CALGARY, March 19 /CNW/ - WellPoint Systems Inc. ("WellPoint" or the
"Company") (TSX-V:WPS) is pleased to announce that the Company has completed
the final stages of the technical and support certification processes
associated with Microsoft's Industry Builder program. As a result, effective
April 1, 2007, WellPoint will have its financial management product included
on Microsoft's Dynamics AX price lists in the U.S., Canada and the United
Kingdom. The product, rebranded as "Energy Financial Management for Microsoft
Dynamics AX", will now be available for resale by Microsoft and the Microsoft
partners within those specific regions who choose to become certified in the
marketing and implementation of this solution.
The Microsoft Industry Builder program is a structured program in which
Microsoft works together with a very select number of independent software
vendors (ISVs) to deliver complete, top-quality solutions that meet the unique
needs of different industries. Microsoft Dynamics AX software solutions that
are developed through this program meet Microsoft's strict quality standards
and are packaged with a Microsoft-backed customer support offering.
To date, Microsoft has been extremely selective in identifying potential
solutions that would qualify for this program and as a result there are only
nine ISVs certified within the Industry Builder program worldwide. Of these
nine ISVs, WellPoint is the only partner in the Industry Builder program
dedicated to the global energy industry. Not surprising then is the fact that
WellPoint has ambitions to ensure that this product is made available to
regions beyond just the first three highlighted in this announcement.
Specifically, the Company intends to have this solution available for the
Russian and Chinese pricelists by the end of the calendar year.
"Now that our product is being added to the Microsoft pricelists, our
next initiative is to ensure that we align with the global partners that are
best suited to successfully implement this solution within our focus regions",
says Tom Mawhinney, President of WellPoint Systems. "Once armed with the
appropriate training, we expect that our partners will be able to capture
significant market share in a reasonably short period of time, whether that
region is highly competitive like it is in the U.S. or relatively untapped
like the market in China."
Founded in 1975, Microsoft (Nasdaq "MSFT") is the worldwide leader in
software, services and solutions that help people and businesses realize their
full potential. Microsoft and Microsoft Dynamics are either registered
trademarks or trademarks of Microsoft Corp. in the United States and/or other
About WellPoint Systems Inc.
WellPoint Systems provides premier software and related services for
managing critical operations within the energy industry. Aligning tightly with
Microsoft Corporation, WellPoint is the only Independent Software Vendor (ISV)
and Microsoft Dynamics partner dedicated to the energy sector. It is breaking
new ground with the creation of a more comprehensive, integrated energy
software suite based on existing Microsoft ERP technology that utilizes
state-of-the-art Dynamics AX(R) and .NET architectures. WellPoint became a
Microsoft Gold Certified Partner in 2005.
Founded in 1997, Calgary-based WellPoint Systems also has major
operations in Houston, TX, Livingston, NJ, Tampa, FL, Tunis, Tunisia and
WellPoint is publicly traded on the TSX Venture Exchange under the symbol
This document contains forward-looking statements. Some forward looking
statements may be identified by words like "expects", "anticipates", "plans",
"intends", "indicates" or similar expressions. The statements are not a
guarantee of future performance and are inherently subject to risks and
uncertainties. The Company's actual results could differ materially from those
currently anticipated due to a number of factors, including, but not limited
to, successful integration of structural changes, including restructuring
plans, acquisitions, technical or manufacturing or distribution issues, the
competitive environment for the Company's products, the degree of market
penetration of the Company's products, and other factors set forth in reports
and other documents filed by the Company with Canadian securities regulatory
authorities from time to time.
The TSX Venture Exchange does not accept responsibility for the adequacy
or accuracy of this release.
For further information:
For further information: WellPoint Systems Inc., Tom Mawhinney,
President, (403) 444-5873, email@example.com,
www.wellpointsystems.com; Investor Cubed, Neil Simon, Strategic Consultants,
(866) 786-6601, firstname.lastname@example.org, www.investor3.ca