PRESS RELEASE
MONTREAL, Canada, Jaunuary 16, 2009 - Raymark Xpert Business Systems, Inc.
(Raymark), a leading global provider of integrated retail software solutions, announced
today a strategic partnership with the award-winning, New Jersey-based mobile enterprise
solution provider, Global Bay Mobile Technologies, Inc. (Global Bay).
Raymark will license Global Bay’s GB Mobile Inventory Management Module to launch
the next generation of their Pocket-Xpert™ product: Xpert-Mobile™. Compatible
with any Microsoft Windows (NYSE:MSFT) based handheld device including Motorola’s
(NYSE:MOT) line of ruggedized hardware, the GB Mobile Inventory Management Module
performs specific functions including tracking and management of in-store inventory,
receiving, stock adjustment and transfers, barcode scanning/real-time SKU look-ups,
as well as inventory cycle counts. This powerful module will enable retailers to
have instant visibility to in-store inventory while saving hours of store associates’
time currently spent on inefficient inventory management processes.
“Trusting Raymark’s Managed Services for their technical and service requirements
will permit The Shtofman Co., Inc. to retain the freedom and resources needed to
focus on their business development instead of their business operations,” says
Claude Chriqui, Raymark’s CEO. “We are thrilled to have this longstanding Texas
retailer as a customer, and look forward to continued success with them in the future.”
As retailers seek ways to increase operational efficiencies, Raymark is at the forefront
of providing innovative and customizable solutions to their customers. “We are excited
to be collaborating with Global Bay – the integration of the GB Mobile Inventory
Management module will provide our customers enhanced handheld functionality and
flexibility to support the way they choose to work,” states Claude Chriqui, Raymark’s
CEO.
“Global Bay recognizes that the future of retail is mobile. This is just one of
several mobile retail solutions we offer. We are pleased to work with Raymark to
provide their customers with a competitive advantage in the mobile inventory management
space,” said Sandeep Bhanote, CEO of Global Bay.
About Global Bay
Global Bay Mobile Technologies, Inc. has been a leader in mobile applications since
2002. The GBmobile Retail Suite offers a collection of mobile modules that enable
routine store operations to be performed using mobile devices helping retailers
increase store performance, receive greater ROI on current IT investments and deliver
an exceptional customer experience. The company is privately-held and headquartered
in South Plainfield, New Jersey, with a European office located in the United Kingdom
and an office in Asia located in Japan.
About Raymark
For over twenty years, Raymark has been revolutionizing the way some of the world’s
most prestigious retailers manage their stores. As a global provider of advanced
retail software solutions, Raymark offers retailers highly sophisticated technology
tailored to their specific business requirements. Developed by retail industry specialists,
Raymark’s Xpert-Series™ empowers retailers through integrated, flexible applications
that streamline operations while providing the analytical tools required for enlightened
decision-making. Raymark’s Xpert-Series™ is enhanced by highly-skilled Professional
Services and Client C.A.R.E. teams dedicated to helping retailers obtain maximum
efficiency and ROI from their investment. This combination of leading-edge technology
and exceptional service ensures that Raymark clients continue to experience higher
sales, increased customer loyalty and greater productivity well into the future.