YARDLEY, PA, April 12, 2004 - Prophet 21, the leading provider of technology solutions for durable goods distributors, has announced the acquisition of Distributor Information Systems Corporation (DISC), a provider of enterprise software solutions and services for fluid power distributors.
"As the leading provider of technology solutions for the distribution industry, Prophet 21 is constantly searching for ways to strengthen its expertise among durable goods distributors to help its customers continue to increase sales, improve customer service, and reduce operating costs," said Chuck Boyle, Prophet 21 president and CEO, in making the announcement. "DISC is a powerful force in the fluid power market and we are fortunate to be in a position to acquire them."
"Both DISC and Prophet 21 users will benefit from this melding of DISC's specific vertical market expertise with Prophet 21's technology leadership and corporate strength," continued Boyle. "The combined forces of Prophet 21 and DISC have made Prophet 21 the dominant technology provider in the fluid power market."
This acquisition further strengthens Prophet 21's domain expertise in the distribution industry as a whole, while deepening its knowledge of the fluid power marketplace. Prophet 21 has more than 37 years experience in the distribution industry, including some of the largest fluid power distributors in North America. Among them: Brenner, Fiedler & Associates, Flowline Components, Inc., G.S. Hydraulic Inc., and many others.
In addition to Prophet 21's strong financial strength, stability, extensive research and development resources, value-based customer support, and domain expertise, the company's existing technologies for distributors - including Prophet 21 CommerceCenter, the leading enterprise solution, and Trading Partner Connect, the leading Internet trading network - and extensive array of Professional Services will offer DISC customers tremendous opportunities to increase sales, improve customer service, and reduce operating costs.
For nearly 25 years, DISC has been a leading provider of enterprise software solutions and services for fluid power distributors in North America. More than 315 distributors utilize a DISC solution. These customers will join Prophet 21's customer base, as DISC and Prophet 21 will combine to form into a single entity called Prophet 21. DISC's products and services will be supported, marketed, and sold by Prophet 21.