Scenic Technology - On Demand Warehouse Management Software

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Needham, MA, January 1, 2005 – Scenic Technology Corporation has acquired certain assets of Infoscan, Inc. During its 12 year history, Infoscan developed supply chain execution software to support its customers’ inventory storage and movement needs. Infoscan’s customers were predominantly mid-market on-line and big-box retailers, manufacturers and distributors. The transaction was for an undisclosed amount of cash.

The acquisition provides newly formed Scenic Technology with excellent technology and a strong customer base with high customer satisfaction. Customers endorsed the products as well-architected, with robust functionally and using the latest Microsoft Visual Studio “.NET” platform.

Scenic intends to continue to enhance and evolve the products in the Microsoft platform and provide enhanced functionality to support the activities inside the four-walls of an enterprise and add additional capabilities through internal development and additional acquisitions to support extra-enterprise activities related to asset tracking.

The transaction accelerates Scenic’s entry into the burgeoning area of mobile asset management and provides an excellent platform that is main-stream and easy to develop due to Microsoft’s commitment to the business applications market. These assets fit with the Scenic’s plans to develop a network-based supply chain execution suite based on a modern internet-based architecture that will take a leading role in reshaping how information is used and transmitted by customers.

About Scenic Technology:
Scenic is Global Supply Chain Execution software and services company providing a solution on a services model that streamlines shipping, receiving, inventory visibility and container management between global companies and their trading partners. Scenic delivers an end-to-end solution which improves distribution operations, logistics, asset utilization and cash-flows. For more information on Scenic Technology, call 781-444-3433 or visit www.scenictechnology.com .