Press Release

Tyredating Deploys Novatus Contracts in Lyon, France

August 11, 2009

ORLANDO, FLORIDA, U.S.A— Novatus, a contract and compliance management software provider, announces the SaaS deployment of the Novâtus Contracts™ solution at Tyredating in Lyon, France. Tyredating ( is a rapidly growing internet site for the purchase and installation of car tires in France, Spain, and Germany. Their growth has inspired them to gain control and properly manage their contract portfolio as they expand throughout Europe. Tyredating selected the Novâtus Contracts™ system to manage their multinational procurement and partner Contracts in French, Spanish, German, and English. Novâtus and Tyredating worked together at their corporate headquarters in Lyon, France to quickly implement Novâtus Contracts™ software by configuring the system, loading their contract documents, setting up all key contractual event notices and developing critical system reports. Tyredating prioritized the target contracts for the implementation by identifying their highest value business relationships. Tyredating selected Novatus as their contract management solution provider based on the ease of use, rapid deployment and immediate return on investment. “Contract management software is key for companies. The interface of Novatus Contracts is very user oriented and an extremely efficient way to follow each of the life cycle steps of a contract. Each contract owner is able to follow his contracts though a centralized management system including alerts to them. That leads to a gain of time and implication of responsible persons. The solution of Novatus permitted us to integrate with very low efforts our existing contracts database for quick deployment. SaaS allowed an immediate usage benchmarking on the technical environment already in place by Novatus and in line with adapted service level agreement” said Jérôme Pernollet, CIO of Tyredating. Novâtus Contracts™ is a global contract management solution which supports diverse users, multiple geographical locations, international dates, currencies and multi-lingual environments. The recent Tyredating implementation further demonstrates our commitment to develop global software solutions and support the international contracting community. “As a rapidly expanding company, Tyredating wisely implemented the tools and business processes to effectively manage their purchasing and partner relationships enabling them to leverage their procurement spend, resulting in highly competitive pricing for their customers,” said Valerie Stanley, Chief Executive Officer at Novatus, Incorporated.