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Philly-Based Prescient Honored by Consumer Goods Technology
WEST CHESTER, Pa.-(Business Wire)-January 28, 2008 - Prescient Applied Intelligence, Inc. (OTCBB:PPID) today announced it was recognized for the fifth consecutive year in Consumer Goods Technology (CGT) magazine's annual ranking of leading supply chain planning solutions. Prescient is a leading provider of supply chain and advanced commerce solutions for retailers and suppliers.
This year, over 150 consumer products executives were asked to identify and rank the technology vendors they currently use, and rank their customer experience using each. Winners were determined by a combined score of votes weighed against the customer experience ratings.
"We are proud to be included on the Top-10 Supply Chain Planning Providers list for the fifth consecutive year," said Jane Hoffer, CEO and president of Prescient. "We provide top-notch solutions to help improve performance at the store shelf, and we consider this award a vote of confidence from the industry."
Prescient's solutions provide visibility into consumer demand at the point of sale and drive the flow of goods, with the ultimate goal of keeping product well-stocked on the shelves. The company's client roster includes the nation's six largest bakeries, four of the six largest dairies, and nine of the top-ten groceries.
The survey citing Prescient's recognition is featured in the January 2008 issue of Consumer Goods Technology.
About Prescient Applied Intelligence:
Prescient, founded in 1985 (OTCBB:PPID), is a leading provider of supply chain and advanced commerce solutions for retailers and suppliers. Prescient's solutions capture information at the point of sale, provide greater visibility into real-time demand and turn data into actionable information across the entire supply chain. As a result, the company's products and services enable trading partners to compete effectively, increase profitability and excel in today's retail business climate. Household brand names like Ahold, Coors, Domino's Pizza, Meijer, Rite Aid, Sara Lee, Schwan's, SUPERVALU, and Wyeth rely on Prescient. For more information, go to www.prescient.com.
Forward-Looking Statement:
Any statements contained in this document that are not historical facts are forward-looking statements as defined in the U.S. Private Securities Litigation Reform Act of 1995. Words such as "anticipate," "believe," "estimate," "expect," "forecast," "if," "intend," "may," "plan," "project," "predict," "should" and "will" and similar expressions as they relate to Prescient Applied Intelligence, Inc. are intended to identify such forward-looking statements. Prescient may from time to time update these publicly announced projections, but it is not obligated to do so. Any projections of future results of operations should not be construed in any manner as a guarantee that such results will in fact occur. These projections are subject to change and could differ materially from final reported results. For a discussion of such risks and uncertainties, see "Risk Factors" in Prescient's report on Form 10-KSB filed with the Securities and Exchange Commission and its other filings under the Securities Exchange Act of 1934, as amended. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the dates on which they are made.
