Business Services Industry

Prescient Jumps Two Notches on Consumer Goods Technology's Ranking; Industry Survey Lists Philadelphia Firm Among Top National Supply Chain Experts

Business Wire, Feb 22, 2006

WEST CHESTER, Pa. -- Prescient Applied Intelligence, Inc. (OTCBB:PPID), a leading provider of supply chain and advanced commerce solutions for retailers and suppliers, today announced it moved up two notches in Consumer Goods Technology (CGT) magazine's annual industry rankings of supply chain experts. In this year's survey, Prescient is ranked seventh in supply chain planning solutions, up from ninth position last year.

The voting process included consumer goods executives who were asked to identify and rank the companies they currently use, and their customer experiences with each. Top 10 lists were determined by a combined score of number of votes weighted against customer experience ratings.

"We are honored to be included on the Top 10 Supply Chain Planning Providers list for the third year, especially since our customers put us there," said Jane Hoffer, CEO and president of Prescient. "Our strategy has always been to deliver top-notch supply chain solutions that help our customers succeed in today's highly competitive retail marketplace."

About Prescient

Prescient, founded in 1985 (OTCBB:PPID), is a leading provider of supply chain and advanced commerce solutions for retailers and suppliers. Prescient's solutions capture information at the point of sale, provide greater visibility into real-time demand and turn data into actionable information across the entire supply chain. As a result, the company's products and services enable trading partners to compete effectively, increase profitability and excel in today's retail business climate. Household brand names like Ahold, AutoZone, Coors, Domino's Pizza, Rite Aid, Sara Lee, Schwan's and Wyeth rely on Prescient. For more information, go to www.prescient.com.

Forward-Looking Statement

Any statements contained in this document that are not historical facts are forward-looking statements as defined in the U.S. Private Securities Litigation Reform Act of 1995. Words such as "anticipate," "believe," "estimate," "expect," "forecast," "if," "intend," "may," "plan," "project," "predict," "should" and "will" and similar expressions as they relate to Prescient Applied Intelligence, Inc. are intended to identify such forward-looking statements. Prescient may from time to time update these publicly announced projections, but it is not obligated to do so. Any projections of future results of operations should not be construed in any manner as a guarantee that such results will in fact occur. These projections are subject to change and could differ materially from final reported results. For a discussion of such risks and uncertainties, see "Risk Factors" in Prescient's report on Form 10-KSB filed with the Securities and Exchange Commission and its other filings under the Securities Exchange Act of 1934, as amended. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the dates on which they are made.

Available for Interviews: Jane Hoffer, president & CEO, Prescient

COPYRIGHT 2006 Business Wire
COPYRIGHT 2008 Gale, Cengage Learning

 

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