7/17/02

Island Pacific Signs Partnership with Retail Process Engineering (RPE)

Kurt Peters , Executive Editor

Contact:
Kathryn Scott
Vice President, Marketing and Alliances
Island Pacific
949-440-3193
Email: kathrynscott@islandpacific.com

- Successful systems integrator to sell and implement Island Pacific`s Merchandise Management system-

Irvine, CA – July 17, 2002 – Island Pacific, a division of SVI Solutions, Inc. (AMEX: SVI), announced today that they have signed a partnership agreement with Retail Process Engineering, LLC (RPE), a leading consultant and systems integrator for the retail market with over 500 client locations throughout the U.S. This agreement has been signed as part of Island Pacific`s Preferred Partner Program.

“We created the Preferred Partner Program to help us build a strong base of strategic partners,” said Coleen McNally, Island Pacific’s Chief Operating Officer. “Any partner signed under our program must meet strict qualification criteria and complete our certification process. We want to be sure that Island Pacific partners bring value to our customers by adding value to our offerings. We are very pleased to welcome RPE to the program and are honored to include them on our team.”

According to the terms of the agreement, RPE will market, sell and implement Island Pacific`s Merchandise Management system as an Island Pacific Certified Business Partner. “RPE has an excellent reputation in the retail industry and a history of delivering beyond their customers` expectations,” commented McNally. “Their business practices reflect the same core values that Island Pacific holds in the highest regard. I believe this is a strong partnership that will quickly and effectively extend our marketing and sales reach.”

“Island Pacific`s products, services and support are well-respected in the industry,” said Cliff Epstein, President, Retail Process Engineering. “Island Pacific knows the retail market like we do. They have a premiere list of customers and a robust suite of integrated software applications that makes for a very attractive offering. The Merchandise Management system brings a powerful retail solution to our arsenal. We already have several opportunities we are pursuing in which Island Pacific will be a good fit.”

About Island Pacific`s Merchandise Management System

Island Pacific`s Merchandise Management system is designed to assist retailers in maximizing the potential of the people, products, and ideas that make up their business. The System includes a number of modules that allow retailers to integrate all their operational areas in support of the supply chain: planning and open-to-buy, forecasting, purchase order management, allocation, transfers, automated replenishment, price management and physical inventory. In addition, Island Pacific`s business analysis and planning tool, The EyeÔ, utilizes advanced data storage techniques and information filtering to support strategic decision-making activities. Because The Eye’s datamart features ease of use, high-level performance, and user definable data reporting and display, it combines the advantages of a custom software solution with the upgrade benefits of packaged software.

In addition to the core modules included in Merchandise Management, the architecture itself provides advantages. Island Pacific employs a single-version development philosophy where the core product is continuously enhanced by both customer-driven modifications and internally funded development. This approach ensures retailers a robust, feature-rich product with an upgrade path that keeps pace with the latest retail advances.

Island Pacific also offers Direct, a powerful Direct-to-Consumer application for multi-channel retailers. In one integrated tool set, Direct provides order entry, order processing, customer service, purchasing, inventory planning, forecasting, warehouse management, fulfillment, marketing and circulation management for both web and traditional catalog/direct mail retailing. This robust, multi-channel solution can be purchased as a stand-alone product or as an integrated add-on to Island Pacific`s Merchandise Management system.

These software solutions are supported by Island Pacific`s professional services team. Services include consulting, technical development and modifications, project management, systems implementation and retail business process re-engineering.

About Retail Process Engineering

Retail Process Engineering (RPE) is a leading provider of consulting and systems integration services for the retail industry. The company provides expertise in a complete range of IT management services including system implementation with enhancements, e-commerce and web design projects, and ERP implementation. Clients include: Zany Brainy, Big V Supermarkets, KaBloom, Roses Stores, Superstand, Little Switzerland, LifeWay Christian Resources and The Vitamin Shoppe. RPE is based in Tampa, Florida. More information on RPE can be obtained at their Web site at www.rpeconsulting.com.

About Island Pacific

Island Pacific, a division of SVI Solutions, Inc. (AMEX: SVI), provides retailers with a fully integrated suite of software to manage the spectrum of merchandising activities and create success for single and multi-channel businesses. Partnering with our customers, our products deliver the tools retailers need to effectively increase revenues and profits – assuring merchandise desired by customers is in retailers` stores priced competitively. To complement the spectrum of success provided by our software products, we also offer a breadth of professional services including consulting, implementation, technical and project management. Headquartered in Irvine, California, Island Pacific has sales offices in the United States and the United Kingdom. Its worldwide customer base includes major retailers such as American Eagle Outfitters, Timberland, Chick’s Sporting Goods, The Limited, Nike, Signet, and Vans, Inc. More information about Island Pacific can be obtained on their website at www.islandpacific.com

About SVI

SVI is a global company, headquartered in Carlsbad, CA, with operating division offices in Carlsbad, Irvine and London. The company offers multi-channel technology solutions such as store solutions, enterprise management, merchandising and direct-to-consumer solutions for leading retailers such as Home Depot, The Limited, Hamleys, Nike, OfficeMax, and Vans, Inc. to name a few. For more information, please go to SVI’s website at www.svisolutions.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 (as amended) for the fiscal year ended March 31, 2001 and other risk factors identified from time to time in the Company’s filings with the Securities and Exchange Commission. SVI 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.

Topics:

business finance, supply chain management, Technology Internet

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