KEWILL ACQUIRES ASSETS OF POINTANDSHIP SOFTWARE, INC.
Adds cloud-based software for parcel shipping & expense management to its market leading shipping solutions set
December 19, 2011 - Kewill plc (Ticker: KWL) ("Kewill" or the "Group"), the provider of software solutions that accelerate global trade and logistics, today announces the acquisition of the assets of Pointandship Software, Inc. ("Point&Ship"). With this acquisition, Kewill adds cloud-based software for both parcel shipping and shipping expense management ("SEMS") to its already market leading portfolio of shipping solutions. Gross assets acquired were $1.8m (approx. £1.2m).
With Point&Ship's Software as a Service ("SaaS") based SEMS™ solution, Kewill will now be able to provide multi-carrier shipping direct from the office-based worker's desktop for large, small and medium enterprises (SME) that have significant small package shipping requirements and who lack or prefer not to maintain an in-house infrastructure. Aligned with all Kewill products, SEMS was designed and built on a foundation of deep domain expertise and shipping experience.
"We are very pleased to be adding Point&Ship's SEMS to our range of shipping products", said Paul Nichols, Chief Executive of Kewill. "In line with our strategy, we are now able to support the largest enterprises as well as the SME market with both on-premise and SaaS based shipping solutions. This enables us to not only offer scalable choices for the market, but also supports our expanding VAR, reseller, and partner channels."
For additional information, please contact:
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Kewill |
Tel: 01483 406080 |
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Paul Nichols, Chief Executive Officer |
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David Gibbon Chief Financial Officer |
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FTI Consulting |
Tel: 020 7831 3113 |
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Ed Bridges / Marc Cohen |
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About Kewill plc.
Kewill delivers solutions that accelerate global trade and logistics.
Our software solutions and deep domain knowledge enable our customers to drive revenue growth and measurable cost savings.
A global company, Kewill provides software that accelerates customs and forwarding, transportation & logistics, and eCommerce & B2B integration. All of our solutions and people are focused on increasing the speed of global trade for our customers.
Since 1972, Kewill has delivered global trade and logistics solutions to some of the most sophisticated companies in the world. Over 7,000 companies use Kewill solutions including Bayer, Ingersoll Rand, DHL, UPS, TNT, Toll, Hankyu Hanshin, Scott's & Co., Hitachi, WaverleyTBS, Mothercare, Black & Decker and Damco.
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