Retalix Ltd. Announces Conference Call to Discuss Second Quarter 2004 Results
Ra’anana, Israel, July 1, 2004 - Retalix Ltd. (Nasdaq: RTLX) announced today that it will be holding a conference call to discuss results for the second quarter of FY 2004 on Wednesday, August 4th, 2004, at 10:30 AM EST (7:30 AM PST and 17:30 Israeli Time). Participating in the call will be Retalix Ltd. CEO Barry Shaked; CFO Danny Moshaioff; and Jeff Yelton, CEO of Retalix USA. Second quarter results will be released on Wednesday, August 4th, 2004, at 5:00 AM EST (2:00 AM PST and 12:00 PM Israeli Time.
Retalix reaffirmed its previous 2004 guidance, which included revenue growth of approximately 30% in 2004 in comparison to 2003 and a net income of $5.5 million including adjustment for the effects of its recent offering. The Company also stated that it anticipates second quarter revenues to exceed $28 million, and that the integration of OMI International is proceeding according to plan.
“The conference call will be broadcast live over the Internet and can be accessed by all interested parties at www.retalix.com. To listen to the live call, please go to the Web site at least fifteen minutes prior to the start of the call to register, download, and install any necessary audio software. For those unable to participate during the live broadcast, a replay will be available shortly after the call on the Retalix site for 90 days.
About Retalix Ltd.
Retalix Ltd., with North American headquarters in Dallas, TX, provides integrated enterprise-wide software solutions for the global retail fuel and food 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, 2002, 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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