Island Pacific Announces Recent Global License Sales
Las Vegas, NV, USA - September 22, 2004 - Island Pacific (AMEX:IPI) provided an update of recent license sales and upgrades completed during August in its Retail Pro(tm) division.
During the month of August, the company added 60 new customers, and 232 upgrades and membership renewals, not including the International Speedway Corporation license and services announced earlier this month.
Among the new customers, Island Pacific welcomes Well Heeled LLC in Avon, CO; Fleur De Lys in Costa Mesa, CA; American Apparel in the United Kingdom and France; Staples Center in Los Angeles, CA; Color Me Mine, an international franchise, in Marina Mall, Salmiya, Kuwait; Atlanta City Store in the Atlanta Airport, GA; Pure Elegance on St. Simons Island, GA; Rip Curl-Trestles in San Clemente, CA; Metalicus Retail Pty Ltd in Melbourne, Australia; The Nesting Box in Thousand Oaks, CA; Ancient Echoes in Chicago, IL; Hugo Boss in Stockholm, Sweden on the famous Sturuplan Street; Caribu Distribution Inc./Caribu Kids in Gurnee, IL; Mi Place in Newport Beach, CA; Khalid Alsultan Co., a specialty purveyor of dry natural health foods in Sharq Mall and Kuwait City, Kuwait; Egg Maternity and Scrap Book Central in Wellington, New Zealand; Tokens in New York City, NY; and Dot Foods Inc. in Mount Sterling, IL.
"Retail Pro(tm) enjoys a wide and very diverse customer base, as illustrated by August`s new customers," said Mike Tomczak, President and Chief Operating Officer. "Coupled with the global Business Partner network, Island Pacific can be there from the beginning. Small and mid-tier specialty retailers need a merchandising management solution that will help them reach their business objectives. By providing robust store operations, merchandise planning and customer management, we believe Retail Pro is that solution."
Danny Zeibert, Global POS and Store Operations Summit Founder, said, "The global nature of our business is exactly why we initiated the Global POS and Store Operations Summit. Our largest customers around the world wanted a forum to meet with us and with each other to discuss the general retail industry, as well as the direction of Retail Pro(tm). We`ve brought in industry experts and retailers from all over the globe to discuss the latest retail trends and technology. One of the biggest differences about this summit is the focus on Global retail, as well as the interest in store operations. With the fierce competition seen in retail today, retailers are doing everything they can to provide the optimal customer experience throughout their shopping experience and with every point of contact. I think we`ll see much more focus on the importance of store systems in helping retailers to differentiate themselves from one another by providing unique experiences."
Upgrades and membership renewals in August included The Home Store, the largest home improvement chain with 15 stores throughout India, Golden State Phone & Wireless in San Luis Obispo, CA; Mecca Cosmetica and Allan`s Music Group with stores throughout Australia; Shoe-Nami in New Orleans, LA; Campanita and Calzado`s Mendi, S.A. de C.V. in Mexico City, Mexico; Hemlines in Kansas City, MO; Smart Marine Supermarket in Auckland, New Zealand; Plaforama in Monterrey, Mexico; Ashworth in Carlsbad, CA; and Jimmy Choo Shoes in New York City, NY.
About Island Pacific
Island Pacific is a global leader in retail merchandising, store operations, CRM, and multi-channel software solutions. For more than 25 years, Island Pacific has developed a reputation for delivering high-quality, high-reliability software to the retail industry. Recently, the company has transformed itself into the low-cost, high-value provider of retail enterprise solutions by developing breakthrough technologies, and by partnering with leading consulting organizations to provide next-generation services. In addition, Island Pacific leverages its years of experience with emerging and established retailers to craft creative solutions tailored for each customer`s needs.
As a result, Island Pacific is the definitive resource for scalable, flexible and affordable solutions for retailers around the world. Incorporating the recently acquired Retail Technologies International (RTI) and Page Digital, Island Pacific serves over 9,000 retail clients in more than 70 countries. Represented in more than 55,000 stores worldwide and available in 14 languages, the company`s technology manages billions of transactions annually under the brand names of IPMS, IP synaro, OnePointe and Retail Pro, and is the thought leader in multi-channel retailing.
Founded in 1978, the company is headquartered in Irvine, California, and has offices in the United States and the United Kingdom, and is represented by business partners in over 30 countries. For more information, please visit www.islandpacific.com and www.retailpro.com.
Certain statements contained in this news release regarding matters that are not historical facts are forward-looking statements. These statements relate to future events or the Company`s future performance. These statements are only predictions. Because such forward-looking statements include risks and uncertainties, actual results may differ materially from those expressed in or implied by such forward-looking statements. Factors that could cause actual results to differ materially include, but are not limited to, the risk factors listed in the Company`s Form 10-K for the fiscal year ended March 31, 2004 and other risk factors identified from time to time in the Company`s filings with the Securities and Exchange Commission. IPI undertakes no obligation to release publicly any revisions to the forward-looking statements to reflect events or circumstances after the date of this news release or to reflect the occurrence of unanticipated events.
Media Relations Contact:
Danny Zeibert
Island Pacific, Inc.
+1.916.605.7200
Email: media@islandpacific.com
Investor Relations Contact:
Tricia Skoda
Island Pacific, Inc.
+1.949.399.3816
Email: ir@islandpacific.com
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