Island Pacific Announces Recent Global License Sales
Irvine, California, USA - July 28, 2004 - Island Pacific (AMEX:IPI) provided an update of recent sales that have been completed during the second half of June in its Retail Pro division.
Mike Tomczak, Island Pacific`s President and Chief Operating Officer, stated, "During the last two weeks of June, an additional 40 new licenses, were sold through the business partner network of the Retail Pro division of IP bringing the total number of new licenses sold in June in excess of 70, in 7 countries. These included sales to the Chef Shop in San Carlos, California; University of Colorado Hospital Gift Shop in Colorado; La Peluquita Inc. / Casa Guero in Laredo, Texas; and University Arts, Palo Alto, California. In addition to the new licenses, numerous upgrades and services were performed during the period, including a large upgrade to American Apparel executed by One Step Data, based in Glendale, CA. This activity is an example of the consistent nature of the Retail Pro business. Each month we add several new users to the Island Pacific customer base with the help of our high-quality reseller channel."
Several of the sales were completed by Island Pacific`s business partner, Big Hairy Dog, based in Sacramento, California. Dave Hipskind, Marketing Director of Big Hairy Dog, commented, "June was an active month for BHD. University Arts specializes in art supplies and gifts geared to art students, with their main store near Stanford University and locations in the San Francisco Bay and Sacramento areas. We also closed a new license transaction with Sun Shops in Santa Cruz which retails beach/tourist apparel, accessories and souvenirs on the boardwalk in Santa Cruz."
About Big Hairy Dog
Big Hairy Dog Information Systems (BHD) is a Master Diamond partner of Retail Pro, the highest category amongst Retail Pro`s business partners and markets Retail Pro exclusively when selling retail automation technology. Over a decade of award winning service has placed BHD as a leader in point-of-sale, inventory management, e-commerce and accounting sales and support.
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.
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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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