LAVAL, QC, Feb. 9 /CNW Telbec/ - 20-20 Technologies Inc. (TSX: TWT)
("20-20" or the "Company") the world leader in 3D interior design and
furniture manufacturing software announced today that during the
January IMM show in Cologne, Germany, it closed its first inSight deal
in Ukraine. The customer is ProDEKS, a manufacturer of kitchen and wall
ProDEKS is an existing customer that made the decision to purchase
inSight to extend its end-to-end solution. 20-20's solution was
selected because it meets ProDEKS sophisticated requirements in terms
of order entry and production monitoring.
The IMM show in Cologne, an event dedicated to home furnishing and
kitchens, hosted 138,000 visitors this year, an increase of 38% over
last year. The mood among exhibitors and visitors was excellent and
could be a leading indicator of upcoming market conditions.
"We observe a growing trend among existing and potential clients who
have a roadmap to build upon and leverage the benefits of our
end-to-end solution," said Jean-Francois Grou, CEO of 20-20. "ProDEKS
exemplifies the trend in that it was already a 20-20 Design client and
saw the means of further extending its solution with inSight."
Added Joerg Witthus, 20-20's Executive Vice President for Sales and
Services Europe, "This deal and others clearly highlight the Company's
strong position and momentum in Central and Eastern Europe. We are now
seeing our strengths translating into market share gains. The deal with
ProDEKS represents our fourth important contract closed during the
first quarter in this region alone. inSight was developed to meet the
specific requirements of manufacturers, which provides 20-20 with a
compelling and solid competitive position."
About 20-20 Technologies Inc.
20-20 Technologies is the world's leading provider of computer-aided
design, business and manufacturing software tailored for the interior
design and furniture industries. Dealers and retailers use our desktop
and Web-based products and solutions for the home and office markets.
20-20 offers a unique end-to-end solution, integrating the entire
breadth of functions in interior design. It provides a bridge for data
communication from the point-of-sale to manufacturing, including
computer-aided engineering and plant floor automation software.
Operating in eleven countries with more than 500 employees and an
extensive network of partners worldwide, 20-20 is a publicly traded
company (TWT) on the Toronto Stock Exchange (TSX). For more
information, visit www.2020technologies.com.
Founded in 1999, located in Ukraine and employing approximately 90
people, ProDEKS manufacture mainly kitchens and wall systems. By
printing large motives on top of its furniture, ProDEKS has a "unique
selling point" in the furniture market of Eastern Europe.
IMM Cologne showcases the home interiors of the future. The important
suppliers from Germany, the rest of Europe and all over the world
present their latest products here. IMM Cologne is the central meeting
place for suppliers and decision-makers.
SOURCE 20-20 TECHNOLOGIES INC.
For further information: