Optio's Offering Will Standardize and Streamline Document-Driven Processes Across Multiple Brands and Borders
Optio(R) Software, Inc. (OTCBB:OPTO), a leading provider of Business Process Improvement (BPI) solutions dedicated to helping companies achieve higher levels of efficiency and accuracy in their inbound and outbound document processes, announced today that Ingersoll Rand has signed a global license agreement to deliver Optio's document management solution across its entire enterprise, which spans dozens of global industrial and commercial brands and more than 80 manufacturing facilities.
Under the agreement, Ingersoll Rand, a leading diversified industrial company, will provide Optio's e.ComPresent(TM) solution in tandem with their newly standardized Enterprise Resource Planning (ERP) application to all subsidiaries as part of an ongoing strategy to consolidate and standardize the company's multiple ERP systems (additional terms were not disclosed).
According to Michael Macrie, Ingersoll Rands' director of worldwide backoffice systems, the company currently operates 121 unique ERP instances throughout the organization. The global standardization effort will move all legacy ERP systems to a single standard application, while providing the company with leading-edge technology that will optimize document-driven processes across multiple brands and borders.
"Ingersoll Rand has been an Optio customer for several years and has realized the benefits of their solutions across several of our brands," said Macrie. "Optio's vision is consistent with Ingersoll Rand's business objectives; it makes perfect sense to standardize the use of their document management technology throughout the enterprise. We expect that our partnership with Optio will help us to reduce costs and extend the value of our ERP technology," added Macrie.
"We consider it a great compliment and privilege to provide Ingersoll Rand's multiple businesses with a viable means of cutting costs and streamlining document-intensive processes," said Chris Beecroft, Optio Software's SVP and general manager of enterprise sales and services. "We look forward to a long and mutually beneficial relationship with Ingersoll Rand in the years to come."
About Ingersoll Rand
Ingersoll Rand is a leading diversified industrial company providing products, services and integrated solutions to industries ranging from transportation and manufacturing to food retailing, construction, and agriculture. With a 135-year-old heritage of technological innovation, we help companies worldwide to be more productive, efficient and innovative. In every line of our business, Ingersoll Rand enables companies and their customers to create progress.
About Optio Software, Inc.
Optio Software, with 25 years of experience and more than 5,000 clients, worldwide, provides software solutions dedicated to helping customers achieve unprecedented speed, accuracy, functionality and quality in their inbound and outbound document processes, while extending the value of their Enterprise Resource Planning (ERP) and Hospital Information Systems (HIS) applications. More than 5,000 organizations rely on Optio Software for innovative business process improvement solutions that allow them to reduce transactional activities and focus on core responsibilities. Headquartered in Alpharetta, Ga., Optio Software maintains European, Middle Eastern and African headquarters in Paris, France and sales offices in the United States, Germany and the United Kingdom. For more information about Optio Software or to contact a local Optio sales consultant, reach us at 770.576.3500 or visit our website at www.optio.com.
(C) Copyright 2006, Optio Software, Inc. All Rights Reserved. Optio and e.ComPresent are registered trademarks of Optio Software, Inc. Other companies and products mentioned in this document are the property of their respective owners.
