NEWS

WIRES

OTHER

Agentrics Names Wellington Machado as New CEO

"Wellington's experience as CEO of NeoGrid along with his intimate understanding of Agentrics' products, customers and operations, and the global retail marketplace, will no doubt be of great benefit to the company and its customers," said Miguel Abuhab, principal shareholder of MAP. "Throughout his career, and most recently during his time with NeoGrid, Wellington has helped some of the world's top brands streamline complex global supply chains and forge closer, more collaborative trading relationships. His experience will be an invaluable asset as Agentrics continues pursuing its goal of improving the way the world trades."

Under Machado's leadership, Agentrics will continue enhancing its core service offerings, which include Spend Management and Contracts (SMC), Supply Chain Synchronization (SCS), Product Lifecycle Management (PLM) and Integration, Communication and Collaboration (ICC). Drawing on his experience as head of NeoGrid and his expertise in supply chain management, Machado also will play a vital role in refining the company's SCS offering and fostering new innovations to create closer, more effective trading partner collaboration.

During the past year, Agentrics has undertaken a large-scale effort to augment its core services, an initiative made possible in large part through its relationship with MAP. Two products in particular, SMC and PLM, have been the focus of significant improvements that deliver dramatic cost savings, increased sales and substantially faster speed to market for new products. Agentrics Spend Management and Contracts enables clients to maximize process efficiencies by informing more effective sourcing strategies based on automated spend analyses and providing an all-in-one contract management framework. Agentrics PLM is designed to meet the rigorous requirements of a fast-moving retail organization by supporting more effective collaboration throughout the product development process, ensuring compliance, and providing companies with greater control over their private label products.

Agentrics is increasingly recognized as a leader in PLM, where it has helped top global brands like Marks & Spencer, ASDA - Wal-Mart and Safeway plan, execute and manage extensive private label programs. This depth of experience enables the company to develop new best practices in retail trading and help customers continually improve operational performance by delivering improved solutions on an ongoing basis.

"Agentrics is a strong company with a long history of successfully serving some of the world's largest retailers. That success is a tribute to the dedicated employees whose expertise is at the very heart of the enterprise," said Machado. "I'm looking forward to working closely with them to explore new opportunities to grow our business, strengthen our services and help our clients enjoy the benefits of smarter, faster and more responsive supply chains."

Machado served in a variety of roles at NeoGrid prior to being named CEO in 2006, including Sales Director and head of International Business Development. Prior to NeoGrid, he was an International Project Manager with Noble Systems Corporation and an analyst and support manager for Datasul. He holds a Master of Business and Administration from Universidade do Estado de Santa Catarina, Escola Superior de Administração e Gerência. In addition, he has post-graduation degrees in global management from UDESC - Universidade do Estado de Santa Catarina and marketing from Fundação Getúlio Vargas. Machado holds a Masters of Business and Administration from Santa Catarina - Brazil's top school of management and administration.

About Agentrics

A trusted agent for the global retail and consumer goods industry, Agentrics helps retailers and their trading partners enhance profitability, on-shelf availability and customer satisfaction. Agentrics offers solutions for sourcing, collaboration, forecasting, data synchronization, point-of-sale data sharing and private label product management. Agentrics customers include more than half of the world's top 25 retailers, which account for more than $1.2 trillion in consumer spending. Since 2000, Agentrics has helped customers save more than $6 billion in costs through its sourcing services.

Agentrics customers include Aeon, Ahold USA, Alcampo, Auchan, Best Buy, Canadian Tire, Carrefour, Casino, Coles Group, Coop Italia, Coop Switzerland, CVS/pharmacy, Dairy Farm, Dansk Supermarked Gruppen, Delhaize Group, Diageo, El Corte Ingles, Food Lion, GlaxoSmithKline, Izumiya, KarstadtQuelle, Kesa, Kesko Food Ltd., Kingfisher, Kroger, Lotte, Makro Asia, Manor, Marks & Spencer, Metro Group, Migros, Panasonic, REWE Group, Royal Ahold, Safeway, Sainsbury's, SCA Hygiene Products, Tesco and Walgreens.

About MAP

M. Abuhab Participações (MAP) is a Brazilian holding company led by Miguel Abuhab, a visionary entrepreneur with more than 30 years of experience in information technology and business development. MAP holdings include two Brazil-based firms: NeoGrid (www.neogrid.com), one of the leading providers of demand and supply chain management solutions in Latin America, and Datasul (www.datasul.com), a publicly traded provider of enterprise resource planning (ERP) software and services that recently merged with TOTVS (www.totvs.com), the leading ERP firm in Brazil and one of the world's top 10 ERP providers.

Agentrics is a trademark of Agentrics LLC. All other trademarks are the property of their respective owners.

Adam Pratt
Stanton Communications
o. +1-202-223-4933
m. +1-301-788-8985
apratt@stantoncomm.com