Sterne Stackhouse Launches Partner Program Through Toronto Office
Calgary, Canada - December 12, 2002. - Sterne Stackhouse Inc. (SSI) (SSX:TSX), a leader in corporate query, reporting, and analysis software, today announced the introduction of the Labrador® Partner Program for Eastern Canada and the Eastern U.S. The Partner Program will be centered in Toronto, Ontario. Accordingly, the Company has rebuilt its website to provide up-to-date information, at www.sternestackhouse.com.
In the midst of an ever-growing trend towards consolidation, Labrador® software, and its application suite, Petro-LABTM, has become the 'de facto' standard for accessing multiple databases, across all disciplines, in Canadian oil and gas companies. The Labrador® Partner Program will extend the same ease-of-use, and agile data querying capabilities, to other markets across North America.
"The Partner Program will extend beyond the close relationship we have today with organizations such as QByte Services Ltd., which was recently purchased by IBM Global Services, " comments Ron Sterne, Chief Executive Officer of SSI. "Labrador® is perfectly suited to the over-worked, over-stressed business executive of today. It is a much lighter, much smoother, much easier way to provide business people with ready access to critical data sources, without further burdening I.T. departments. In essence, the value of Labrador® goes straight to the bottom-line."
This program is designed to create a network of new avenues for delivering and implementing Labrador® solutions. Labrador® Partners, equipped with SSI 's software and depth of experience, will be well suited to deliver packaged applications, which will be built for specific business purposes. By combining SSI's core competencies with those of its partners, Labrador® clients can maximize the benefits of technology investments already made, and exploit the value of making more informed business decisions, for better financial returns.
Importantly, Labrador® Partners will be positioned to deliver user self-sufficiency for query and reporting tasks, which span any number of data sources. Labrador® users can explore and analyze data, without the usual learning curve associated with other methods, or the dependency on over-taxed Information Technology resources. The program will combine customized Labrador® applications with the best software vendors and consultants, in arenas that include pharmaceuticals, manufacturing, finance, public information access, and web-based applications, as well as U.S./International oil and gas.
Rob Marks, co-founder of TechExecs, a Toronto based technology consulting firm, will manage the Partner Program for Eastern Canada and the Eastern U.S. "We are very pleased to work with SSI to establish the Labrador Partner Program, and to broaden SSI's business base. For both consulting firms and software vendors alike, Labrador® can offer a valuable enhancement to their clients, for both end-user productivity, as well as for end-user self-sufficiency," added Marks.
Labrador® software offers agile data query and reporting capabilities as a desktop Windows application and/or via web browsers. Using common business language, and 'point & click' selection boxes, users can efficiently access data - how they want to, and when they want to.
Additional information about the partner program is available from www.sternestackhouse.com, or by contacting Rob Marks at (905) 880-1416 email: rmarks@techexecs.com
Sterne Stackhouse Inc. is a Canadian software development company providing 'on demand' data retrieval solutions. For over 20 years, SSI has focused on data query, reporting, and analysis. Labrador®, SSI's flagship product, provides 'easy to use' client/server, Internet, and wireless data solutions. With Labrador®, business users and technologists of all skill levels, in any industry, can interact directly with all of their relational data sources.
TechExecs provides a comprehensive suite of services - from business consulting to "hands-on" interim executive leadership - that empower technology companies to achieve their tactical and strategic business goals.
SSI (www.sternestackhouse.com) trades on the Toronto Venture Exchange (TSX) under the ticker symbol SSX.
For more information contact:
Darryl Stackhouse
President & CFO
Sterne Stackhouse Inc.
403.263.6325
This release may contain forward-looking statements with risks and uncertainties that may cause the actual results to differ materially from those intended or anticipated by the Company. The Toronto Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.