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MAGSTAR TOTAL RETAIL VOTED AS ONE OF THE ELITE RETAIL TECHNOLGY VENDORS IN 2008 BY THEIR CLIENTSDECEMBER 10, 2008, TORONTO – Immediate ReleaseMagstar Inc., (“Magstar”), developer of Magstar Total Retail fully-integrated ERP retail solutions, announced that RIS News had ranked them in RIS’ Top 20 list of retail technology vendors. Magstar, in business for over 22 years, has continually been noted as a leading solutions provider of and consultant to tier-2 and tier-3 retail enterprises in North America. Magstar placed 13th on RIS’ Top 20 Software Vendor Leaderboard, which is significant since they are a small firm. There were 84 different vendors that received votes. What makes Magstar’s mention in RIS’ Leaderboard truly notable is how well they scored in a number of key areas (see backgrounder for specific rankings). Ron Ross, Magstar’s President said, “It is appreciated that we’ve been recognized for all the hard work our people have put into making our products what they are. Being included in RIS’ list is most gratifying because this illustrates how our clients have recognized us as consistently providing them with the highest levels of customer service and value. It’s also great because it means they appreciate the true spirit of partnership that we engender and share with them.” Ross went on to say, “Having been ranked as one of the top 20 and very high in a number of key categories made my day. We’re very happy to be included alongside such world class vendors as Oracle, SAP, Microsoft, and other premier vendors. In the Top 20 list, we were ranked between IBM in 12th place and Manhattan Associates in 14th - both being large, publicly-traded companies with significantly more clients to draw ratings from. And we placed 2nd in Total Cost of Ownership and 4th in ROI overall, as well as very high in a number of the mid-market-specific rankings.” Joe Skorupa, Editor-in-Chief, of RIS News, the publishers of the Leaderboard, wrote, “Since a total of 49 vendors achieved critical-mass voting pools (out of a total of 84 vendors that received votes), the Top 20 list is truly an elite club, and those who appear on it are greatly outnumbered by those who didn’t make the cut.” Magstar Total Retail has successfully implemented their solutions North America-wide and this is the ninth consecutive year they have been included in RIS’ Leaderboard. About Magstar Total RetailMagstar Total Retail offers fully-integrated ERP enterprise retail management and professional services for comprehensive store, chain and/or multi-channel merchandising, POS, CRM, supply chain, BI/analytics, warehouse and financial management solutions for tier-2, tier-3 and SMB retail chain operations. Magstar’s clients have operations North America-wide and provide their clients with true 24/7/365 customer service that has never and will never be outsourced. Clients have notably improved customer satisfaction, efficiencies and bottom-line results while connecting suppliers and employees. Magstar is a Microsoft Gold Certified Partner (running in a Linux environment), as well as an IBM, HP, DigiPoS and NCR Partner. For nine years, Magstar has been voted a top retail software vendor in RIS News’ Leaderboard vendor performance survey. For more information on Magstar Total Retail, please visit www.magstarinc.com. Summary: Magstar's Leaderboard ResultsTo review a summary of Magstar's RIS News Leaderboard 2008 results, click here. BackgrounderRIS’ Software LeaderBoard ’08, Who are the Top Software Vendors in Retail? A supplement to RIS News, published by Edgell Communications Inc. of Randolph, NJ. The Leaderboard eliminated the top 45 from last year and the top-20 list now ranks a more closely matched grouping of vendors. Cross-tab analysis was broken out by tier-one and mid-sized retailers. Tier one vendors have revenues above one billion dollars; mid-market are those vendors with less than a billion dollars in revenues. Skorupa said, “It also is interesting to see the number of smaller players that make the list, standing side by side with the biggest guns in the business. …Tomax, ECR Software, Magstar and Reflexis too, deserve special recognition for this achievement.” Skorupa also noted that, “Magstar (made) its presence felt in this chart and many others on the pages to follow.” Under “Recommendations,” Skorupa said, “…you can’t underestimate the importance of the answer to this question: Would you recommend us? …There are no surprises on this list relative to the rest of the section. However, this list consists of 11 software companies that deserve to be singled out for being worthy of the most effective marketing money can’t buy – word of mouth.” Leaders in Recommendation – Magstar tied for 5th place. Top 20 Software Vendor Leaderboard – Magstar ranked 13th overall out of 20. 29 fully qualified software vendors did not make the listing. Joe Skorupa, EIC of RIS News, noted called this list, “an exclusive club where only the best of the best reside.” OVERALL RESULTS – Regardless of SizeTop 10 Mid-size Vendor Leaders – Magstar placed 7th. Leaders in Customer Satisfaction – Magstar placed 4th. Leaders in TCO (Total Cost of Ownership) – Magstar placed 2nd and was cited as a TCO leader. Leaders in ROI (Return on Investment) – Magstar placed 4th. Leaders in Ease of Administration/Maintenance – Magstar tied for 2nd. Leaders in Quality of Support – Magstar tied for 4th. Leaders in Quality of Service – Magstar tied for 2nd. Leaders in overall Performance (broken down into Tier One or Mid-size retailers) – Magstar tied for 6th place. Contact:Harold Cameron - 30 - |
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