HighJump Software to Acquire TrueCommerce
Minneapolis, MN September 27, 2010 Today, HighJump Software announced it has reached agreement to acquire TrueCommerce, a provider of business-to-business integration solutions. TrueCommerce provides a comprehensive end-to-end suite of trading partner connectivity solutions including EDI translation and data mapping software, transaction network and on-boarding services. TrueCommerce solutions enable trading partner connectivity for 3,000 customers, features predefined integration to many major ERP systems and can be deployed in either SaaS or on-premise models.
The TrueCommerce trading partner integration solution complements HighJump Software's existing supply chain application suite which spans from supplier to store shelf and includes warehouse management systems, transportation management systems, route accounting systems, manufacturing execution, mobile sales and ERP data collection. Trading partner collaboration is increasingly important as organizations strive to reduce costs and improve service levels. By combining integration solutions with application functionality, organizations are able to ensure consistency in business processes and accuracy of information exchanged with trading partners.
"TrueCommerce has filled a unique need in the market for simple, robust and affordable EDI solutions for small and midsized businesses, commented Nick Manolis, TrueCommerce CEO. "I am excited for the TrueCommerce team to join HighJump, while continuing to provide excellent service, support and product innovation to our customers."
"Combining HighJump and TrueCommerce creates a unique and compelling solution offering within the supply chain software market, said Russell Fleischer, HighJump Software CEO. "Our view is that supply chain applications must allow users to connect with a broad ecosystem of trading partners to maximize value. The TrueCommerce solution platform, and our previous move to cloud-based applications, will help translate this vision into reality for our customers."
About HighJump Software, Inc.
HighJump Software is a global provider of supply chain management software that streamlines the flow of inventory and information from supplier to store shelf. More than 1,500 customers worldwide have transformed their supply chains using HighJump Software. HighJump Software solutions for distribution and logistics, direct store delivery, mobility and manufacturing include: warehouse management systems, transportation management systems, route accounting systems, manufacturing execution, mobile sales and ERP data collection. Functionally rich and highly adaptable HighJump Software solutions support growing and evolving businesses in distribution, food and beverage, 3PL, retail, healthcare and consumer goods industries.
About TrueCommerce, Inc.
TrueCommerce, Inc. provides everything needed to fully implement EDI from one source. Since 1995, our mission has been to make EDI painless by providing a comprehensive, end-to-end EDI solution that is easy to use, robust, and affordable. TrueCommerce is recognized as the exclusively endorsed EDI solution for use with Sage?s financial applications and has earned Microsoft's highest standard for partner-developed software solutions. Additionally, TrueCommerce is the only EDI solution selected by Intuit as a Preferred Solution for QuickBooks Enterprise Solutions. The TrueCommerce award-winning solutions are used by small and mid-size businesses to exchange tens of millions of EDI transactions annually within a variety of industries including retail, banking, healthcare and government. Signal Hill Updata acted as sole financial advisor to TrueCommerce in this transaction.
HighJump is a trademark of HighJump Software Inc. Other names and trademarks may be the property of their respective owners.