MAPICS, one of the leading mid-market ERP vendors, has significantly expanded its product offering during 2000. On June 15, MAPICS announced the release of XA 6.0, the latest version of its flagship AS/400-based Extended Enterprise Application (EEA). Earlier, on May 9, MAPICS announced the delivery of its second flagship product, the Point.Man Extended Enterprise Edition, which enables customers, suppliers, distributors and partners to collaborate via the Internet. We express our view regarding its latest announcements and strategic direction.
and can help it mine its existing customer base. This merger has created a company with potential combined revenue of $160M and a product portfolio that can run on all major hardware platforms, thereby leapfrogging most of its competitors in the mid-range ERP market. We favorably regard the company''s recent e-business initiatives, which are in tune with the market trends and its customers'' requirements. Moreover, we condone MAPICS downplaying its role as yet another ERP-turned-e-commerce vendor in favor