Fenaco Selects Retalix StorePoint for Rollout in All 640 Sites of Its Volg Chain in Switzerland
With Retalix StorePoint, the Swiss grocery chain will standardize its technology across all its regions, running stores in all three official Swiss languages
Ra’anana, Israel, May 31, 2004 - Retalix Ltd. (Nasdaq: RTLX) today announced that the Swiss cooperative fenaco has committed to roll out Retalix StorePoint solutions in all 640 existing stores and also in all future sites of its Volg chain throughout Switzerland. In addition, fenaco has approved the ongoing pilot in its LANDI chain and the start of roll out is scheduled for the third quarter of 2005.
Volg is a classic Swiss grocery store, located in small villages and towns, supplying daily needed products such as fresh food and household goods. Volg is part of fenaco, a cooperative of Swiss farmers based in Bern, with an annual turnover of $3.2 Billion US.
Following successful pilots, Volg will install StorePoint’s touch-based point of sale and back office applications, integrated with the Retalix chain management solution, which will be connected to and managed by the fenaco head office systems.
Retalix StorePoint’s extensive support of international features provides full compatibility with Swiss tax and financial regulations, as well as enabling fenaco to standardize its technology across all its regions and chains, while running its stores in all three official Swiss languages.
For this project, Retalix is partnering with Bison Systems, with Retalix providing the software solution and Bison providing hardware, integration, project and rollout services. Bison is also in charge of second level support and maintenance. Retalix and Bison have been business partners since 1999. Other customers using Retalix software in Switzerland, and serviced by Bison include "avec. Convenience-Stores" and "k Kiosk," the leading Swiss newspaper and tobacco kiosk-based retailer.
Mr. Erwin Stöckli, Director of IT, logistics and services of Volg, commented: “The cooperation with both Retalix and Bison is a critical milestone in fenaco’s Touch4Retail project, and will help us realize our vision of standardizing our technology platform across our retail chains and stores with a single, rich and flexible solution. We have selected Retalix StorePoint because of its extensive functionality at the POS, extensive manager functions at the site, as well as the tight head office control and integrated data flow between the stores and fenaco head office systems.”
According to Avinoam Bloch, Chief Operating Officer – International, “We are very pleased to provide fenaco with the flexible and comprehensive solution that precisely meets their requirements and enables them to standardize IT platforms across their retail chains and varied regions. StorePoint proves again it is an excellent fit to the varied demands of the international market. This project also extends the successful partnership we have had with Bison since 1999."
About Volg
Volg manages 640 stores throughout Switzerland. It specializes in supplying small villages with grocery stores to provide for the inhabitants’ daily needs; fresh fruit and vegetables, bread, cheese, meat and other household goods. It is part of fenaco, a cooperative of Swiss Farmers, which has annual sales of approx. $ 3.2 Billion and over 7,000 employees. It unites 59,000 members of various agricultural cooperatives and 450 LANDI, which improve and market agricultural goods.
Bison Systems Ltd., with headquarters in Sursee, Switzerland provides system-integration services nationwide. Bison is part of the PC-WARE Group, with headquartes in Leipzig, Germany. PC-WARE is a European Microsoft LAR operating in 10 European countries and one of the leading system-integrators in Germany. Bison’s portfolio consists of workplace, server, LAN/WAN and storage installations, software sales and licensing, retail systems (POS), Voice over IP telephone (VoIP) and Point of Information (P.O.I) solutions. With over 150 employees operating from its offices in Sursee, Bern and Winterthur, Bison is offering its professional services for both SMB and Retail markets. For further information, please visit the Company's website at www.bison-systems.ch
About Retalix Ltd.
Retalix Ltd., with North American headquarters in Dallas, TX, provides integrated enterprise-wide software solutions for the global food and fuel retail industries, including supermarkets, convenience stores, fuel stations and restaurants. The Company offers a full suite of software applications that support a food retailer's essential retailing operations and enable retailers to increase their operating efficiencies while improving customer acquisition, retention and profitability. With installations in more than 33,000 stores and across 50 countries, the Company markets its software solutions through direct sales, distributors, local dealers and its various subsidiaries. For more information, please visit the Company's web site at www.retalix.com.
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. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company, 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 the Company’s anticipated future financial performance, continued roll-outs with existing customers, the market reception of its new e-marketplace and ASP services, the potential benefits to food and fuel retailers and suppliers, expansion into new geographic markets, the conversion of sales leads into customers and the ramp-up of ASP users, the integration of the Company’s acquisition of OMI 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 the Company’s Annual Report on Form 20-F for the year ended December 31, 2003, for a discussion of these and other important risk factors. The Company 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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