Brokerage, 4S iShipping for Shipping Line execution and 4S eConnect for Business-to-Business Connectivity.
For more information please contact
A.H. Abhishek Reddy
Four Soft Limited.,
Mobile: +91 98664 88880
Email: abhishek.reddy@four-soft.com
Bhawna Sharma
Adfactors PR Pvt Ltd
Tel: +91 11 40565100 -Ext: 161
Email: bhawna.sharma@adfactorspr.com
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Four Soft to provide software solutions to the members of FCBF in USA in capacity of trustee |
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Hyderabad, 11 November, 2008 Four Soft Inc, USA, a subsidiary of Four Soft Limited (NSE: "FOURSOFT", BSE: 532521), Hyderabad, India, a global leader providing software solutions for transportation and logistics verticals, is pleased to announce that it has joined FCBF (The Florida Customs Brokers & Forwarders Association) as a trustee member.
FCBF recently conducted its general membership meeting in Miami, Florida. At the request of Mr. Albert Oses, Board President of FCBF, Mr. Gary Friedman, Vice President/Americas - Four Soft Inc, USA, was asked to address the large gathering of freight forwarders and custom brokers to discuss the unusually rewarding benefits of internet web-native operating applications that are now available for the supply chain industry .
Mr. Friedman stated, “We are proud to be closely associated with FCBF to offer 100% internet supply chain operating systems to further trade between USA and Latin America while subordinating global transport efforts of the membership, local and state trade commissions. Through the joint workings between Four Soft with FCBF in their collaboration with city, county and trade commissions in concert with the Port of Miami and Miami Airport authorities, Four Soft will use its web-centric operating modules to support the logistics process being mapped to remove congestion from city streets and highways surrounding the greater Miami area.”
Friedman also added, “We are delighted to consider best utilization of our advanced internet operating technologies for this critically important intermodal transportation project.”
“Fortunately, as Mr. Oses comments, “With Four Soft’s global support team and a strong delivery model that optimizes cost and time to m arket, exclusive to the transportation and logistics domain, we are confident that the much needed execution platform will exceed our expectations.”
About FCBF
The Florida Customs Brokers & Forwarders Association, Inc., was founded in 1960 by a handful of Miami brokers & forwarders. FCBF has since grown into the most influential and active representative body of the Florida freight forw arding and customs brokerage community. Through its numerous committees of volunteer professionals, the FCBF represents the industry on matters that directly affect the trade arena.
It has been the commitment of FCBF to foster communications between the trade community and the federal agencies in order to expand Florida’s trading communities at the local, state, and national level. FCBF seeks to maximize the ability of the State of Florida to effectively compete for international trade resources and to minimize the barriers for its members. Through constant communication with various state and federal agencies, FCBF helps by participating in the development of international trade policies.
Recently the FCBF offices were relocated to the Miami Free Zone, which also houses the CBP Seaport Operations (SCC) which in turns helps brokers by facilitating a quicker turn around time for the processing of documentation. FCBF works closely with the different governmental agencies to provide current and informative up-dates and agency related policies that disseminate through the FCBF information highways. For more information, please visit: http://www.fcbf.com/AboutUs.aspx.
About Four Soft
Four Soft is an enterprise solutions company providing innovative softw are products, exclusively for the freight, transportation, logistics and supply-chain management m arket place and also offers IT consultancy services. It is the market leader in the transportation and logistics segment with a large international client base including the majority of the top transportation & logistics companies in the world. With regional offices strategically located worldwide, it has its software development centre in HITEC city of Hyderabad, India. The company has large customers including DHL, Kuehne+Nagel, Schenker, PWC Logistics, UTI and Geodis-Wilson.
Additional information about Four Soft is available at www.four-soft.com
Four Soft offers a full suite of web-native products across the logistics supply chain. This includes 4S eTrans for freight forwarding and logistics, 4S eLog for warehouse management, 4S VisiLog & 4S VisiLog Plus for track & trace, visibility and supply-chain management, 4S eCustoms for customs brokerage, 4S iShipping for shipping line execution and 4S eConnect for business-to-business connectivity.
For more information please contact
Mr. Gary Friedman
Vice President / Americas
Business Development
Four Soft Inc, USA
Mobile : +1 305.986.6530
Email: gary.friedman@four-soft.com
Mr. Krishna Rallabhandi
Four Soft Inc, USA
Mobile : + 1 631.404.5587
Email: krishna.rsr@four-soft.com
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Four Soft rolls out EU edition WMS software for UK and EU regions in new delivery models |
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Hyderabad, 06 November, 2008 Four Soft (4S) (NSE: "FOURSOFT", BSE: 532521), a global leader offering software solutions for transportation and logistics industry, announces today the release of its latest customized version of its WMS application - 4S eLog for UK / European market in multiple delivery models. The company forecasts expanded opportunities and customer traction in Warehouse Management System domain in the UK and EU markets with this release.
4S eLog, the WMS product offering from Four Soft, built on current technology platform - J2EE, covers the logistics environment from factory to consumer, allows multiple warehouses and multiple clients to be managed from within a single environment, has RF capabilities and offers visibility to clients, their customers and their suppliers, as well as across warehouses and clients. With improved forecasting ability and extensive automation, the new warehouse management software system will help manufacturing, distribution companies, as well as 3PL companies move their products more quickly through their warehouse facilities to their customers’ locations. Expected benefits include accurate operational efficiencies, reduce inventory holding costs and gain quick returns/ ROI.
On the launch of the product offering, Mr. Dave Pickburn, Senior Vice President - Four Soft Europe commented, “Four Soft has rapidly emerged as a leader in innovating and providing affordable and successful software products for the supply-chain management players. The new customized version of 4S eLog for the UK / European customers is built based on the study commissioned by Four Soft and conducted by M/s Wahl
Karlsson, an international consulting company. 4S eLog has functionality that is right for the 3PL, distribution and warehouse markets. The application is offered in flexible delivery models focused at the SME market in this region. We are confident of the faster ROI the software could provide to this market segment.”
Dave further added, “Europe / UK are the largest logistics hub in the world and it is a niche market for software service providers. We have already started receiving good response in the market and have built a strong pipeline of customers in this market for the WMS product. Four Soft has both the local UK infrastructure and the ability to provide support and services competitively from our Indian base.”
Mr. Umashankar.S, Vice President - Product Marketing, Four Soft, India, added, “The SME market segment prefers IT solutions that offer value for money and quick turn around of their investment and this has motivated Four Soft to introduce new delivery models including ASP, SaaS, softw are on rental basis, etc., ap art from the traditional user based licensing. We look forward to a good increase in the customer demand for WMS
software like that of Four Soft, with this new approach, in the UK / EU regions.”
About Four Soft
Four Soft is an enterprise solutions company providing innovative software products, exclusively for the freight, transportation, logistics and supply-chain management market place and also offers IT consultancy services. It is the market leader in the transportation and logistics segment with a large international client base including the majority of the top transportation & logistics companies in the world. With regional offices strategically located worldwide, it has its software development centre in HITEC city of Hyderabad, India. The Company has large customers including DHL, Kuehne+Nagel, Schenker, PWC Logistics and UTI. Additional information about Four Soft is available at www.four-soft.com.
Four Soft offers a full suite of web-based products across the logistics supply chain. This includes 4S eTrans for Freight Forwarding and Logistics, 4S eLog for Warehouse Management, 4S VisiLog & 4S VisiLog Plus for
Track & Trace, Visibility and Supply Chain Management, 4S eCustoms for Customs Brokerage, 4S iShipping for Shipping Line execution and 4S eConnect for Business-to-Business Connectivity.
For more information please contact
A. H. Abhishek Reddy
Four Soft Limited
Mobile : +91 98664 88880
Email: abhishek.reddy@four-soft.com
Robert Hodgson
Four Soft UK Limited
Mobile : +44 7711 73450
Email: rob.hodgson@four-soft.com
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Four Soft unaffected by financial crises; accomplishes 217% profit growth in the Second Quarter
Rajshekhar Roy, the new CEO, to drive continued business growth of Four Soft |
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Financials at a glance for the quarter ended September 2008 |
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REVENUES |
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Rs. 383.20 million (-8% YoY) |
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EBIDTA |
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Rs. 69.34 million (+81% YoY) |
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PBT |
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Rs. 50.29 million (+217% YoY) |
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PAT |
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Rs. 40.38 million (+254% YoY) |
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Highlights for the quarter |
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- 3 new customers signed across geographies
- Strategic wins in this quarter include one of the largest 3PLs in India
- Successful implementation of the flagship products at several prestigious customer locations
- Rajshekhar Roy takes over as CEO
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Hyderabad, 27 October, 2008 Four Soft (4S) (NSE: "FOURSOFT", BSE: 532521), a global leader offering software solutions for transportation and logistics industry, today announced strong financial results for its second fiscal quarter ended September 30, 2008. The PAT grew to Rs. 40.38 million for the quarter ended September 30, 2008, as compared to Rs. 11.41 million in the corresponding quarter last year. The revenues were of Rs. 383.20 million for the quarter ended September 30, 2008 as compared to Rs. 418.48 million in the corresponding quarter last year.
