Kewill Announces Intention to Acquire Four Soft

PR53920

GUILDFORD, England and CHELMSFORD, Massachusetts, Aug. 10, 2013 /PRN=KYODO JBN/ --

             Game changing transaction to strengthen Kewill's

              leadership position in Supply Chain Execution

    Kewill, a leading provider of multimodal transportation software, announces

that it has signed a definitive agreement to acquire the assets of Four Soft, a

software company headquartered in Hyderabad, India. The acquisition is expected

to close within 90 days and will expand Kewill's existing leadership position

in the Supply Chain Execution software market.

    Four Soft develops and markets a portfolio of logistics solutions for

logistics service providers, retailers and manufacturers. Four Soft has more

than 400 customers, with in excess of 60,000 users across 120 countries.

    "The acquisition of Four Soft is part of our strategic plan to

significantly grow the Kewill business over the next 5 years", comments Bob

Farrell, Chief Executive Officer and President at Kewill. "At the completion of

this acquisition, Kewill will have enhanced products, technology and domain

skills, which will significantly improve our market leading position."

    Srikanth Palem, Chairman & Managing Director of Solitaire states "The Board

of Four Soft believes that the offer from Kewill is good for both the employees

and customers of Four Soft and that with this acquisition, Kewill will be able

to better serve the customers of both companies and further fulfill the needs

of the supply chain execution software market."

    About Kewill

    Kewill is a leading provider of supply chain execution software solutions

with a focus on multi-modal transportation management for enterprises and

logistics service providers to manage the movement of goods and information

around the globe.

    We deliver innovative software for business-critical global supply chain

requirements through our three product suites: Logistics, to support freight

forwarding, transport, warehousing and customs compliance; Transportation and

Shipping, to enable parcel, LTL, TL and desktop shipping and export trade

compliance, and; Business to Business Integration, to drive B2B eCommerce,

order management and supply chain integration.

    Our customers rely on our deep domain knowledge to improve their business

processes, exchange information and provide visibility to simplify the

management of their supply chains.

    Established in 1972, Kewill has over 7,000 customers around the world

including Bayer, Black & Decker, DHL, Hankyu Hanshin, Hitachi, Ingersoll Rand,

Mothercare, UPS, Scott's & Co and TNT.

    http://www.kewill.com

    SOURCE: Kewill