Future Tech's Automated Asset Contract & Lease Management Solution Honored for Innovation and Excellence
HOLBROOK, N.Y., May 2, 2005: Future Tech Enterprise, Inc . – Future Tech is pleased to announce that it's automated asset contract and lease management solution, ContractOne ®, has been awarded the 2005 Long Island Software Award (LISA), an industry accolade bestowed upon leading software solutions by the Long Island Software & Technology Network (LISTnet).
Industry analysts report that the average Fortune 1000 Company hosts between 20,000 and 40,000 contracts worth billions of dollars each year, with an increase in active contracts of more than 20% in the past year. These contracts become integral tools and the foundation for deploying IT to meet business needs, as well as the roadmap that directs and governs a company's business relationship with outside vendors.
In response to that, Future Tech created ContractOne ®, the most complete and flexible asset contract & lease management solution available today. ContractOne enables IT professionals to more effectively manage the complete lifecycle of their technology contracts and leases ---- from vendor management to the initiation, amendment, renewal and termination of those contracts and leases. Finalized contracts, terms and any related documentation are accessible to authorized users through a web browser. Deliverables and other key milestones are automatically tracked so vendor compliance and commitments are proactively managed.
"We're gratified by our receipt of the 2005 LISA award," said Bob Venero, President and CEO of Insource America. “ContractOne marks our first foray into software development and to receive this kind of industry recognition for that first endeavor is incredibly validating and testimony to both the need for this kind of automated asset contract & lease management tool, and the quality with which we constructed a solution for that need in the marketplace.”
The Long Island Software Awards (LISA) showcases the strength and diversity of Long Island's software industry. By recognizing excellence in a wide range of software products, the LISA seek to stimulate creative interaction among those engaged in software development and application on Long Island, and to give these activities a higher recognition.
About Future Tech
Future Tech Enterprise, Inc. is a market leading full service IT solution provider, representing over 700 different manufacturer product lines including IBM, Cisco, HP, Toshiba and Fujitsu. Future Tech offers the resources corporations need to gain control of their technology acquisition cycle. Our highly skilled technicians, sales support engineers, and network consultants are trained and certified to support most major product lines. We've skillfully combined the people, processes and technologies it takes to streamline the information flow, reduce delays and costs, shorten order-cycle time, and maximize customer satisfaction. Future Tech's vision is to create business partner relationships with both customers and suppliers that help our clients align their business strategy with their technology strategy. The creation of this true partnership ensures a win-win approach for all partners involved, while providing the best possible pricing and service practices in our industry. For more information, please visit www.ftei.com
CONTACT:
Christine Rogers
Director of Marketing
Future Tech Enterprise Inc.
Phone: 631.472.8601 x7823
Fax: (631) 472-6599
crogers@ftei.com
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