21/10/2008 11:00:00

New Balance Selects CenterStone for Online B2B e-Commerce in Europe

New Balance EMEA, in partnership with CenterStone Technologies, the

international provider of Web-based ordering solutions for manufacturers

of apparel, footwear, equipment and accessories, has selected CenterStones

iVendix B2B e-Commerce application.

iVendix will provide New Balances sales force

and more than 4,000 dealers with a 24/7 on-line ordering solution

in EMEA. New Balance dealers and sales reps now will be able to view

automated catalogues, check on the availability of product, place

orders, and track and monitor the status of those orders using iVendix.

When looking for a B2B solution the choice

was very easy. CenterStone has a tremendous track record in providing a

fast and easy solution, which is a perfect fit for us," said Maurice

Oomen, New Balances IT Manager EMEA.

"We are extremely pleased to be partnering with CenterStone on the

launch of our B2B platform. The combined strength of their technology

and our replenishment program through our EU manufacturing capabilities

positions New Balance to deliver value to our customers like no else

can," said Jonathan Ram, New Balances

Managing Director for the EMEA Region. He continued, "We are continually

striving to improve our service levels and the 24/7 order entry, order

management and inventory availability access will assist our retail

partners in maintaining optimal New Balance footwear and apparel

inventory levels, maximize their inventory turns, reduce mark-downs and

ultimately be more profitable. The CenterStone B2B deployment is

critical to our goal of double our revenue by 2012."

New Balance has joined a growing list of companies that understand the

urgency of modernizing the way of conducting business with retailers

through more efficient processes, real time information, and better

customer service.

Were delighted

that a leading corporation such as New Balance has recognized the

potential of iVendix. Sales reps and customer service assistants will be

able to maximize the satisfaction of their clients by making the

ordering process faster and more efficient. EMEA dealers will be able to

conduct business at their convenience and thus, better serve consumers

at the point of sale. A competitive advantage that will certainly

contribute to stimulate New Balance global sales in the next 3-5 years

and reinforce the attractiveness of the brand,

said Christophe DeLussac, general manager for CenterStone Technologies

European operations in Paris.

About New Balance

New Balance, headquartered in Boston, Mass., has the following mission:

Demonstrating responsible leadership, we build global brands that

athletes are proud to wear, associates are proud to create and

communities are proud to host. New Balance employs more than 4,000

people around the globe, and in 2007 reported worldwide sales of $1.63

billion. For more information, please visit http://www.newbalance.com.

About CenterStone Technologies

CenterStone Technologies provides B2B e-Commerce solutions in six

languages and local currencies in North America and Europe with

widespread adoption by specialty retailers and sales reps. CenterStones

e-Commerce solutions processed more than $1.2 billion dollars in

wholesale transactions in 2007. CenterStone makes suppliers more

competitive by driving revenue growth, providing increased inventory

turns at retail, reduced customer service costs, and greater speed to

market, thus improving relationships with their customers

retail dealers.

Brands that currently use CenterStones

solutions include: The North Face, JanSport, Vans, Reef and VF

Imagewear, part of VF Corporation (NYSE:VFC); Pearl Izumi; Marmot

Mountain, Ex Officio and Marker Apparel, brands of Jarden Corporation

(NYSE:JAH); Under Armour (NYSE:UA); Helly Hansen; Perry Ellis Intl.

(NASDAQ:PERY); Geneva Watch Group; Cleveland Golf; SmartWool, a division

of Timberland (NYSE:TBL); Rip Curl; Billabong; Sport Obermeyer; Smith

Optics; KHS Bicycles; Dale of Norway; ONeill

Clothing; Hot Chillys; Petzl; Icebreaker; Four Star Distribution

(C1RCA); Fresh Produce Sportswear; Yakima Products; Patagonia Europe;

180s; Oxbow; Ober Jeans; Hurley Europe; The Orvis Company; Life is good®;

The Quiksilver Rossignol Group and others. For more information please

visit www.centerstone-europe.com

or www.centerstonetech.com.

Editors Note: Product and company names

mentioned herein may be trademarks and/or registered trademarks of their

respective owners.

For New Balance EMEA

Jack Gordon, +44 (0)20 7402 4813

Mobile:

07968 105592

jack@silver-hammer.co.uk

Grace

Thornton, +44 (0)20 7402 4813

Mobile: 07840 504840

grace@silver-hammer.co.uk

Fax:

+44 (0)20 7402 4061

or

For CenterStone Technologies USA:

OnTarget

Public Relations

Patricia Smith, +1-303-333-1516

Mobile:

+1-303-807-7086

pat@ontargetpr.net

or

CenterStone

Technologies France:

Christophe de Lussac, +33 (0) 1 55 28 91 17

Mobile:

+33 (0) 6 85 72 39 20

cdelussac@centerstonetech.com

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