SOURCE: Terra Technology

December 15, 2009 09:00 ET

Terra Technology Selected for Food Logistics FL100

Recognition Caps Recent Awards for Growth and Quality by Business and Trade Groups

NORWALK, CT--(Marketwire - December 15, 2009) - Terra Technology (www.terratechnology.com), the leading provider of demand sensing and inventory optimization solutions for consumer products companies, today announced it has been selected for the sixth-annual listing of the FL100 by Food Logistics magazine. Each year, the editors of Food Logistics recognize 100 technology and solution providers that help grocery and foodservice distributors and manufacturers reach their business goals. This year, the magazine focused the theme on managing change through hard economic times with technology. Terra has been included on the list for the past five years.

In addition, the company recently also received awards from Deloitte, the Connecticut Technology Council and the Connecticut Quality Improvement Award Partnership, Inc. In winning these awards, the company was recognized for continued growth and innovation, including record revenue increases and notable customer wins.

"These awards reflect our commitment to helping customers improve demand and inventory management even as consumer preferences and retailer strategies change," said Robert F. Byrne, president and CEO of Terra Technology. "We are pleased this hard work and growth is recognized in our industry and local communities."

More on Recent Awards

--  The Tri-State Deloitte Technology Fast 500 recognizes the fastest growing
    technology, media and entertainment, telecommunications, life sciences and
    clean technology companies from New York, New Jersey and Connecticut based
    on percentage revenue growth over a five year period. Recipients were
    announced in October.
--  Terra also earned the Connecticut Quality Improvement Award Innovation
    Gold Prize, which recognizes accomplishments during the first stages of the
    company's journey and stimulates interest in organizations to implement
    quality while fostering recognition of innovative improvements.
--  Connecticut Technology Council and UHY LLP Tech Top 40 is a list of the
    fastest growing technology companies in the state based on percentage
    revenue growth over the most recent four years. Winners are grouped into
    six technology verticals: Software, IT Services, Life Sciences, Advanced
    Manufacturing, New Media/Internet/Telecom and Energy Environmental
    Technologies. Terra was included in the Software list.
    

In September, Terra announced a record 58% revenue growth. Also this year, the company was named one of SupplyChainBrain's 100 Great Supply Chain Partners. Terra was included in the 2009 Supply & Demand Chain Executive 100 list and was an American Business Awards finalist in two categories.

About Terra Technology

Terra Technology is the leading provider of demand sensing and inventory optimization software for consumer products companies. Terra's solutions use downstream data like POS to improve supply chain performance, reducing forecast error up to 50 percent and inventory up to 20 percent. More accurate forecasts save money, lower inventory, improve customer service and decrease waste. Some of the world's best-known brands and three of the five largest consumer packaged goods companies rely on Terra, including Procter & Gamble, Unilever, Kraft Foods, ConAgra Foods and Campbell Soup. For more information, please visit www.terratechnology.com or call +1 203-847-4007 x111.

Contact Information

  • Contact:
    Mary Fields
    Terra Technology
    203-847-4007 x127
    Email Contact