The Tussauds Group Selects Retalix Solution for its Entertainment Outlets and Theme Parks in Europe, USA and Asia
Retalix to provide comprehensive store solutions for the different entertainment operations within The Tussauds Group
Ra’anana, July 27, 2004 – Retalix Ltd. (NASDAQ: RTLX) today announced that The Tussauds Group (TTG), one of the world’s leading entertainment operations, has selected the Retalix StorePoint solution to be rolled out in all its 11 sites in the UK, Europe, USA and Asia, which include the famous Madame Tussauds Waxwork attractions. The solution includes touch-based point of sale and back office applications, integrated with the Retalix chain management solution, all based on Microsoft technology.
StorePoint provides TTG with the flexibility to uniquely support their multi-concept sites, combining various food service and retail formats, with one integrated solution. The solution’s extensive support of multi-national features such as language, currency, taxation, enables TTG to standardize their technology across multiple geographical regions.
StorePoint is already installed in all of the UK theme parks, including Alton Towers, operating 42 different food and retail concepts, on 88 POS terminals, and the rollout to all of the other UK sites was completed in July 2004, which included medieval Warwick Castle and the world famous Madame Tussauds in London. The rollout to the other sites in the USA, Europe and Hong Kong will follow on during 2005.
Chris Dare, Group IT Manager, commented, “The cooperation with Retalix is a milestone in The Tussauds Group’s vision of controlling its widely differing retail and catering operations across its international estate with a single, high function solution. Retalix StorePoint will support us throughout the whole sales process, starting with a more pleasant customer experience at the POS, extensive manager functions at the site, as well as integrated data flow between the stores and the head office. Other benefits are easier cashier training as well as an advanced architecture platform, all of which will support The Tussauds Group’s goals and its continued growth.”
Barry Shaked, Retalix CEO, stated, “I view the The Tussauds Group as a successful, innovative and exciting business, which can derive great value and a competitive edge by deploying our multi-national, multi-concept solutions, across its multiple formats and regions. We are very excited about our partnership with TTG, marking our entry into this new area of food and retail within the entertainment and theme parks business.”
About The TussaudsGroup
The Tussauds Group (TTG) is one of the world’s leading leisure and entertainment companies, with city center attractions and a diverse portfolio of theme parks in the UK, USA, Europe and Asia, which include the famous Madame Tussauds Waxwork. The local environment and the communities within which TTG works are of prime concern, and TTG is taking a proactive approach in managing the impact of its attractions. Attracting around 15 million customers a year, TTG delivers Magic Moments for each and every guest in a safe and secure environment, and is a successful, growing business. For futher information, please visit the Company’s web site at www.tussauds.com.
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 30,000 stores and across 44 countries, the Company markets its software solutions through direct sales, distributors, local dealers and its various subsidiaries. For further 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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