Milwaukee, WI, May 2007 -- Tailored Solutions—developer of the popular Label Traxx print business management software for flexographic narrow web label printers and converters—will introduce Label Traxx version 5.1 at Labelexpo Europe 2007 in Brussels in September. The latest version of the popular software will include a number of entirely new features, including some designed specifically for the European market. Among the key additions to Label Traxx version 5.1 are the following: - Packaging waste is tracked in the new version, in accordance with European Union regulations regarding transit packaging. Label Traxx 5.1 logs all cores, cartons, liner material, pallets, and other packaging materials used for each customer, and provides an annual summary. - Enhanced customer relationship management tools enable Label Traxx version 5.1 users to import trade show contacts directly into the program and compare data with information in their current databases. Duplicate names are automatically eliminated, and marketing groups can be defined for targeted promotions. - A revised Stock Products module in Label Traxx version 5.1 produces more accurate costing, based on purchase price or production costs. The revised Stock Products module handles both finished production goods inventory and purchased items which are resold. Stock inventory can be aged in the new version. Each product ticket calculates a gross margin, and shipments are traceable to specific production runs. Announcing the Label Traxx enhancements, Tailored Solutions president Ken Meinhardt commented: “Label Traxx software continues to evolve based upon input from hundreds of users around the world. The improvements in Label Traxx version 5.1 enable flexographic narrow web label printers and converters to save time and money, and respond to their customers more efficiently.”