DAYTON, Ohio, July 15 /PRNewswire-FirstCall/ -- Edict Systems,
Inc., a wholly owned and sole operating entity of Advant-e
Corporation (OTC Bulletin Board: ADVC - News),
announced today that its web-based Electronic Data Interchange
(Web EDI) solutions surpassed over $5 Billion worth of purchase
orders processed since January 1, 2000.
Edict's web EDI solutions allow small and medium size suppliers to support the Electronic Data Interchange initiatives of their customers. Large brand name suppliers also use Web EDI solutions to augment their existing in-house capabilities.
The Company's GroceryEC.com service is the leader in the
grocery supply chain for Web EDI solutions, supporting over
120 retailer EDI implementations. GroceryEC.com accounted
for 95% of the $5 Billion in purchase orders processed.
Commenting on this milestone, Jason K. Wadzinski, President and CEO of Advant-e and Edict Systems stated: "Our Web EDI solutions continue to provide exceptional value to both the large organizations we support and their supply chain. While GroceryEC.com accounts for the bulk of orders processed, we are seeing activity in our other vertically branded solutions. CPGSupplier.com, our solution for suppliers to Consumer Packaged Good manufacturers, has surpassed $100 Million in orders processed, and MfgEC.com, our manufacturing portal, is also gaining traction."
Many large companies have invested heavily in their ability to do EDI with their larger suppliers. Web EDI allows these companies to maximize their existing EDI capabilities by connecting their small and medium size suppliers to their existing systems.
Advant-e
Corporation will be filing a registration statement on form
SB-2 with the Securities and Exchange Commission to register
all of the shares associated with the Company's convertible
debt and warrants associated with the debt offering in the
near future.
Additional information about Advant-e Corporation can be found at www.Advant-e.com and www.edictsystems.com or by contacting investor relations at (937) 429-4288. The company's email is info@edictsystems.com.