The quarter has seen a significant jump in profits due to increased operational efficiency and favorable foreign exchange rates. During the quarter, the company also successfully implemented its flagship products at numerous customer sites across the globe. The Company has established itself in the domestic market by adding 7 customers in the last one year and also hopes to further strengthen its presence by penetrating deeper into the Indian transportation and logistics industries.
The company has recorded Rs. 1,111.43 million in sales and a PBT of Rs. 418.36 million for the first half year of the year.
Mr. Biju S Nair, CFO, Four Soft Ltd. Said, “Four Soft has been witnessing a strong growth in profits for last three quarters. We are in a stronger financial position and are taking all possible measures to de-risk the company from any possible economic slowdown.”
Mr. Rajshekhar Roy, CEO added, “I am happy to state that we are seeing significant progress in terms of adding new customers in our existing markets specifically India, Japan and Europe. We are also focusing on new markets such as China, where we hope to build a sizable presence by the end of this financial year. The company has also started the implementation of Lean Management - this will play a major role in improving internal efficiencies thereby increasing profitability.”
About Four Soft Limited
Four Soft is an enterprise solutions company providing innovative software products, exclusively for the freight, transportation, logistics and supply-chain management market place and also offers IT consultancy services. It is the market leader in the transportation and logistics segment with a large international client base including the majority of the top transportation & logistics companies in the world. With regional offices strategically located worldwide, it has its software development centre in HITEC city of Hyderabad, India. The Company has large customers including DHL, Kuehne+Nagel, Schenker, PWC Logistics, UTI and Geodis. Additional information about Four Soft is available at www.four-soft.com.
Four Soft offers a full suite of web-based products across the logistics supply chain. This includes 4S eTrans for Freight Forwarding and Logistics, 4S eLog for warehouse management, 4S VisiLog & 4S VisiLog Plus for Track & Trace, Visibility and Supply Chain Management, 4S eCustoms for Customs Brokerage, 4S iShipping for Shipping Line execution and 4S eConnect for Business-to-Business Connectivity.
For more information please contact
A. H. Abhishek Reddy
Four Soft Limited
Mobile : +91 98664 88880
Email: abhishek.reddy@four-soft.com
Bhawna Sharma
Adfactors PR Pvt Ltd
Tel: +91 11 40565100 -Ext: 151
Email: bhawna.sharma@adfactorspr.com
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Four Soft strengthens its management team with appointment of New CEO
Rajshekhar Roy, the new CEO, to drive continued business growth of Four Soft |
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Hyderabad 14, October 2008 Four Soft (4S) (NSE: "FOURSOFT", BSE: 532521), a global leader in software solutions for transportation and logistics industry, announced today that Rajshekhar Roy is appointed as the new CEO, who will take over the role from Palem Srikanth Reddy, the Chairman and Founder of the company who was also playing the role of CEO. Biju Nair, the current Sr. VP – Finance would be the new CFO.
Raj had joined Four Soft in October 2007 as the Head of Global Delivery and was promoted as the Chief Operating Officer in April 2008. He is an MBA in Marketing from the Indian Institute of Management, Calcutta. He also holds a Bachelor’s degree in Computer Science and Engineering from Jadavpur University, Kolkata. Raj brings with him over 20 years rich business management experience in the areas of software services, business process outsourcing and management consulting. He is also a certified trainer in Organization Development, Change management and Quality management.
Mr. Rajshekhar Roy said, “Four Soft is poised to take advantage of the opportunities that exist in the logistics
marketplace that we address with our product and service offerings. We are fortunate to have committed employees, outstanding customers and state-of-the- art solutions and services. I look forward to further help the company to explore new opportunities in expanding the product portfolio, opening up new regions as
markets and capture additional market share in transportation and logistics segment.” He further added, “It is also encouraging to observe that inspite of the economic turmoil that has broken out recently, our target
market segments that we serve are continuing to offer good scope for increased business.”
On the appointments, Mr. Srikanth Palem, Chairman, Four Soft commented, “Over the past several months, I have actively engaged Raj to take on CEO’s role. His proven track record at Four Soft, along with his commitment to Four Soft employees, stakeholders and customer satisfaction, uniquely qualify him to lead Four Soft’s continuing development. Now with Raj onboard, I would have more bandwidth to focus on strategic initiatives that would help us to excel in the market place and improve value for the shareholders. I would also possibly take up additional social responsibilities. Biju Nair is engaged with Four Soft from the inception of the project and is aptly positioned to act in the capacity of CFO and support Raj on the financial strategies to be employed to drive the company to the next level of growth.”
About Four Soft Limited
Four Soft is an enterprise solutions company providing innovative software products, exclusively for the freight, transportation, logistics and supply-chain management market place and also offers IT consultancy services. It is the market leader in the transportation and logistics segment with a large international client base including the majority of the top transportation & logistics companies in the world. With regional offices strategically located worldwide, it has its software development centre in HITEC city of Hyderabad, India. The Company has large customers including DHL, Kuehne+Nagel, Schenker, PWC Logistics, UTI and Geodis.
Additional information about Four Soft is available at www.four-soft.com
Four Soft offers a full suite of web-based products across the logistics supply chain. This includes 4S eTrans for Freight Forwarding and Logistics, 4S eLog for warehouse management, 4S VisiLog & 4S VisiLog Plus for Track & Trace, Visibility and Supply Chain Management, 4S eCustoms for Customs Brokerage,
4S iShipping for Shipping Line execution and 4S eConnect for Business-to-Business Connectivity.
For more information please contact A. H. Abhishek Reddy
Four Soft Limited
Mobile : +91 98664 88880
Email: abhishek.reddy@four-soft.com
Bhawna Sharma Ningthoujam
Adfactors PR Pvt Ltd
Tel: +91 11 40565100 -Ext: 161
Email: bhawna.sharma@adfactorspr.co
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Four Soft strengthens global operations, appoints Mr. Rajshekhar Roy as COO |
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Hyderabad 12, August 2008 Four Soft (4S) (NSE: "FOURSOFT", BSE: 532521), a global leader in software solutions for transportation and logistics industry, announced today that Mr. Rajshekhar Roy has joined in the capacity of Chief Operating Officer. Mr. Roy will look after the overall Global operations of Four Soft which includes all regional business operations in USA, Asia and Europe for sales and customer service. He will also be responsible for corporate functions such as marketing, product development, quality and technology.
Mr. Rajshekhar Roy has more than 20 years of rich business management experience in the areas of software services, business process outsourcing and management consulting. Prior to his current responsibilities, he was President – Management Consulting with CHR Global, responsible for overall delivery, leading teams in India and overseas. It further included creation of metrics based management for the organization, formulating a business plan to integrate overseas partners operationally and culturally, and to build a team of senior consultants.
Mr. Roy, 44, received his MBA in marketing from the Indian Institute of Management, Calcutta. He holds a Bachelors degree in Computer Science and Engineering from, Jadavpur University, kolkata. He is a certified trainer in Organization Development, Change management and Quality management.
“I am delighted to be appointed as COO of Four Soft Ltd, as the company is leader in proving innovative and most practical software solutions to logistics and transportation industry,” said Mr. Roy. He further added, “I am very excited and mindful of the challenges the company deals with.”
On the appointment Mr . Srikanth Palem, CEO & Managing Director , Four Soft commented,” Four Soft is growing rapidly; therefore, we were searching for some one who could provide leadership to overall global operations. Mr. Roy has necessary experience and has successfully derived teams to accomplish great results. We are sure that he will serve the company well.”
About Four Soft Limited
Four Soft is an enterprise solutions company providing innovative software products, exclusively for the freight, transportation, logistics and supply-chain management market place and also offers IT consultancy services. It is the market leader in the transportation and logistics segment with a large international client base including the majority of the top transportation & logistics companies in the world. With regional offices strategically located worldwide, it has its software development centre in HITEC city of Hyderabad, India. The Company has large customers including DHL, Kuehne+Nagel, Schenker, PWC Logistics, UTI and Geodis.
