Retalix StorePoint Offered In A Simple and Easy-To-Implement Fashion For Small & Medium-Sized Convenience Retailers
Retalix Offers SMR Version of its Successful Convenience Store Software Solution
Plano, TX, November 14, 2005 – Retalix® USA (NASDAQ: RTLX), announced today that the highly successful Retalix StorePoint™ suite of applications, a leading automation solution for large-size Convenience Store chains, is now offered in a simpler and easier to implement fashion for small and medium-sized retail (SMR) chains.
Retalix StorePoint, with 11,000 installations in 25 countries, is an integrated software solution for operators of convenience stores, fueling stations and quick service restaurants worldwide. Retalix StorePoint bundles Point-of-sale (POS), Back Office, Host Processing, Fuel interfaces, Credit Authorization, and more into a single, end-to-end, synchronized solution. As a part of the SMR initiative, Retalix also announced that it would bundle hardware for prospective customers, including point of sale and server hardware.
In conjunction with the new SMR offering, Retalix is also developing an affordable implementation methodology designed to speed up and simplify the successful deployment of Retalix StorePoint for SMR organizations. With this new capability, full chain-wide implementations for SMR organizations will be possible within 90 days, allowing these organizations to benefit from the Retalix StorePoint applications more quickly.
“No longer will small and medium-sized chains have to settle for technology that is inferior to that of larger, national chains,” said Todd P. Michaud, Executive Vice President, Marketing and Product Management, Retalix USA. “We intend to offer SMR organizations the most comprehensive headquarters and store operations suite available in the marketplace.”
An important feature of the SMR StorePoint release involves supply chain management. Since most SMR organizations in the North American convenience industry are wholesale supplied, the SMR version of Retalix StorePoint will support supply chain integration and synchronization capabilities with the Retalix Power Enterprise software portfolio. Retalix Power Enterprise is the leading enterprise software solution in the North American convenience products distribution industry today.
“Our ongoing strategy consists of leveraging the Company’s industry leading position in the retail and distribution segments to enable our customers to communicate and work more efficiently and productively with each other,” emphasized Mr. Michaud. “With this newest release of Retalix StorePoint, inventory information, orders, and pricing will flow seamlessly between Retalix StorePoint retail customers and Retalix Power Enterprise distribution customers.”
Retalix Ltd. is an independent provider of integrated enterprise-wide software solutions to global food and fuel retailers and U.S. grocery and convenience store distributors. Retalix solutions serve the needs of the entire range of food and fuel retailers and U.S. grocery and convenience store distributors, from multi national supermarket chains, major food distributors and major fuel retailers to local independent grocers. With more than 34,000 installations across 50 countries, Retalix develops and supports its software through more than 1,300 employees in its various subsidiaries and offices worldwide.
Retalix and Retalix StorePoint are either registered trademarks or trademarks of Retalix Ltd. in the United States and/or other countries. The names of actual companies and products mentioned herein may be the trademarks of their respective owners.
Safe Harbor for Forward-Looking Statements: Except for statements of historical fact, the information presented herein constitutes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and U.S. federal securities law. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Retalix, including revenues, income and expenses, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors include risks relating to Retalix’s anticipated future financial performance and growth, continued roll-outs with existing customers, the potential benefits to food and fuel retailers and suppliers, expansion into new geographic markets, and other factors over which Retalix may have little or no control. This list is intended to identify only certain of the principal factors that could cause actual results to differ. Readers are referred to the reports and documents filed by Retalix with the Securities and Exchange Commission, including Retalix’s Annual Report on Form 20-F for the year ended December 31, 2004, for a discussion of these and other important risk factors. Retalix undertakes no obligation to publicly release the results of any revisions to these forward-looking statements that may be made to reflect events or circumstances after the date hereof, or to reflect the occurrence of unanticipated events.
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