15 and
$0.08 per diluted share. We are working aggressively to return the
women's mass merchant
business to acceptable levels of profitability
and performance. CAPE Systems offers a comprehensive
range of
software systems and tools, from packaging and pallet optimization
software, to integrated
warehouse and inventory management solutions,
pick-to-light systems, and transportation management
systems for
enterprise wide and collaborative supply chain optimization. The Company's recent
acquisition
history, progress toward completing the integration of its
acquisitions, history of operating losses
, current expense levels
compared with its sales, and the state of development of its product
portfolio
, coupled with the overall economic and competitive operating
environments pose a number of risks
investors should take into
consideration in connection with assessing our financial and operating
results.
end categories
B. A live webcast of the conference call will also be
broadcast at: www. designs, manufactures
and markets
fashion accessories for men, women and children. Merchandise is sold under various national
brand names as
well as private labels to all major levels of retail distribution,
including the
ROLFS e-commerce web site at www., a
provider of software technology for supply chain execution and
order
fulfillment, today announced that its enterprise software division,
Cape Systems, Inc.
About CAPE Systems
CAPE Systems is an international provider of supply chain
management
technologies.geared instruction
The
net loss relates to softer than expected results during March,
particularly
in the company's women's mass merchant accessory
business, increased selling, general and administrative
expenses, and
higher than anticipated return experience related to the ETON gift
accessory business
.
teaching sporting
The company expects to report
a per share net loss for the third quarter ranging between $0.viavid
. Key product
categories include belts, wallets, handbags, suspenders, socks,
scarves, neckwear
, gifts, sporting goods, and cold weather and hair
accessories.Century Distribution Services Orders
System Upgrade from CAPE Systems
Towards the end of each
fiscal quarter, Vertex Interactive will
have a 'Quiet Period' when
Vertex Interactive and its representatives will not comment concerning
previously published financial expectations, and we disclaim any
obligation to update during the
Quiet Period.goods annual
J.annual seminars
Consumer
demand toward the end of the quarter was affected by adverse weather
conditions
in many parts of the country.----CAPE Systems
Group, Inc.sales owners
05 to $0. Forward-looking statements involve
known and unknown risks and
uncertainties, which may cause the Company's actual results in future
periods to differ materially from forecasted or expected results.toward end
20 per diluted share, compared to
its previous third quarter 2005
earnings per share guidance of $0. The dial-in number for the call
is
(913) 981-4911. (OTCBB:CYSG), formerly Vertex Interactive, Inc.side martialtalk
We believe that the issues impacting
our women's business in the third quarter will carry over into the
fourth quarter. While the level
of returns in our gift
accessories business was higher than expected in the third quarter,
the
financial performance of ETON remains strong and above our
internal plan."
The Company is scheduled
to release its third quarter 2005
financial results on April 22, 2005, and will hold a conference
call
that same day at 10:00 a. Persons interested in Century Distribution Service's third
party
fulfillment services should call Bob Pulliam at 405-426-4197.
Investors should not expect that these
forward-looking statements will
be updated or supplemented as a result of changing circumstances
or
otherwise, and Vertex Interactive disavows and disclaims any
obligation to do so.discussing owner
We believe
that our initiatives, while still being
finalized, will properly address the issues impacting this
segment of
our business.
Bob Pulliam, Executive Vice-President for Century Distribution
Services
, commented, "We are extremely pleased to continue our
partnership with Cape Systems. Their ability
to move their systems to our new Windows XP
enterprise software seamlessly makes them our vendor
of choice in this
area.martialtalk seminars
J.geared martialtalk
Tandy Brands Accessories Announces Preliminary Third Quarter 2005 Results
"
Mr.
Tandy Brands Accessories, Inc.instruction consumer
rolfs."
Nicholas Toms, CEO of Vertex, commented
, "We are extremely pleased
by the confidence Century has once again shown in us with this order
for
the Windows XP release of our advanced PicRite(TM) Pick-to-Light
system".seminars busines
We look forward to further
discussing our planned
initiatives, as well as our guidance for the fourth quarter, during
our
scheduled third quarter conference call. Their proven pick-to-light systems are
mission critical
to scaling our operations to meet our growing
revenues.
About Century Distribution Services
Century Distribution Services provides third party fulfillment
services for a variety of customers
, including Century Martial Art
Supply and Century Sporting Goods.running martialtalk
Jenkins, President and Chief Executive
Officer,
commented, "We are clearly disappointed with our recent results and
near-term outlook
, which have not met our expectations.associations running
owner goods
net
Safe Harbor Language
Except for historical information
contained herein, the statements
in this release are forward-looking and made pursuant to the safe
harbor provisions of the Private Securities Litigation Reform Act of
1995.
owners instruction
ET.discussing martialtalk
Business Editors
ARLINGTON, Texas----Tandy Brands
Accessories, Inc. S. Our men's business
, which already benefits from some of
the improvements that need to be made to our women's group,
continues
to exceed our expectations. has received a new order from Century Distribution
Services
, LLC to install the Company's Windows XP upgrade of
PicRite(TM), its advanced pick-to-light system
. A more detailed discussion of these and other important risk
factors can be found in the documents
filed with the Securities and
Exchange Commission on forms 10-K and 10-QSB. The public should not
rely on previously published expectations during the Quiet Period.end owner
Those risks include, among
other things, the competitive environment
in the industry in general and in the Company's specific
market areas,
inflation, changes in costs of goods and services and economic
conditions in general
and in the Company's specific market area. Those
and other risks are more fully described in the
Company's filings with
the Securities and Exchange Commission.
Business Editors/High-Tech
Writers
SOUTH PLAINFIELD, N.
Safe Harbor
Certain statements contained herein may
be forward-looking in
nature and are therefore subject to risks and uncertainties that could
cause
actual results to differ materially.profressionals super
(Nasdaq NM:TBAC) today announced preliminary
financial results
for the third quarter ended March 31, 2005.m. Century
Distribution Services operates out of a 500
,000 square foot facility
including state of the art distribution capacity and a 50 person Call
Center
. This can include marketing, consulting, or other programs for school or organization owners and related
categories to businesses catering to the Martial Arts industry.
toward annual
Total revenues for the third quarter
are expected to be
approximately $44 million, which is in line with the company's
previous outlook
of $43 to $46 million.net
About Tandy Brands Accessories, Inc. The Century companies are
recognized
as the largest supplier of martial arts products in the
world and as a leader in 'total fitness'
products.busines teaching
The reductions in traffic
during the Easter shopping season and competitive retail pressures
,
created a challenging market environment, particularly in the women's
mass merchant business
segment. For those who are unable to listen to the live
broadcast, an audio replay of the call will
be available through
Friday, April 29, 2005, and can be accessed by dialing (719) 457-0820,
passcode
#5497798.Martial Arts business services and resources that help in the business end of running a school
, organization or other martial art busines.
super instruction
Jenkins concluded, "We continue to believe strongly in our
market opportunities.
sporting side
sporting side
A community sponsored library.
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