Additional information about Four Soft is available at www.four-soft.com
Four Soft offers a full suite of web-based products across the logistics supply chain. This includes 4S eTrans for Freight Forwarding and Logistics, 4S eLog for warehouse management, 4S VisiLog & 4S VisiLog Plus for Track & Trace, Visibility and Supply Chain Management, 4S eCustoms for Customs Brokerage, 4S iShipping for Shipping Line execution and 4S eConnect for Business-to-Business Connectivity.
For further information, please contact
A. H. Abhishek Reddy
Four Soft Limited
Mobile : +91 98664 88880
Email: abhishek.reddy@four-soft.com
Bhawna Sharma
Adfactors PR Pvt Ltd
Mobile : +91 99993-90316
Tel: +91 11 40565100 -Ext: 151
Email: bhawna.sharma@adfactorspr.com
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Four Soft reports stellar results Q1 revenues grow 38% to Rs. 651.28 million and profits grow to Rs. 277.32 million |
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Financials at a glance for the quarter ended June 2008 |
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Revenue ............ |
Rs. 651.28 million (+38% YoY) |
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EBIDTA ............ |
Rs. 391.92 million (+490% YoY) |
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PBI ............ |
Rs. 368.07 million (+558% YoY)
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PaT ............ |
Rs. 277.32 million (+786% YoY)
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Highlights for the quarter |
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- 10 New customers signed across geographies
- Strategic wins in this quarter include PTT Thailand and a large Indian customer
- Closes a large business transaction with an existing customer
- Good traction in the shipping/ carriers market
- Strengthens its position in the domestic market
- Successful implementation of the flagship products at several prestigious customer locations. Goes live at a global logistic giant.
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Hyderabad 22, July 2008 Four Soft (4S) (NSE: "FOURSOFT", BSE: 532521), a global leader offering software solutions for transportation and logistics industry, today announced strong financial results for its first fiscal quarter ended June 30, 2008. The PAT grew to Rs. 277.32 million for the quarter ended June 30, 2008, as compared to Rs. 31.29 million in the corresponding quarter last year. The revenues touched a new high of Rs. 651.28 million for the quarter ended June 30, 2008 as compared to Rs. 470.53 million in the corresponding quarter last year.
The quarter has seen a significant jump in revenues & profits with a unique transaction involving sale of customer-specific legacy software solution to an existing customer on non- exclusive basis. During the quarter, the company also successfully implemented its flag ship products at many customer sites across the globe including that of a blue chip global logistics company.
Mr. Srikanth Palem, CEO & Managing Director, Four Soft Ltd. said, "In the current economic situation, we are pleased to emphasize that our company continues to see good traction in customer acquisitions of its flag ship products. We have started reaping the benefits of integration of our previous acquisitions.
Mr. Rajshekhar Roy, COO added, Our focus would continue to be on customer engagement ·existing and new, business development in new geographies including China and continuous improvement in service levels of quality and delivery. In addition, we would continue to focus at Indian markets and leverage the recent wins.
About Four Soft Limited
Four Soft is an enterprise solutions company providing innovative software products, exclusively for the freight, transportation, logistics and supply-chain management market place and also offers IT consultancy services. It is the market leader in the transportation and logistics segment with a large international client base including the majority of the top transportation & logistics companies in the world. With regional offices strategically located worldwide, it has its software development centre in HITEC city of Hyderabad, India. The Company has large customers including DHL, Kuehne+Nagel, Schenker, PWC Logistics, UTI and Geodis. Additional information about Four Soft is available at www.four-soft.com.
Four Soft offers a full suite of web-based products across the logistics supply chain. This includes 4S eTrans for Freight Forwarding and Logistics, 4S eLog for warehouse management, 4S VisiLog & 4S VisiLog Plus for Track & Trace, Visibility and Supply Chain Management, 4S eCustoms for Customs Brokerage, 4S iShipping for Shipping Line execution and 4S eConnect for Business-to-Business Connectivity.
For further information, please contact
A. H. Abhishek Reddy
Four Soft Limited
Mobile : +91 98664 88880
Email: abhishek.reddy@four-soft.com
Bhawna Sharma
Adfactors PR Pvt Ltd
Mobile : +91 99993-90316
Tel: +91 11 40565100 -Ext: 151
Email: bhawna.sharma@adfactorspr.com
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Four Soft gets bullish in global market
The company has won 13 clients in last six months across the world |
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| Hyderabad 25, June 2008 Four Soft Limited (NSE: "FOURSOFT", BSE: 532521), a global leader providing software solutions for transportation and logistics verticals, has secured 13 clients in the last six months. The recent client-wins have strengthened Four Soft’s global footprint with clients spread across USA, Netherlands, Singapore, Bangkok and India.
Few of the companies that have chosen Four Soft as their preferred partner include Samudera Shipping Line, IAL Group, Colvan Netherlands BV, Liege Handling Services and PTT Polymer Logistic Co. Ltd. The transportation and logistics applications provided by Four soft have been widely implemented with tremendous recognition by major global players.
One of the customers, Mr Supachoke Liamkaeo, Managing Director, PTTPL, Bangkok had then commented on the deal, "We were assessing a software solution that will simplify the operations, improve productivity and provide effective services to our customers. We chose Four Soft for its proven expertise in providing and implementing such solutions across multiple customer locations. We have devised rapid schedules to implement the software across PTTPL's multiple locations to run our trucking business efficiently. By implementing 4S eTrans, we hope to increase our operational efficiency and take control of our logistics movements across our multiple locations.”
Mr. Srikanth Palem, Chairman and CEO, Four Soft said, “We at Four Soft have been constantly innovating, recording phenomenal growth and winning the trust of customers across the globe. I am positive and excited to be a part of such a revolution and I hope we continue to do good work. We are committed to provide customers with innovative, cost-effective and finest solutions.”
Four Soft with its strengths in technology, products and management has aggressive plans for organic growth and expects to grow the global client base.
About Four Soft Limited
Four Soft is an enterprise solutions company providing innovative software products, exclusively for the freight, transportation, logistics and supply-chain management market place and also offers IT consultancy services. It is the market leader in the transportation and logistics segment with a large international client base including the majority of the top transportation & logistics companies in the world. With regional offices strategically located worldwide, it has its software development centre in HITEC city of Hyderabad, India. The Company has large customers including Eagle Global Logistics ((EGL), now CEVA Logistics), DHL, Kuehne+Nagel, Schenker, CH Robinson Europe, PWC Logistics, Panasonic Logistics, UTI and Geodis.
Four Soft offers a full suite of web-based products across the logistics supply chain. This includes 4S eTrans and 4S eTrans SME for Freight Forwarding and Logistics, 4S eLog for warehouse management, 4S VisiLog & 4S VisiLog Plus for Track & Trace, Visibility and Supply Chain Management, 4S eCustoms for Customs Brokerage, 4S iShipping for Shipping Line execution and 4S eConnect for Business-to-Business Connectivity. Additional information about Four Soft is available at www.four-soft.com.
For further information, please contact
A. H. Abhishek Reddy
Four Soft Limited
Mobile : +91 98664 88880
Email: abhishek.reddy@four-soft.com
Bhawna Sharma
Adfactors PR Pvt Ltd
Mobile : +91 99993-90316
Tel: +91 11 40565100 -Ext: 151
Email: bhawna.sharma@adfactorspr.com |
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PTT Polymer Logistic Co. Ltd, Thailand selects Four Soft's 4S eTrans as their
TMS application
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Four Soft Limited (NSE: "FOURSOFT", BSE: 532521), Hyderabad, India,
a global leader providing software solutions for transportation and logistics verticals, announced today that it has been chosen by PTT Polymer Logistics Co. Ltd. (PTTPL), a company of PTT Group, Bangkok, to deploy its transportation application - 4S eTrans across PTTPL's multiple locations in Bangkok, to support its trucking business.
4S eTrans is built on the modern J2EE technology. It is an on-line web-based application and seamlessly integrates air, ocean and truck operations with inbuilt freight accounting module. The software automates the multi-mode transportation functions and offers visibility of the goods in several stages of processing, both to the logistics providers and their customers, at any given time.
PTT group is a Bangkok based company, backed by Government of Thailand. PTT and its Petrochemical subsidiaries have planned to expand their downstream business in Petrochemical industry. These products are also distributed both in domestic market and worldwide. In order to have a better control over logistics activities for this expansion, PTT Polymer Logistics Company Limited (PTTPL) was established in September 2006 to provide full logistics service for PTT Petrochemical subsidiary companies.
