Sigma and FRED IT

Announcement by Sigma (SIP)

"Date: 24 November 2016
Sigma and Fred IT partnership driving pharmacy innovation

Sigma Pharmaceuticals today announced Australia’s largest pharmacy IT partnership with the Fred IT Group to deliver Sigma’s next generation retail platform that will support over 700 pharmacies across Australia.

The new platform is a single cloud based technology solution to underpin Sigma’s broader technology and data strategy implementation. The fully integrated retail platform provides a significantly improved pharmacy user experience, as well as driving synergies across merchandising, pricing, and promotional functions.

This announcement follows an extensive evaluation process of IT systems, and will enable Sigma to provide market leading support to its brand members - Amcal, Guardian, Discount Drug Stores, PharmaSave and Chemist King. The program is built on Fred IT’s new integrated pharmacy cloud solution, Fred NXT."


Perhaps this is why COO shareprice continues to fall...