AVEE - Keeps On Growing

We brought AVEE to your attention last week.  Yesterday it released news that exbited its continued organic growth.  The stock price is severely undervalued at these levels.  Eventually the price will meet the value of the business, which is why the guru is pointing out AVEE now...  because it is nice to have a chance to get in before everyone else.

Yesterday's Press Release:

Three Retailer Owned Wholesale Companies Select Edict Systems as their Outsourced EDI Provider
--Services Provided Include Hosted Data Translation, Trading Partner Connectivity, and Supplier On-Boarding Services
DAYTON, Ohio, Oct 27, 2009 /PRNewswire-FirstCall via COMTEX/ -- Advant-e Corporation (OTC Bulletin Board: AVEE), through its wholly owned operating subsidiary Edict Systems, Inc. announced today that three retailer owned wholesale companies have selected Edict Systems as their outsourced Electronic Data Interchange (EDI) provider.

--  Associated Grocers Inc. in Baton Rouge, Louisiana - founded in 1950 and
        serves over 220 independent retailers in Louisiana, Mississippi, Texas
        and Alabama

David Politz, Sr. Director of Business Technology for AG in Baton Rouge stated, "Our partnership with Edict Systems has been outstanding. The service that Edict performs has enabled us to leave EDI to Edict and to focus our resources in other areas for added value. As a result of our partnership, we have increased our business automation three-fold and leveraged EDI in ways that were not possible previously."

--  Associated Grocers of the South, Inc. in Birmingham, Alabama - founded
        in 1927 and serves over 250 independent retailers in Alabama,
        Mississippi, Georgia, Tennessee, and the Florida pan-handle

Ron Burke, Vice President of IT for AG South said, "We knew it was critical to our business to automate all transactions for all trading partners. Edict made that process simple and in a matter of months we had 100% supplier participation."

--  Associated Grocers of New England in Pembroke, New Hampshire - founded
        in 1946 and serves almost 500 independent retailers in New Hampshire,
        Vermont, Massachusetts, Connecticut, Rhode Island, Maine, and Upstate
        New York

Ken Peperissa, Director of IT for AG New England stated, "With Edict Systems' excellent service, AG New England has experienced reduced costs and significantly expanded the number of trading partners we communicate with electronically. This has had a positive impact on how we do business and on our bottom line. " All three companies chose to move all EDI related processes to Edict's Software as a Service (SaaS) offerings. These processes include:

--  Data Translation - Hosted Data Translation (HDT) services enable each AG
        group to eliminate the need to procure and manage software-based data
        translation and integration.
    --  Trading Partner Connectivity - EnterpriseEC(R) provides a single point of
        connectivity to the AG trading partners via AS2, Secure FTP, or
        traditional Value Added Networks.

    --  Supplier On-boarding - Hub & Spoke ramping services which include
        Testing & Certification services for EDI-capable suppliers combined with
        GroceryEC.com, Edict's industry leading web-based solution for small and
        medium-size suppliers provides for optimal supplier participation.

These combined services and solutions improve business practices by reducing paper-based transactions and the number of errors associated with manual document processing. It also enables the three AG wholesalers to use valuable internal resources for other value-added IT related projects. "In today's economy many distributors, wholesalers and retailers are looking for ways to reduce costs and get more value from the resources they have in place," explains Edict's Vice President of Sales, Dave Rike. "Edict helps these organizations by providing a complete outsourced supply chain solution for them and their suppliers. Outsourcing EDI enables each of the Associated Grocers companies to rapidly expand their supply chain connectivity and communication without adding resources."
"We are excited to welcome Associated Grocers Inc., Associated Grocers of the South, and Associated Grocers of New England as valued customers," continued Rike. "We share a dedication to customer service, and Edict is committed to providing the best in EDI outsourcing solutions to help these companies serve their customers better."
About Advant-e Corporation
Advant-e, via its wholly owned subsidiaries Edict Systems, Inc. and Merkur Group, Inc. is a provider of internet-based hosted Electronic Data Interchange (EDI) and electronic document management software and services. The Company helps businesses automate manual, paper-intensive processes via expanded use of EDI or by integrating directly with ERP/MRP systems.
Additional information about Advant-e Corporation can be found at www.Advant-e.com, www.EdictSystems.com, and www.MerkurGroup.com, or by contacting investor relations at (937) 429-4288. The company's email is advant-e@edictsystems.com.
About Edict Systems
Edict Systems, Inc. is a provider of Business-to-Business electronic commerce software and Internet-based applications specializing in Electronic Data Interchange (EDI) and XML-based solutions for recurring transactions. The Company specializes in horizontal transaction services via EnterpriseEC(R), an Internet-based Trading Community Connectivity and Management Solution, and within specific industries via web-based EDI services including www.GroceryEC.com, www.RetailEC.com, www.AutomotiveEC.com, www.MfgEC.com, www.healthcareec.com, and www.CPGSupplier.com.
The information in this news release includes certain forward looking statements that are based upon assumptions that in the future may prove not to have been accurate and are subject to significant risks and uncertainties, including statements to the future financial performance of the company. Although the company believes that the expectations reflected on its forward looking statements are reasonable, it can give no assurance that such expectations or any of its forward-looking statements will prove to be correct. Factors that could cause results to differ include, but are not limited to, successful performance of internal plans, product development and acceptance, the impact of competitive services and pricing, or general economic risks and uncertainties.
SOURCE Advant-e Corporation