Softbrands

SoftBrands, Inc., provides software solutions for businesses in the manufacturing and hospitality industries worldwide. The company has approximately 5,000 customers in more than 100 countries actively using its products. SoftBrands is headquartered in Minneapolis with branch offices in Europe, India, Asia, Australia and Africa.
Company Overview
SoftBrands offers software, consulting, implementation, installation and ongoing support to manufacturers. The company has a strategic partnership with SAP, and its FourthShift Edition manufacturing software solutions extends SAP Business One enterprise software to small and midsized enterprises as well as divisions of larger enterprises.
SoftBrands also sells enterprise software to hotels and resorts, offering full-featured, Internet-native property management system (PMS) and central reservation system (CRS) products. In addition to offering solutions that help hotels manage their operations efficiently, the company develops tools to drive demand into hotels through improved central reservation systems, distribution capabilities, web booking engines and customer relationship management and sales force automation capabilities.
Other SoftBrands facts
* Approximately 5,000 customers worldwide
* Major operations in the U.S., Europe, India, China and Africa
* Common stock trades on the NYSE Alternext market under trading symbol SBN
* The company is an SAP Gold Partner
Products
SoftBrands Manufacturing
SoftBrands principal products for the manufacturing market include:
* FourthShift Edition for SAP Business One provides manufacturing functionality in key vertical segments within the process and make-to-stock sector with SAP’s Business One software solution.
* FourthShift is a comprehensive manufacturing management system designed to work with Microsoft operating systems (Windows NT/XT/2000) and is primarily offered with a SQL Server database engine.
* FourthShift Edition PPS is designed for discrete manufacturers in the European market.
* Evolution provides functionality and tools specifically suited to converter manufacturers.
SoftBrands Hospitality
SoftBrands principal products for the Hospitality marketing include property management systems and central reservation systems:
* Epitome is a full-featured property management system for multi-property hotel groups and chains built on the Microsoft .NET platform.
* Medallion is a property management system designed primarily for independent hotels.
* Core is a central reservation system that offers complete central reservations, channel management and call center management capabilities.
* Mosaik BI is a business intelligence offering that improves hoteliers’ ability to analyze and improve the performance of their hotels on both a property-by-property and cross-property basis.
* The company also sells, installs and supports third-party business applications in areas such as customer relationship management (CRM), spa and golf.
History
SoftBrands was founded in 1984 as Fourth Shift Corporation, which provided ERP systems to manufacturers. In 2001, the company was acquired by AremisSoft. Shortly after the acquisition, the SEC started investigating AremisSoft on allegations of fraud. Its management team resigned and AremisSoft filed for bankruptcy in 2002. SoftBrands emerged as an independent company and successfully raised capital to continue its operations. In 2005 SoftBrands registered its common stock and again became a public company. In August 2006, SoftBrands acquired Hotel Information Systems. As of its fiscal year ended September 30, 2008, the company had nearly $100 million in revenues.

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