Retalix Demand Forecasting and Replenishment Solution to Be Deployed in the Chain`s 420 Sites in the USA
PLANO, Texas, July 18, 2005 -- Retalix USA (NASDAQ:RTLX) announced today that Kum & Go L.C., a leading convenience store chain operator with over 420 stores, has selected the Retalix DemandAnalytix (DAX) demand forecasting and replenishment solution for a company-wide implementation.
Retalix DemandAnalytix (DAX) is a Demand Forecasting and Computer Generated Ordering (CGO) solution, which enables retailers, manufacturers and distributors to improve product availability, inventory management and overall supply chain efficiency. DemandAnalytix utilizes unique algorithms to interpret POS sales data and inventory data, forecast store-level demand and optimize replenishment orders, while taking into account the full complexity of the c-store retail environment.
With more than 420 convenience stores and 4,000 employees in 13 states, Kum & Go is the 22nd largest convenience store chain in the USA. For over 45 years Kum & Go has been focused on customer service and convenience.
"Eliminating out-of-stocks and providing the customers with the highest possible level of product availability have been identified as Kum & Go`s highest priorities," said Kym Howe, Vice President of Information Technology. "We are very excited about Retalix`s DemandAnalytix proven capabilities in helping reduce out-of-stocks and improve store-level replenishment. We anticipate that Retalix will significantly streamline our ordering process."
Victor Hamilton, CEO of Retalix USA, said: "Retalix DemandAnalytix has already been proven as a great means to improve the supply chain efficiencies of both grocery retailers and of manufacturers. We are excited about the opportunity that Kum & Go is giving us to extend the benefits of DAX into the C-Store market. The customers of Kum & Go will soon feel the improvement in the product availability and enjoy even more the chain`s excellent customer service."
Project work is already under way for the stores, which are planned to go live in Q4 2005. The rollout to the full chain will be completed in 2006.
About Kum & Go, L.C.
Founded on old-fashioned customer service, Kum & Go is a pioneer in the convenience store industry. Based in Des Moines, Iowa, Kum & Go began in 1959 in Hampton, Iowa and has grown to more than 420 convenience stores in 13 states (Iowa, Kansas, Minnesota, Missouri, Montana, Nebraska, North Dakota, Oklahoma, South Dakota, Colorado, Arkansas, Wyoming and Wisconsin). Thanks to the efforts of its nearly 4,000 associates, Kum & Go convenience stores continue to lead the industry in customer service and convenience. In addition to a wide selection of products, Kum & Go provides customers a proprietary mix of products under the well-known Hiland brand name including gourmet coffee, water, potato chips, sandwiches and snack nuts. Kum & Go has maintained 45 years of dedicated community commitment, each year returning 10 percent of its profits to the communities it serves. Kum & Go is the United State`s 22nd largest convenience store chain. For more information on Kum & Go, visit www.kumandgo.com.
About Retalix Ltd.
Retalix Ltd., with its North American headquarters in Plano, TX, provides integrated enterprise-wide software solutions for the food and consumer goods retail and distribution industries worldwide, including supermarkets, convenience stores, fuel stations, and quick service restaurants, as well as foodservice distributors, grocery distributors, convenience products distributors, and fast moving consumer goods distributors. The Company offers a full portfolio of software applications that automate essential retailing, distribution and supply chain management operations. These applications enable users to increase operating efficiencies, while improving customer acquisition, retention and profitability. With more than 34,000 installations across 50 countries, Retalix develops and supports its software through more than 1,300 employees in its various subsidiaries and offices worldwide. 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 and U.S. federal securities law. 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 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, the potential benefits to food and fuel retailers and suppliers, 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, 2004, for a discussion of these and other important risk factors. 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.
Retalix USA
Victor Hamilton
469-241-8400
infousa@retalix.com
CCG Investor Relations
Crocker Coulson
310-231-8600
crocker.coulson@ccgir.com
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