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Logic Technology and LoveSac Ink Deal

Shelton, CT, March 6, 2011 – Logic Technology, a leader in ERP solution and IT management, is proud to announce it will provide LoveSac with a complete back-end eCommerce solution, with the capability to perform payment reconciliations and enable web transaction tools. The system enhancements will allow LoveSac to communicate with hundreds of offices and banks nationwide and streamline their current procedures allowing for better communication and quicker responses. Logic Technology’s advanced ERP solution – LogicBroker™, will allow both customers and employees to be able to view data in real-time. The system enhancements are scheduled for completion in Q3 of 2011.

 

“LoveSac is a real innovator in their market, thinking outside the box and delivering on the promise of great products, which are equally functional as they are fun. At Logic Technology we are excited to be able to build a software platform and implement a solution that will help such a great company continue to grow and service their customers at the highest level possible” said Peyman Zamani, President of Logic Technology.

Logic Technology, who has been providing MS Great Plains and other custom ERP solution support since 1998, will provide LoveSac with a proprietary software platform, specialized equipment, and engineer support through the design and implementation process. The volume of the data that will be sent and received will vary greatly from day to day and even within the day, and Logic Technology will build a system prepared to handle not just today’s traffic but the increase in data transmissions that will occur as LoveSac continues to grow.

“As our markets continue to grow and expand” explained Ryan Johnson of LoveSac, “we are equally excited about taking on this new expansion effort with Logic Technology. We enjoy the personal and inclusive approach of Logic Technology, and look forward to working with them to expand our IT commerce infrastructure.

About Logic Technology, LLC

Since 1998, Logic Technology has been solving problems faced by clients from fortune 500 companies to community based businesses leveraging both proprietary and custom developed software. The company’s services and products are marketed worldwide to companies looking to improve their operations and purchasing through IT software platforms – including LogicBroker, MS Great Plains, and other ERP solutions. Logic Technology’s model is focused on working with companies to enhance their business, optimize processes and provide the necessary post-launch support – thus creating technology solutions that make sense.

About LoveSac®

LoveSac is a lifestyle brand and multi-channel retailer of alternative furniture products and accessories targeting TV and family rooms. The Company holds patents on the original oversized Sac and now Sactionals, the world’s only washable, changeable, stockable, FedExable upholstered furniture solution. LoveSac, Sac and Sactionals are all registered trademarks.