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Abstract
The statements in this news release relating to matters that are not historical fact are forward looking statements that are based on management's beliefs and assumptions. Such statements are not guarantees of future performance and are subject to a number of uncertainties, including but not limited to future economic conditions, the markets that TECSYS Inc. serves, the actions of competitors, major new technological trends, and other factors beyond the control of TECSYS Inc., which could cause actual results to differ materially from such statements. More information about the risks and uncertainties associated with TECSYS Inc.'s business can be found in the MD&A section of the Company's annual report and annual information form for the fiscal year ended April 30th, 2008. These documents have been filed with the Canadian securities commissions and are available on our website (www.tecsys.com) and on SEDAR (www.sedar.com).
With TECSYS' EliteSeries, the underlying IT infrastructure of LifeScience Logistics is a fully-redundant, remotely-hosted distribution application that includes Order Management, Warehouse Management, Transportation Management and Financial Management. The system supports an Order-to-Cash model and includes "charge back" and Accounts Receivables functionality both of which are critical in Healthcare. The system is validated according to cGMP (The FDA's "current Good Manufacturing Processes") requirements and allows customers to place orders and view inventory in real-time online, as well as check on inventory levels and reconcile outstanding credits or invoices.