Ramco Opens New Office in Puerto Rico, USA

Puerto Rico / Chennai, July 9, 2013 – Ramco Systems, an enterprise software product company focused on delivering ERP on Cloud, Tablets and Smart phones announced the setting up of its fourth office in the Americas in Puerto Rico. Close on the heels of opening its new office, Ramco signed its first ERP on Cloud customer in the region, Vassallo Industries.

Vassallo Industries is a worldwide leading manufacturer of PVC with distribution in Central and South America, the Caribbean Basin, the United States and Canada. This deal was signed through Ramco’s partner XTRATEGIT. Ramco has been steadily growing its footprint in the North American region with 5 new cloud ERP customers and an active partner network.

Commenting on choosing Ramco, Mr. Rafael Vassallo – President, Vassallo Industries, said: “From pioneering to becoming an industry leader in PVC Manufacturing, we have come a long way. As we continued to grow and enter new markets, we needed to streamline and automate our operations. We were looking for a solution that would help us plan, monitor and get better visibility into our inventory, while also tracking the associated costs. After evaluating a number of enterprise solutions, we chose Ramco ERP on Cloud, based on the product strength, industry experience, usability and flexible costing.”

Mr. Virender Aggarwal, CEO, Ramco Systems, said “Puerto Rico has a rich and thriving Manufacturing and Construction industry. Adding Vassallo Industries, the leading PVC Manufacturer as our customer is a first step towards further strengthening our position in the region. Along with our partner, XTRATEGIT we were able to showcase and build customer confidence on the product depth, usability and fitment for the industry. Our ability to provide Mobility and role-based WorkSpaces was the final clincher. We look forward to a smooth and quick go-live to help us both grow our businesses.”

About Vassallo Industries:

Vassallo Industries has been in business for the past 45 years. It began revolutionizing the construction industry in Puerto Rico as a pioneer in the production and distribution of PVC pipes and accessories for water and sanitary use, and further diversified into plastic furniture and accessories for household use. Since then, it has consolidated its position as a leader in the industry and has continuously grown, reaching international levels with distribution in Central and South America, the Caribbean Basin, the United States and Canada. Vassallo Industries has now established Vassallo Research & Development Corporation, a company dedicated to research, development and quality control of new products. Visit www.vassalloindustries.com for more information.

About Ramco Systems:

Ramco Systems provides next generation, end-to-end enterprise solutions that render complete transformation of the business in real time. Built on Ramco VirtualWorks®, all Ramco products are cloud architected by design and address the entire business cycle from transaction to analytics. Part of the USD 1 Billion Ramco Group, the company offers ERP, HCM, MRO, M&E, SCM, CRM, Financials, Service Management, Asset Management, Process Control, Project Management and Analytics to multiple verticals on the most appropriate cloud model—public, private and community. Ramco focuses on providing innovative business solutions that can be delivered quickly and cost-effectively in complex environments. Globally, Ramco has over 150,000 users from 1000+ customer organizations across 35 countries. The company has 21 offices spread across India, USA, Canada, Europe, Middle East, South Africa and APAC.

Ramco Systems Limited is proposing to make a Rights Issue of Equity Shares in the near future and is in the process of filing a draft offer document with the Securities and Exchange Board of India (SEBI).

For more information, please visit http://www.ramco.com; Follow Ramco on Twitter @ramcosystems/read latest updates on http://www.ramco.com/blog