Mr Supachoke Liamkaeo, Managing Director, PTTPL, Bangkok commented on the deal, "we were assessing a software solution that will simplify the operations, improve productivity and provide effective services to our customers. We chose Four Soft for its proven expertise in providing and implementing such solutions across multiple customer locations. We have devised rapid schedules to implement the software across PTTPL's multiple locations to run our trucking business efficiently. By implementing 4S eTrans, we hope to increase our operational efficiency and take control of our logistics movements across our multiple locations.
Mr. Rakesh Kumar, VP Sales - Asia Pacific, Four Soft commented, “By combining our thorough understanding of the logistics business and expertise in deploying state-of-the art software solutions, we will facilitate PTTPL to run its trucking operations efficiently and profitably. We are also pleased to get associated with PTTPL through our Channel Partner, Dynamic Solutions & Advanced Technologies Ltd (DSAT), Bangkok, which is one of Bangkok’s prestigious technology companies. Our strong association with our key Channel Partners augments our ability to reach customers and build strong customer relationships, as with PTTPL.”
Mr. Nirmal Kumar Jayaraj (Nicky), GM – Operations, DSAT commented, “There is an increasing demand for Logistic business Solution in Thailand. We believe that Four Soft products will cater to this niche market. I would shortly quote that “We have got a right product for the right market at the right time from the right hands.”
About DSat
DSAT is a Thai registered company with its presence existing in India, Vietnam & China also. DSAT has 3 State of Art development center ( India, Thailand & Vietnam). DSAT Thailand is the blend of Energetic Thai IT professionals with skilled Indians who has more than a decade of IT experience and has worked with CMM level 5 companies. DSAT is striving to bring the latest Indian technology into the Thai market.
DSat’s mission is to provide services and solutions for a dynamic environment where business and technology strategies converge, address diverse customer needs by listening attentively to customers to truly understand their needs, then delivering integrated, one stop solution that translate into customer success. Additional Information about DSAT is available at www.d-sat.com
About Four Soft Limited
Four Soft is an enterprise solutions company providing innovative software products, exclusively for the freight, transportation, logistics and supply-chain management market place and also offers IT consultancy services. It is the market leader in the transportation and logistics segment with a large international client base including the majority of the top transportation & logistics companies in the world. With regional offices strategically located worldwide, it has its software development centre in HITEC city of Hyderabad, India. The Company has large customers including DHL, Kuehne+Nagel, Schenker, PWC Logistics, Panasonic Logistics, UTI and Geodis. Additional information about Four Soft is available at www.four-soft.com
Four Soft offers a full suite of web-based products across the logistics supply chain. This includes 4S eTrans, 4S eTrans SME and 4S iLogistics for Freight Forwarding and Logistics, 4S eLog for warehouse management, 4S VisiLog & 4S VisiLog Plus for Track & Trace, Visibility and Supply Chain Management, 4S eCustoms for global Customs Brokerage and 4S iShipping for Liner Shipping operations.
For further information, please contact
A. H. Abhishek Reddy
Four Soft Limited
Mobile : +91 98664 88880
Email: abhishek.reddy@four-soft.com
Bhawna Sharma
Adfactors PR Pvt Ltd
Mobile : +91 99993-90316
Tel: +91 11 40565100 -Ext: 151
Email: bhawna.sharma@adfactorspr.com
Four Soft - Thailand
36th Floor, State Tower, Silom Road,
Bangrak, Bangkok 10500
Thailand.
Phone: 662-6309885, 87
Fax : 662 - 6309886
Email: project operation : nicky@four-soft.com
Sales and marketing : ploy@four-soft.com
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Four Soft PAT multiplies 5 times announces impressive Financials Operational PBT up by 28% |
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HIGHLIGHTS |
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- Profit After Tax (PAT) multiplies 5 times as compared to last year
- Operational Profit Before Tax ( PBT) up by 28%
- Earnings Per Share up( EPS) by 4.75 times
- License Revenues up by 79%
- 15 new customers added during the year
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Mumbai, 01 May 2008 Four Soft Limited (4S) (NSE: "FOURSOFT", BSE: 532521), a globally leading software solutions provider of transportation and logistics management, today announced un-audited financial results for the financial year ended 31 st March 2008.
The year was marked by impressive number of client acquisitions. Consolidated revenue from Operations was Rs. 173 crore and Operational PBT was Rs.16.35 crore. This is a considerable increase of about 6% in the revenue as compared to last year’s figure of 163 crore and about 28% in the Operational PBT as compared to previous year’s figures of Rs. 12.79 crore. During the fourth Quarter of FY07-08, the revenue reported was Rs. 44 crore and the PBT was Rs. 5.59 crore, that has quite significantly contributed to the impressive annual results.
Commenting on the results, Mr. Biju.S Nair, Senior Vice President - Finance & HR, Four Soft Limited, said, “We are very pleased to announce successful Quarterly results. This is a combined effect of increased revenue from license and maintenance, client acquisitions and optimized operations carried out of a successfully implemented integration plan of our acquisitions in the past. This, coupled with successful implementation of our products at reputed client sites globally, has helped us to comeback very strongly.”
On the future plans, Mr. Palem Srikanth Reddy, CEO, MD and Chairman of Four Soft Limited stated, “We have planned to step up our focus on domestic market and we are very happy to see strong traction and pipeline in the last 6 months from this part of the globe.” Speaking on the occasion he also commented, “We have strengthened our management team in the recent past and this would help our plans for the future.”
About Four Soft Limited
Four Soft is an enterprise solutions company providing innovative software products, exclusively for the freight, transportation, logistics and supply-chain management market place and also offers IT consultancy services. It is the market leader in the transportation and logistics segment with a large international client base including the majority of the top transportation & logistics companies in the world. With regional offices strategically located worldwide, it has its software development centre in HITEC city of Hyderabad, India. The Company has large customers including Eagle Global Logistics ((EGL), now CEVA Logistics), DHL, Kuehne+Nagel, Schenker, PWC Logistics, Panasonic Logistics, UTI and Geodis. Additional information about Four Soft is available at www.four-soft.com.
Four Soft offers a full suite of web-based products across the logistics supply chain. This includes 4S eTrans and 4S eTrans SME for Freight Forwarding and Logistics, 4S eLog for warehouse management, 4S VisiLog & 4S VisiLog Plus for Track & Trace, Visibility and Supply Chain Management, 4S eCustoms for Customs Brokerage, 4S iShipping for Shipping Line execution and 4S eConnect for Business-to-Business Connectivity.
For further information, please contact
P. Subramanyam - 9985033615
Four Soft Limited
subramanyam.p@four-soft.com |
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Liege Handling Services selects Four Soft's 4S eTrans SME for implementation across Liege's multiple locations |
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Hyderabad, April 21, 2008 Four Soft Netherlands BV, a subsidiary of Four Soft Limited, India (NSE: "FOURSOFT", BSE: 532521)and a global leader providing software solutions for transportation and logistics verticals, has secured a contract with Liege Handling Services, a Dutch based ramp and warehouse handler at Liege Airport, Belgium, to implement its freight forwarding software - 4S eTrans SME across Liege’s multiple locations.
4S eTrans SME is a modular enterprise application, designed to automate, streamline and support the multi-modal freight forwarding operations. It provides the logistics industry with a flexible and complete software solution to manage business efficiently, increase productivity and improve the overall service to their customers.
4S eTrans SME has rich functionality and integrated modules which will fit Liege’s business processes and requirement. Once implemented, the industry-specific solution will offer a single user interface for Liege’s employees to access and share its operational and financial supply-chain information, allowing increased visibility of its goods.
Mr. Jeroen Rodenstein, Director – Four Soft Netherlands BV., speaking on the deal said, “The year 2008 has been very fruitful for us with more and more customers realizing our market presence and our range of software applications for various supply-chain players. We are excited to have signed the contract with Liege to implement 4S eTrans SME and we are sure Liege will be able to consolidate its multi-modal operations using our software.”
Mr. H. Peeters, Director, Liege Handling Services commented, "Liege has been on a continuous growth path and we were looking for an integrated application to work hand-in-hand with our spiraling business needs. 4S eTrans SME on evaluation, fitted our needs perfectly and we are going ahead with the implementation in the next three months. By implementing this software, we hope to improve the operational efficiency and accuracy of our business processes and offer our customers better visibility of their goods.”
About Liege Handling Services
Liege Handling Services S.A. (LHS) is the new ramp and warehouse handler at the airport of Liege. Geographically located in the North-East of Belgium, Liege Airport lies in the heart of Western Europe, strategically in between the major main ports of Europe: Amsterdam, Frankfurt and Paris.
