FMC Announces Plans to Sell Software Solutions SmartBiz™ Business to Marathon Data Systems
Philadelphia, July 6, 2007 – FMC Corporation (NYSE: FMC) today announced plans to sell its Software Solutions Business, based in Scottsdale, Ariz., to Marathon Data Systems, a leader in office management and automation software for the pest management industry based in Tinton Falls, N.J.
“FMC believes the sale of its SmartBiz™ software to Marathon Data System’s PestPac technology will provide professional pest control operators with the best software technology to manage their businesses,” said Dan Rosenbaum, Director of FMC Professional Solutions.
“FMC and Marathon Data have collaborated to create a feature-rich PestPac SmartBiz edition that incorporates the best attributes of both tools,” said Rosenbaum. “Together, we have developed a comprehensive conversion program to transition critical customer and business data, including contact information, scheduling and accounts receivable, customer history, and more into this new edition.”
FMC’s decision to divest its software systems business is well-aligned with its focused strategy in selected customers, products and markets amid the dynamic changes in the global pest marketplace. The parties anticipate a smooth transition of the software business to Marathon Data Systems, added Rosenbaum. Terms of the sale were not disclosed.
FMC Corporation is a diversified chemical company serving agricultural, industrial and consumer markets globally for more than a century with innovative solutions, applications and quality products. The company employs more than 5,000 people throughout the world. The company operates its businesses in three segments: Agricultural Products, Specialty Chemicals and Industrial Chemicals.
Safe Harbor Statement under the Private Securities Act of 1995: Statements in this news release that are forward-looking statements are subject to various risks and uncertainties concerning specific factors described in FMC Corporation's 2006 Form 10-K and other SEC filings. Such information contained herein represents management's best judgment as of the date hereof based on information currently available. FMC Corporation does not intend to update this information and disclaims any legal obligation to the contrary. Historical information is not necessarily indicative of future performance.
FMC, the FMC logo and all brand names, company names, service marks, logos and trade dress of FMC or its subsidiaries, affiliates or licensors are trademarks or registered trademarks of FMC Corporation or its subsidiaries, affiliates or licensors in the U.S. and other countries.
© 2007, FMC Corporation. All Rights Reserved.