The Board of 3Q Holdings Limited (THQ) is delighted to announce that the Company has signed agreements with Harvey Norman Holdings Limited (HVN) for the supply and implementation of the AdvanceRetail point of sale (POS) solution. The AdvanceRetail POS system will be deployed to Harvey Norman retail stores in Australia, New Zealand, Republic of Ireland and Northern Ireland. The initial contracts cover software licences, support and system design consultancy services and are worth in excess of $2 million (some part of which is already work in hand), with further work on solution build, test and deployment phases over the following two years.
Commenting on the signing, 3Q Chairman Shaun Rosen said “The Harvey Norman brand is a household name in Australia and New Zealand, and we are thrilled that they have selected our AdvanceRetail POS solution. To be chosen as the POS system for such a prestigious international operation is further testament to the effort invested by the team in building a market leading product, and the quality of the overall solution. We look forward to working with Harvey Norman in the coming years as we implement a quality solution in a great retail company.”
3Q Holdings Limited (TQH) originally acquired 100% of QQQ Systems, a software company that provides software applications to the retail industry in Australia and New Zealand – with both point of sale (POS) and head office solutions into a wide range of retail clients operating in the fashion, electronics, furniture, general merchandise and discount variety industries. In March 2006 the company acquired the San Diego based Applied Retail Solutions business (ARS). The company has a range of strategic alliances through which the Company takes its products and services to market, including industry leaders that include SAP, Microsoft and IBM.