Software includes RF warehousing capabilities.

Press Release Summary:



FASPAC-SQL(TM) Release 4.5 consists of applications for distribution, manufacturing, financials, eCommerce, business intelligence, and reporting. Radio Frequency (RF) warehousing capabilities allow pulling of product from inventory for multiple orders and pick lists in one warehouse walk-through. Intelligent Notes System and Instant Messenger enable information transfer and associativity, while Executive Dashboard functionality accesses up-to-date information in real-time via single Web page.



Original Press Release:



Faspac Systems Announces Release 4.5 of FASPAC-SQL(TM) ERP System



Enhanced Radio Frequency Warehousing and Communication Capabilities Improve Inventory Accuracy, Labor Productivity, and Access to Information

(La Jolla, California - January 21, 2003) Faspac Systems, Inc., a leading developer of distribution and manufacturing ERP software, is pleased to announce FASPAC-SQL Release 4.5.

A comprehensive business management solution, FASPAC-SQL is an integrated set of Windows®-based software applications for distribution, manufacturing, financials, eCommerce, business intelligence and reporting. Featuring advanced lot control, traceablity and tagging functionality, the system is designed to improve inventory accuracy and operational efficiency, reduce operating costs, and increase sales and profitability in distribution and manufacturing organizations.

Among the more significant enhancements in FASPAC-SQL Release 4.5 include enhanced Radio Frequency (RF) warehousing capabilities. A new RF Pull to Pick feature provides the ability to pull product from inventory for multiple orders and pick lists in one warehouse walk through. This increases efficiency as multiple orders can be picked at one time.

FASPAC-SQL Release 4.5 offers improved communication capabilities with a new Intelligent Notes System and Instant Messenger. You can create notes and associate them with customers, vendors, groups, items, or contracts for internal and external communications throughout the system. Instant Messenger lets you send instant messages from within FASPAC-SQL and include viewable attachments such as certifications. This improves the flow of information throughout your organization and provides better accountability and accuracy in your communications

You can easily track and monitor key business performance metrics with FASPAC-SQL's new Executive Dashboard functionality. Access up-to-date financial activity, key operational data, analytical reports, industry news, and competitive intelligence all in real-time via a single Web page.

"FASPAC-SQL's enhanced Radio Frequency System streamlines warehouse operations for our customers in addition to reducing errors and decreasing operating costs," says Scott Evans, Vice President of Sales and Marketing. "With the ability to track key performance indicators with the Executive Dashboard, company executives can make more informed business decisions from virtually anywhere in the world."

Other enhancements in FASPAC-SQL Release 4.5 include:
o Summary Billing;
o On-time Analysis Reporting (required for ISO 2000);
o Immediate view of Gross Margin and Inventory availability by Package Type and Lot during Order Entry;
o Credit Card Authorization;
o Improved Manufacturing and Inventory Purchasing Integration;
o And much more.

FASPAC-SQL is a client/server-based system. The client workstations run on Microsoft® Windows® XP or 2000 Professional. The dedicated SQL server runs on Windows 2000 Server.

About Faspac Systems, Inc.
Founded in 1979 and based in La Jolla, CA, Faspac Systems is a privately held, full-service computer systems company and developer of enterprise software for fastener and industrial distributors and manufacturers. It has installations in the United States, Canada, and Great Britain.

For more information on Faspac Systems and our products, call us at 888-794-7879 or 858-454-0062, fax us at 858-799-3598, send e-mail to sales@faspac.com or visit our Web site at www.faspac.com.

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