TECSYS Closes Acquisition of Logi-D
― Adam Polka
June 20, 2014. MONTREAL, QUEBEC – TECSYS Inc. (TSX:TCS), an industry-leading supply chain management software company, today announced that on May 31, 2014, it successfully closed the previously-announced acquisition of all of the shares of Logi-D Holding Inc., a leading provider of point-of-use technology for supply chain automation servicing hospitals and healthcare organizations based in Laval, Quebec.
About TECSYS Inc.
TECSYS is a leading supply chain management software provider that delivers powerful enterprise distribution, warehouse and transportation logistics software solutions. The company’s customers include over 600 mid-size and Fortune 1000 corporations in healthcare, heavy equipment, third-party logistics, and general wholesale high-volume distribution industries. TECSYS’ shares are listed on the Toronto Stock Exchange under the ticker symbol TCS.
About Logi-D Inc.
Logi-D is a leading provider of point-of-use supply chain automation technologies serving hospitals and healthcare organizations seeking to measurably reduce operating costs and improve revenue capture. For more than a decade, Logi-D has been helping its customers to optimize logistics processes and increase supply chain operational efficiency. Its iD-SUITE of solutions integrates cutting edge technologies with Lean methodologies in order to provide unparalleled workflow efficiency and data integrity.
Logi-D is a recognized leader in inventory management, clinical traceability, cost capture and patient charging capabilities through its CC-iD and PC-iD modules, as well as the pioneering inventor behind the internationally recognized RFID-enabled two-bin replenishment concept known under the 2BIN-iD brand. Also encompassing comprehensive transformation services from conception to completion, and optional internationally-recognized high density storage solutions, the Logi-D offering optimizes inventory, substantially improves productivity, and lowers overall costs, resulting in an industry leading return on investment.
For more information:
For more information about TECSYS, please visit www.tecsys.com
For more information about Logi-D, please visit www.logi-d.net or contact:
Adam Polka | Logi-D
1-888-628-8804, ext. 278