Toronto Stock Exchange: VIC.UN
OAKVILLE, ON, June 9, 2009 /CNW/ - Vicwest Income Fund ( the "Fund" or
"Vicwest") (TSX: VIC.UN) announced today that it has selected SAP Canada Inc.
and The Createch Group to implement enterprise resource planning (ERP)
software from SAP throughout the Fund's business operations, with the
intention of increasing visibility and efficiency across the organization and
building a strong platform for driving future business growth.
"After a thorough due diligence and competitive bidding process, we
concluded that SAP offered the Fund a comprehensive solution to meet all our
requirements for integrating processes, improving business practices and
optimizing business operations," said Colin Osborne, President and Chief
Executive Officer. "With a solid and scalable technology platform in place to
integrate multiple systems and provide a unified view of our business, we will
have greater visibility of our operations and be well positioned to leverage
operational efficiencies across the organization."
"SAP's proven technology and industry best practices, combined with
Createch's industry and integration expertise, provide Vicwest with a
best-in-class ERP solution," said Conrad Mandala, Vice President, SME, SAP
Canada Inc. "We look forward to working with the team at Vicwest to provide a
scalable, low-risk and cost-efficient solution with the flexibility to adapt
as business needs change."
About Vicwest Income Fund
The Fund is one of Canada's leading manufacturers and distributors of
building construction products, and steel containment products for
agricultural grain, fertilizer and liquid storage. Headquartered in Oakville,
Ontario, the Vicwest Building Products division fabricates and markets metal
roofing, siding and other metal building products under the Vicwest, Mercury
Metals, Valley Truss & Metal and RCA Metal trade names. Through the Westeel
Storage Solutions division, headquartered in Winnipeg, Manitoba, the Fund
manufactures storage solutions for agricultural grain and fertilizer, as well
as liquid storage tanks and accessories. These products are manufactured and
distributed under the trade names Westeel, Northern Steel Industries and NSI.
The Fund has 16 manufacturing facilities strategically located across Canada
with more than 1,000 dedicated employees committed to providing superior
quality products and delivering excellent service to customers in domestic and
Forward Looking Statements
This press release contains forward-looking information within the
meaning of applicable securities laws. Forward-looking information is subject
to certain factors, including risks and uncertainties, that could cause actual
results to differ materially from what the Fund currently expects and there
can be no assurance that such statements will prove to be accurate.
Accordingly, readers should not place undue reliance on forward-looking
Further information can be found in the disclosure documents filed by
Vicwest Income Fund with the securities regulatory authorities, available at
www.sedar.com and on the Fund's website www.vicwestfund.com.
For further information:
For further information: Colin Osborne, President & Chief Executive
Officer, Vicwest Income Fund, Tel: (905) 469-5700, Fax: (905) 825-1090; John
Slattery, Executive VP & Chief Financial Officer, Vicwest Income Fund, Tel:
(905) 469-5706, Fax: (905) 825-1090