Press Release
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LP SOFTWARE, INC. AND INFOGLIDE SOFTWARE ANNOUNCE ADVANCED LOSS PREVENTION ALLIANCE
Identity Resolution Engine and Retail Incident Data Create Powerful Offering for Retail Loss Prevention
Palos Hills, IL and Austin, TX - January 9, 2007 - LP Software, Inc., the leading provider of retail incident management and audit software solutions, and Infoglide Software Corporation, a leading provider of identity resolution solutions, today announced the formation of a strategic relationship. The agreement brings together technology and data to create an advanced, leading edge loss prevention solution for the retail industry.
Since 1998, LP Software's innovative solutions have supplied the retail industry with comprehensive tools to manage daily loss prevention operations. Their Loss Prevention Management Suite (LPMS™) of solutions provides premier incident, case management, and audit tools for retail Loss Prevention and Operations, as well as powerful web-based Internet tools for incident reporting.
Infoglide Software's Identity Resolution Engine™ (IRE) utilizes patented Similarity Search technology to identify customers, vendors, and employees who modify their identities to avoid detection. The IRE also enables retailers to identify similar identities held in shut off lists, watch lists, and incident management databases such as LP Software's powerful LPMS package.
"Infoglide Software's Identity Resolution Engine allows retailers to know who's who within their organization and when their customers or employees attempt to circumvent policies," says Brian Eskra, president of LP Software. "Coupled with the data captured by LPMS, our customers will have an exceptionally powerful solution to overcome shrinkage."
"LP Software is a recognized leader in providing incident management and loss prevention solutions to the retail industry," says Douglas Wood, senior vice president of Infoglide Software. "Their applications collect vast amounts of incident data which, when combined with our Identity Resolution Engine, provide a unique and powerful tool for fighting retail fraud."
About LP Software
LP Software, Inc. (www.lpguys.com) is a privately owned software
development company based in Palos Hills, IL. LP Software is committed
to the development of best-cost, world class retail loss prevention
solutions that revolutionize the LP mission and contribute greatly
to the success of their highly valued customers.
About Infoglide Software Corporation
Infoglide Software Corporation (www.infoglidesoftware.com)
supplies identity resolution solutions to the retail, insurance,
law enforcement, and government markets globally. Infoglide Software
enables organizations to integrate transactional data with remote
and disparate historical data to apply business intelligence to operational
decisions in real time. The company’s Identity Resolution Engine
enables organizations to understand the many variations of identities
that exist within data silos throughout the enterprise. Incorporated
in 1996, Infoglide Software is a privately held company headquartered
in Austin, Texas.
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Infoglide®, Infoglide Software™, Infoglide Software logo, and Bladeworks™ are trademarks of Infoglide Software Corporation. All other company or product names are the registered trademarks or trademarks of their respective owners.
