LAVAL, QC, April 28 /CNW Telbec/ - 20-20 Technologies Inc. (TSX: TWT),
the world leader in 3D interior design and furniture manufacturing software,
announced today the signature of an agreement to implement its Enterprise
inSight manufacturing solution at Mobelwerk Svoboda, a leading Austrian office
furniture manufacturer. Svoboda is well-known for its innovative, premium
office furniture products, and in particular, its custom-tailored workplace
"We decided to implement Enterprise inSight following an extensive
selection and review process. It was ultimately the 20-20 team's deep
understanding and experience with the furniture manufacturing industry that
led us to this decision," said Bernhard Holzer, Managing Director at Svoboda.
Enterprise inSight was positioned against strong competition and was
ultimately granted the go ahead to replace Svoboda's legacy ERP system. It
will support all business processes - from order entry through engineering
configuration and into shop floor execution - to achieve reliable, flexible
and lean practices. By implementation, Svoboda's showrooms will already be
using inSight's powerful order and configuration capabilities to reduce errors
and streamline order information flow throughout Austria.
"20-20's Enterprise inSight is the ideal fit for Svoboda's highly
configurable product portfolio as its engineering configuration methods will
strongly support the company's mass-customization approach. inSight's open and
flexible system will allow for a most secure staged implementation approach
while interfacing with the legacy system as Svoboda requires," said
Jean-Francois Grou, 20-20 Technologies President and Chief Operating Officer.
As Svoboda reviews and optimizes its business processes throughout the
implementation processes, it will benefit from inSight's architecture that can
tailor its system behaviour to reflect Svoboda's specific requirements.
Svoboda is a privately owned business with headquarters in St. Pölten,
Austria and employs 285 people. Its revenues reached $57.4 M USD in 2007-08.
Within this same period, exports to European countries grew significantly as
did its well-established Austrian businesses.
About 20-20 Technologies Inc.
20-20 Technologies is the world's leading provider of computer-aided
design, business and manufacturing software solutions tailored for the
interior design and furniture industries. Dealers and retailers use its
desktop and Web-based products and solutions for the residential and
commercial markets. 20-20 offers a unique proprietary 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 and
world-leading enterprise resource planning (ERP) systems, including
computer-aided engineering and plant floor automation software. Operating in
12 countries with more than 500 employees, 20-20 is a publicly traded company
(TWT) on the Toronto Stock Exchange (TSX). For more information, visit
About Svoboda Buromobel
Svoboda Buromobel was founded in 1911 and has been serving its market as
a family-run company for three generations. With around 285 employees, group
turnover (furniture production, metalworking, logistics and foreign
subsidiaries) for the fiscal year 2007/2008 totaled 44 million euros. Around
22,000 workspaces are furnished annually. Alongside headquarters and
production facilities in St. Pölten, there are seven further Austrian
locations. Outside of Austria, Svoboda is represented by offices in Amsterdam
and Budapest as well as by licensees in Brazil, Hong Kong and Australia.
Around 15 percent of business is done abroad. The main foreign markets are
Holland, Germany and Hungary. Since 2007, Svoboda has also been represented by
partners on the local markets in Switzerland, Belgium, Luxemburg, the Czech
Republic, Bulgaria and Croatia. For more information, visit www.svoboda.at.
Forward Looking Statements
Certain statements contained in this press release constitute
forward-looking information within the meaning of securities laws.
Implicit in this information, particularly in respect of future operating
results and economic performance of the Company are assumptions regarding
projected revenues and expenses. These assumptions, although considered
reasonable by the Company at the time of preparation, may prove to be
incorrect. Readers are cautioned that actual future operating results and
economic performance of the Company are subject to a number of risks and
uncertainties, including general economic, market and business conditions and
could differ materially from what is currently expected.
For more exhaustive information on these risks and uncertainties you
should refer to our most recently filed Annual Information Form which is
available at www.sedar.com. Forward-looking information contained in this
report is based on management's current estimates, expectations and
projections, which Management believes are reasonable as of the current date.
The reader should not place undue importance on forward-looking information
and should not rely upon this information as of any other date. While the
Company may elect to, it is under no obligation and does not undertake to
update this information at any particular time, unless required by applicable
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For further information: Media Relations: MaisonBrison, Rick Leckner,