For more information, visit http://www.liegehandling.com/
About Four Soft Limited
Four Soft (4S) is an enterprise solutions company providing innovative software products, exclusively for the freight, transportation, logistics and supply-chain management industry. 4S also offers IT consultancy and IT enabled services. 4S is the market leader in the transportation and logistics segment with a large international client base including the majority of the top transportation and logistics companies in the world, including Eagle Global Logistics (now CEVA Logistics), DHL, Kuehne+Nagel, Schenker, PWC Logistics, Yusen, Panasonic Logistics and UTi. It has regional offices and software development centers located worldwide, with main development centre in HITEC city of Hyderabad, India.
Four Soft offers a full suite of web-based products across the logistics supply chain. This includes 4S eTrans and 4S eTrans SME for Freight Forwarding and Logistics, 4S VisiLog & 4S VisiLog Plus for Track & Trace, Visibility, and Supply Chain Management, 4S eCustoms to cover Customs Brokerage, 4S iShipping for Shipping Line execution and 4S eConnect for Business to Business Connectivity.
Additional information about Four Soft is available at: http://www.four-soft.com
For further information, please contact
A. H. Abhishek Reddy
Four Soft Limited
Mobile : +91 98664 88880
Email: abhishek.reddy@four-soft.com
Bhawna Sharma
Adfactors PR Pvt Ltd
Mobile : +91 99993-90316
Tel: +91 11 40565100 -Ext: 151
Email: bhawna.sharma@adfactorspr.com
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Four Soft wins contract with Colvan Netherlands for implementation of freight forwarding software |
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Hyderabad, April 15, 2008 Four Soft Netherlands BV, a subsidiary of Four Soft Limited, India (NSE: "FOURSOFT", BSE: 532521), a global leader in software solutions for transportation and logistics verticals, is pleased to announce today the signing of contract with Colvan Netherlands BV, for implementation of its freight forwarding software - 4S eTrans SME.
As per the terms of the contract, Four Soft Netherlands will implement 4S eTrans SME across Colvan’s multiple locations in Netherlands. 4S eTrans SME is a modular enterprise application, designed to automate, streamline and support the multi-modal freight forwarding operations. It provides the logistics industry with a flexible and complete software solution to manage business efficiently, increase productivity and improve the overall service to their customers. By implementing 4S eTrans SME at its Netherlands operations, Colvan will be able to integrate its multiple business processes and offer its customers visibility of the goods from the point of booking to delivery at destination.
Mr. Jeroen Rodenstein, Director – Four Soft Netherlands BV, commented, “By implementing 4S eTrans SME, Colvan will have better visibility of shipments across the supply-chain, due to integrated business processes. The time spent on executing a shipment will be drastically cut down and will help them concentrate on adding more volume to their business.”
Mr. H. Merceij, Managing Director of Colvan Netherlands BV, Netherlands commented, “We selected Four Soft after careful evaluation of several vendors because of its cutting edge technology, superior functionality, accumulated years of expertise in successfully implementing and delivering world class freight forwarding software. We are looking forward to the integrated operational benefits of working on a single system and we hope to provide an enhanced level of services to our customers, owing to the streamlined operational processes.”
About Colvan Netherlands BV
Colvan Netherlands BV is an international freight forwarding company, founded in January 2002 as a strategic decision of Colvanbridge UK.
The success of Colvanbridge UK is based on the fact that they have proven to be a reliable partner in all logistic services for more than 25 years. The shoe business is the backbone of the UK company, which has resulted in Colvanbridge becoming the “Footwear specialist” in the UK. With offices in the Netherlands, Spain, Italy, Portugal, and Hong Kong and with strategic partners, world wide, Colvanbridge UK offers the best level of service from all over the globe to the United Kingdom.
For customers, the newly expanded entity will seek to deliver the most effective and extensive products and solutions through superior speed, technology and innovation.
About Four Soft
Four Soft is an enterprise solutions company providing innovative software products, exclusively for the freight, transportation, logistics and supply-chain management market place and also offers IT consultancy services. It is the market leader in the transportation and logistics segment with a large international client base including the majority of the top transportation & logistics companies in the world. With regional offices strategically located worldwide, it has its software development centre in HITEC city of Hyderabad, India. The Company has large customers including DHL, Kuehne+Nagel, Schenker, PWC Logistics, Panasonic Logistics, UTI and Geodis. Additional information about Four Soft is available at www.four-soft.com.
Four Soft offers a full suite of web-based products across the logistics supply chain. This includes 4S eTrans and 4S eTrans SME for Freight Forwarding and Logistics, 4S eLog for warehouse management, 4S VisiLog & 4S VisiLog Plus for Track & Trace, Visibility and Supply Chain Management, 4S eCustoms for Customs Brokerage, 4S iShipping for Shipping Line execution and 4S eConnect for Business-to-Business Connectivity.
For further information, please contact
A. H. Abhishek Reddy
Four Soft Limited
Mobile : +91 98664 88880
Email: abhishek.reddy@four-soft.com
Bhawna Sharma
Adfactors PR Pvt Ltd
Mobile : +91 99993-90316
Tel: +91 11 40565100 -Ext: 151
Email: bhawna.sharma@adfactorspr.com
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FlyJac Logistics announces rollout of Four Soft's web-enabled warehouse management system - 4S eLog, for one of its largest customers |
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Hyderabad, April 10, 2008 Flyjac Logistics Pvt Ltd, a large logistics player in India, with global
footprint announced today the rollout of 4S eLog, Four Soft’s warehouse management application at its RF enabled warehouse for one of its largest customers. Four Soft (4S) (NSE: "FOURSOFT", BSE: 532521), is a global leader in software solutions for transportation and logistics verticals.
4S eLog is a web-centric warehouse management system for logistics service providers, designed to provide the core operational needs for global and domestic freight forwarding, transport, 3PL, 4PL and distribution companies.
Flyjac Logistics Pvt Ltd, which has multiple Warehouses in India, went live with Four Soft’s Warehouse Management Application - 4S eLog. With proven WMS solution like 4S eLog, Flyjac has witnessed increase in inventory visibility and accuracy, elimination of manual processes in receiving & picking and improvement in the customer service levels. As a result of the implementation, FlyJac has experienced over 98% inventory accuracy across its warehouses.
Flyjac, which already uses Four Soft’s 4S eTrans for its international freight and multi-modal transportation operations since the last 7 years and 4S eLog for its warehouse management since last 4 years, is now rolling out advance features including RF controlled picking, packing and shipping capabilities to all its customers.
“To manage Flyjac’s multiple warehouses spread across the country efficiently, we wanted a software system which would not only cater to our operational needs, but also reduce the manual processes and inventory errors. We chose 4S eLog for its ability to connect all our warehouses online providing visibility to Flyjac, our customers as well as customers’ customers. With this implementation, we are able to cater to our customers swiftly due to various factors like visibility, quick turn-around-time, etc. We are delighted with the success of 4S eLog in our organization and we congratulate all of those involved from FlyJac and Four Soft,” said Mr. R. Kumaran, CIO of Flyjac.
On the successful implementation, Mr. Rakesh Kumar, Vice President - Asia Pacific, Four Soft, commented "We are very delighted to have successfully implemented our software across Flyjac’s multiple locations and customers and we are committed to continuously provide our support and keep providing functionality enhancements as and when required. We are happy to note that Flyjac is able to reap the benefits by using our software, as demonstrated by us.”
For customers, the newly expanded entity will seek to deliver the most effective and extensive products and solutions through superior speed, technology and innovation.
About Flyjac Logistics Pvt Ltd
Flyjac Logistics Pvt Ltd is a global logistics player with presence in 40 countries including 24 offices in India. They are also the Ground Handling Agent for AAI at New Delhi and Amristar. For more information, visit http://www.flyjaclogistics.com.
About Four Soft Limited
Four Soft is an enterprise solutions company providing innovative software products, exclusively for the freight, transportation, logistics and supply-chain management market place and also offers IT consultancy services. It is the market leader in the transportation and logistics segment with a large international client base including the majority of the top transportation & logistics companies in the world. With regional offices strategically located worldwide, it has its software development centre in HITEC city of Hyderabad, India. The Company has large customers including DHL, Kuehne+Nagel, Schenker, PWC Logistics, Panasonic Logistics, UTI and Geodis. Additional information about Four Soft is available at : www.four-soft.com
Four Soft offers a full suite of web-based products across the logistics supply chain. This includes 4S eTrans for Freight Forwarding and Logistics, 4S eLog for warehouse management, 4S VisiLog & 4S VisiLog Plus for Track & Trace, Visibility and Supply Chain Management, 4S eCustoms for Customs Brokerage, 4S iShipping for Shipping Line execution and 4S eConnect for Business-to-Business Connectivity.
