TAKE Supply Chain Acquires EntComm Platform

Acquisition Solidifies TAKE's SaaS Platform-based Portfolio Expansion

Austin, TX - August 10, 2009 - TAKE Supply Chain (formerly ClearOrbit), announces the acquisition of the product division of privately-held, Gardena, CA-based, EntComm. In April, the two companies partnered to combine TAKE's supplier collaboration capabilities with EntComm's software as a service (SaaS) commerce platform. The acquisition solidifies TAKE's portfolio expansion of SaaS-based applications and leverages TAKE's global presence across North America, the Middle East and Asia Pacific to provide immediate access to EntComm's business process automation solutions.

EntComm's solutions streamline supply chain collaboration and extend lean processes for companies across oil and gas, aerospace and defense and manufacturing industries. Customers use EntComm's solutions to connect with thousands of their supply chain partners worldwide to procure goods and services. In the oil and gas industry, a community of over 20,000 suppliers use the EntComm platform to seamlessly conduct business online with their customers.

John Reece, president of TAKE Supply Chain, explained that initial plans focus on delivering a world-class enterprise collaboration solution. "Our clients have used TAKE Supply Chain's solutions to cut hundreds of millions of dollars from their manufacturing and supply chain costs," he said. "SaaS is beyond the tipping point. Companies are looking for software sold in a pay-as-you-go model that funds itself. The EntComm acquisition enables us to deliver the much sought-after value proposition that customers are seeking."

"SaaS is a top priority for the line-of-business buyer who wants technology process enhancements, greater user adoption, and a low-cost option," said Mickey North Rizza, research director at AMR Research. "TAKE Supply Chain has years of experience helping companies automate their supply networks. With EntComm powering the company's transformation to SaaS, I anticipate that this will be a company to watch in the future."

"EntComm has always focused on delivering world-class solutions that produce tangible results for industry leaders," said Sundaresh Ramayya, EntComm's president and CEO. "As customers continue to look for solutions that produce predictable business benefits across the globe, we believe that this partnership will deliver more for less. EntComm's customers benefit from the increased scalability that this acquisition brings to EntComm's R&D, product management and global delivery capabilities."

EntComm will become a unit within TAKE Supply Chain, a division of Chennai, India-based TAKE Solutions. EntComm's offshore operations will merge with TAKE Solutions' global delivery center, located in Chennai.