March 05, 2010 12:02 ET

CORRECTION: TECSYS Montreal Moves to Place Alexis Nihon

MONTREAL, QUEBEC--(Marketwire - March 5, 2010) -

A correction is being issued with respect to the release sent out March 4, 2010. The postal code should read 'H3Z 3B8' instead of '3Z 3B8'. The corrected version follows.

TECSYS Inc. (TSX:TCS), an industry-leading supply chain management software company, announced today that its Montreal operations, including the company's headquarters and its Enterprise Supply Chain Group, will be moving to Place Alexis Nihon as of April 19, 2010.

The new facility, a 22,000 square foot floor specifically designed to meet TECSYS' requirements, features a new open design work environment that facilitates better space utilization, workflow and improved communication and is equipped with IP telephony for more efficient and cost-effective telecom infrastructure. Less than 5 kilometers (approx. 3 miles) from TECSYS Montreal's current address, the new facility is located at:

1 Place Alexis Nihon
Suite 800
Montreal, Quebec H3Z 3B8
(Phone and fax numbers remain the same)

Centrally located, Place Alexis Nihon is a multi-use complex that offers ready access to the city's rapid transit network, highways, shopping, indoor parking and close proximity to a variety of services for both employees and customers.

"Following a ten-year tenure at our existing facilities and with our lease coming to its end, we took the opportunity to assess our current and future needs, cost structure and what the market had to offer. We decided that a move offers TECSYS and its stakeholders significant benefits; a more modern and efficient facility, better proximity to services and substantial savings of $600,000 annually," commented Peter Brereton, President & CEO of TECSYS.

About Place Alexis Nihon

Owned by the Homburg Real Estate Trust and located near downtown Montreal, Place Alexis Nihon is a 2.4 million square foot urban complex that lives to the rhythm of its 28,000 visitors, workers and students walking in daily. Built in 1967, year of the Montreal Expo 67, Place Alexis Nihon is a multi-use complex composed of two office towers, a multi-family residential tower, a shopping centre and a three-storey indoor parking of approximately 1,100 spaces.


TECSYS is a leading supply chain management software provider that delivers powerful enterprise distribution, warehouse and transportation logistics software solutions. The company's customers include about 600 mid-size and Fortune 1000 corporations in healthcare, heavy equipment, third-party logistics, and general wholesale high-volume distribution industries. TECSYS' shares are listed on the Toronto Stock Exchange under the ticker symbol TCS.

The statements in this news release relating to matters that are not historical fact are forward looking statements that are based on management's beliefs and assumptions. Such statements are not guarantees of future performance and are subject to a number of uncertainties, including but not limited to future economic conditions, the markets that TECSYS Inc. serves, the actions of competitors, major new technological trends, and other factors beyond the control of TECSYS Inc., which could cause actual results to differ materially from such statements. More information about the risks and uncertainties associated with TECSYS Inc.'s business can be found in the MD&A section of the Company's annual report and annual information form for the fiscal year ended April 30th, 2009. These documents have been filed with the Canadian securities commissions and are available on our website (www.tecsys.com) and on SEDAR (www.sedar.com).

Copyright © TECSYS Inc. 2010. All names, trademarks, products, and services mentioned are registered or unregistered trademarks of their respective owners.

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