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TGI Announces Record Growth in 2005
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Press Release

 

Technology Group International

Announces Record Growth in New License Sales for 2005

Toledo, Ohio – December 19, 2005 – Technology Group International (TGI), a leading ERP software solutions provider, today announced today announced record growth in 2005.

New license sales of TGI’s flagship product, Enterprise 21, increased 100% from the 2004 to 2005 fiscal year. In addition to the record sales in 2005, TGI experienced a 96% increase in license revenue from 2003 to 2004. This growth pattern equals an overall increase in license sales of over 400% for the two year period.

Scott Smith, President and CEO of TGI, stated “I am extremely pleased with our company’s performance this year. The back to back growth rate can easily be attributed to our strong enterprise product line. Unlike our competition, this record growth is organic growth from new TGI customers and has not been augmented by acquisitions or increased maintenance fees from existing customers. I am proud of our team and confident we will continue to have exceptional growth in 2006 as well.”

About Technology Group International, Ltd.

Founded in 1990 and headquartered in Toledo, Ohio, Technology Group International is a proven technology leader delivering Tier 1 application software functionality at a price performance level that can be readily accepted by organizations of all sizes. Specializing in software solutions for small and mid-market manufacturing and distribution companies, TGI’s integrated Enterprise Series software suite is a complete business process management solution. The product offering includes Enterprise Resources Planning (ERP), Manufacturing Resource Planning (MRP), Supply Chain Management (SCM), Warehouse Management System  (WMS), Advanced Planning and Scheduling (APS), Decision Support System (DSS), Business Intelligence, Manufacturing Execution System (MES), and eCommerce. TGI implements, maintains, enhances, and supports its packaged distribution and manufacturing software solutions directly and via its channel partners.

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