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Smart Software Signs Agreement with Tokyo-based NTT Data Business Consulting

Subsidiary of Japanese Giant to Resell and Support SmartForecasts

Belmont, Mass., June 22, 2009 -- Smart Software, Inc., provider of industry-leading demand forecasting, planning, and inventory optimization solutions, today announced a reseller agreement with Tokyo-based NTT Data Business Consulting (NDBC). As an authorized reseller, NDBC will resell Smart Software's flagship product, SmartForecasts®, in Japan, and also provide first-level customer support, product training, and consulting services to its clients.

NDBC is a wholly-owned subsidiary of NTT DATA, the US$11.9 billion systems integration company of Nippon Telegraph and Telephone (NTT) Group. NDBC provides comprehensive business consulting and software solutions to clients in a variety of manufacturing and distribution industries. It will offer SmartForecasts, a leading demand forecasting, planning, and inventory optimization solution, as an important element in its sales and operations planning (S&OP) practice.

"NDBC is an important addition to our Japanese marketing strategy because it will not only be able to successfully sell SmartForecasts, but also deliver excellent post-sales training and customer support," said Charles Smart, president and CEO of Smart Software. "SmartForecasts has all the forecasting and planning capabilities NDBC will need to deliver a robust S&OP solution, and with their extensive industry experience, the company's consultants will be able to provide a significant value to their supply chain planning clients."

"We've been looking for an excellent forecasting and planning software solution to add value to our S&OP practice, and SmartForecasts will provide us with the necessary tools to offer a comprehensive solution for our clients," said Kazumichi Taniguchi, president and CEO of NDBC. "We look forward to building a strong relationship with Smart Software that helps both organizations grow their businesses and increase their market share in Japan."

SmartForecasts is a cross-industry solution for demand forecasting, planning, and inventory optimization. It integrates easily with host databases, such as Oracle, Microsoft SQL Server, and IBM DB2, as well as ERP and SCM systems like SAP, Sage, Microsoft and Epicor. SmartForecasts contains award-winning, patented technology for forecasting hard-to-forecast items with intermittent, or "slow-moving", demand. This unique technology, which yields nearly 100 percent accurate estimates of safety stock and inventory requirements, is being used by scores of companies with service/spare parts operations, as well as industrial tools and other capital goods manufacturers.

About Smart Software, Inc.
Founded in 1984, Smart Software, Inc. is a leader in providing businesses with enterprise-wide demand forecasting, planning and inventory optimization solutions. Smart Software's flagship product, SmartForecasts, has thousands of users worldwide, including customers at mid-market enterprises and Fortune 1000 companies, such as Abbott Laboratories, Mitsubishi, Siemens, Disney, Nikon, GE and The Coca-Cola Company. SmartForecasts gives demand planners the tools to handle sales seasonality, promotions, new and aging products, multi-dimensional hierarchies, and intermittently demanded service parts and capital goods items. It also provides inventory managers with accurate estimates of the minimum inventory and safety stock required to meet future orders, thereby ensuring the most cost-effective inventory allocation to achieve desired service levels. Smart Software is headquartered in Belmont, Massachusetts and can be found on the World Wide Web at www.smartcorp.com .

SmartForecasts is a registered trademark of Smart Software, Inc. All other trademarks are the property of their respective owners.


For more information, please contact Smart Software, Inc., Four Hill Road, Belmont, MA 02478. Phone: 1-800-SMART-99 (800-762-7899); FAX: 1-617-489-2748; E-mail: info@smartcorp.com

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Events

Institute of Business Forecasting: Demand Planning & Forecasting Tutorial
August 16-17, 2010
Cambridge, MA

I/E Group - Sales & Operations Planning Innovation
September 9-10, 2010
Boston, MA




Media Contacts:
Gregory Hartunian
Smart Software, Inc. gregoryh@smartcorp.com
Tel: 617-489-2743

John Comando
NeedhamGroup johnc@needhamgroup.com
Tel: 781-559-8061

   
   
   
   

   
   
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