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News Release FOR IMMEDIATE RELEASE: "Heroes of Innovation" Event TORONTO, CANADA, MARCH 2005 - Webcom Limited of Toronto, Ontario was recognized with its technology partner, Ideaca Limited, last month by Microsoft Canada Co. at the second annual Heroes of Innovation event. Microsoft took this opportunity to showcase successes of its business partners and their respective clients in applying Microsoft technology to improve productivity and overcome unique business challenges. Webcom's "heroic" deed was in response to an efficiency challenge, solved with an integrated ERP (Enterprise Resource Planning) system and dubbed as POEM (Production Order Estimating Management) by Webcom's ERP Business Manager, Mark Delvecchio.
"POEM is a multi-million dollar program initiated in 2002 which continues to pay dividends," commented Delvecchio. System improvements help customers identify project efficiencies, reduce costs and provide an opportunity for more of a consultative discussion with Webcom industry specialists. Customer service has improved dramatically with 80% of cost estimates now being completed within minutes rather than weeks. Additional system enhancements will facilitate an anticipated 33% improvement in the automation of the job production workflow within the first 6 months of implementation when they go into effect next month. With the Canadian dollar value reaching record highs, Webcom is poised to meet competition head-on with heightened productivity. This is accomplished not only with POEM, but through a corporate commitment to leverage all IT-related advantages and applying the resulting efficiencies to the integrated publishing solutions Webcom provides its customers. "We have made a conscious effort to lead the Canadian publishing industry with new technology, as evident from an extensive list of industry firsts spanning three decades. Today we face the challenges of pressure to reduce prices and absorb costs related to the rising dollar. It was paramount that we achieve significant efficiencies with our ERP systems, as we have done with POEM." said Jeff Wilkins, President of Webcom Limited. For more information about Webcom Limited, visit www.webcomlink.com or contact Jeff Wilkins, President of Webcom Limited at 1-800-665-9322. Click here for a copy of Microsoft Canada Co. February 2, 2005 press release.
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