ITR Software Inc. announces new Allocation & Forecasting module additions to Buyer’s WorkMate® Suite

Voorhees, NJ – December 22, 2008 – ITR Software Inc is proud to announce the addition of two new modules to the company’s Buyer’s WorkMate Suite of application software for the retail industry.

“The introduction of these two significant capabilities complements the overall functionality of our best of breed software,” said Joe Apprendi, President of ITR Software. Apprendi further states that
“Buyer’s WorkMate Forecasting (BWF) and Buyer’s WorkMate Allocation (BWA) substantially increase the overall effectiveness of our toolset and are consistent with the company’s focus of delivering value priced solutions aimed at improving retailer’s margins through appropriate merchandise assortments.”

The new modules are fully integrated to the other components of the suite: SPIN Analytics, Assortment Planning and Purchasing.” Highlights of the modules include:

Buyer’s WorkMate Forecasting:

• Provides a means to forecast sales units for limited life items, also known as seasonal items
• Utilizes the decision tree method to forecast sales units for seasonal items
• Utilizes predictive variables to generate its forecast
• Provides flexibility to customize the forecasts to meet retailers specific requirements

Buyer’s WorkMate Forecasting Allocation:

• Provides a means to Allocate items from Purchase Orders or Back Stock
• Active Integration to the retailer’s performance data and Transaction Processing System
• Utilizes SPIN Analytics module for generating Allocation Tables
• Allocation can also be based upon Assortment Plans (if desired)
• “Real Time” data visibility during the allocation process to allow for refinement of system recommended allocations

ITR Software is a leading provider of collaborative Decision Support for the retail industry. With a reputation for innovative, quality products and services, ITR Software helps their customers achieve a significant and quantifiable return on investment through increased sales and margin productivity as a result of optimized product assortments in the store.

In addition to developing and implementing product solutions, ITR Software provides a set of comprehensive services. Included are Project Management, on-site and remote training as well as post-implementation support to ensure optimal utilization of the company’s products. For more information about this latest release please contact Richard Asselta at 856-309-2080 ext 309 or via email at rasselta@it-res.com.