Press Release
7thOnline Announces New Modules for Apparel, Accessories and Footwear Vendors

NEW YORK - 6/28/05 -7thOnline, a premier provider of inventory and assortment planning solutions targeted to the specific needs of the apparel, accessories, and footwear community, announced today the availability of several new vendor-focused modules. With these powerful new sizing, top-down planning, optimization, and production sales reconciliation tools, 7thOnline extends the Company's leadership position in the delivery of web-based, demand chain assortment planning applications.

The new modules offer significant enhancements to the core functionality, enabling vendors to experience better matched supply and demand, higher fill rates, better assortments at the door and size level, and reduce operating costs due to increased employee productivity.

New Vendor Modules include:

7thOnline PSR (PRODUCTION SALES RECONCILIATION): 7thOnline's PSR instantaneously aggregates organization-wide plan information and indications of demand, so that the vendor can get a real-time view of oversold and undersold styles. With one click, vendors can get a real-time view of bookings and available-to-sell by style, color, group, and class. This information allows for more informed decision-making with respect to inventory management and production planning.

7thOnline TOP DOWN PLANNER: Vendors can upload or input financial planning information into 7thOnline in order to execute top down plans on the system. High-level financial plans can be broken down into classification, unit, dollar, price point, door, and size, depending on the vendor's requirements. 7thOnline TOP DOWN PLANNER allows users to begin working on 7thOnline earlier in the planning process, allowing earlier management visibility, data aggregation, and internal and external collaboration.

7thOnline OPTIMIZER: 7thOnline's top down planning incorporates sophisticated optimization algorithms to generate recommended clustering, style counts, SKU counts, and assortment plans. The recommendation engine incorporates historical data, configurable KPI parameters, and 7thOnline's cutting edge optimization model.

7thOnline SIZER: Vendors can input their own size scales, so that assortments can be planned and orders can be placed down to the size level. 7thOnline SIZER is another tool that allows for more accurate assortments at the door level, resulting in higher sell thru and lower markdowns.

"7thOnline's continued development of industry focused applications underscores our commitment to deliver progressive demand chain solutions that meet the specific requirements of the apparel, accessories, and footwear community. We work closely with our existing customers and partners to understand the vision and direction of technology initiatives in the industry, so that we can deliver best-in-class solutions that are ahead of the curve. Our Fortune 500 retailer customers continue to enjoy competitive advantages due to enhanced visibility, better inventory management and reduced operational costs," stated Max Ma, Chief Executive Officer.

About 7thOnline -- 7thOnline provides comprehensive inventory and assortment planning solutions specifically targeted to the unique planning, buying and ordering processes of the global apparel, footwear, and accessories community. 7thOnline's web-centric solution suite encompasses visual and quantitative merchandising and assortment planning tools, powerful analytical and optimization engines, and automatic order transmission capabilities in multiple formats. 7thOnline's collaborative capabilities enable real-time sharing of key business information, both internally between colleagues and externally with trading partners, resulting in better-matched supply and demand. Customer results include higher sell-thru and lower markdowns through better assortments at the door level, better inventory matching due to earlier supply/demand visibility, shorter cycle times due to the streamlined process, and reduced operational costs resulting from significantly reduced administrative tasks and error rates.

For more information contact:
Sales
24 W 40th Street New York, NY 10018
Tel: 212.997.1717
Fax: 212.997.1133
sales@7thonline.com