ECCO Implements Manthan Systems' ARC Merchandise Analytics

AMSTERDAM, March 7, 2011 - Manthan Systems Inc., (www.manthansystems.com/) the leader and
innovator in the Retail Business Intelligence (BI) and Analytics space today
announced that ECCO, (
www.ecco.com/gb/en/index.jsp;jsessionid=F52955EE4F1D4730548E88C8CE21081A.a02)
one of the world's major retailers and wholesalers of stylish comfort
footwear for men, women and children, has gone live with Manthan's flagship
product, ARC Merchandise Analytics. (
www.manthansystems.com/solution_ARC_Merchandise_Analytics.html)

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With ARC's strong reporting and analytical capabilities coupled with
complete support for handling all exchange currency types, ECCO acquires
sophisticated business intelligence base and enhanced operational efficiency.

ARC Merchandise Analytics, deployed in 119 ECCO Owned & Operated Stores
across Europe, integrates myriad systems in ECCO's enterprise, centralizing
data; introducing a structured, unified and consistent approach into ECCO's
decision making. ARC's advanced analytical capabilities provide innovative
support to ECCO's efficiency and decision making backed by multi-currency
reporting, inventory-specific reporting, unique merchandise hierarchy,
merchandise calendar, financial calendar, financial budgets at store level,
and ability to track goods in transit - between stores as well as between
distribution centers and market.

"With ARC's robust decision support and good analytics, we are convinced
we will benefit as a business," says Michel Krol, MD of ECCO EMEA. "We have
been looking to get a unified and central business intelligence enabling us
to conduct needed and specific analysis across sales, merchandising &
inventory, and we believe ARC will provide our business with the solution."

Atul Jalan, MD & CEO, Manthan Systems, says, "We are happy to contribute
to ECCOs long term ambition of being a true vertically integrated business.
ECCO is one of only a handful of retail majors in the world to own and manage
every step of the production process. With such vast range of operations
within its enterprise, ECCO depends on a strong technology backbone for
decision making and operational efficiency. We are delighted, ECCO has chosen
ARC to be a part of this solution."

Manthan Systems' ARC suite of products is a futuristic Retail Business
Intelligence solution that provides the complete range of role-based
analytics and performance management capabilities across all business
processes within a retail organization.

About ECCO

ECCO, a world leading brand of shoes combining style and
comfort, has built its success on uncompromising quality, innovative
technology and the design philosophy, "the shoe must follow the foot". ECCO
is the only major shoe manufacturer to own and manage every step of the
shoemaking process, and its employees are the life force behind its products,
designing, developing, producing, and taking responsibility for every detail.
ECCO products can be found in 4,000 branded sales locations in over 90
countries, a growth fueled by ECCO's consistent aim of making the best shoes
in the world.

For further information, please visit www.ecco.com

About Manthan Systems

Manthan Systems produces cutting edge analytic solutions for global
retail and CPG organizations. Manthan's breakthrough solutions, under the
brand name ARC, transform the way retailers use analytics driven decision
making for strategic advantage. The ARC product portfolio spans the entire
spectrum of retail decision making with role-based, pre-built applications,
and includes products for merchandising analytics, financial analytics,
customer analytics, supplier portal & analytics, mall analytics and
enterprise retail BI. These award winning products provide a significant edge
to an organization's analytical capability and maturity, and are proven to
deliver unmatched business benefits in a remarkably short timeframe.
Manthan's experience spans a wide range of retail segments and formats,
having transformed decision making for some of the biggest names in retail
across the globe. For more information, visit www.manthansystems.com.

Press Contact

Ajith Nayar, media.contact@manthansystems.com, +91-80-2299-0585

Press Contact: Ajith Nayar, media.contact at manthansystems.com, +91-80-2299-0585