Terra Technology Moves Headquarters to Norwalk, ConnecticutStrong market adoption of Real–Time Forecasting drives corporate relocationNorwalk, CT. – December 1, 2004 – Terra Technology (www.terratechnology.com), the leading provider of Real–Time Forecasting (RTF) solutions for consumer goods companies, today announced that the company has relocated its corporate headquarters to Norwalk, Connecticut. Terra quickly outgrew its previous location because of employee growth and strong market adoption of Terra’s Real–Time Forecasting solutions by companies such as Campbell Soup (NYSE: CPB) and Ventura Foods. The company’s new corporate headquarters is located at 20 Glover Avenue, Norwalk, Connecticut, 06854. Terra Technology President and CEO Robert F. Byrne said, "This is an exciting time for our company as we are seeing a significant industry response to our Real–Time Forecasting solutions. By relocating our corporate headquarters, we acquire the space and resources necessary to support our continued growth as well as help our current and prospective customers to further improve their short–term demand prediction." About Terra TechnologyTerra Technology is the leading provider of demand sensing and inventory optimization software for consumer goods companies. Terra's solutions incorporate demand signals from throughout the supply chain including retailer data, reducing forecast error by up to 50 percent and inventory up to 20 percent. More accurate forecasts and inventory targets improve customer service, lower inventory, decrease unplanned changeovers and reduce costs. Terra's customers include Campbell Soup, Procter & Gamble and Ventura Foods. For more information, please visit www.terratechnology.com or call 203-847-4007 x111. |
