SAN MATEO, Calif., Dec. 16, 2010 /PRNewswire/ -- DemandTec, Inc. (Nasdaq: DMAN), the collaborative optimization network for retailers and consumer products companies, was named to Food Logistics magazine's FL 100 for the fifth consecutive year. Food Logistics magazine's FL 100 list represents the top 100 technology solution providers to the food, beverage, and consumer packaged goods industry. The FL 100 list is compiled based on input from readers, industry analysts, and consultants.
Retailers and consumer products companies use DemandTec's innovative predictive analytics software to optimize assortment, pricing, promotion, markdown, and other decisions that influence shopper behavior. DemandTec's network of software services enables trading partners to transact, interact, and collaborate on core merchandising and marketing activities. Approximately 13,000 retailer and manufacturer end-users on DemandTec have collaborated on more than 3.5 million trade deals to date.
"DemandTec is honored to be included in the Food Logistics Top 100 list for the fifth straight year. This distinction is a testimony to our market leading customers pushing DemandTec for new innovations to continuously meet the needs of a competitive and challenging industry," said Marc Dietz, Vice President of Marketing at DemandTec.
About Food Logistics Magazine
Food Logistics magazine brings in-depth articles and target research to numerous corporate, traffic, operating, logistics and warehouse managers. Publishing nine issues per year, Food Logistics is a respected industry periodical that has become a reliable source for nearly 22,000 food industry professionals in all food channels. See more at www.foodlogistics.com.
DemandTec (NASDAQ: DMAN) connects more than 280 retailers and consumer products companies, providing common tools to transact, interact, and collaborate on core merchandising and marketing activities. DemandTec's software services enable customers to achieve their sales volume, revenue, shopper loyalty, and profitability objectives. DemandTec customers have collaborated on more than 3.5 million trade deals. DemandTec software-as-a-service utilizes a science-based platform to model and understand consumer behavior. DemandTec customers include leading retailers and consumer products companies such as Ahold USA, Best Buy, ConAgra Foods, Delhaize America, General Mills, H-E-B Grocery Co., The Home Depot, Hormel Foods, Monoprix, PETCO, Safeway, Sara Lee, Target, Walmart, and WH Smith.
DemandTec Safe Harbor
This press release contains forward-looking statements regarding DemandTec's expectations, hopes, plans, intentions or strategies, including statements about the benefits of DemandTec's solutions. These forward-looking statements involve risks and uncertainties, as well as assumptions that, if they do not fully materialize or prove incorrect, could cause our results to differ materially from those expressed or implied by such forward-looking statements. The risks and uncertainties include those described in DemandTec's documents filed with or furnished to the Securities and Exchange Commission. All forward-looking statements in this press release are based on information available to DemandTec as of the date hereof, and DemandTec assumes no obligation to update these forward-looking statements.
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SOURCE DemandTec, Inc.