NxTrend Acquisition Update



"Because both product lines have shown great success in different market spaces, we intend to move both products forward with new research and development and focused sales and marketing efforts," said Ross Elliott, Vice President of Operations for NxTrend. Elliott added that in addition to the new markets Dimasys will bring to NxTrend, NxTrend distribution software also bring new options to Dimasys users. "We have many products that will immediately benefit Dimasys users, including our CRM package CORrelation and our e-business and connectivity suite bizLinx. Because of the openness of both platforms, we expect many future developments will benefit both products and both user bases."



Dimasys will continue support and development of their Enspire product line of distribution software and will operate as a wholly-owned subsidiary of NxTrend. Gary Simon, the founder of Dimasys, will remain as President reporting to Mike Cornell. "The merger of our two companies will greatly benefit our Touchstone and Enspire customers," said Simon. "I believe the combined strengths of our two organizations will create by far the most complete solution suite for all the markets we jointly serve. The entire Dimasys team is very excited about our future with NxTrend."



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