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| Raymark and Global Bay on the Cutting Edge of Mobile Inventory Management |
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South Plainfield, NJ, January 13, 2009 – Raymark Xpert Business Systems, Inc. (Raymark), a leading global provider of integrated retail software solutions, announced today a strategic partnership with the award-winning, New Jersey-based mobile enterprise solution provider, Global Bay Mobile Technologies, Inc. (Global Bay). Raymark will license Global Bay’s GBmobile Inventory Management Module to launch the next generation of their Pocket-Xpert product: Xpert-Mobile. Compatible with any Microsoft Windows (NYSE:MSFT) based handheld device including Motorola’s (NYSE:MOT) line of ruggedized hardware, the GBmobile Inventory Management Module performs specific functions including tracking and management of in-store inventory, receiving, stock adjustment and transfers, barcode scanning/real-time SKU look-ups, as well as inventory cycle counts. This powerful module will enable retailers to have instant visibility to in-store inventory while saving hours of store associate time currently spent on inefficient inventory management processes. As retailers seek ways to increase operational efficiencies, Raymark is at the forefront of providing innovative and customizable solutions to their customers. “We are excited to be collaborating with Global Bay – the integration of the GBmobile Inventory Management module will provide our customers enhanced handheld functionality and flexibility to support the way they choose to work,” states Claude Chriqui, Raymark’s CEO. “Global Bay recognizes that the future of retail is mobile. This is just one of several mobile retail solutions we offer. We are pleased to work with Raymark to provide their customers with a competitive advantage in the mobile inventory management space,” said Sandeep Bhanote, CEO of Global Bay. About Global Bay: Global Bay Mobile Technologies, Inc. has been a leader in mobile applications since 2002. The GBmobile Retail Suite offers a collection of mobile modules that enable routine store operations to be performed using mobile devices helping retailers increase store performance, receive greater ROI on current IT investments and deliver an exceptional customer experience. The company is privately-held and headquartered in South Plainfield, New Jersey, with a European office located in the United Kingdom and an office in Asia located in Japan.
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