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Progressive Solutions closes fiscal year with record sales
 LBM Dealers continue to see advantages in converting to bisTrack™

 


VANCOUVER, B.C., Canada, June 11, 2008.

Progressive Solutions Inc., of Richmond, BC, Canada announces today that the company posted record sales for its fiscal year ending March 31st.

Len Williams, President & CEO, comments, “Despite market slowdowns in the building materials and wood products industries, we continue to see interest in our software products because it satisfies two major concerns our customers have: how to gain a competitive edge and how to maximize their return on investment into the future.

“Our bisTrack™ software helps dealers and distributors remain competitive in tough times, by giving them data with which to make insightful decisions, trim costs, operate more efficiently, and improve margins. No other software package has the range of modern analytical and corrective capabilities that bisTrack does,” said Williams. “And bisTrack is best-in-class software on a platform with a tremendous amount of head-room for future enhancement.

“Lumber Track™ continues strong growth in the all wood products industry sectors: hardwood, softwood lumber and panel products. With over 20% of the nation’s hardwood, 30% of softwood and 50% of OSB being processed using Lumber Track, it is clearly the industry’s most preferred solution in the marketplace today.”

“Progressive Solutions spends considerably more on advancing and enhancing its software than any other software vendor in the industry. Companies with the foresight to plan and budget for a software upgrade during the downturn have turned to us as the platform on which their operations will grow and prosper when the market turns around,” he continues.

  Highlights of Progressive Solutions’ annual performance:

Continued profitable growth.

Committed in maintaining high percentage of revenue allocated to Product Development.

Increasing number of large customers including:

 

     • Ridgeons Timber and Builders Merchants — 500 users.

 

     • Hancock Lumber, Manning Building Supplies and Viking — all ProSales 100 pro-dealers.

Strengthened team with highly experienced implementers, trainers and project managers.

Honored as one of Canada’s Top 100 Employers for 4th consecutive year.