New Release of Retalix HQ/Store Synchronizes With Supply Chain
Rules-based Pricing and Inventory Management Software Applications Help Grocers Better Manage Price Lifecycle Best Practices
DALLAS, April 29, 2008 – Retalix® (NASDAQ: RTLX), a global provider of software solutions for retailers and distributors, announced today the immediate availability of Retalix HQ/Store Release 7.1.
Retalix HQ is a centralized, rules-based pricing and merchanising solution. It helps grocers control authorized items, costs and retail prices, and standardizes a company’s pricing best-practice disciplines for consistent execution of its price strategy. Retalix Store handles store-level functions such as DSD receiving, pricing, inventory, POS sales and movement data, signs and labels, simple ordering and other store-based operational tasks. Together, Retalix HQ/Store represent the core delivery mechanism for grocers’ execution and institutionalization of price lifecycle best practices.
Retalix HQ/Store version 7.1 has added dozens of improvements, including price maintenance enhancements and supply chain application integration. Some of the highlights include:
* Sell-Through Pricing provides rules to faciliate escalating clearance retails for seasonal and one-time buy items; * FSA Substantiation flags help identify healthcare eligible items; * Pricing by Group enables mass price management by percentage or a fixed-change amount; * Integration to Retalix Power Enterprise gives self-distributing retailers the ability to synchronize data and processes between warehouse, HQ, and Store; * Integration enhancements to Retalix Demand AnalytX (DAX) feeds the DAX forecasting and inventory optimization modules with near-real-time movement data as well as using the HQ Item Catalog for relevant data.
Smart & Final, a 300 store chain based in Commerce, Calif., and Haggen Inc., a 33-store regional grocer based in Bellingham, Wash., are some of the latest retailers to choose Retalix HQ.
About Retalix Retalix is an independent provider of software solutions to retailers and distributors worldwide. Retalix solutions serve the needs of grocery chains, convenience and fuel retailers, food and consumer goods distributors and independent grocers. The Company offers a portfolio of software applications that automate and synchronize essential retail and supply chain operations, encompassing stores, headquarters and warehouses. The company’s International headquarters are located in Ra’anana, Israel, and its American headquarters are located in Dallas, Texas. For more information about Retalix , please visit www.retalix.com.
Retalix is a registered trademark of Retalix Ltd. in the United States and in other countries. The names of actual companies, products and services 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 laws. 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 or other guidance or outlooks 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, continued interest in Retalix’s new platforms, the perception by leading retailers of Retalix’s reputation, the potential benefits to food and fuel retailers and distributors, 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, 2006, 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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Contacts:
Neil McGlone
Michael A. Burns & Associates
+1-214-521-8596
nmcglone@mbapr.com
Jack Finney
Retalix USA
+1-215-953-5889
Jack.finney@retalix.com
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