Eqos Opens Office in Hong Kong
Asian Presence Designed to Provide Local Support to Retail Customers
Burlington, Mass, US & London, UK- Feb 28, 2007 - Eqos, Inc. (www.eqos.com), a leading provider of on-demand global sourcing and supplier management solutions for the retail supply chain, today announced the opening of its Hong Kong office. This latest investment signals the company's commitment to more fully supporting customers' sourcing operations in Asia.
"Eqos brings a broad range of experience working in Hong Kong, along with a keen understanding of the region's culture, as well as business and political climates," said Chris Foulkes, Eqos' chief product officer, who heads up the company's Hong Kong operations. "As a result, Eqos is ideally positioned to capitalize on the opportunities presented by the expanding retail community in China. Our product is proving itself in China every day. Now we have the infrastructure in place to continue to build upon the successes of our company, technology and customers."
Eqos' global expansion comes as more retailers establish sourcing offices and strengthen relationships with agents and strategic suppliers throughout Asia. The company's Hong Kong office provides retailers and their trading partners with Mandarin, Chinese and English language support, along with support across numerous time zones and geographical regions. Today Eqos supports customers and users in more than 40 countries worldwide, with more than 4,000 users in China alone. On a global basis, the company manages more than 5,000 transactions a day and 100,000 user logins a month, supporting the management of nearly $20 billion worth of inventory annually.
Eqos enables retailers to work collaboratively with suppliers to simplify, standardize and scale the processes associated with sourcing private label merchandise, from initial product concept, through production and delivery to distribution centers. In addition to software support, the company offers hosting support, user community management and applications management services.
The address for Eqos' Hong Kong office is:
Eqos (HK)
Unit A, 20th Floor, Info Tech Centre
21 Hung To Road
Kwun Tong
Kowloon
Hong Kong
Phone: +852 3622 5060
Email contact: chris.foulkes@eqos.com
About Eqos
Eqos is a leading provider of on-demand global sourcing and supplier management solutions for the retail supply chain. Founded in 1997, the company has offices in the U.S., U.K. and Hong Kong. Eqos' solutions streamline processes associated with private label merchandise strategies from product concept through production and ultimate delivery to the retailer. Eqos' solutions leverage its SOA (Services Oriented Architecture) along with retailer legacy enterprise and supply chain applications to build forward thinking cross-enterprise processes that promote collaboration between retailers, their suppliers, buying offices and other trading partners. Today, Eqos' on-demand solutions are used by major retailers such as Best Buy, Debenhams, Sainsbury's, Tesco and Virgin Megastores. More information can be found at www.eqos.com
For further information, please contact:
Michelle Perkins , DPR Group Inc, USA
Tel: +1 919 678 9200
E-mail: mperkins@dprgroup.com
Paul van de Braak , Effective Communications, Europe
Tel: +31 299 656404
E-mail: effective-communications@planet.nl
