Re Microsoft's Investment in

RNS Number : 4972Z

K3 Business Technology Group PLC

23 September 2009

 



KBT

K3 BUSINESS TECHNOLOGY GROUP PLC

('K3' or 'the Group')

Re Microsoft's Investment in Retail Sector 

K3, a leading supplier of Microsoft based supply chain management software solutions, notes the announcement issued yesterday by Microsoft that it is expanding its presence in the retail sector and has acquired the Dynamics AX retail solution from LS Retail EHF in order to enhance its existing Dynamics suite of ERP business solutions. 

K3 is one of the UK's largest Microsoft Dynamics partners, and the largest LS Retail distributor worldwide, with retail customers such as Carpetright, Alliance Boots and Adidas in over 30 countries.  The Group therefore views this development very positively and believes that Microsoft's continued investment in positioning itself as the global brand leader for mid-range business software brings additional opportunities and benefits to K3.

Andy Makeham, CEO of K3, commented,

'This is excellent news for K3 and we welcome Microsoft's latest move in the mid-range retail marketplace.  Our retail software division, which is built on LS Retail's Microsoft-based products, has achieved very strong sales growth over the last five years and Microsoft's investment in LS Retail's Dynamics AX solution should support our growth ambitions going forward.'

Enquiries:

K3	Andy Makeham, Chief Executive	T: 0161 876 4498
	David Bolton, Chief Finance Officer
Biddicks	Katie Tzouliadis/Sophie Lane	T: 020 7448 1000

About K3

K3 has over 1500 customers worldwide and focuses on the delivery of supply chain solutions to the retail, distribution and manufacturing sectors.

 

END

 

 

NRAUUABRKNRKUAR