Epicor(R) Unveils On-Demand Carbon Accounting Solution
December 15 2010 - 9:00AM
Marketwired
Epicor Software Corporation (NASDAQ: EPIC), a leading provider of
enterprise business software solutions for the midmarket and
divisions of Global 1000 companies, today announced Epicor Carbon
Connect, a software as a service (SaaS)-based carbon accounting
solution to help organizations address sustainability and the ever
increasing associated government regulations. Epicor Carbon Connect
provides companies with the ability to identify, analyze, audit,
track, manage, benchmark and report on their carbon
emissions/environmental impact and energy consumption.
Coupled with Epicor enterprise resource planning (ERP) utility
invoices and production schedules drawn from current or forecasted
orders, companies can use Epicor Carbon Connect to calculate
expected emissions output and budget for environmental cost
factors. Epicor Carbon Connect is a fundamental part of an overall
financial management and accounting system to enable companies to
engage in emissions accounting for regulatory, public relations,
marketing, and operational efficiency purposes.
Automated Reporting Equals Measurable Cost
Savings For the budding green economy to have meaningful
impact and sustainable change, organizations must have a valid
means of measuring its worth to justify continued investment.
Epicor Carbon Connect provides automated reports that demonstrate
measurable savings and provide meaningful measurement of
sustainability initiatives; this validation translates to
justification of further investment and expenditures.
"Financial management applications are the central hub toward
effective management of sustainability challenges," said Matt
Muldoon, vice president, product marketing for Epicor. "Deploying
an enterprise-class carbon accounting solution in the Cloud will
empower our customers to meet evolving reporting and regulatory
requirements, while optimizing the performance, cost and value of
their governance, compliance and risk efforts."
Increased Emphasis on Environmental
Sustainability Gartner research vice president Stephen Stokes
recommends in his recent report, "Sustainable Business Systems,
Part 1: Enterprise Sustainability for the Low-Carbon Economy,"
published October 25, 2010, that organizations start developing
carbon-emission inventories now. "The emergence of carbon as a
newly commoditized asset class, price volatility, uncertainty of a
future supply of conventional energy, and concerns over other
factors, including an acute focus on energy efficiency, water
availability and quality, waste, hazardous chemicals, and product
accountability and traceability across the supply chain, have
driven sustainability and its attendant business risks up the
corporate agenda to an unprecedented level."
Availability and Pricing Epicor Carbon
Connect is currently scheduled for release in December 2010,
on-demand or on-premise, with Epicor's next-generation ERP suite.
Carbon Connect will be available for all other Epicor products as
an Extend application.
About Epicor Software Corporation Epicor
Software is a global leader delivering business software solutions
to the manufacturing, distribution, retail, hospitality and
services industries. With 20,000 customers in over 150 countries,
Epicor provides integrated enterprise resource planning (ERP),
customer relationship management (CRM), supply chain management
(SCM) and enterprise retail software solutions that enable
companies to drive increased efficiency and improve profitability.
Founded in 1984, Epicor takes pride in more than 25 years of
technology innovation delivering business solutions that provide
the scalability and flexibility businesses need to build
competitive advantage. Epicor provides a comprehensive range of
services with a single point of accountability that promotes rapid
return on investment and low total cost of ownership, whether
operating business on a local, regional or global scale. The
Company's worldwide headquarters are located in Irvine, California
with offices and affiliates around the world. For more information,
visit www.epicor.com.
Follow Epicor on Twitter: https://twitter.com/Epicor
Epicor is a registered trademark of Epicor Software Corporation.
Other trademarks referenced are the property of their respective
owners. The product and service offerings depicted in this document
are produced by Epicor Software Corporation.
FORWARD-LOOKING STATEMENTS: This document
includes descriptions of product functionality that is not
presently available. This press release contains certain statements
which may constitute forward-looking statements under the Private
Securities Litigation Reform Act of 1995. These forward-looking
statements include statements regarding future product releases,
growth prospects, and the direction and launch of future
functionality and other statements that are not historical fact.
These forward-looking statements are based on currently available
competitive, financial and economic data together with management's
views and assumptions regarding future events and business
performance at the time the statements are made and are subject to
risks and uncertainties. Actual results may differ materially from
those expressed or implied in the forward-looking statements. Such
risks and uncertainties include but are not limited to changes in
the demand for Epicor's products; the timely availability and
market acceptance of new products and upgrades; the impact of
competitive products and pricing; the discovery of undetected
software errors; changes in the financial condition of Epicor's
customers; and other factors discussed in Epicor's annual report on
Form 10-K for the year ended December 31, 2009 and quarterly report
on Form 10-Q for the quarter ended June 30, 2010. As a result of
these factors the business or prospects expected by Epicor as part
of this announcement may not occur. Epicor undertakes no obligation
to revise or update publicly any forward-looking statements.
Contacts: Lisa Preuss Director, Public Relations Epicor Software
Corporation 949/585-4235 lpreuss@epicor.com Damon Wright Vice
President, Investor Relations Epicor Software Corporation
949/585-4509 dswright@epicor.com
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