Supply Vision Acquires Web Freight Pro

CHICAGO, Ill. (September 9, 2010) – Supply Vision, a leading provider of cloud-based logistics solutions to the supply chain industry, today announced the acquisition of Web Freight Pro. Web Freight Pro, based in Fort Mill, SC, is a leader in web-native freight and warehouse management solutions for third-party logistics providers, freight forwarders, shippers and carriers.

Mike Powell, Chief Operating Officer of Supply Vision said, “We are committed to delivering cutting edge solutions that integrate all parties of the supply chain. The Web Freight Pro product and team, coupled with their successful track record and client testimonials, are a perfect fit with Supply Vision’s culture and vision.”
Founder and President of Web Freight Pro, Ken Reiter, has been appointed Chief Technology Officer of Supply Vision. “We have been developing best-in-class SaaS solutions for U.S. logistics companies for the past 12 years,” said Ken Reiter. “From the very beginning, Web Freight Pro was developed as a web-based application and we continue to see more organizations realize the value and simplicity of the SaaS model. We are excited to join the Supply Vision team and are looking forward to continuing to build on the success of our current on-demand offerings.”
Cris Arens, Chairman of Supply Vision said, “Web Freight Pro has developed superior intellectual property over the past several years, and we saw this as an opportunity to expand our suite of applications. We are currently exploring other acquisitions that will strengthen our goal of providing visibility tools for all aspects of the supply chain.”

About Supply Vision:
Supply Vision is a cloud-based supply chain software provider. The company’s web-based platform delivers flexible tools to help organizations manage the supply chain by enabling collaboration between shippers and logistics providers. Supply Vision’s suite of products covers the entire supply chain and includes a Transportation Management System (TMS), Warehouse Management System (WMS), and Customer Portal.