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TASCI Project

Caro Systems selected as preferred solution provider for TASCI

Toronto, Ontario, June 29, 2006 – Caro Systems is pleased to announce that after a competitive RFP process, the 'Television Automated Supply Chain Initiative' (TASCI), an ad-hoc committee of major Canadian Broadcasters and Advertising Agencies, has extended an offer to partner with Caro Systems Inc. to provide services for TASCI to design, build and support the infrastructure by which key business exchanges relating to the life-cycle exchanges of Broadcast Orders can be automated.

The core vision of TASCI is to streamline the business process between the television buyers and sellers, by providing a means to automate key business transactions across a peer-to-peer network and thus eliminate discrepancies from buyer to seller information and processing systems. The selection committee of TASCI was impressed by the thoroughness of Caro's response and the speed at which Caro was able to demonstrate a proto-type solution during the RFP process.

TASCI will partner with Caro to develop a system that will provide the peer-to-peer solution to the challenges of the buying/selling cycle between Agencies and Broadcasters. The solution will include a bi-directional interface between the buyers and sellers. As part of the process Caro will develop standardized web-services based on industry standard XML to further enable the Broadcaster and Agencies an even greater degree of automation with their own back-end systems.

About Caro Systems

Founded in 1997, Caro Systems (www.carosys.com) provides application development consulting for financial institutions, major retailers, media companies and others. CaroWorks SOA framework is integrated with IBM’s RUP (Rational Unified Process) methodology. Flouting the truism that 70% of application development projects fail, Caro has a 100% success rate in projects it has controlled. Caro’s client list has included CBS, Purolator, Enbridge, WSIB, CIBC, CanWest Global, Sun Microsystems, Warren Shepell, and Recruiters Networking Group.

About TASCI

TASCI Television Automated Supply Chain Initiative is an acronym for an ad-hoc committee of Canadian Broadcasters and Advertising Agencies, acting in the interests of all Canadian television broadcasters and all Canadian Advertising Agencies who are committed to the introduction of a full suite of EDI exchanges.