Retalix Launches New Transportation Management Software
Solution Enhances and Automates Inbound Freight Management With Optimization Engine and Advanced Planning, Execution and Collaboration Features
DALLAS - Nov. 4, 2009 - Retalix(R) (Nasdaq:RTLX) today announced the availability of Retalix(R) Transportation Management, a comprehensive inbound freight management system for both retail and wholesale distributors.
Retalix Transportation Management (RTM) automates and optimizes a distributor's freight planning, procurement, execution, settlement and visibility with supplier collaboration. It also creates additional revenue by identifying backhaul and freight hauling opportunities.
New enhancements in Retalix Transportation Management include:
* A completely new, Web-based Microsoft .NET platform
* Load building and optimization for truckload (TL) and
less-than-load (LTL) shipping
* Enhanced cross-docking capabilities and strategic enterprise
planning
* Enhanced carrier collaboration through RetalixTransportation.com
* Carrier selection and rate assessment
* Workflow automation
* Web tendering and progressive routing
* Optimization engine tuning and integration with map data
"This release of Retalix Transportation Management will give retailers and distributors more insight into and control over their inbound freight operations than ever before," said Reuben Halevi, President, Retalix Supply Chain division. "By providing added supply chain automation and visibility, distribution center operators can use RTM to generate new income by monitoring key vendor/carrier performance indicators; determining the lowest-cost carrier; and calculating discounts and FOB."
Retalix Transportation Management is available immediately.
About Retalix
Retalix(R) (Nasdaq:RTLX) is a leading provider of software solutions to retailers and distributors worldwide. The Company's product and services help its customers automate and synchronize essential retail and supply chain operations, encompassing stores, headquarters and warehouses. Specializing in the food industry, Retalix serves customers in more than 50 countries. For more information, visit www.retalix.com.
Retalix is a registered trademark of Retalix Ltd. in the United States and in other countries. The names of actual companies, products and services mentioned herein may be the trademarks of their respective owners.
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 and U.S. federal securities laws. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Retalix, including revenues, income and expenses, to be materially different from any future results, performance or achievements or other guidance or outlooks expressed or implied by such forward-looking statements. Such factors include risks relating to Retalix's anticipated future financial performance and growth, continued roll-outs with existing customers, continued interest in Retalix's new platforms, the perception by leading retailers of Retalix's reputation, the potential benefits to food and fuel retailers and distributors, expansion into new geographic markets, 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 Retalix's Annual Report on Form 20-F for the year ended December 31, 2008, for a discussion of these and other important risk factors. Except as required by law, Retalix 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.
CONTACT: For media information:
Jeff Green
Michael A. Burns & Associates Inc.
+1-214-521-8596
greenj@mbapr.com
Darren Vader
Retalix USA
+1-469-241-8558
Darren.Vader@retalix.com
For investor information:
Tamir Peled
Retalix Ltd
+1-877-573-7193 x6283
Investors@retalix.com
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