SPI Completes Acquisition of Direct Tech

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SPI and Direct Tech to create an unparalleled platform for delivering OmniChannel solutions for multi-channel retailers worldwide.

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The addition of Direct Tech’s product set to SPI extends our capabilities in merchandise and inventory planning to serve online retailers in today’s OmniChannel environment.

Software Paradigms International Group, LLC (SPI) announced the completion of its acquisition of Direct Tech, Inc. an industry leader in merchandise and inventory planning software and services for direct-to-consumer retailers for over 25 years.

“The addition of Direct Tech’s product set to SPI extends our capabilities in merchandise and inventory planning to serve online retailers in today’s OmniChannel environment. SPI’s objective is to provide complete solutions across the retail value chain for retailers worldwide, specifically for multi-channel environments, and the AllChannel™ Suite of products go a long way in achieving that goal.” - Sid Mookerji, SPI Global CEO

"We are excited to join the SPI suite of OmniChannel solutions. Their extensive experience in retail software and service solutions significantly increases the value we can bring to our clients. SPI’s current Merchandising Advantage product (for brick-and-mortar retailers) combined with Direct Tech’s strength in direct-to-consumer retail planning allows us to jointly provide an exceptional OmniChannel planning solution and expands our market opportunity with multi-channel retailers. We will also better serve our current clients by providing merchandising staff augmentation and project management for technology implementations.” - Craig Harding, Direct Tech President

Direct Tech is the seventh acquisition in SPI history, complementing SPI’s existing Buyer’s WorkMate® Merchandising Advantage product. This creates an unparalleled platform for delivering OmniChannel solutions for multi-channel retailers.

About Direct Tech: Direct Tech, Inc. provides merchandise planning, demand forecasting, and inventory optimization software and service solutions to the direct-to-consumer retail industry. Its AllChannel™ Suite of software applies state-of-the-art technology and its consultants provide expert service solutions to help merchandise and inventory planners optimize sales, profits and cash flow through improved planning and purchasing. For more than 25 years, Direct Tech has enabled some of the nation’s leading retail brands to grow their businesses. http://www.direct-tech.com

About SPI: Software Paradigms International Group, LLC (SPI), founded in 1994, is an award winning products and service provider for retailers around the world. SPI is headquartered in Atlanta, GA, with offices in Australia, Brazil, Canada, & Singapore, and development centers in India and Nepal.

SPI offers complete Retail IT solutions including custom application development, integration, maintenance, and analytics products. SPI’s technology and back office solutions leverage innovative approaches to improve profitability and productivity for their retail clients. http://www.spi.com

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Caroline Dunn
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