Retalix Receives Certification for Canadian Credit and Debit Transactions from Global Payment
Positions Retalix as the only fully integrated solution for point of sale and payment transactions in the Canadian fuel and convenience market
Dallas, TX, October 7, 2003 - Retalix Ltd, with North American headquarters in Dallas, TX, announced that the Company has recently been granted Certification for Canadian Credit, Debit and Pay at the Pump Debit from Global Payment for the Canadian marketplace. Global Payment is one of the largest transaction processing service providers in the world, processing billions of business and consumer transactions a year. This certification allows Retalix StorePoint to provide the only completely integrated point of sale and payment solutions for the Fuel, Convenience and Gas Bar markets. The solution is currently installed and being rolled out with Husky Energy, a leading Canadian Convenience Store operator.
Retalix StorePoint is a functionally rich point of sale/back-office application that allows for complete operation of a convenience store/gas bar site. With installations in over 45 countries, Retalix is the worlds leading independent provider of point of sale solutions for the Grocery/C-store market.
This certification will allow our customers to benefit from a truly integrated solution, said Jeff Yelton, CEO and President of Retalix North America. By being certified, our Retalix StorePoint POS solution allows our customers to eliminate third-party systems that previously provided this utility. This is one of the many benefits provided by the StorePoint open architecture platform.
About Retalix Ltd.
Retalix Ltd., with North American headquarters in Dallas, TX, 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. With installations in more than 20,000 stores and quick service restaurants across 44 countries, the Company markets its software solutions through direct sales, distributors, local dealers and its various 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 sites 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 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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