VeriSign, TrueDemand Team

TrueDemand will integrate and provide forecasting and replenishment applications with real-time data from VeriSign's ISCS platform

January 25, 2006

2 Min Read

LOS GATOS, Calif. -- TrueDemand Software, Inc., a pioneer in the development of RFID-enabled enterprise applications, today announced a strategic relationship with VeriSign, the leading provider of intelligent infrastructure services for the Internet and telecommunications networks. Through the relationship, TrueDemand will integrate and provide forecasting and replenishment applications with real-time data from VeriSign's Intelligent Supply Chain Services platform. The combined solution will enable retailers and consumer goods companies to minimize out-of-stocks, improve new product introductions and promotions and optimize their replenishment processes.

"TrueDemand is an emerging leader with a unique vision for forecasting and replenishment applications that utilize real-time demand information across global supply networks," said Jeff Richards, vice president of VeriSign Intelligent Supply Chain Services. "With the emergence of data from RFID technology and improved access to existing data, such as point-of-sale (POS), capturing and managing this information across supply networks becomes paramount. TrueDemand's use of the VeriSign platform demonstrates our commitment to working with leading application providers to deliver expanded functionality to their retail and consumer products manufacturing customers."

TrueDemand will integrate RFID product movement data and POS data into its applications. The combined solution will enable customers to manage information emerging from ongoing RFID deployments throughout the supply chain.

"We are looking forward to developing a lasting relationship with VeriSign," said Raymond Blanchard, vice president of business development, TrueDemand. "VeriSign's proven platform for retail data management, combined with their security expertise and experience in RFID and EPC make them an ideal partner for us. Working together, we will provide solutions that ensure that joint customers will be able to gain significant value from existing retail data, like POS, and build a foundation for value from emerging product movement data from RFID."

VeriSign Inc. (Nasdaq: VRSN)

TrueDemand Software Inc.

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