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Acorn Systems and TECSYS Announce Partnership

TECSYS EliteSeries to Utilize Acorn EPS Software to Improve Client Profitability

Wayne, PA — October 10, 2001 — Acorn Systems, providers of Enterprise Profit Optimization software, and TECSYS INC., a world-class distribution management solutions provider, announced today a partnership to provide cost-effective profit management data solutions to present and future clients.

"We are enthusiastic about our new alliance with TECSYS," said Steve Anderson, Chairman of Acorn Systems. "TECSYS is aligned perfectly with our vision of helping companies utilize profit information to make better decisions. In today's economic environment, companies require reliable, accurate and timely information on their business to accelerate key decisions. By working together, Acorn and TECSYS can help our respective clients analyze, optimize, and predict profitability across their organizations."

Acorn's Enterprise Profit System (EPS) delivers a solid analysis and execution model for profit management and provides distributors with the ability to analyze, detect and resolve operating issues to make any part of their business more profitable.

"Profitability is a major focus in today's competitive and turbulent economic times, particularly to high volume distributors," said Robert Colosino, Vice President, Alliances and Technology Strategy of TECSYS. "The addition of Acorn Systems' Profit Solutions to the TECSYS EliteSeries suite of distribution applications provides our customers with the strategic tools they need to diagnose their business process and implement proven methods to achieve profitability."

According to Colosino, TECSYS' EliteSeries software solutions span the office to the shipping dock and beyond. EliteSeries modules include Distribution Management, Warehouse Management, Transportation Management, E-Commerce and Business Intelligence.

Colosino added that Acorn's high-end tools enable TECSYS to better target major accounts and open up cross selling opportunities with Acorn customers and prospects.

About Acorn Systems, Inc.
Founded in 1996, Acorn Systems is the leader in profit management and optimization solutions. Acorn Systems helps clients measure, analyze, predict, and then optimize Net Operating Profits at any level of granularity desired including products, vendors, customers, even individual orders, in order to maximize shareholder value. Acorn’s clients come from many industries including Metals, Foods, Electronics, Paper, Healthcare, Industrials, Chemicals, and others. For more information, visit www.acornsys.com, or call 1-800-98ACORN.

About Tecsys
TECSYS is a world-class distribution management solutions provider. TECSYS' EliteSeries software solutions span the office to the shipping dock and beyond. EliteSeries modules include Distribution Management, Warehouse Management, Transportation Management, B2B e-Commerce, and Business Intelligence. The company's customers feature over 400 mid-sized and Fortune 1000 corporations in health care, food service, telecommunications, industrial supplies, aftermarket parts distribution, commercial equipment, office/stationery supplies, furniture/home furnishings, veterinarian supplies, consumer goods industry sectors and other vertical markets. Representative customers are comprised of companies such as Sanyo Fisher, Shoppers Drug Mart, Colgate-Palmolive, Corus LLP, Glaxo-Wellcome, Pitney Bowes, Pfizer, United Distillers, USBuild.com, Uni-Sélect, Tana/Kiwi Brands, Testmart.com and Cord Logistics a Division of Cardinal Health. TECSYS Inc. shares are listed on The Toronto Stock Exchange under the ticker symbol TCS.
    • Using Acorns software made us realize that there are opportunities not only with the unprofitable customers, but with profitable customers
    • as well.
    • Ed Gaio, CFO
      Pioneer-Standard Electronics
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    Disclaimer: Acorn Systems has no connection or affiliation whatsoever with the political action group in the news, Association of Community Organizations for Reform Now, or "ACORN".