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AICS and Reliant Inventory Services Inc. Announce Business Combination

Accurate Inventory and Calculating Service (“AICS”), is pleased to announce the company’s acquisition of Reliant Inventory Services, Inc. (“RIS”).

11/08/2012 (press release: Relient) // Miami, Florida, USA // press@reliant-inv.com

Accurate Inventory and Calculating Service (“AICS”), is pleased to announce the company’s acquisition of Reliant Inventory Services, Inc. (“RIS”), creating the third largest inventory service in the United States (collectively “Reliant”). Reliant retains the combined strengths of both companies and is now prepared to lead the inventory services industry with advanced technology and an innovative business model for the data capture process.

“This is a very complimentary business combination, the philosophical approach of striving to provide premium customer service is shared and we’ve blended a talented management team under one roof to better serve our clients,” said Reliant President Barry Hoffman.

“Further, each company developed its well-established client base and serviceable areas over the years with very little overlap such that the resultant scope of Reliant’s combined operations and geographic footprint now covers 40 states.”

In assessing Reliant’s expanded reach, Barry Hoffman added, “retailers across classes of trade, manufacturers, distributors and hospitals now have another high quality, national, alternative when considering service companies for complex inventory needs.”

About Reliant

Primarily engaged in providing inventory control, counting and reporting services of the highest quality to its clients across classes of trade and the health care sector, Reliant has grown from a small family business into a firm with expanding domestic operations that currently encompass 40 states. With a current workforce of over 1,000 and state of the art hardware and software for the inventory industry, the company’s services appeal to a broad range of customers – from large national chains with considerable inventories, data collections and servicing requirements to regional and independent operators.

For more information on this transaction or Reliant, please contact Barry Hoffman at 262.574.1335 or bhoffman@reliant-inv.com.

Social Media Tags:Inventory, Supply Chain Management, Inventory Management, Data Collection, Asset Inventory

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