Question-and-Answer Session
Operator
(Operator instructions) Your first question comes from the line of Michael Huang with ThinkEquity.
Michael Huang – ThinkEquity
Hi, just a couple of questions for you guys. The first one, with respect to the next release of the WMS product, I know it is a little bit early to call, but based on his conversations with clients, do you think this release of the products, is there any pent up demand around this one and could this coincide with an increased willingness to spend as we get into 2010?
Pete Sinisgalli
Yes, Michael, that is a great question. We do believe this is an important release of our warehouse management system. It is the next release, builds on all of the great attributes of our covert release of the solution, which is already perceived by most as the most advanced solution in the marketplace, but we are quite excited about this next release. But we don't have any specific data that would suggest that it will change materially the dynamics in the marketplace. As I said in my prepared remarks, we don't expect customers to change their upgrade plans, their supply chain transformation plans just because Manhattan has a great new release out, what we do expect though as those opportunities come to market, our win rate will increase and we expect the value we receive for those wins to improve as well.
Michael Huang – ThinkEquity
Okay. And do you think this impacted all the end customer segment that you are selling into? Does it change at all the vertical composition or the size of the customer that you're going after?
Pete Sinisgalli
That is very likely to be quite consistent with the vertical markets we go after and the larger tier-1, tier-2 target market that we go after, we think the solutions should be very attractive participants in those target markets. As I said earlier in my comments, we do believe one of the true benefits of moving warehouse management onto the platform is the clear benefit our other solutions get by having WM, our market-leading solution on the platform as well. So you're quite upbeat and optimistic about the long-term potential and hopefully we will see some of that begin to materialize in the early part of 2010.
Michael Huang – ThinkEquity
Great. So is it fair to say then that assuming a better spending environment that the attached rates around from the additional products, back at the picking up as a result of this release?
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