Trey Resources Closes X3 Software Transaction

September 30th, 2010 by simran Leave a reply »

Trey Resources, Inc. /quotes/comstock/11k!tyri.a (TYRIA 0.00, +0.00, +100.00%) announced today that its subsidiary, SWK Technologies, has closed a sale of Sage Software’s ERP X3, Sage’s flagship global ERP solution for enterprise level organizations in the mid-market. The client is an international wholesaler of pharmaceutical products with offices in 6 countries around the world.

Mark Meller, CEO of Trey Resources, stated, “SWK has made a substantial investment in becoming a business partner for Sage ERP X3. The investment has begun to pay off, as our business activity surrounding X3 is increasing at a very rapid rate. Not only have we seen great demand in the marketplace, but our sales and consulting teams have been meeting with prospects and current clients to spread the word about X3. Our sales pipeline for X3 related transactions exceeds $2 million, and is growing.”

Jeffrey D. Roth, CEO of SWK, added, “This sale is part of the validation of the strategy we announced in February to increase SWK’s presence throughout the Northeast by selling Sage ERP X3 and providing related services to clients. We expect to be able to make a series of announcements about additional X3 sales in the very near future.”

Source:http://www.marketwatch.com/story/trey-resources-closes-x3-software-transaction-2010-09-30?reflink=MW_news_stmp

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