TXT E-SOLUTIONS ANNOUNCES AMBITIOUS PLANS AT ANNUAL SUMMIT

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TXT e-solutions is celebrating the success of its seventh international summit held in Venice on 18 and 19 November. The Summit attracted speakers, analysts and press from throughout Europe.

Already a European leader in products, services and software solutions, the company announced an ambitious three year plan at this years event held at the Fondazione Cini on the island of San Giorgio Maggiore.

Focusing on the theme "Competing Through Innovation: New Markets and Converging Technologies in a consumer driven world", the Summit was attended by TXT customers and partners, including representatives from Grampian Food Group, Faccenda, Geox, Microsoft, Entertainment UK, Mediaset, Sky TV, and AMR Research.

President Alvise Braga Illa opened the conference by announcing to the assembled press the companys corporate strategy for the next three years, aimed at building on the success TXT has achieved since it was established in 1989. In particular the company intends to consolidate its presence within, and focus its full range of services on Industry & Retail, Media and Telecommunications, Banking & Finance, and Aerospace & Defence sectors.

TXT used the summit to announce the launch of its latest product - TXT PERFORM the new Demand & Supply Chain Management platform, which TXT is confident will help it win new business.

This latest development includes strengthened and expanded integration with Microsoft Office, allowing users to interact more extensively using office tools already familiar to them. The first components are planned for release in early 2005, with plans for global development to follow by 2006.

Executive Vice President Francesco Maderna, commenting on the launch of the TXT Perform Suite, said: "Until now TXT has seen the large ERP vendors as its greatest competitors. These vendors have had not so much better solutions, but rather the persuasive weapon of a one-supplier business solution ".

He continued: "The TXT Perform Suite places TXT among the leading vendors of specialised solutions, and our vision in relation to "competitors" means that large ERP vendors are transformed from competitors to partners, with whom we not only can compete, but can also co-operate in the interests of the customer."

Within the Multichannel Content Management field, TXT announced its intention to strengthen its solutions to the media community, particularly in relation to digital terrestrial television.

Research and development, highlighted at last years Summit, is another area which continues to be important to TXT. Plans were also announced for the company to continue its successful acquisition policy, having already recently acquired Logilab, Program and recently MSO Concept.

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