Agentrics Rebrands as NeoGrid

Agentrics announced today it will officially take the name of its parent company"”NeoGrid"”effective immediately across all geographies in which it operates. The rebranding further integrates the strengths and synergies of the two companies, providing customers a global level of expertise and entry to a wider network of trading partners around the world.

The Brazil-based NeoGrid acquired Agentrics in September 2008 to strengthen worldwide leadership in providing strategic sourcing and supply chain management software solutions to retailers, manufacturers and their trading partners.

"We are very excited about our successes and growth since becoming part of NeoGrid," said Paulo Viola, NeoGrid Executive Director for North America, Europe and Asia. "This strategic move to rebrand allows us to not only better align ourselves internally but it also enhances our ability to serve customers through a combination of shared technologies, services and global market access."

With its leadership in technology and increased research and development funding, NeoGrid transformed traditional supply chain inventory tools into innovative collaborative-managed solutions. The new model helps partners manage the supply chain beyond the retail distribution center by bringing true collaboration to each stores´ shelves. It also provides deeper visibility into all aspects and key elements of the process from raw materials all the way up to consumer point-of-purchase, an approach that builds trusted relationships between partners. Now, NeoGrid is better able to deliver customers a fully integrated supply grid through their end-to-end next generation collaboration model, which simplifies the complexity of the supply chain.

To learn more about NeoGrid or any NeoGrid product or service, please visit www.neogrid.com.

About NeoGrid:

NeoGrid has been at the forefront of supply chain collaboration for more than a decade, helping companies balance inventory, minimize out-of-stocks, increase sales and find the right suppliers with which to partner. Beyond just software, NeoGrid delivers secure cloud-based solutions that are faster and easier to implement than traditional models "” empowering retailers, manufacturers and distributors to quickly gain visibility and take control across domestic and global supply chains. With over 600 people working in nine languages across 34 countries spanning five continents, NeoGrid supports some of the largest retailers and brands worldwide.