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Epicor Announces Agreement to Acquire Assets of COGITA Holdings Limited

Positions Epicor as Leader in Delivery of ERP Software for Australian and New Zealand Market (May 24, 2012)

DUBLIN, CA -- (Marketwire) -- 05/24/12 -- Epicor Software Corporation, a global leader in business software solutions for manufacturing, distribution, retail and services organizations, today announced it has entered into an agreement to acquire substantially all of the operating assets and intellectual property of New Zealand-based partner COGITA Holdings Limited. Under the terms of the agreement, nearly all of COGITA's employees will be offered employment by Epicor. The company is also acquiring customer contracts, related intellectual property, and certain other assets of COGITA, including the strategic office locations in Auckland, New Zealand and Adelaide, Australia. The transaction is anticipated to close by May 31, 2012.

COGITA has consistently been one of the most successful Epicor channel partners, winning the Epicor "Global Partner of the Year" award as the top revenue producer worldwide the past four years. COGITA also received "Top Revenue Producer" and "Largest Transaction" honors for Asia Pacific at the recent Epicor 2012 Channel Partner Awards. With the acquisition of these assets, Epicor will now have a direct presence in the New Zealand market and will become one of the largest enterprise software companies in the region. The COGITA operations will join the existing Epicor operations in Australia, bringing the total number of Epicor employees to approximately 100, serving more than 600 customers in the region.

A leader in delivering end-to-end manufacturing and distribution enterprise resource planning (ERP) solutions to midmarket organizations in New Zealand and Australia, the success of COGITA's partnership with Epicor has been built on a foundation of common values beginning with a mutual focus on customers and high quality service. As its customers continue to expand regionally and globally, Epicor has recognized the significant value in providing direct service and support not just in New Zealand, but anywhere Epicor customers are doing business.

"COGITA and Epicor have a long and successful history of delivering complete, end-to-end solutions and award-winning services to the markets we serve," said Craig Charlton, senior vice president and general manager of Asia Pacific for Epicor. "In Australia and New Zealand, COGITA has emerged as one of the premier providers of enterprise business applications, particularly for the manufacturing sector. We believe that bringing their experienced sales and consulting organization together with the global strength and strong regional presence of Epicor will provide immediate benefit to our mutual customers."

"We are very pleased to be joining Epicor, a company that has distinguished itself through its commitment to delivering innovative, industry-specific solutions and single-point accountability," said Becky Gagas, former director of operations for COGITA and newly appointed director of New Zealand operations for Epicor. "While they are one of the largest global software providers, they are keenly aware of the opportunity the Australian and New Zealand market represents. With the acquisition, our customers will now have direct access to increased resources, not only in Australia and New Zealand, but wherever they do business."

About Epicor Software Corporation
Epicor Software Corporation is a global leader delivering business software solutions to the manufacturing, distribution, retail and services industries. With nearly 40 years of experience serving midmarket organizations and divisions of Global 1000 companies, Epicor has more than 20,000 customers in over 150 countries. Epicor enterprise resource planning (ERP), point of sale (POS), supply chain management (SCM), and human capital management (HCM) enable companies to drive increased efficiency and improve profitability. With a history of innovation, industry expertise and passion for excellence, Epicor inspires customers to build lasting competitive advantage. Epicor provides the single point of accountability that local, regional and global businesses demand. The Company's headquarters are located in Dublin, California, with offices and affiliates worldwide. For more information, visit

Follow Epicor on Twitter @Epicor, @EpicorUK, @EpicorEMEA, @EpicorAU, @Epicor_Retail, @Epicor_DIST and Facebook.

Epicor and the Epicor logo are trademarks of Epicor Software Corporation, registered in the United States and other countries. All other marks are owned by their respective owners. The product and service offerings depicted in this document are produced by Epicor Software Corporation.

Lisa Preuss
Senior Director, Public Relations
Epicor Software Corporation
+1 949 585 4235

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