PRESS RELEASE November 1, 2005

Inventor-e Ltd the innovative provider of automated supply management solutions for the industrial market, announced today the expansion of its range with the release of Cab-e-net to manage medium to high volume inventory at the point of use.

Cab-e-net is the most advanced multiple-item dispensing solution available today. Cab-e-net is a cabinet that is linked to the internet and monitors product stock levels using weight sensor technology. This unparalleled flexibility ensures that direct and indirect supplies are available at the POU while enforcing user-defined access control.

Inventor-e implemented Cab-e-nets into a first tier automotive supplier in Burnley to manage issuance and replenishment of welding supplies at point of use (POU).
“The automatic inventory tracking ensures our employees have what they need when they need it.” said Steve Basford, Materials Control Manager.
Inventor-e.net a web-hosted supply management solution collects the data from Cab-e-nets and other POU devices, analyses and provides management reports that can be viewed on the web or downloaded to Excel. Inventor-e.net significantly improves inventory visibility, automates reordering and improves operational efficiencies across an organisation.
“With the launch of Cab-e-net, Inventor-e provides a revolutionary generation of dispensing capabilities, which will help companies ensure that materials are available in the right place at the right time with the right level of accountability," said Dean Henry, Managing Director of Inventor-e Ltd.

"Cab-e-nets capability to manage products that were previously unable to be managed at point of use successfully, due to item size and/or high volume usage, gives our customers the ability to control inventory they would otherwise thought impossible to be managed at point of use.


PRESS RELEASE June 1, 2005

Inventor-e Ltd the innovative provider of automated supply management solutions for the industrial market, announced today a master distributor agreement for the UK with Autocrib Inc.

Autocrib has been providing automated inventory control systems for manufacturing companies since 1995 and has over 1500 point of use devices in the field.
Both companies provide unique point-of-use inventory systems that compliment one another and that are designed to track and control inventory within the MRO and PPE market. "When it comes to tool management through point-of-use systems, AutoCrib is the clear industry leader with a large installed user base and excellent reputation, which is why we are delighted to form a strategic alliance with them." States, Dean Henry Managing Director of Inventor-e Ltd.

Inventor-e will market the Autocrib product line under its own private-label brands. The newly branded products that will be manufactured by AutoCrib include the Rotoserve, which can hold over 2,500 SKUs and provide single-item dispensing of each product in an average dispense time of 10 seconds. The Rotoserve 1000 can hold over 1000 products in a 3’ x3’ footprint.
Inventor-e adds Autocrib’s point of use devices to the range of in house solutions we have developed to provide our customers with the largest range of point of use devices linked to the internet available today.

Inventor-e has solutions for the control of both direct and indirect materials. Devices are linked to Inventor-e.net, a web hosted reporting solution, which provide visible inventory and powerful real time management reports.
The cost of procuring supplies is reduced from between 20% to 40% due to automated re-ordering, the reduction of employee hoarding, reduced inventory consumption, and the elimination of high-cost emergency purchases.



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