Референции

02_06.2009

Bulgaria, Varna

To Whom it May Concern:

The current reference is published in order to certify that Piccadilly works

with "ECOD Eltrade" and to confirm that the services the company offers are

accomplished with great quality, correctness and perfect timing.

At this moment Piccadilly is one of fastest growing company which has 22

stores in Bulgaria. From the beginning of the year Piccadilly has successfully started

an EDI project related with the exchange of orders with its suppliers. Their number

continues to grow thanks to the professionalism and high quality of "BCOD Eltrade" .

Till mid of 2009 Piccadilly will also introduce an E- invoices exchange with its

suppliers.

All of the above would not be reached without the professional assistance of

ECOD Eltrade. With this reference Piccadilly expresses satisfaction with its

partnership with BCOD Eltrade and highly recommends it as serious and responsible

partner.

In case you need further information regarding our partnership with Eltrade

you are more than welcome to contact us.

Sincerely,

Nikolai Neshev

CFO

Piccadilly AD., Piccadilly Supermarkets