Alon USA/Southwest Convenience Stores to Deploy Retalix StorePoint HOST to POST Solutions
Largest 7-Eleven licensee in North America selects Retalix to provide next generation store systems
DALLAS (April 28, 2003) Alon USA, representing 171 corporate owned 7-Eleven licensee sites and approximately 1,500 additional FINA brand locations, has contracted with Retalix (NASDAQ: RTLX) to deploy its StorePoint suite of open platform software products including Point-of-Sale (POS), Fuel Management, Back-Office, Host Pricebook and Hand-Held Mobile solutions for its network of stores. The Agreement will also bring to market the first convenience store users to combine state of the art scanning and forecourt management with two new and exciting technologies; RFID Auto Vehicle Identification Rings for fleets and Cellular Activation/Payment systems. The end result will enhance the consumer shopping experience to drive increased sales and profits for the retailer.
“Alon USA is implementing new and innovative technologies to further reduce costs, while enhancing the customer experience,” said Kyle Mckeen, ALON USA Marketing Vice President. “Working with Retalix and the StorePoint suite will allow us to capture immediate benefits in store operations, as well as provide us the technology platform from which to launch these new and emerging technologies.”
“Alon USA is a leader in the convenience store industry and we look forward to working closely with them to capture the benefits of the StorePoint product suite and the Retalix technology platform,” said Jeff Yelton, President of Retalix USA. Installation of the StorePoint suite will begin immediately.
About Alon USA
Alon USA is headquartered in Dallas, TX and Southwest Convenience Stores is headquartered in Odessa, TX. Together, the group owns and operates 171 corporate stores under the name Southwest Convenience Stores. SCS represents 7-Eleven’s Largest licensee with exclusive marketing rights in West TX, New Mexico, and most of Arizona. Alon USA also serves aproximately 1,500 Distributor fuel sites branded with the name FINA in a five state area (TX, LA, OK, NM, AZ). For more information, please visit the ALON USA website at www.alonusa.com.
About Retalix Ltd.
Retalix Ltd., with headquarters in Israel, provides integrated enterprise-wide software solutions for the retail food industry worldwide, including supermarkets, convenience stores 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. Recently, the Company expanded its product line by offering its head and back-office applications via the Internet to small chains and single store food retailers. With installations in more than 20,000 stores and quick service restaurants across 41 countries, the Company markets its software solutions through direct sales, distributors, local dealers and through its U.S. subsidiary, Retalix USA, Inc., and its various other subsidiaries. The Company was founded in 1982 as Point of Sale Limited and changed its name in November of 2000 to Retalix Ltd. The Company's Ordinary Shares have been publicly traded on the Tel Aviv Stock Exchange since November 1994 and on the NASDAQ National Market System since July 1998. 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 retailers and suppliers, the conversion of sales leads into customers and the ramp-up of ASP users, 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, 2001, 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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