For further information, please contact
A. H. Abhishek Reddy
Four Soft Limited
Mobile : +91 98664 88880
Email: abhishek.reddy@four-soft.com
Bhawna Sharma
Adfactors PR Pvt Ltd
Mobile : +91 99993-90316
Tel: +91 11 40565100 -Ext: 151
Email: bhawna.sharma@adfactorspr.com
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Aries Global Logistics selects Four Soft's Purchase Order Management System software for Logistics Management |
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Hyderabad, April 03, 2008 Four Soft (4S) (NSE: "FOURSOFT", BSE: 532521), a global leader in software solutions for transportation and logistics verticals, announced today that Aries Global Logistics (AGL), a large New York based International Freight Forwarder/NVO and Customs-House broker, has selected Four Soft’s Purchase Order Management System software (4S VisiLog) for its logistics management.
4S VisiLog is a web based collaborative portal for logistics service providers, covering visibility, order management and order execution functions. By implementing 4S VisiLog, AGL will be able to execute, track, and manage the purchase orders of its clients with seamless interface into their backbone freight forwarding system for continuous shipment visibility and supply chain partner collaboration.
On the occasion, Krishna Rallabhandi, General Manager & Director, Four Soft USA Inc., stated, “We are excited at the opportunities new generation products of Four Soft present for our existing customer base globally. 4S VisiLog is one example of the tremendous win-win potential. We hope to continuously present our customers with added value and true partnership.”
AGL's President, Frank D'Ambra, stated, "4S VisiLog clearly offers AGL, AGL's clients and agent partners the most dynamic and comprehensive traffic management and tracking solution available in the market today. We expect 4S VisiLog to not only perform as advertised, but surpass the market expectations with respect to online Logistics management software."
About AGL
Aries Global Logistics is a leading New York based International Freight / NVO and Customs-House Broker with six offices in USA and representations in all major port and airports around the World. Aries Global Logistics provides competitive transportation and logistics services tailored to the customer’s exact needs. At Aries the focus is providing the customer with a single solution for all their international logistics requirements without ever losing sight of the main objective that is, providing the very best Customer Service available today. For more information, visit: http://www.ariesgl.com.
About Four Soft Limited
Four Soft is an enterprise solutions company providing innovative software products, exclusively for the freight, transportation, logistics and supply-chain management market place and also offers IT consultancy services. It is the market leader in the transportation and logistics segment with a large international client base including the majority of the top transportation & logistics companies in the world. With regional offices strategically located worldwide, it has its software development centre in HITEC city of Hyderabad, India. The Company has large customers including DHL, Kuehne+Nagel, Schenker, PWC Logistics, Panasonic Logistics, UTI and Geodis. Additional information about Four Soft is available at www.four-soft.com.
Four Soft offers a full suite of web-based products across the logistics supply chain. This includes 4S eTrans for Freight Forwarding and Logistics, 4S eLog for warehouse management, 4S VisiLog & 4S VisiLog Plus for Track & Trace, Visibility and Supply Chain Management, 4S eCustoms for Customs Brokerage, 4S iShipping for Shipping Line execution and 4S eConnect for Business-to-Business Connectivity.
For further information, please contact
A. H. Abhishek Reddy
Four Soft Limited
Mobile : +91 98664 88880
Email: abhishek.reddy@four-soft.com
Bhawna Sharma
Adfactors PR Pvt Ltd
Mobile : +91 99993-90316
Tel: +91 11 40565100 -Ext: 151
Email: bhawna.sharma@adfactorspr.com
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Four Soft Ltd. and TAKE Solutions propose to merge to establish Global Leadership in SCM |
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Chennai/Hyderabad, March 28, 2008 Four Soft Ltd. (4S) ( NSE: "FOURSOFT", BSE: 532521) and TAKE Solutions Ltd. (BSE: TAKE) (NSE: TAKE), the leading providers of IT products and solutions in the Supply Chain Management space -- today announced their intent to merge. The combination will create a truly global, comprehensive company with one of the largest product offerings in Supply Chain Management.
Both companies have received “in principle” approval from their Board of Directors to consider the merger. Both Boards will appoint independent firms of Chartered Accountants and financial advisors to reach a fair valuation for the shareholders of both the companies.
The Boards of the two Companies expect to meet within 6 to 8 weeks to consider the reports of the advisors. The merger, if approved by both the Boards, will be subject to shareholders' approval of both companies and other regulatory approvals.
Mr. Palem Srikanth Reddy, Chairman & CEO, Four Soft Ltd said,
“Four Soft has full service products/offerings on the service provider segments. Take Solutions’ product offerings complement this very well on the enterprise side. The combined range of Intellectual Property is unmatched globally and will enable both, good customer traction and good shareholder value”
Commenting on the proposed merger, Mr. Srinivasan.H.R, Vice Chairman & Vision Holder, Take Solutions Ltd, said,
“The coming together of two leading first generation IT companies with similar philosophies and vision will create a significant Intellectual Property company based out of India with worldwide operations. Four Soft Ltd. is a perfect foil to TAKE Solutions. Our strong presence in the US and Asia Pacific complements Four Soft’s dominance in Europe and Japan. The proposed merger of the two companies will leverage Indian innovation and a strong partnering philosophy to become a truly global company in size and capability in the coming years.”
For customers, the newly expanded entity will seek to deliver the most effective and extensive products and solutions through superior speed, technology and innovation.
About TAKE Solutions
TAKE Solutions is a leading international business technology company with products backed by a strong domain expertise in Life Sciences and Supply Chain Management - to provide cost-effective, comprehensive solutions for businesses. The vision of the company is to drive industry best practices through our proprietary, in-depth product know-how and solutions that enable business efficiencies for clients. Since its inception in 2000, TAKE has been serving marquee clients in the Life Sciences and SCM arena. TAKE Solutions conducts business today in 12 countries with more than 300 customers.
Headquartered in Chennai, TAKE primarily drives its SCM Domain Excellence Centre and Global Delivery Centre from India. Company has strong presence in the USA with Life Sciences Domain Excellence centers located in Princeton, New Jersey.
TAKE Solutions is assessed at Level 5 of the Capability Maturity Model Integration (CMMI), Software Engineering Institute, Carnegie Mellon University, USA. TAKE Solutions is a Microsoft Gold Certified Partner, a Charter Member of the Microsoft BioIT Alliance, and is a Registered CDISC Solution Provider. www.takesolutions.com (BSE/NSE Code: TAKE)
About Four Soft Limited
Four Soft is an enterprise solutions company providing innovative software products, exclusively for the freight, transportation, logistics and supply-chain management industry. 4S also offers IT consultancy and IT enabled services. 4S is the market leader in the transportation and logistics segment with a large international client base including the majority of the top transportation and logistics companies in the world, including Eagle Global Logistics (now CEVA Logistics), DHL, Schenker, PWC Logistics, Yusen, Panasonic Logistics and UTi. It has regional offices and software development centers located worldwide, with main development centre in HITEC city of Hyderabad, India.
Four Soft offers a full suite of web-based products across the logistics supply chain. This includes 4S eTrans for Freight Forwarding and Logistics, 4S VisiLog & 4S VisiLog Plus for Track & Trace, Visibility,and Supply Chain Management, 4S eLog for Warehouse Management Systems, 4S eCustoms to cover Customs Brokerage, 4S iShipping for Shipping Line execution and 4S eConnect for Business to Business Connectivity.
Four Soft is listed on the National Stock Exchange and Bombay Stock Exchange
For further information, please contact
Mr. Umashankar.S
Sr. General Manager – Marketing & PR
Four Soft Limited
Tel: 040- 23100600/601
Fax: 040- 23100602
Email ID: umashankar.s@four-soft.com
Bhawna Sharma
Adfactors PR Pvt Ltd
Mobile : +91 99993-90316
Tel: +91 11 40565100 -Ext: 151
Email: bhawna.sharma@adfactorspr.com
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IAL Group, a leading Shipping and Logistics company selects Four Soft's 4S eTrans software for Indian Operations |
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Four Soft (4S) (NSE: "FOURSOFT", BSE: 532521), a global leader in software solutions for Transportation and Logistics verticals, announced today that IAL group, a leading shipping and logistics organization, has selected 4S eTrans, the most preferred software application amongst the transportation community to support their multi-modal freight forwarding operations in India.
