ARGON CONSULTING TEAMS WITH VALOGIX TO BRING ADVANCED INVENTORY OPTIMIZATION TO EUROPEAN CUSTOMERS

Saratoga Springs, NY and Paris France - April 25, 2005 - Valogix LLC a leading provider of integrated value-based inventory planning and optimization solutions and Argon Consulting today announced that the companies have initiated a consulting partner agreement, under which Valogix will provide diagnostic supply chain analysis tools for Argon.

Argon Consulting is a consulting firm specializing in Supply Chain Management and Customer Relationship Management. Their Customers include leading companies from FMCG, automotive, retail and consumer industry. The central office in France provides for excellent coverage throughout Europe, the Middle East and all over the world. Their 50 experienced and committed professionals have provided solid results to companies like around the world for over 11 years.

Valogix specializes in integrated inventory forecasting, planning, and optimization solutions for finished goods, aftermarket service parts, and MRO inventories. For over 17 years, the Valogix team has provided companies around the world with solutions that have generated high ROI. The advanced technology system, forecasts future demand, sets stocking levels, creates replenishment orders, and optimizes the inventory.

Valogix's solutions improve financial performance by generating positive cash flow. Results typically are a) Reduction in inventory investment; b) Improvement in user productivity; c) Reduction in spend on replenishments; d) Improvement in employee and customer satisfaction; e) Reduced emergency shipping and expediting costs.

"Valogix solutions give us a strategic advantage that is applicable across multiple industries," said Imed Othmani, Argon Consulting Partner Manager. "Our customers will gain from our expertise and a highly effective inventory management and an exceptional value from this partnership."

According to Richard F. Vaccaro, President and CEO of Valogix, "Argon Consulting is one of the premier consultancies specializing in CRM and Supply Chain initiatives. They bring valuable expertise to our relationship and we are excited about the opportunities this partnership brings."

About Argon Consulting:
Argon Consulting is a leading Supply Chain Consultancy based in Paris, France. Argon Groupe was founded in 1994 by four professional consultants from a 'big five' international management consultancy. For 11 years, Argon has focused and invested all their energy in two areas of competence that are today in the center of their customer's attention, Supply Chain and Customer Relationship Management. Argon Consulting is now one of the leaders of the SCM consulting. With a team of 50 consultants, they work on strategic projects for leading international companies in a variety of industries, including FMCG, automotive, retail and consumer industries.

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