InCircuit Awarded Software Contract For Federal Surplus, State Surplus, Online Auction and Web Storefront for the State of Illinois

AUSTIN – November 11, 2009 – InCircuit Development Corporation (www.InCircuit.com), a leading provider of surplus management solutions, today announced that it has been awarded the software contract for surplus management for the State of Illinois, including Online Auction, Web Storefront, State Surplus and Federal Surplus.

The state required an internet-based system that could easily integrate with its existing systems and after a competitive solicitation, chose InCircuit’s Surplus Management Software (SMS). InCircuit’s on-demand solutions will allow the state to manage all of these functions online in a customized, user-friendly interface.

The State of Illinois will use the new software to streamline processes and improve profitability of surplus property sales. With InCircuit’s Online Auction module, the state will efficiently orchestrate sales with eligible entities as well as the general public through real-time, eBay-style bidding. More importantly, InCircuit’s SMS enables inter-agency communication and facilitates the placement of State property back into service for the agencies that need it.

"Asset Management doesn't stop when the agency disposes of property via surplus," said Dean Hebert, Vice President of InCircuit. "InCircuit specializes in helping our clients achieve the best possible return on their asset investments through streamlined workflows, reutilization, and maximizing profits on sales. Because different equipment types sell better in different channels, clients can choose to sell any asset via online auction, sealed bid, public auction or in a retail environment. And every transaction is recorded indefinitely for audit history."

State governments, universities or other institutions interested in asset management, surplus management, inventory management or other customizable management software products offered by InCircuit, should call 800-963-1950 x1 or visit www.InCircuit.com.

About InCircuit Development Corporation
InCircuit Development Corporation, (www.InCircuit.com), is one of the leading providers of Enterprise Asset Management (EAMS) solutions. For over fifteen years, InCircuit has worked with managers in government, higher education, and businesses of all sizes to manage over $15 billion worth of assets. The modular solution approach used by InCircuit enables its customers to manage assets and automate inventory control more efficiently than ever before, increasing their profitability, accuracy and effectiveness.