Retail Pioneers to Implement IPMS
Irvine, California, USA - July 9, 2004 - Island Pacific, Inc. (AMEX:IPI) announced today that it has signed a contract with retail pioneer Gabriel Brothers, Inc. The agreement covers new licenses for Island Pacific`s suite of merchandising management software as well as implementation and integration services. Gabriel Brothers is a unique off-price retail company that provides its customers with a wide array of brand name merchandise for the entire family.
"Gabriel Brothers is a perfect example of the IP customer, with a strong retail track record and aggressive growth plans," said Mike Tomczak, President and Chief Operating Officer of Island Pacific.
Dave Joseph, Senior Vice President Sales, noted, "IP`s sales team spent a good deal of time assessing Gabriel Brothers needs and how the IP product suite would fulfill their operating plans. The migration path and scalability were very important to their initiatives. Gabriel Brothers is a value-driven organization; naturally IP had to satisfy that important criteria."
About Gabriel Brothers
Gabriel Brothers, Inc., founded in 1961, is a privately owned and operated off-price retailer headquartered in Morgantown, WV. Gabriel Brothers, along with affiliated Rugged Wearhouse, Inc., currently operate over ninety nine (99) retail locations under the Gabriel Brothers and Rugged Wearhouse banners. Stores are located in 11 states including West Virginia, Virginia, Pennsylvania, Ohio, Maryland, Delaware, North Carolina, South Carolina, Tennessee, Georgia and Alabama. Family owned and operated, the companies have experienced significant growth in recent years, aggressively opening more stores, expanding purchasing and distribution capabilities, and seeking ways to better serve a growing customer base. For more information about Gabriel Brothers, and affiliated Rugged Wearhouse, visit the websites at www.gabrielbrothers.com and www.ruggedwearhouse.com.
About Island Pacific
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.
Island Pacific, incorporating the recently acquired Retail Technologies International (RTI) and Page Digital, 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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