IAL is one of the largest Shipping & Logistics companies in the sub-continent and has a strong presence in Asia with its own office network. IAL group will utilize 4S eTrans for better visibility, real time information on the shipments, better reports and most importantly better billing cycle. The group plans to implement 4S eTrans software in all its branches, commencing with Delhi.
4S eTrans is built on the modern J2EE technology. It is an on-line web-based application and seamlessly integrates air, ocean and truck operations with inbuilt freight accounting module. The software automates the multi-mode transportation functions and offers visibility of the goods in several stages of processing, both to the logistics providers and their customers, at any given time.
“Four Soft is committed to provide customers with innovative, cost-effective software solutions that offer unparalleled choice and flexibility while delivering real business benefits,” said Mr. Rakesh Kumar, Vice President, Asia Pacific. “When organizations like IAL choose to implement 4S eTrans, it validates the fact that transportation and logistics companies are becoming increasingly aware of the fact that they require the best software to flawlessly integrate various transportation operations with inbuilt freight accounting module in order to gain operational efficiency, global visibility and enhanced customer services.”
Mr. Arjun Menon , Director, IAL Group said, “we have chosen 4S eTrans after detailed evaluation. The solution is readily available and meets our requirements. Our customers will benefit the most by the application of this software. We feel that the implementation of 4S eTrans software will provide our customers and us with enhanced visibility and real time information on shipments,” Mr. Menon further added.
About IAL group
IAL group offers Supply Chain Logistics Solutions, both International and In-country, through its wholly owned and managed agencies across the Middle East, Indian subcontinent, South East Asia and the Far East and through its strategic partners worldwide, providing ‘Premium Personalized Service.’ For more information, please visit: www.ial.com.
About Four Soft Limited
Four Soft is an enterprise solutions company providing innovative software products, exclusively for the freight, transportation, logistics and supply-chain management market place and also offers IT consultancy services. It is the market leader in the transportation and logistics segment with a large international client base including the majority of the top transportation & logistics companies in the world. With regional offices strategically located worldwide, it has its software development centre in HITEC city of Hyderabad, India. The Company has large customers including DHL, Kuehne+Nagel, Schenker, PWC Logistics, Panasonic Logistics, UTI and Geodis. Additional information about Four Soft is available at www.four-soft.com.
Four Soft offers a full suite of web-based products across the logistics supply chain. This includes 4S eTrans for Freight Forwarding and Logistics, 4S eLog for warehouse management, 4S VisiLog & 4S VisiLog Plus for Track & Trace, Visibility and Supply Chain Management, 4S eCustoms for Customs Brokerage, 4S iShipping for Shipping Line execution and 4S eConnect for Business-to-Business Connectivity.
For further information, please contact
A. H. Abhishek Reddy
Four Soft Limited
Mobile : +91 98664 88880
Email: abhishek.reddy@four-soft.com
Bhawna Sharma
Adfactors PR Pvt Ltd
Mobile : +91 99993-90316
Tel: +91 11 40565100 -Ext: 151
Email: bhawna.sharma@adfactorspr.com
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Four Soft and Samudera Shipping Line Sign Contract for Shipping Software |
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Singapore , 30 Jan 2008 Four Soft (4S) ( NSE: "FOURSOFT", BSE: 532521), a leading software solutions provider for Transportation and Logistics verticals, further strengthens its position as the global leader by signing a contract with Samudera Shipping Line Ltd., a Singapore based company, recently. Under the terms of the agreement, 4S will implement its shipping software solution – 4S iShipping to cater to the Samudera’s shipping business.
4S iShipping has rich functionality and integrated modules which will fit Samudera’s business processes and requirement. Once implemented, the industry-specific solution will offer a single user interface for Samudera’s employees to access and share its operational and financial supply-chain information, allowing for increased visibility of its goods.
Mr. Rakesh Kumar, Vice President – Asia, Four Soft, speaking on the deal, said “Our client realized it was imperative to consolidate its IT operations to stay ahead of the competition by implementing a single software system, on a single platform to improve its service to customers. 4S iShipping enhances the business intelligence, providing real-time information and visibility of goods, thus lowering the operational costs, whilst providing better information to staff, business partners and customers. It is a great sense of pride to be associated with Samudera Shipping Line, which is one of the top shipping liners in Asia.”
"As we continue to grow and expand our business globally, we required an integrated application to work in tandem with our rapid business growth and needs. After several rounds of evaluation of several vendors, we chose Four Soft as our vendor to implement their proven shipping software - 4S iShipping. By implementing this software, we wish to improve the efficiency and accuracy of our business processes and help us make agile and accurate business decisions”, quoted Mr Chan Ngok Chuin, GM (MIS), Samudera Shipping.
About Four Soft Limited
Four Soft is an enterprise solutions company providing innovative software products, exclusively for the freight, transportation, logistics and supply-chain management industry. 4S also offers IT consultancy and IT enabled services. 4S is the market leader in the transportation and logistics segment with a large international client base including the majority of the top transportation and logistics companies in the world, including Eagle Global Logistics (now CEVA Logistics), DHL, Kuehne+Nagel, Schenker, PWC Logistics, Yusen, Panasonic Logistics and UTi. It has regional offices and software development centers located worldwide, with main development centre in HITEC city of Hyderabad, India.
Four Soft offers a full suite of web-based products across the logistics supply chain. This includes 4S eTrans for Freight Forwarding and Logistics, 4S eLog for Warehouse Management, 4S VisiLog & 4S VisiLog Plus for Track & Trace, Visibility and Supply Chain Management, 4S eCustoms to cover Customs Brokerage, 4S iShipping for Shipping Line execution and 4S eConnect for Business to Business Connectivity. Additional information about Four Soft is available at: http://www.four-soft.com.
About Samudera Shipping Line
Samudera Shipping Line Ltd. offers efficient and reliable container shipping services in the Middle East, Indian Sub-continent, South and West Africa, South East Asia, Indo-China and the Far East markets. The Company's container shipping business can be traced back to 1988 when its parent company started a feeder service between Jakarta and Singapore. From that humble beginning, Samudera has since developed an extensive network of container shipping services, with offices currently based in Dubai, Mumbai, Kolkata, Bangkok, Ho Chi Minh, Kuala Lumpur, Jakarta, Shanghai, and Singapore. The Group is also engaged in industrial shipping for the transportation of liquid and dry bulk cargo. Samudera was listed on the Singapore Exchange in October 1997, and has established for itself a well-respected and well-recognized brand name. For more information, please visit http://www.samudera.com/ssl
For further information, please contact
A. H. Abhishek Reddy
Four Soft Limited
Mobile : +91 98664 88880
Email: abhishek.reddy@four-soft.com
Bhawna Sharma
Adfactors PR Pvt Ltd
Mobile : +91 99993-90316
Tel: +91 11 40565100 -Ext: 151
Email: bhawna.sharma@adfactorspr.com |
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August 2006
August 8th, 2006 |
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May 2006
May 09 th, 2006 |
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April 2006
August 6th, 2006 |
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March 2006
March 23rd , 2006 |
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March 07th, 2006 |
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February 2006
February 07 th, 2006 |
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September 2007
September 20th, 2007 |
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May 2007
May 31st, 2007 |
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April 2007
Sep 25th, 2007 |
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February 2007
February 07th, 2007 |
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Four Soft at the Confederation of Indian Industry (CII) Logistics event in Chennai from 20-22 September 2007
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| We are one of the exhibitors at the CII 6th edition of the Logistics Event of India from 20-22 September 2007. Please come and visit us at Stall no. 31, for a discussion on our suite of solutions including logistics / shipping / transportation software products, IT services & consulting. For more information on this event, please visit CII website:www.ciionline.org |
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We are proud to announce our participation in the 3PL Summit conducted by eyefortransport. Please come and visit us for a discussion about 4S and our suite of solutions including logistics / shipping / transportation software products, IT services & consulting.
For more information and registration for the above event, please visit eyefortransport website: www.eyefortransport.com
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Venue: Stand SL-5, Grand Ballroom Salon VII
For more information, please visit the IBM Link website: IBM IMPACT
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Meet us at LOGISTICS LINK SOUTH Exhibition in Sandown Park, UK on 6th & 7th Feb・7
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Venue: Stand 79, Sandown Park, Esher, Surrey
We are proud to announce our participation at Logistics Link South as Exhibitors. Please come and visit our stand for a discussion about 4S and our suite of logistics software products.
