Move Expands Datalliance e-Commerce Services for Heavy Duty Truck Parts Industry

CINCINNATI--(BUSINESS WIRE)--Datalliance, the leading independent provider of vendor managed inventory (VMI) and other e-commerce services, announced today that Datalliance will acquired the assets of HDeXchange, Inc. (HDX), a provider of e-commerce solutions to the heavy duty truck parts supply chain, and will assume control of all activities related to both HDeXchange, and its wholly-owned subsidiary, HDX Services.

HDX will continue to operate as the industry’s voice for electronic commerce initiatives, as well as maintain its full suite of services, but with the financial backing of Datalliance. Datalliance will retain Edward Kuo as Executive Director on a long-term basis, and the services of the current HDX Board of Directors on a short-term basis.

“Datalliance has been one of HDX’s best supporters over the years as both a customer and a vendor partner, so this is an ideal fit,” said Jay Johnston, Chairman of the HDX Board. “HDX will benefit from the years of experience Datalliance has in running a technology-based company, as well as the additional strategic and financial resources it brings to the table,” he added.

“HDX has affected a significant amount of change in this industry over the last 10 years,” said Kuo. “With Datalliance, we increase our financial backing, giving us an opportunity to expand the reach of our services and support of those services.”

“I’m excited because this enhances the long and beneficial history between HDX, Datalliance, and the heavy duty truck parts industry,” said Carl Hall, President and CEO of Datalliance. “With this and other initiatives, it’s our goal to build on our position as a trusted third party to provide a range of related e-commerce services within industry-specific supply chains,” he added.

The acquisition will be effective September 1, 2008. HDX headquarters will remain in Ada, Mich., with some administrative services being transferred to Datalliance headquarters in Cincinnati, Ohio.

About HDeXchange, Inc.

HDX is an industry organization educating the heavy-duty truck parts distribution chain on the efficiencies gained from office-technology solutions, and developing standards in support of those solutions. HDX also offers a commercial suite of high-value, customized e-commerce products. Products include file transmission and networking, document mapping and translation, data warehousing and vendor managed inventory. For more information about HDX, visit http://www.hdexchange.com.

About Datalliance

Datalliance is the world’s largest independent VMI service provider, processing over $4.8 billion in orders, 10.2 million SKUs, and 25,300 locations. Delivered as a managed service via the Internet using the ‘Software as a Service’ (SaaS) model, Datalliance VMI makes it easy for suppliers and their customers to establish effective VMI relationships that fully align business objectives, improve collaboration, and streamline supply chain operations. Datalliance serves leading Fortune 1000 companies in a number of different industries. For more information about Datalliance and VMI, visit http://www.datalliance.com.