FOR IMMEDIATE RELEASE
Local Aerospace Leader Avcorp Signs on with Loki Management Systems
Avcorp will save on staff costs with Loki's innovative software
June 28, 2005, Delta, British Columbia: Delta-based Loki Management Systems and Avcorp Industries Inc. won't just be good neighbours anymore, they'll be business associates, as Avcorp implements Loki's workforce management software to reduce staff operating costs by optimizing the schedules of hourly wage employees.
"Avcorp has purchased our software to more effectively schedule and manage their five hundred-plus person workforce," stated Richard Swann, President of Loki Management Systems. "Key benefits to Avcorp include reducing the time required to produce payroll, reducing labour costs and employee overtime, reducing the time required to create employee schedules, assisting managers in decision making and staff management, and increasing real-time access to performance reports."
"This new partnership with Avcorp takes us one step closer to reaching our goal of becoming a global leader in the rapidly growing workforce management solutions market."
Avcorp (AVP/TSE) designs and builds parts for some of the world's most respected aircraft companies, including Bombardier, Boeing, and Cessna. With over 40 years of experience, more than 500 skilled employees and a 300,000 square foot facility near Vancouver, the company's depth and breadth of capabilities are unique in the aerospace industry for a company of its size.
"Avcorp plans to use the Loki software to better serve our employee base and to lower costs. Loki will also support the demands of a rapidly growing customer base as Avcorp's revenues increase by 20 per cent annually over the next few years," said Ed Merlo, Vice-President of Finance at Avcorp.
Loki's workforce management software will be integrated with the access control solution provided by BMS Integrated Services.
ABOUT LOKI MANAGEMENT SYSTEMS
Established in 1995, Loki offers an advanced suite of workforce management solutions that are ideal for organizations with challenging labour environments. The software is easy to use and integrates seamlessly with existing human resource and payroll systems to reduce operating costs and increase efficiencies. It also gives management powerful analytical tools and real-time performance data to support strategic business decisions. Loki software is now being used to schedule and manage hundreds of organizations in all sectors of business across North America. In addition to an impressive return on investment and quick implementation, Loki clients enjoy unparalleled service and technical support.
FOR MEDIA INQUIRIES, please contact:
Patricia Dunn
Patricia Dunn Communications
Tel 604-734-8749
Cel 604-916-3033
For further information please contact sales: Phone: 1-800-378-5654 ext. 125 Email: sales@lokisys.com

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