For more information and free registration for the above event, please visit the Logistics Link website: www.logisticslink.co.uk
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September 2008
September 23rd -26th, 2008 |
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September 12th -13th, 2008 |
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September 11th -13th, 2008 |
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February 2008
February 5th - 6th, 2008 |
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Meet us at LogisticsLink South Exhibition, Sandown Park, UK on 5-6 Feb 2008 Venue: Stand No. 79, Sandown Park, Esher, Surrey |
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We are pleased to announce our participation in the LogisticsLink South Exhibition, conducted by LogisticsLink.
The Logistics Link South exhibition is conducted annually in the United Kingdom. The latest supply chain products, systems and services to help optimise warehouses and fleet operations are showcased in this event. For more information and free registration for the above event, please visit the Logistics Link website: http://www.logisticslink.co.uk/south-register-now.html
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Thailand International Logistics Fair (TILF) 2008, Bangkok, Thailand, Sep 11-13, 2008 |
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Four Soft is showcasing its innovative & integrated enterprise software solutions in transportation, logistics and supply chain management at TILF, through its Channel Partner - DSAT. TILF is one-stop event for the transportation and logistics community of the leading Transportation and Logistics event in Bangkok, attracting several exhibitors and visitors from the transportation and logistics community. Come, see us at TILF event, in booth nos. K14 & K16, during the above days.
For more information about TILF,
visit :
http://www.logisticsfair.com/
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CBFCA National Conference and Exhibition 2008, Queensland, Australia |
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Visit us at CBFCA fair between 12-13 September 2008 at stand nos. 8,11,12 & 13 for detailed discussions and demo of our software products.
The Customs Brokers & Forwarders Council of Australia Inc. (CBFCA) provides a variety of opportunities for businesses to showcase their products and / or services to the Australian trading community and international trade logistics sectors.
Visit: http://www.cbfca.com.au/Default.aspx
for more information. |
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FIATA Congress Event, Sep 23-26, 2008, Vancouver Convention & Exhibition Centre, Vancouver, Canada, Booth no. 11 |
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Four Soft is the world's numero uno software solutions vendor for the Transportation & Logistics Vertical. With over 50,000 users, 300 customers globally across 120 countries, there is a reason why 12 of the top 20 global Logistics Service Providers (LSPs) use our systems. Our visibility product, 4S VisiLog Plus, provides a global Electronics Giant, with revenues of US $100 Billion, from Japan to get visibility of 2 out of every 3 products that moves in its supply chain.
In the North American market, 4S has over 6000 users on its solutions and processes about 15% of the volume of brokerage transactions that have been filed through Customs (US CBP) through its systems. We are also excited about the new Canadian Customs platform which provides our Canadian customers an opportunity to have end to end solutions for Forwarding, Warehousing, brokerage, Accounting and complete Visibility from Four Soft.
Krishna Rallabhandi and Gary Friedman from our North American offices will be present in Vancouver to explain about our solutions 4S eTrans for Forwarding, 4S VisiLog for LSPs Collaboration and Visibility,
4S eCustoms for Canada and US, 4S VisiLog Plus - Visibility for Shippers and many other value add-ons that 4S has to offer to this market. |
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Four Soft is showcasing its proven solutions in Transportation and Logistics, at the annual PROlogistics event in Brussels from 26-28 Sep. Come and meet us at booth no. 6133 during these days, for a review of our software products.
For more information about the PROlogistics Conference, please visit their website:http://www.prologistics.be
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Meet us at 4th eyefortransport 3PL Summit at the Intercontinental Hotel, Buckhead, Atlanta, USA,
27-28 June 2006 |
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We are proud to announce our participation at the above event as the Coffee Sponsor. Please come and visit us for a discussion about 4S and our suite of solutions including logistics software products, IT services & consulting, over a cup of Coffee.
For more information and registration for the above event, please visit eyefortransport website:
http://www.eyefortransport.com/3pl/ |
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4S to exhibit at the 2006 NCBFAA Conference in Hollywood, Florida, USA on April 24-25, 2006 |
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Four Soft is showcasing its proven solutions in Transportation and Logistics, particularly for managing the submission of information to US Customs, at the annual National Customs Brokers and Forwarders Association of America (NCBFAA) Conference at the Westin Diplomat Hotel in Hollywood, Florida on April 24 & 25. The theme of the conference is “A Commitment to Excellence: Certifying Our Future”. Visit us at booth #211
For more information about the NCBFAA Conference, please visit their website: http://www.ncbfaa.org |
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4S to exhibit at TLS Congress APAC 2006 in Kuala Lumpur, Malaysia on 4-5 April' 06 |
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Four Soft is showcasing its innovative & integrated enterprise software solutions in Transportation, Logistics and Supply Chain Process Management at TLS Congress (4-5 April) – the leading Supplychain and Logistics event in Malaysia, attracting several visitors from the transportation and logistics community. Visit us at stall no. 69 during the above days.
For more information about TLS Congress, please visit their website http://www.tlsapac.com |
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Visit us at SITL Transportation and Logistics event in Villepinte (CDG), France from 7-10 March |
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Four Soft is showcasing its innovative & integrated enterprise software solutions in Transportation, Logistics and Supply Chain Process Management at SITL 2006 (7-10 March) – the leading Transportation and Logistics event in Europe, attracting over 700 exhibitors and 25,000 visitors from the transportation and logistics community. Come, see us at SITL event, Hall 5 - booth n°M 53 during the above days.
For more information about SITL, please visit their website http://www.salon-sitl.com |
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Venue: Stand 119, Sandown Park, Esher, Surrey
We are proud to announce our participation at Logistics Link South as Exhibitors. Please come and visit our stand for a discussion about 4S and our suite of logistics software products.
For more information and free registration for the above event, please visit the Logistics Link website
http://www.logisticslink.co.uk |
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Board of Directors |
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Srikanth Palem, Chairman-CEO & Managing Director |
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Techno Entrepreneur has 15 years of experience in Supply chain & Logistics with companies like Emery World Wide and Hewlett Packard. Srikanth is an Industrial Engineering Graduate from REC, Trichy, India and a Post Graduate in Industrial Engineering from Stanford University, USA, and is based in India. |
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Douglas Terence Ash, Independent Director |
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Deputy Chairman of Direct Wines Ltd and former President of Exel, Doug is a Graduate in Industrial Economics from Nottingham University and a Post Graduate in Business Administration from the Harvard Business School, and is based in UK |
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K.V. Ramakrishna, Independent & Nominee Director |
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Ramakrishna joined Kotak Group in Nov 2004 and is one of the Partners of their Private Equity business. He has over 15 years of experience, with the last 13 years in Private Equity and Venture Capital. Prior to his current assignment, Ramakrishna was with Carlyle Asia Venture Partners (CAVP), a technology focused fund, part of the Carlyle Group. Prior to Carlyle, Ramakrishna was with ICICI Venture, the PE & VC arm of the ICICI Group, where he was a key member of the investment team. His investment experience spans sectors ranging from information technology, services and light engineering. Prior to his career in the Private Equity field, Ramakrishna worked for two years at the Management Services Division of Tata Motors (formerly, TELCO), the largest automobile company in India.
Ramakrishna adopts a value based investment strategy of controlling risks and aiming for long term growth. He believes strongly in guiding the business and growth strategies of portfolio companies with active board participation. He believes strongly in guiding the business and growth strategies of portfolio companies with active board participation.
Ramakrishna is a Computer Science & Engineering graduate from National Institute of Technology, Warangal and holds a post graduate degree in Management from the Indian Institute of Management, Bangalore.
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Sarath Naru, Independent Director |
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Sarath Naru is the Managing Director of APIDC - Venture Capital Limited and also heads Ventureast Funds.Sarath took over the Management of APIDC ・Venture Capital Limited in 1995, in the first effective privatization of a financial institution in India. Prior to this, he worked for Procter & Gamble in the area of brand management in the USA and UK. He has also had manufacturing experience with VST Industries in Hyderabad. Sarath is an engineering graduate from IIT, Madras and an MBA (Finance) from University of Chicago.
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Vishnu Raju, Independent Director |
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K.V.Vishnu Raju is the Managing Director of Anjani Portland Cement Ltd and also the Chairman of Sri Vishnu Educational Society, which runs a host of several Educational Institutions. Currently his visionary guidance has enabled the team at Anjani to achieve a commendable turn-around performance. He started his career with Dupont, U.S.A. and later joined Raasi Cement Limited as Executive Director. His expertise in cement technology helped him bring about remarkable change at Raasi Cements, where he later became the Managing Director. Vishnu is a chemical engineering graduate from REC, Trichy, India and a post graduate from Michigan Technological University, USA.
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