Trey Resources, Inc. (OTCBB: TYRIA) announced today that its subsidiary, SWK Technologies, has closed its first sale of Sage Software's ERP X3, Sage's flagship global ERP solution for mid-sized and larger businesses.
Mark Meller, CEO of Trey Resources, stated, "SWK is one of a handful of nationwide Sage business partners to recently adopt Sage ERP X3. The decision to adopt this solution as part of our portfolio of product offerings was based upon the desire to provide our clients with a new generation of integrated, user-centric business solutions which allows all users of an extended enterprise to be active stakeholders in accelerated and collaborative business processes, either via the desktop or over the web."
Jeffrey D. Roth, CEO of SWK, added, "This builds on the strategy we announced in February to increase SWK's presence throughout the Northeast by selling Sage ERP X3 and providing related services to clients. Sage ERP X3's focus on collaborative technology and its customizable interface simplifies processes and increases efficiency for our clients."
Roth added, "I am not surprised that we've already signed our first Sage ERP X3 client. Not only have we seen great demand in the marketplace, but our sales and consulting teams have been meeting with prospects and current clients to spread the word about Sage ERP X3. We expect to be able to make a series of announcements about additional X3 sales in the very near future."
About Trey Resources Trey Resources is involved in the acquisition and build-out of technology and software companies. The Company's growth strategy is to acquire firms in this extensive and expanding, but highly fragmented segment, as it seeks to create substantial value for shareholders. Since June 2004, Trey has acquired SWK Technologies, Inc., Business Tech Solutions Group, Inc., Wolen Katz Associates, and AMP-BEST Consulting, Inc. For more information, visit www.treyresources.com (http://www.treyresources.com) , www.swktech.com (http://www.swktech.com) , www.mapadoc.com (http://www.mapadoc.com) , or contact Trey Resources CEO Mark Meller at (973) 758-9555 or by e-mail at firstname.lastname@example.org (mailto:email@example.com) .
This news release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, as amended, regarding among other things our plans, strategies and prospects -- both business and financial. Although we believe that our plans, intentions and expectations reflected in or suggested by these forward-looking statements are reasonable, we cannot assure you that we will achieve or realize these plans, intentions or expectations. Forward-looking statements are inherently subject to risks, uncertainties and assumptions. Many of the forward-looking statements contained in this news release may be identified by the use of forward-looking words such as "believe," ''expect," ''anticipate," ''should," ''planned," ''will," ''may," ''intend," ''estimated," and "potential," among others. Important factors that could cause actual results to differ materially from the forward-looking statements we make in this news release include market conditions and those set forth in reports or documents that we file from time to time with the United States Securities and Exchange Commission. All forward-looking statements attributable to Trey Resources, Inc. or a person acting on its behalf are expressly qualified in their entirety by this cautionary language.