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Quadrant 4 Systems Corporation Announces Cloud Enabling, Its Flagship ERP Product(January 26, 2012)
ROLLING MEADOWS, IL -- (Marketwire) -- 01/26/12 -- Quadrant 4 Systems Corporation (Quadrant) (OTCQB: QFOR) (OTCBB: QFOR) today announced that it has begun cloud enabling, its flagship ERP product, AIMS (Advanced Integrated Manufacturing Suite).
AIMS, originally developed in Centura SQL Windows with SQLBase, was upgraded to work with the industry's most popular databases such as SQL Server. The software specializes in running the entire manufacturing operations of plastic processing companies and currently has over 50 active installations. Quadrant 4 began moving the architecture to a multi-tenant cloud hosted environment in its development labs to deliver cost effective and rapidly deployable functional modules such as General Ledger, Accounts Receivable, Accounts Payable, Inventory, MRP, Human Resources, Production Scheduling, Planning and Supply Chain.
Dhru Desai, Chairman of the Board for Quadrant 4, stated, "This is an exciting offering from our company. Typically, our client base is small and medium plastic processors and is not well equipped with large IT teams to deploy, implement, maintain and upgrade ERP systems or other technology bases. Our migration to cloud addresses many of their infrastructure challenges, so that they can focus on what they do best -- run their factories, deliver value to their clients, and ultimately make profits."
About Quadrant 4 Systems Corporation
Quadrant 4 Systems Corporation delivers end-to-end information technology solutions to its clients through a unique blend of consulting, software development & maintenance, cloud based products and technology from its global delivery centers. The company currently focuses on Financial Services, Health Care, Retail, Manufacturing and Telecommunication sectors with a broad spectrum of services and technology practices that include ERP, SCM, CRM, e-Commerce, m-Commerce, SFA, Microsoft, Java and Legacy platforms, BI/DW, testing, platform migration, web technologies and others. The company plans to enter the IT enabled and managed services sector and cloud based services through business acquisitions and/or combination opportunities in the near future to further execute its articulated business strategy.
This release contains forward-looking statements which are subject to the inherent uncertainties in predicting future results and conditions. Any statements that are not statements of historical fact (including statements containing the words "believes," "plans," "anticipate," "expects," "estimates," and similar expressions) should be considered to be forward-looking statements, within the meaning of Section 27A of the Securities Act of 1933, and Section 21E of the Exchange Act of 1934, as each is amended, for which the Private Securities Litigation Reform Act of 1995 provides a safe harbor. Certain factors (including but not limited to those risk factors identified from time to time in our filings with the Securities and Exchange Commission as well as changes in economic conditions; outcome of negotiations; changes in the Company's access to necessary capital; outcome of litigation; volatility of capital markets; variability and timing of business opportunities; changes in accounting policies and practices; the effects of internal organizational changes; adverse state and federal regulation and legislation; and the occurrence of extraordinary or catastrophic events and terrorist acts; or other unforeseen changes in circumstances) could cause actual results and conditions to differ materially from those projected in such forward-looking statements. We do not undertake any obligation to release publicly revised or updated forward-looking information, and such information included in this release is based on information currently available and may not be reliable after this date.
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