Atlanta, GA, August 14th, 2007 —

Thrive Technologies, Inc, announced today that Howard Berger Co., based in Monroe Township, New Jersey, has implemented Thrive’s ClearDay Web software to improve their inventory performance. Thrive Technologies is a leading provider of web based inventory performance systems for distribution intensive companies.

Howard Berger Company (HBC) was founded in 1971 and has grown into a leading hardware distributor through internal growth of private label businesses such as Guard Security locks, as well as acquisitions in categories such as brooms, brushes, housewares, hardware, plumbing, non-toxic pest control, automotive and pet products. Just in the plumbing category alone, HBC’s private label SFS/AquaPlumb product line now includes over 8500 plumbing specialties and offers over 700 packaged plumbing products.

Howard Berger sells to leading retailers, discount stores, home centers, wholesalers, drug and food chains, catalog companies, municipalities, and hardware stores worldwide. With an impressive supply chain that spans the globe, HBC has the need to keep their large product assortment in stock for their customers in spite of the often long lead times. Howard Berger’s Chief Operating Officer Bill Underwood was looking for an advanced replenishment system that would work with their Butler & Curless ERP system, analyze their demand requirements by item, optimize safety stock levels by desired service levels, recommend optimal orders, and alert them to any potential issues.

“Dealing with the largest retailers in the world, we needed a system that could help us plan demand and manage our inventory based on our strategic plans, yet make life easier for our buyers. With our strong growth, we also needed a system that will help us scale into the future. The folks at Thrive have done an excellent job working with us on our requirements, providing excellent support, and have demonstrated a strong domain expertise in the science of advanced replenishment buying,” stated Mr. Underwood.

Thrive’s software, called ClearDay Web, allows companies to define their strategic service and profitability goals in the software, and then translates those goals into daily tactical inventory replenishment. For each item that a company stocks, ClearDay Web analyzes over 40 variables daily that could impact demand or supply, such as seasonality, promotions, vendor discounts, or changes in lead times. The software alerts buyers before issues occur (eg. stock-outs, excess stock) while the user still has time to prevent the problem. Thrive customers typically reduce their inventory as a percentage of revenues by at least 15% while reducing stock-outs.

Thrive Technologies is a leading provider of advanced replenishment and inventory performance software for distribution intensive companies. Thrive’s proven products have provided over 70 companies the ability to set strategic customer service and inventory profit goals, which the software translates into optimized daily vendor line buys. Thrive’s browser-based software is easy to use, and integrates quickly to existing enterprise software. Thrive’s implementation staff has strong domain expertise in the area of advanced replenishment buying for distributors. For more information, visit Thrive on the Web at www.thrivetech.com.

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