SOURCE: Xterprise Incorporated

November 10, 2008 18:15 ET

Xterprise Offers RFID Solution Financing Backed by Microsoft

Provides Investment in Innovation Technology During Period of Uncertain Market Conditions and Tighter Budgets

DALLAS, TX--(Marketwire - November 10, 2008) - Xterprise Incorporated, the leading global supplier of Solutions for the High Definition Enterprise™ and a Gold-Certified Microsoft™ ISV partner, announced its launch of a creative financial solution backed by Microsoft™ to enable companies to rapidly deploy RFID solutions.

During challenging economic cycles companies must continue to increase their efficiency, cut waste and strive to do business in smarter ways. The unfortunate reality is the projects and investments that can deliver material impact on future growth while delivering cost savings today are often shelved as corporate spending is tightened.

In recognition of this dilemma, Xterprise is offering a new financing vehicle from Microsoft Financing (NASDAQ: MSFT) to assist their customers as they continue to drive to new levels of operational efficiency. The investment stimulus financing offered through Xterprise is structured to allow an organization to respond to today's challenging business climate by acquiring new technology that will enable business innovation, drive higher asset utilization, and realize substantial operational cost savings.

"During economic downturns, innovation is the single most important tool for transforming the crisis into a business opportunity," said Dean Frew, founder and CEO of Xterprise. "With our partner Microsoft, we are uniquely positioned to offer attractive financing packages for our Clarity™ enterprise applications which enable a business to realize the benefits of our technology without the typical budgetary or cash flow impact of such an investment."

Highlights of the new financing offering:

--  No upfront capital expenditures;
    
--  No payments or interest for 180 days;
    
--  12 to 48 month terms and competitive rates;
    
--  Available on all solution components including software, hardware, and
    services.
    

Xterprise has developed a suite of solutions branded "Clarity™ that leverage RFID and other sensor technologies to enable process innovation, drive significant operational cost savings, and facilitate greater utilization of inventory, assets and personnel.

The Clarity Solution Suite delivers value to an enterprise with the following highly scalable applications:

--  Clarity AGR™ - Automated Goods Receipts,

    --  streamlining the receiving process and delivering cost savings in
        manufacturing, distribution and retail environments;

--  Clarity ARS™ - Advanced Retail System,

    --  delivering item-level inventory management and operations to the
        stores and fulfillment centers of fashion and specialty retailers;

--  Clarity EAM™ - Enterprise Asset Management,

    --  providing traceability and management of assets and inventory
        across a wide variety of industries including aerospace,
        automotive, industrial and high technology manufacturers and
        distributors.

--  Clarity ITAM™ - IT Asset Management,

    --  reducing the cost of compliance while providing physical security
        of assets in the financial services and telecom industries, as well
        as data center service providers;

--  Clarity RTI™ - Reusable Transport Item Management,

    --  increasing utilization and reducing the acquisition costs of
        reusable assets used to transport finished goods, work-in-process,
        and raw materials through a multi-stakeholder supply chain.

No one knows for certain how long the current financial crisis will last and all business clearly do not have the capacity and resources to come out as winners. The Clarity™ Solutions from Xterprise, with the financing offered through Microsoft Corporation, allow businesses to forge ahead while competitors are in retreat.

About Xterprise

Xterprise Incorporated was founded in 2002 as a provider of enterprise-class RFID (Radio Frequency Identification) applications. Today our Clarity™ Solutions combine Microsoft platform technology, continuous improvement and lean supply chain expertise, enterprise supply chain systems integration along with RFID and other sensory technology to deliver previously unachievable levels of visibility, assurance, accuracy, process improvement and value to our clients. The growing list of Xterprise customers includes Alcon, Allergan, Chicken of the Sea, Corning, Continental, Dairy Fresh, Dial, Eureaka, ExxonMobil, General Mills, Georgia Pacific, Kraft, iGPS, Intel, L'Oreal, Nokia, Samsung, Schoeller Arca Systems, ShopVac, The Libman Company, The US Department of Veterans Affairs, TIMCO Aviation Services, TNT Express, Toyota Motors N.A. and many others. Xterprise has been recognized as the 2008 Microsoft RFID Partner of the year and is ranked as one of 30 fastest growing software companies in America by the Inc. 500. The Xterprise headquarters is located in Carrollton, Texas (Dallas/Fort Worth). For additional information call +1-972-690-9460 US, email info@xterprise.com or visit www.xterprise.com.

Brand names mentioned herein are the trademarks of their respective owners.

Contact Information

  • MEDIA CONTACTS

    Jim Caudill
    Senior Vice President of Marketing and Strategy
    Xterprise Incorporated
    Email Contact
    +1 972-690-9460

    Howard LaMunion
    Public Relations for Xterprise
    Consulttus Group Incorporated
    Email Contact
    +1 214-601-0977