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Aries Global Logistics to Partner With Four Soft for US Customs (Import) Portion of the Global Customs Framework 4S eCustoms

July 7, 2010

NEW YORK, July 7, 2010 /PRNewswire-FirstCall/ — Four Soft (4S) (NSE:
“FOURSOFT”, BSE: 532521), a global leader offering software solutions for
Logistics and Transportation industry is pleased to announce that it has won
a deal from Aries Global Logistics, one of the leading US based Freight
forwarding and customs brokerage company to implement its Global Freight
forwarding application 4S eTrans and partner in developing 4S eCustoms for US
Imports and several other import related modules. The contract has been
executed through Four Soft USA Inc a subsidiary of Four Soft Limited, India.
Aries Global Logistics is an existing customer of Four Soft.

Aries Global Logistics founded in 1985 is a US based International
Freight Forwarder, Customs Broker and Third Party Logistics provider. With
Strategic partners on 6 continents and in 72 countries Aries has emerged as
one of the most dynamic private forwarding and transportation companies in
the USA. For the past 25 years Aries has been providing competitive pricing
and excellent services to its customers.

4S eCustoms is the first integrated global solution for Customs
compliance integrating multiple country customs brokerage into one framework.
It is expected to revolutionize the way global companies do business as
customs brokers in multiple countries and bring major productivity gains on a
standardized platform. However regional players can still opt for only one
module like US customs. With the addition of US imports 4S will be the
largest licensed software provider for Customs compliance with a significant
percentage of world transactions being processed through 4S systems.

Frank D’Ambra, President, Aries Global Logistics, commented,” Four Soft
has been our strategic IT partner for several years. We have implemented 4S
Visilog successfully to provide global visibility to our customers. With more
confidence in 4S systems we now move forward to enhance our systems
capabilities across all our business lines with the new Web Centric
technologies that our partner has to offer. We’re confident that these
implementations will validate opportunities to optimize our operations,
improve services and smoothly address the needs of our Global customers.”

Rajshekhar Roy, CEO, Four Soft Limited,said,”Four Soft’s Global Customs
compliance solution 4s eCustoms already caters to the complete customs
requirements of BENELUX countries & In-transit Customs in Europe, India in
Asia Pacific, Canada (CCB Import and ACI Manifest) and US exports in North
America
. US Customs will be integrated into 4s eCustoms to enhance the
application’s global reach in compliance space for third Party Logistics
providers. Our future plans are to extend the Customs compliance capability
for Middle East, Latin American countries and entire European Union. We
already handle over 25% of customs transactions in the US with our legacy
applications and this move demonstrates our commitment to provide continuous
value to our existing customer base in North America. Our coverage of the
marketshare will increase to 65% upon the completion of this development”

Tim Sensenig, EVP – Global Business Development & Sales, said, “Four Soft
systems help its customers move more than 20% of the Global Freight volumes.
As on today, 17 of the top 25 freight forwarders in the world use Four Soft
solutions.We offer a great deal of differentiated products with the
flexibility of customization. 4SeCustoms, is a multi faceted web-centric
application that achieves customs brokerage requirements of countries in US,
EU & APAC so far. We are continuously evolving our e-applications to
demystify the logistics management; we feel our long standing partnership
with Aries will allow us to implement a global process while retaining
flexibility to allow for regional and process variations.”

4S eCustoms is an anytime, anywhere global customs compliance solution,
with plug and play modules for different countries, designed to work in a
multicultural, multilingual environment, as one package with interface
capabilities with all Four Soft enterprise products and other standard ERP
applications. 4S eCustoms exemplifies 4S’s value chain integration
proposition, with seamless integration possibilities with multiple ERP
applications. With native browser access and a generic third party interface,
4S eCustoms is a highly interactive and cost effective solution for the
International Freight Forwarding and Customs Brokerage community.

4S eTrans is Four Soft’s web centric Freight Management System capable of
handling Air, Sea, Road and multi modal transport management services. Built
on J2EE platform with a native browser interface, 4S eTrans is designed to
provide the modern day logistics operators with operational and financial
control over their day to day, order to cash process of the domestic and
international freight movements. Equipped with an integrated freight
accounting module and interface capabilities with external accounting
systems, 4S eTrans provides a scalable and flexible Freight Management
solution.

About Four Soft Limited

Four Soft is a public listed and CMMI level 3 certified company which
provides innovative software solutions, IT consultancy and BPO services
exclusively for the logistics and supply-chain management market place. It is
the market leader in the Logistics & Transportation segment with a large
international client base including the majority of the top logistics &
transportation companies in the world. With regional offices strategically
located worldwide, it supports customers including DHL, Schenker, Agility,
UTI and Geodis Wilson. Additional information about Four Soft is available at
http://www.four-soft.com .

Four Soft offers a full suite of web-native products across the logistics
supply chain. This includes 4S eTrans(R) for freight forwarding and
logistics, 4S eLog(R) for extended warehouse management, 4S Visilog(R) & 4S
VisiLog plus(R) for track & trace, visibility and supply-chain management, 4S
eCustoms(R) for customs brokerage, 4S iShipping(R) for shipping line
execution, 4S eConnect(R) for business-to-business connectivity and 4S
Infotips for informed decision making.

    For more information please contact:

    Tim Sensenig
    EVP - Global Business Development & Sales
    Four Soft USA Inc
    Mobile: +1-919-623-1000
    Direct: +1-919-844-7724
    Email: tim.sensenig@four-soft.com
    Corporate/Americas
    150 Motor Parkway, Suite 302, Hauppauge, NY - 11788

SOURCE Four Soft Limited


Source: newswire



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