2006 ARCHIVAL NEWS CONTENT

Creates one view into total company spend for all restaurant concepts

WESTBOROUGH, Mass. – Dec. 7 (SEND2PRESS NEWSWIRE) — Tibersoft, the leading provider of trading partner intelligence solutions for the foodservice industry, announced that Perkins Restaurants will rollout the Tibersoft IQ solution across all their 480 locations. The Restaurant Company, Operator and Franchisor of Perkins Restaurants, recently acquired Marie Callender’s Pie Shops, Inc. and will expand that already successful Tibersoft rollout thus creating one enterprise view into the total company’s spending and supplier contracts. In August the Restaurant company changed its name to Perkins and Marie Callender’s Inc.(“PMCI”).

PMCI chose Tibersoft because of the measurable ROI and ease of use as demonstrated at Marie Callender’s over the last year. The combined visibility to all procurement activities in less than 48 hours will help maximize operational efficiencies across their growing multi-concept organization.

PMCI Executive Vice President of Foodservice, James F. Barrasso explained that “the combined companies now represent $1.2 Billion in sales and over $300 million in procurement. The Tibersoft solution will allow us to understand our business better.”

Tibersoft CEO Keith Enstice attributes this decision as another vote of confidence in Tibersoft’s solid service to its clients. “We look forward to further enhancing our relationship with Perkins and Marie Callender’s Inc. as an operational strategic partner.”

About Perkins and Marie Callender’s Inc.
Perkins and Marie Callender’s Inc. is based in Memphis, TN. Perkins has 480 company-owned and franchised locations in 33 states and five provinces of Canada. The acquisition of Marie Callender’s was completed in May 2006. Marie Callender’s has 138 company owned and franchised restaurants in 10 states, primarily in West and Southwest.

About Tibersoft Corporation
Tibersoft acquires, manages and delivers timely, accurate product movement information between trading partners within the foodservice industry. Tibersoft also aids the contracting process with contract capture, contract compliance automation, and rebate tracking automation. This grows tighter and more transparent relationships between trading partners thus improving “Trading Partner Intelligence.”

Tibersoft’s data management and analytical services are helping leading operators including The Cheesecake Factory, Buffets, Inc., ARAMARK, Five Star, Marie Callender’s, Valley Services, Delaware North Corporation and dozens more to lower food costs and leverage their purchasing activity.

These same technology services are also making it possible for their Manufacturer clients to enjoy greater visibility into the sale of their products to key Operators through their Distributors. The quality and accuracy of this information enables the Manufacturers to optimize their sales, control trade spending and reduce contract compliance problems.

For more information, please visit www.tibersoft.com.

All trademarks acknowledged.

News issued by: Tibersoft Corporation

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Original Story ID: (2300) :: 2006-12-1207-005

Original Keywords: Tibersoft Corporation, Tibersoft IQ software, foodservice cost control, PMCI, James F. Barrasso, Keith Enstice, contract capture, contract compliance automation, and rebate tracking automation, data management and analytical services Tibersoft Corporation

News Source: Tibersoft Corporation